[Remote] Arrears & Litigation Executive at Tandem Bank

United Kingdom

Tandem Bank Logo
£34,000 – £37,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Strong litigation experience on secured loans, including motor finance repossessions
  • Proven ability to manage complex cases and make sound decisions
  • Experience preparing court documentation
  • Ability to identify appropriate exit strategies for cases
  • Knowledge of FCA rules (including MCOB and CONC)
  • Availability for 36.25 hours per week, Monday to Saturday (8am-7pm, with last Saturday of month 9am-12pm remotely)
  • Willingness to travel to Cardiff or Durham office if local, or occasional travel if remote

Responsibilities

  • Proactively service customer requests efficiently and professionally, providing required information
  • Manage inbound customer service communications (telephone, correspondence, email, portal) for servicing and arrears management of mortgage and loan products
  • Issue regulatory transactional documentation accurately in accordance with requirements (including arrears correspondence)
  • Identify situations requiring specialist handling (e.g., complaints, vulnerability, fraud) and refer appropriately
  • Handle customer complaints by identifying, logging, investigating, and resolving them
  • Support Operations Leaders with customers in financial difficulty and later arrears for secured motor and mortgage loans and litigation
  • Achieve departmental service levels while upholding company standards and complying with regulatory obligations

Skills

Arrears Management
Litigation
Customer Financial Support
FCA Compliance
MCOB
CONC
Motor Loans
Mortgage Loans
Regulatory Obligations

Tandem Bank

Digital bank offering green financial solutions

About Tandem Bank

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, demonstrated by financing significant CO2 reductions and collaborating with partners like Oplo and Allium to enhance its green offerings. The goal of Tandem Bank is to provide fair financial solutions while promoting environmental responsibility.

Blackpool, United KingdomHeadquarters
2013Year Founded
$164.3MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Fintech, Social Impact, Financial ServicesIndustries
201-500Employees

Benefits

Paid Vacation
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Flexible Work Hours
Hybrid Work Options

Risks

Competition from digital banks like Monzo and Starling Bank is intensifying.
Regulatory scrutiny on greenwashing claims could challenge Tandem's environmental product claims.
Rising UK interest rates may reduce demand for Tandem's lending products.

Differentiation

Tandem Bank focuses on environmentally friendly financial solutions, setting it apart from competitors.
The bank's community-driven approach involves users in product development, enhancing customer satisfaction.
Tandem's partnerships with Oplo and Allium strengthen its green lending initiatives.

Upsides

Increased demand for sustainable finance aligns with Tandem's green financial products.
Open banking in the UK enhances Tandem's ability to offer personalized services.
UK's net-zero emissions goal supports Tandem's green lending business model.

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