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Full-Time

Compliance Manager Months FTC

Posted on 5/17/2024

Tandem Bank

Tandem Bank

51-200 employees

Fintech offering green financial products

Hardware
Energy
Fintech
Social Impact
Financial Services

Compensation Overview

$50kAnnually

Mid, Senior

Blackpool, UK

Category
Risk Management
Finance & Banking
Required Skills
Communications
Requirements
  • Experience in financial services compliance or first-line risk function
  • Experience in preparation and delivery of thematic and routine outcomes testing reviews
  • Good working knowledge of mortgage and consumer credit rules
  • Ability to work to agreed targets and prioritize work
  • Strong communication skills
  • Attention to detail
  • Related compliance qualification such as CeMAP, ICA diploma in Governance, Risk & Compliance
  • Experience working at a digital bank is an advantage
Responsibilities
  • Contributing to Compliance Monitoring Plan
  • Delivering Thematic and Routine Outcomes Testing Reviews
  • Creating reports and Terms of Reference documents
  • Feeding back findings to stakeholders
  • Identifying root causes of issues and recommending actions
  • Monitoring closure and validation of actions
  • Providing support to the Advisory Team

Tandem Bank offers financial products like savings accounts, home loans, and motor finance, focusing on promoting greener lifestyles. Their business model uses customer deposits to fund loans for eco-friendly projects, helping customers save money while reducing their carbon footprint. A unique aspect of Tandem is their app, Loop, which allows easy money sharing among users. The goal is to make sustainable financial choices accessible, while ensuring customer deposits are protected up to £85,000.

Company Stage

Seed

Total Funding

$220.2M

Headquarters

Blackpool, United Kingdom

Founded

2013

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

3%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as one of the Sunday Times Best Places to Work 2024 highlights a positive work environment.
  • The launch of an affordability calculator and market-leading savings rates demonstrate Tandem's commitment to innovation and customer-centric solutions.
  • Recent funding rounds, including a £20m growth funding, indicate strong financial backing and growth potential.

What critics are saying

  • The niche focus on green finance may limit Tandem's market appeal compared to more diversified financial institutions.
  • Integrating acquisitions like Loop Money could present challenges in maintaining a cohesive brand and service experience.

What makes Tandem Bank unique

  • Tandem Bank uniquely focuses on green finance, using customer deposits to fund eco-friendly projects, unlike traditional banks.
  • Their acquisition of Loop Money enhances their service offerings, making green living more accessible through easy money sharing and splitting.
  • Tandem's commitment to sustainability is reinforced by appointing a Head of ESG and launching financial education programs, setting them apart in the fintech space.
INACTIVE