Senior Compliance Manager, Tandem
Plus up to 20% bonus
More information about location
Green-focussed digital bank
Job no longer available
Green-focussed digital bank
201-500 employees
Job no longer available
Plus up to 20% bonus
More information about location
201-500 employees
Company mission
To build the UK's greener, digital bank providing hard-working people across the UK with sustainable ways to save, borrow and spend.
Role
Who you are
- Strong focus on consumer outcomes in a retail financial services environment
- Experience of producing a robust and risk-based Compliance Monitoring Plan and underlying tools like a Risk Universe
- Track record of delivering outcomes focused thematic and adhoc monitoring reviews to a high standard
- Experience of working with regulatory requirements, including the Consumer Duty
- Strong working knowledge of the FCA Handbook including SYSC, BCOBS, MCOB and CONC
- Ability to plan and prioritise effectively to meet changing priorities and demands
- Ability to interpret data and information to highlight opportunities and minimise risk
- Excellent communication and engagement skills; able to engage stakeholders at all levels
- Is commercially astute
- Is analytical, pragmatic and systematic in approach to problem solving
- Previous experience of managing other compliance professionals
- Able to work and deliver alone or as part of a team
- Relevant qualifications such as CeMap and/or ICA Diplomas in Compliance, Governance an advantage
What the job involves
- Working Pattern: Monday to Friday (36.25 per week)
- As we evolve our structure to better serve our customers, this role will lead and provide assurance that the business is operating in a compliant manner in respect of all regulatory requirements, supporting positive customer outcomes and helping deliver cultural change
- This is a key hire reporting directly to the Head of Compliance (SMF16) and will gain exposure to senior management and have the opportunity to make a real difference in our Bank
- Leading, coaching and developing the assurance team
- Creating, implementing and delivering the annual monitoring plan
- Maintaining and evolving the Risk Universe with period refreshes to keep the monitoring plan dynamic and providing appropriate levels of assurance
- Leading, managing and overseeing the completion of monitoring activities in line with the annual plan
- Building credibility with the business via strong engagement and quality outputs to help raise awareness of compliance and conduct matters and embed a consumer outcome focused culture
- Providing support, steer, and challenge to the business on outcomes and actions arising from monitoring activity
- Facilitating, continually improving, and managing KRI dashboards and departmental MI based on assurance activities
- Producing MI for bank wide Committee’s on assurance activity and progress against the Compliance Monitoring Plan
- Deputising for the Head of Compliance (SMF16) as needed, including attending executive committees
- Fulfilling some Compliance Advisory work as required by the Head of Compliance
Salary benchmarks
Our take
The speed of the challenger banks to provide a delightful experience has been impressive, and the number of competitors has proven the consumer desire for innovation.
Tandem sets itself apart from other digital banks, such as Monzo and Starling, not only by being the UK's green digital bank but also by continually launching a wide range of products outside the current account. For example, it offers a leading savings account, with higher interest than many incumbents, and a new interest rate top-up feature for its instant access savings accounts.
The company's partnerships with companies like Oplo and Allium, have helped advance its green efforts, issuing over £230 million of green lending. It may have had a slower start than Monzo and Starling, but has since built momentum, serving millions of users. Since further transitioning into a greener digital bank, the company has seen significant (and sustainable) growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Jul 2023
$26.4m
GROWTH EQUITY VC
Mar 2020
$78m
SERIES D
Total funding: $169.1m
Company benefits
- Hybrid Work Opportunities
Leadership
Neil Chandler
(CEO)Former CEO of Aion Bank and Vanquis Bank and Shop Direct and was a Strategic Advisor at Apax,
Share this job
View 5 more jobs at Tandem