Advice & Risk Consultant: RA SanlamConnect SFP (Lynnwood) (PG 11/12 at Sanlam Group

What will you do?

• This role will typically form part of Succession (SFP) and AFP’s support structure and to be tasked to promote, monitor, coach/train and drive the effective adherence of compliance and risk management within units through fully understanding the content and impact of all the relevant legislation and requirements for the Financial Service industry.

The following will be core responsibilities, specifically with Short Term and/or Investments, but not limited to:
Promote, monitor and drive the effective adherence of Compliance and Risk Management within the SFP/AFP by doing the following:

• Undertake to fully understand the content and impacts of all the relevant Compliance related legislation and requirements for the Financial Services industry.  Be able to translate and interpret these practically and correctly to the planners and management.  
• Demonstrate high levels of technical and product knowledge (including investment) so as to be in a position to assess correct advice and product/need matching for clients.
• Undertake to train and coach planners and management on areas of compliance and related legislation that require focus or attention as and when necessary
• Ensure that all compliance practices and procedures are strictly observed in terms of disclosures, advice given, records kept, and ethics/behaviour undertaken when dealing with clients and undertaking sales.  
• Undertake ongoing pro-active monitoring of practices and cases submitted by planners.  Draw such cases on a weekly basis from the system and interrogate them against requirements and standards.  Take up areas of risk or anomalies with FA’s and management immediately and ensure corrective actions are followed.  
• Track, interpret and communicate trends or gaps in terms of risks within the unit (SFP/AFP)
• Keep records of all risk and problem areas for both individuals and the unit in general.  Report these back to management regularly for awareness and action.  
• Working closely with line management and the planners, ensure that all advice facing intermediaries and management are fit and proper FAIS accredited and keep the requirements and credits up to date at all times
• As required from time to time, work closely with Forensics and Finance to investigate any suspect business submission, practices or risk areas flagged
• Build relationships and networks within the Financial Services Compliance arena (ASISA etc) to keep updated and influential on matters pertaining to the role. 
• Field audits with management of practices
• Field training content on advice and compliance related topics
• Complaint and advice policy and implementation guidance
• Contract formulation and management
• Legal counsel to senior management in disputes, formulation of correspondence in complaints resolution

What will make you successful in this role?
Qualification & experience 
Minimum Qualifications:

• Product Class of Business knowledge and accreditation (specifically Investment planning)
• Post Graduate Diploma in Financial Planning preferable 
• Appropriate qualification related to Investment
• Appropriate formal legal qualification is advantageous.
• CFP® designation is advantageous 
• Financial services, distribution/sales experience 
• Strong administration, systems, process orientation/background

Knowledge and skills 

• MS: Office (Word, PP, EXCEL)
• Compliance Tools (i.e.: SANFIN) 
• Compliance related regulations and legislation (FAIS, FICA, Money Laundering etc)
• Compliance Complaints process
• Audit/Forensic practices and process 
• Risk management policies, practices and processes (including Reporting)
• Sanlam Products (including Investments)
• Sales Advice process and compliance governances related to this
• Policy Replacement Rules
• Record of Advice
• Contracts and formulation 

Personal qualities 

• Cultivates innovation 
• Client centricity 
• Results driven 
• Collaboration 
• Flexibility and adaptability
• Business insight
• Ensures accountability  
• Decision quality 
• Drives engagement 
• Communicates effective
• Treating customers fairly 
• Effective time management