Senior Specialist: Fraud Risk Management

**_ 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._**

**_ Alternative Application Methods: (Completed Curriculum Vitae to be submitted)_**

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Note: if you have not been contacted within 30 days of the closing date of this advertisement please consider your

We urge all our employees, clients, members of the public and our suppliers to report any kind of fraud or corruption at

**_ Operating Division : Transnet Corporate Centre_**

**_ Position Title : (Re Advert )Senior Specialist: Fraud Risk Management_**

**_ Employee Group : Permanent_**

**_ Department : Security_**

**_ Location : Johannesburg_**

**_ Reporting To : Head : Fraud Risk Management_**

**_ Grade Level : E_**

**_ Reference Number : 6014268_**

**_ Position Purpose:_**

1. To monitor the execution of the Fraud Risk Management Plan in accordance with National Treasury’s requirements guided
by the principals of the Institute of Internal Auditors, International Professional Practice Framework (IPPF) and ACFE to

provide assurance on the status of fraud risk and or corruption across Transnet which will include processes and controls.

2. To manage and provide direction to the team for planning, execute and report on forensic audit engagements and provide

recommendations and guidance to management to mitigate fraud and corruption.

3. To review the substance based on a preliminary assessment of matter/s and approve the referrals of the matter/s of fraud

and corruption for further investigation to the Forensic investigation unit.

4. To approve and deliver quality forensic audit working papers and reports with supporting evidence simultaneously adding

value to Transnet.

5. To review and approve for submission to the executive manager, monthly reporting packs for the various steering

committees EXCO, RISKCO, audit committee, SIU and DPE

**_ Position outputs:_**

1. Building a team that would carry Transnet forward in the combat against fraud and corruption while implementing

preventative measures.

2. Facilitate new changes in policies and procedures and create an effective work environment.

3. Ensure compliance to policies and procedures within the team.

4. Manage the daily operational activities of the teams and monitor performance.

5. Setting clear objectives consistent with the Fraud Risk Management Plan and managements goals and implement

strategies for achieving these objectives.

6. Provide guidance to the team in drafting the Fraud Risk Management Plan for approval at an Executive management and

Board level.

7. Planning and conducting of an annual risk assessment.

8. Conduct an Analysis of risk, categorise the risk based on specific criteria for inclusion into the Fraud Risk Management

Plan.

9. Manage and monitor the implementation/execution of the road map for the completion of the Fraud Risk Management

Plan.

10. Plan and formulate an effective efficient methodology for the execution of Fraud Risk Management Audits.

11. Approve the business risk per operating division and re-compute the acceptable level of materiality per audit.

12. Assess and review the identified Fraud and corruption risk within the different processes, financial management reports

and operations.

13. Plan, guide the team and review ad-hoc financial, operational and compliance forensic audits, providing a level of

reasonable assurance to the clients.

make recommendations to executive management and relevant stakeholders.

15. Review the fraud risk register by analysis of matters arising from FRM audits, and investigation activities and other

financial and operational procedures.

16. Analyse and formulate an opinion on the business fraud and corruption risk and impact upon Transnet, including the

impact in the current economy and the effect it poses on Transnet which will lead to increase in the susceptibility to fraud and

corruption.

17. Have the ability to determine types of audit risk and how it impacts the forensic audit.

18. Follow the audit protocol to lead and direct the fraud risk audit opening and closing meetings

19. Engage with various operating division as part of your process in agreeing and approving the scope of different forensic

audits and obtaining sign off from the CE’s of each operating division upon agreement of scope.
20. Perform fraud detection through data analytics. (Power BI, SAP, Excel).

21. Review of the data analytics to draw a trend analysis that will support your execution in the forensic audits.

22. Liaise with management, Internal Audit and External Audit, SIU, NPA other external stakeholders as and when required.

23. Compile detailed forensic audit working papers and forensic audit reports based on the outcome of the various forensic

audits conducted, ensuring it