Employer: Transnet Specialist: Regulatory Analysis Operating Division:Transnet Freight Rail Employee Group:Permanent Department:SP-LGRC-Compliance-JHB Location:Johannesburg Reporting To:Head: Legal Services Grade:E Reference: The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement. Position Purpose •To set strategic direction and manage compliance and legal requirements within Transnet Freight Rail. •To support the executive structures of Transnet Freight Rail in discharging their responsibilities to the Board and management in so far as the Compliance and Legal function is concerned. •To assist management in discharging their responsibility to comply with applicable regulatory requirements. Position Outputs •Develop and maintain relationships with regulators. •Develop, implement, maintain and track Regulator Engagement. •Develop, implement, maintain and track Statutory Reporting Requirements and Responsibilities. •Monitor the regulatory environment to identify new regulatory items and changes to existing items and advise business where required. • Review new regulatory requirements and interact with stakeholders to identify implications for TFR: • Consult with business units on draft regulatory requirements. • Invite comments from internal stakeholders. • Draft and submit comments to Group Compliance and relevant government departments. • Issue communications to business units on regulatory requirements to keep them abreast of amendments. • Analyse and interpret regulatory requirements for inclusion in compliance control plans. •Respond to ad-hoc requests and conduct research for stakeholders to stay abreast of emerging trends and best practice. •Identify the regulatory requirements applicable to TFR after consultation with stakeholders. •Provide regulatory interpretation during compliance risk assessments. •Provide analysis of regulatory items for inclusion in compliance control plans. •Manage and assist with the implementation of compliance and legal projects, including representation on co-opted projects. •Conduct compliance training in relation to the training plan. •Quality assure all training material as developed for compliance roll-out to ensure that the training addresses specific •regulatory compliance requirements/issues. •Manage and ensure the achievement of identified Legal Services output targets in respect of the following: •Providing legal support services; •Managing and advising on compliance with legal prescripts; •Providing contract management legal services and support. •Review new business for compliance with regulatory requirements and facilitate awareness of new regulatory requirements. Qualifications and Experience • LLB Degree • A postgraduate qualification in Law or certificate in Legislative Drafting will be an added advantage • At least 8-10 years’ experience in a legal compliance and regulatory role, with at least 5 years at management level • Requirement of Trust and Honesty in the handling of Finances as per the National Credit Act Amendment 19 • Must undergo Lifestyle Audit Standard Job Requirements: • Drivers licence Code 08 • Travel as required and approved Competencies • Knowledge of governance best practices • Sound understanding of the South African legislative environment/parliamentary processes • Sound knowledge of the South African regulatory landscape • Enterprise risk management concepts and frameworks • Knowledge of training methodologies Equity Statement Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.NB: First Preference will be given to Persons with Disabilities (PWD). Disclaimer If you have not heard from Transnet within 90 days, please consider your application as unsuccessful. Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com