Solution:
The different .properties files can be configured to enable detailed logging depending on the component one wishes to log:
For SiteMinder logging level:
/server/default/deploy/iam_siteminder.ear/user_console.war/META-INF/SiteMinderLog4j.properties
For the underlying IAM FrameWork level:
server/default/deploy/iam_siteminder.ear/config/com/netegrity/config/log4j_jboss.properties
For jboss logging:
\server\default\conf\jboss-log4j.xml