Why is its positioning and/or visibility so unique to a 56 then?
Not all that unique. It's pretty much identical on the 58s (which are compatible with the 56s). Also high up and quite visible on 33/1s, 73s, 442s, etc. In the case of those passenger locos, it's also used for remote control from a driving trailer in push-pull operation.
Some locos and units have the cables high up, others have them down around the buffer beam. Not really sure why some are high, others are low, just choices made when designing them or ordering them, I guess. High is out of the way, but needs someone to climb up from track level (if not adjacent to a platform); low is possibly more prone to damage, but easier to couple at track level.