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Full-Time

Compliance Manager Months FTC

Posted on 5/24/2024

Tandem Bank

Tandem Bank

51-200 employees

Digital bank offering green financial solutions

Fintech
Social Impact
Financial Services

Compensation Overview

$50kAnnually

Mid, Senior

London, UK + 2 more

More locations: Cardiff, UK | Blackpool, UK

Supports hybrid working from London or Blackpool offices approximately 2-3 days a month.

Category
Financial Consulting
Consulting
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
  • 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 provides digital financial services with a focus on environmentally friendly solutions. It offers a variety of products including personal loans, home loans, mortgages, car finance, and savings accounts, catering to individuals in the UK. The bank's approach to lending emphasizes green initiatives, aiming to minimize the environmental impact of its customers. Tandem generates revenue through interest on loans and fees from savings products. What sets Tandem apart from other banks is its strong commitment to sustainability, having financed significant CO2 reductions and partnered with organizations that support green lending. The goal of Tandem Bank is to provide fair financial solutions while promoting environmental responsibility.

Company Stage

Seed

Total Funding

$220.2M

Headquarters

null, United Kingdom

Founded

2013

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.

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