Compliance Specialist: Assurance.2 - Durban at Transnet

Position Purpose:

• To provide support to the Divisional Compliance Champion to assist TPT management in discharging their responsibility to comply with applicable statutory, regulatory and supervisory requirements, enabling TPT to demonstrate to regulatory authorities that it is fit and proper to undertake its business. To perform all the required statutory monitoring within Group Compliance. To provide assurance, through compliance monitoring that the compliance framework within TPT is comprehensive and robust. Findings and recommendations to be reported to the TPT Executive Committee, TPT Risk Committee. Ensure that compliance processes, structures policies, procedures are developed, embedded and maintained, and that there is a clear compliance culture adopted by TPT.

Position outputs:

• Responsible for implementation of all compliance monitoring duties/activities.
• Schedule and plan compliance monitoring on specified areas on the basis of the compliance monitoring plan and issues arising in order to monitor TPT’s compliance with procedures, regulatory and statutory requirements/obligations.
• Investigate compliance issues and regulatory matters arising.
• Formally raise and report on issues of non-compliance.
• Make recommendation on corrective actions.
• Monitor the implementation of corrective actions.
• Manage an electronic tracking system.
• Carry out required statutory monitoring.
• Monitor and report on compliance with high risk requirements.
• Prepare reports detailing the findings and recommend solutions for identified compliance breaches and exposures and track the implementation of recommendations.
• Ensure ongoing improvement in levels of compliance through ongoing monitoring representative activities and quality of advice.
• Assist in identifying and preparing new compliance policies or amending existing policies as appropriate as new legislation is introduced or when existing Acts are amended.
• Participate in the interpretation of new legal and regulatory requirements.
• Identify relevant requirements and oversee the implementation of these requirements.
• Assist and provide advice and guidance in the assessment of compliance levels across TPT.
• To provide support with the preparation of a compliance report on a regular basis (monthly), for the TPT EXCO and other committees as may be relevant, in order to keep them up to date on compliance risk and exposures.

Routine monitoring activities.

• Reviewing and analysing contents of the reports and re-packaging the repor.
• Develop and deliver comprehensive training to TPT Compliance Champions and where necessary, the organisation on compliance related matters.
• Develop systems to appropriately develop and manage compliance risk management plans, prioritised regulatory universes developed by TPT and Group Compliance, and
• Tracking tools to monitor implementation of compliance requirements.
• Ensure continuous improvement of quality, availability and integrity of compliance data and reports being generated for management.
• Table the findings in monitoring reports.
• Facilitate compliance risk awareness throughout TPT.
• Maintain a sound working relationship with Internal Audit and Internal Control.
• Assisting line management in monitoring high risk regulatory requirements.
• Ensure ongoing improvement in levels of compliance through ongoing training interventions or representative activities and quality of advice.
• Identify and prepare new compliance policies or amending existing policies as compliance control deficiencies are noted.
• Management TPT specific Compliance projects and the rollout of Group Compliance Projects.

Qualifications & Experience:
Qualifications, Experience & Inherent Job Requirements

• Law / B. Com Degree.

Post Graduate Qualification, Compliance Certificate.

• Minimum of 5 years’ experience in legal compliance and regulatory role is required.

Competencies:
Knowledge

• In-depth knowledge of applicable legislation, regulations and frameworks.
• Knowledge of Enterprise risk management concepts and frameworks.
• Knowledge of training methodologies.
• Planning and organising skills.
• Analytical skills.
• Strong written and verbal communication skills.
• Project management skills.
• Ability to write reports and business correspondence.
• Work independently as well as part of a team.
• Ability to work under pressure and meet deadlines.
• Interpersonal skills.
• Sound time management.
• Strong presentation skills.
• Working knowledge of terminal operations business and processes.
• Attention to detail and high level of accuracy.
• Superior interpersonal and communication skills.
• Strong interpersonal skills.
• Proactive and a self-starter.
• Sound judgement.
• High ethical standards.
• Credibility and integrity.
• Relationship management