TBC Bank Group PLC established Space International with the strategic aim of facilitating the group's global expansion efforts. In 2018, the team successfully introduced the pioneering neobank, Space, in Georgia. Building upon this success, subsequent efforts were directed towards the creation and launch of the fully digital bank in Uzbekistan, TBC UZ, in 2020. In a significant move towards enhancing its foothold in the Uzbek market, the group acquired Payme, a prominent local payments provider and esteemed brand among the Uzbek populace, in 2023.
Presently, a dedicated team of 1,700 professionals representing 17 nationalities collaborates to advance TBC's international presence. Space International spearheads the provision of cutting-edge technologies and top-tier professional services, while the local teams at Payme and TBC Uzbekistan drive sustained growth and operational excellence.
Space is looking for Internal Control Specialist who will be responsible for ensuring a strong internal control environment through the development of processes, policies, and procedures, ensuring their implementation and monitoring compliance
Key Duties & Responsibilities:
- Responsible for understanding the design and implementation of the internal business controls environment, including documentation of processes, identification of risk areas and control gaps.
- Gain and maintain an excellent understanding of key business processes
- Own the design, implementation, documentation, assessment and monitoring the company’s internal control framework, including policies, processes, and key risks in order to ensure that the company has adequate controls to prevent unintentional and intentional errors in any reporting, processes and any business operations.
- Formulate policies and procedures to improve internal controls, compliance, and efficiency
- Identify weaknesses, gaps, and opportunities for process, organizational, and technology improvements focusing and the overall Risk and Controls agenda and communicate results effectively.
- Recommend improvements to close control gaps.
- Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, escalation to business partners, senior leadership and etc.
- Deliver adequate and timely action plans and monitor progress to address and resolve control deficiencies.
- Work collaboratively with business and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action. Assist process owners in identifying and resolving internal control issues
- Actively seek standardization and automation, apply and implement best practices for managing internal controls and deploy innovative technology where possible to enhance and continuously improve the design and operating effectiveness of the controls, documentation, assessment and review procedures.
- Document and report the results of internal control testing to Chief Risk officer/direction lead, communicating control gaps and weaknesses to process owners and other business leaders
- Timely coordination of the Risk and Control Self-Assessment (RCSA) process with all respective owners, identification of possible improvements and gaps closing
- Track and follow-up on control issues to ensure root-cause analysis and remediation of action items are completed.
- Perform other supporting activities (i.e., ad hoc analyses and/or reporting) as required by Chief Risk officer and/or the lead of direction.
Requirements:
- 2+ work experience from a similar position (Internal control, Audit, compliance, or related field.)
- University degree in auditing / finance/ business administration/law or any related fields.
- · Strong experience and interest for how technology and systems can support internal control effectiveness and efficiency
- · Solid understanding and experience with internal control frameworks
- · Strong analytical skills include the ability to spot, assess and address risk, materiality and interdependencies and translate it into impact analysis for the reporting and recommendations for improvement
- · Strong communication skills presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail.
- · Strong oral and written communication skills, including sound presentational skills
- · Excellent organizational and interpersonal skills, and ability to work as part of a multinational team.
- · Adaptable to working in a fast paced, ever-changing environment
- · Striving for continuous improvement and optimization
- · Ability to work well independently as well as the ability to work well with stakeholders
- Strong competency in risk and control assessment, and audit skills
- Strong experience and interest for how technology and systems can support internal control effectiveness and efficiency.
- Strong organizational, problem-solving, and analytical skills
- Proven communication and presentation skills, including the ability to make effective presentations and influence senior stakeholders
- Ability to identify problems, recommend effective solutions, negotiate and ensure that those solutions are implemented effectively and timely
- Ability to work both individually, and within a team environment, build strong relationships and maintain rapport with cross-functional business units, Internal Control teams and with external consultants
- Ability to work remotely and to consistently prioritize activities to meet strict deadlines
- Manage the planning, execution, and quality of Risk and Control Self Assessment (RCSA) program
- Requires a strong business acumen with ability to translate risk concepts into practical application considering business context and prudent management principles
- Ability to assimilate information quickly and identify risk for further analysis
- Advanced computer skills: Microsoft Office systems and the ability to create maintain and analyze data in Excel spreadsheets.
- Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations.
- Advanced level of English
- Russian will be considered as advantage
Thank you for your interest in opportunities at JSC "Space International." Your privacy is a priority. We process data in compliance with the Law of Georgia "On Personal Data Protection." Your information is confidential and used solely for assessing suitability, with a maximum 3-year retention period. We securely store your data using BamboHR (Canada). You are authorized to request data deletion or modification, or provision of information regarding data processing. If you have any such requests or have any questions regarding data processing, please feel free to contact us ProfileModificationRequests@ space.ge. Our commitment extends to equal treatment, ensuring a fair and unbiased selection process. Thank you for considering opportunities with us.