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Full-Time

Business Analyst

Posted on 7/12/2024

Tandem Bank

Tandem Bank

51-200 employees

Fintech offering green financial products

Hardware
Energy
Fintech
Social Impact
Financial Services

Compensation Overview

$50kAnnually

+ Bonus

Mid

Cardiff, UK

Category
Project Management
Business & Strategy
Required Skills
Agile
Communications
Requirements
  • At least 3 years Business Analysis experience
  • Experience working with senior stakeholders
  • Passion, drive, and commitment to delivering high quality solutions
  • Ability to understand and break down complex requirements
  • Excellent communication skills
  • Ability to challenge constructively
  • Keen to learn and share knowledge
  • Adaptability and pragmatism
  • Team player
  • Customer-centric mindset
Responsibilities
  • Elicitation of requirements and documentation
  • Analyzing and managing relationships with stakeholders
  • Modeling business situations
  • Applying agile methodology
  • Facilitating and leading sessions
  • Supporting Developers, Testers, Product Owners, and Delivery Managers
  • Contributing to product backlog management
  • Identifying risks and issues
  • Supporting business operations
  • Process improvement
  • Mentoring other Business Analysts

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%
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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