Tandem Bank

Operational Risk Manager (IT and Cyber Security - 6 months FTC)

United Kingdom

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Position Overview

  • Location Type: Flexible (Fully Remote or Hybrid)
  • Job Type: 6 months Fixed-Term Contract (FTC)
  • Salary: Up to £60,000 FTE (pro-rata) plus benefits
  • Job Title: Operational Risk Manager (IT and Cyber Security)
  • Working Pattern: Monday to Friday, 36.25 hours per week

Tandem is the UK's greener digital bank, seeking an ambitious and dedicated Operational Risk Manager to join their movement for positive change. This role is within the 2LOD Enterprise and Operational Risk team, supporting the Director of Enterprise and Operational Risk in fostering a sound and secure operating environment. The position requires demonstrable experience in IT and cyber risk oversight within a financial services regulated environment, with the ability to advise senior stakeholders.

Company Information

Tandem is a digital bank focused on revolutionizing savings, borrowing, spending, and sharing while prioritizing the planet, people, and customers. As one of Europe's fastest-growing digital banks, Tandem operates with values of being Brave, Enterprising, Simple, and Together (BEST), fostering collaboration among its 500-strong team to drive a brighter, greener future.

The Team

The role is part of the 2LOD Enterprise and Operational Risk team. The successful candidate will support the Director of Enterprise and Operational Risk in creating and maintaining an environment where senior management and the business can operate soundly and securely.

Responsibilities

  • Developing and implementing an independent oversight model for cyber and technology risks across Tandem Bank.
  • Collaborating with colleagues across all three lines of defence to support enhanced risk management.
  • Providing strategic insight and capability to identify and drive organisational preparedness for emerging threats relating to Technology and Cyber Risks.
  • Actively promoting a positive and strong risk culture across the business.
  • Providing advice to the business on expected Technology and Cyber controls.
  • Developing a strong presence across the bank and supporting operational meetings to promote a strong risk culture.
  • Providing 2LOD input to the wider Risk team, including consulting on key initiatives.
  • Supporting policy reviews and the creation, development, and rollout of training materials to educate colleagues on technology and cyber risks.
  • Identifying, investigating, and resolving issues.

Requirements

Essential:

  • Minimum of three years’ experience in Technology and Cyber Security.
  • Ability to work effectively under pressure, at pace, and prioritize work.
  • Insight and capability to identify and drive organisational preparedness for emerging threats within Technology and Cyber.
  • Ability to work collaboratively with colleagues across all three lines of defence.
  • Proven ability to promote a positive and strong risk culture throughout the Business.
  • Ability to form effective relationships and provide challenge.
  • Adaptable and able to take on a wide range of tasks based on team needs.
  • Excellent attention to detail.
  • Strong communication skills, including confidence to interact with and challenge senior stakeholders.
  • Ability to appropriately challenge information and get to the heart of a matter.

Desirable:

  • Experience in risk management within a Financial Services Organisation.
  • Strong understanding of Operational Risk Management Frameworks (end-to-end), including operational risk systems, policies, and regulatory requirements.
  • Relevant professional qualification.
  • Experience working at a digital bank.
  • Understanding of Retail Banking products (mortgages, asset finance, savings, finance, and treasury).

Rewards

Tandem offers rewards that reflect your value, with enhanced employee benefits.

Skills

Operational Risk Oversight
IT Risk Management
Cyber Security
Risk Framework Development
Stakeholder Management
Regulatory Environment

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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