Senior AML Governance Analyst

AML GOVERNANCE & REGULATORY OVERSIGHT

• Maintain the AML governance framework across SPW in alignment with Sanlam Group standards and regulatory requirements.
• Develop, review, update and maintain AML policies, standards, procedures, and guidance documentation, ensuring regulatory alignment and operational applicability.
• Ensure continuous compliance with FICA, FATF Recommendations, SARB, FSCA, and Sanlam Group AML frameworks.
• Interpret regulatory developments and translate them into practical, operational policy and control enhancements.
• Lead regulatory change initiatives, ensuring timely and effective implementation.
• Act as the key governance liaison between SPW, Group AML CoE, Compliance, Risk, Legal, and Internal Audit.
• Support regulatory inspections, audits, and assurance reviews, including:
  • Regulatory engagements
  • Internal Audit reviews
  • Compliance monitoring reviews
  • Risk assessments

REGULATORY ESCALATION AND OPERATIONAL DUTIES

While the primary focus of the role is AML governance, frameworks and regulatory oversight, the Senior Governance AML Analyst will provide operational support to the AML team during periods of increased demand, complex case escalations, or capacity constraints, including:

• AML risk management & Escalations
• Training, Awareness & Capability building
• MLRO Duties

• Ability to implement effectively and efficiently
• Ability to identify gaps in the operational processes and effectively close them
• AML policies and governance frameworks are robust, current, and regulator-ready.
• AML risks are clearly articulated, managed, and escalated appropriately.
• Ability to position AML as a strategic enabler rather than a blocker to the business.
• Strong partnership exists between AML, Compliance, Risk, and Business teams.

• Tertiary Qualification
• 3 to 5 years AML/Financial Crime/ Financial Services Experience

ADVANTAGEOUS:

• CAMS / ICA / ACAMS / Certified AML or Compliance certifications.
• Experience engaging directly with regulators, auditors, and group compliance functions.
• Experience in framework design and regulatory change management.

• Knowledge of:
  • FICA
  • FATF Recommendations
  • AML regulatory frameworks
  • Risk Management and Compliance Plans (RMCPs)
• Strong understanding of:
  • Client onboarding
  • Ongoing due diligence
  • EDD methodologies
  • PEP governance
  • Complex ownership structures
• Excellent policy writing, documentation and governance structuring skills.
• Strong analytical, investigative and problem-solving capability.
• High-level stakeholder engagement and influencing skills.
• Strong presentation and executive communication abilities.
• Research and due diligence skills
• Advanced Microsoft Office skills (Excel, PowerPoint, Word).
• System automation skills (Innovative ideas on possibility to automate processes/procedures)
• Ability to understand broader business issues, to apply holistic insight and acumen in integration of processes
• Strategic thinker with a strong governance mindset.
• High integrity with strong ethical judgment.
• Confident decision-maker with courage to challenge and escalare.
• Strong leadership presence without direct line management authority.
• Excellent communicator, able to translate regulatory complexity into business-friendly language.
• Highly organised, disciplined and detail-oriented.
• Resilient, adaptable and able to thrive in high-pressure regulatory environments.
• Strong ownership mentality and accountability for outcomes.

The Sanlam Group is committed to transformation and embracing diversity, and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.