Compliance & Risk Specialist X2 at Transnet

Position Purpose:

• To ensure compliance to TNPAs Risk & Control Frameworks and enable the Division's SCM to meet its objectives and obligations in a way that does not expose the organisation to adverse risks. Entrench a standardised risk management framework based on the Control Self-Assessment (CSA) methodology.
• Disseminate information and conduct training on Risk & Control Frameworks to Supply Management stakeholders and end-users as required.

Position outputs:

Supply Chain Compliance and Risk Framework Alignment:

• Develop controls to address adherence to relevant legislation, management of identified risks and ensure that Supply Chain Management (SCM) controls such as Business Critical Controls (BCCs) operate effectively;
• Develop, maintain and update compliance related frameworks processes and procedures for implementation across the Divisions Supply Chain Management;
• Maintain a comprehensive Compliance Manual that addresses compliance risks to which TNPA SCM is exposed, objectives and aspects of applicable compliance laws, rules and standards; and
• Efficient monitoring of business-critical controls, by reviewing risks and ensuring that process owners mitigate process risks.

Manage key stakeholder relationships:

• Communicate the objectives of compliance and risk management frameworks to internal and external SCM stakeholders;
• Assist and advise on the development of training and awareness material and conduct training on compliance and risk management frameworks to Supply

Chain Management stakeholders and end-users as required;

• Disseminate relevant compliance laws, rules and standards information throughout SCM;
• Embed the risk awareness culture within TNPA SCM; and
• Co-ordinate interfaces and assist with stakeholder management for regulatory and supervisory bodies, as appropriate in conjunction with TNPA's Compliance.
• Provide compliance and risk management support in Supply Chain:
• Monitor the Division's compliance to Transnet's Supply Chain policy, governance, compliance and risk managemen frameworks;
• Provide training in order to promote compliance to SCM processes and reduce audit findings;
• To manage Enterprise Risk Management in SCM by ensuring that SCM manages risks related to the achievement of business objectives;
• Identifying, analysing, evaluating, and reviewing TNPA SCM's business risks, assessing their impact and probability, assigning risk owners and defining treatment actions to address the risks and monitoring implementation progress;
• Updating TNPA's SCM risk register, disseminate a log of supply chain risks to relevant functions in port's, and report on these;
• Provide formal & informal support on compliance and risk management to SCM throughout the Division to embed controls to roles & responsibilities to their daily activities;
• Coordinate with Supply Chain Management to ensure that established processes comply with applicable legislation;
• Evaluate supplier performance management practices to minimize risk.
• Research and advise SCM of changes to be implemented relating to compliance laws, rules and standards, as well as international developments in compliance and the applicability; thereof in terms of requirements set for leading practices, impacting on the SCM function;
• Assist and advise on the development of compliance processes, policies and systems that address compliance laws, rules and standards, as well as the integration thereof into SCM operational procedure manuals
• Liaise with Internal & External Audits and monitor BCCs & CSA compliance;

To monitor Internal controls and ensure operational effectiveness of financial as well as operational controls within Supply Management.

• Analyse and investigate process internal & external audits; resolve and mitigate findings across SCM.
• Enhancement of controls and re-engineering of processes;
• Assist corporate governance and Transnet Internal Audit (TIA) with ail necessary information required in forensic activities;
• Input into reporting, as well as the formulation of performance indicators and metrics

Compliance and Risk monitoring and reporting:

• Adhere to reporting templates and timelines and ensure that all reporting requirements are met;
• Collate and consolidate regular reports on compliance and risk for the Division's SCM;
• Analyse and report on performance pertaining to supply chain management compliance and risk management within the Division structures;
• Highlight achievement of compliance and risk mitigation targets on a monthly, quarterly and annual basis;

Qualifications & Experience:

• Bachelor's degree in Commercial or Legal)
• Post-graduate Commercial or Legal degree
• 5 years' experience in the audit, corporate governance, compliance or a risk management profession within a Supply Chain or similar environment.

Competencies:

• Detailed knowledge of the PPM; PPPFA, PFMA and BBBEE
• In depth knowledge of Transnet Group Compliance Framework Thorough insight of the regulatory universe;
• Awareness of the Transnet Enterprise Management Policy and The Enterprise management Strategy & framework description;
• Advanced reporting, communication, presentation, organization and negotiation skills for management processes and projects; and Relevant experience in Supply Chain Management and Supply Chain quality.