Job Title: Credit Risk Manager  Working Pattern: Monday to Friday, 09.00 - 17.00 36.25 hours per week  Salary: up to £90,000 and up to 20% bonus and benefits  Location: Flexible – Embrace fully UK remote or hybrid work from any of our vibrant UK offices in London, Cardiff, Durham or Blackpool At Tandem, were not just a bank; were a movement for positive change. If youre an ambitious and dedicated Credit Risk Manager, ready to make an impact, weve got a space with your name on it!  We are Tandem - Where impact meets innovation   Tandem is the UKs greener digital bank on a bold quest to revolutionise the way we save, borrow, spend, and share – all while nurturing our planet, our people and our customers. As one of Europe’s fastest growing digital banks, our values of being Brave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future.   Your team: Collaborators in change    <ul> <li>The Risk Measurement team sits within Credit Risk and ultimately the Risk &amp; Compliance function (2nd line of defence). The Risk Measurement team is responsible for developing and maintaining Tandem’s impairment related models – this includes stress testing / scenario analyses, Credit Risk ICAAP Pillar 2A/2B models.  This team is also responsible for producing the monthly impairment charge and quarterly impairment forecasts. </li> <li>Tandems lending products include 1st and 2nd charge mortgages, Secured Motor loans and Home Improvement Loans.  </li> </ul> Your Impact: Building a greener tomorrow    <ul> <li>As a Credit Risk Manager at Tandem, your focus will be to support the Risk Measurement team to enhance credit risk models including ICAAP P2A stress testing models, impairment actuals and impairment forecasting models. This will include  </li> <li>Lead the development of impairment models reporting to ensure it meets best practice, policies and standards as appropriate. Enhancements to focus on impairment charge insights relating to actuals vs forecast variance drivers and drawing out variance drivers and feedback loop into front-end and back-end credit strategy.  </li> <li>Build out internal impairment related MI and support ad-hoc deep-dive analyses and requests from internal and external stakeholders.  </li> <li>Present impairment related MI and insights at relevant forums / working groups including impairment working groups, technical model working groups, and credit committee where appropriate.   </li> <li>Implement impairment modelling enhancements and take proposed modelling changes through Technical Model working group and credit committee governance. Where appropriate, support governance workstreams with other stakeholders including Internal Audit and Independent Model Validation partner.  </li> <li>Work with Data team to ensure delivery of Risk Measurement data requirements (for MI, credit risk models etc.). </li> <li>Support delivery of enhancement to ICAAP stress testing P2A and P2B models. Work with internal (Product teams) and external (Bureau) dependencies ensuring appropriate link is maintained across BAU forecast models and ICAAP stress testing modelling.  </li> <li>Develop effective relationships with internal stakeholders - includes Product, Operations, Finance and Compliance.  </li> <li>Work with external stakeholders including 3rd party consultancies and Bureau to ensure availability of appropriate data to deliver Risk Measurement team goals. </li> <li>Adapt communication style and approaches to articulate findings, business impacts and recommendations confidently and effectively, in particular, with respect to written and verbal communication at Heads of and Director level.   </li> <li>Deputise for Risk Measurement – Senior Manager on impairment related items where appropriate. </li> <li>Share best practices with Risk Measurement team and with wider Credit Risk team, with particular focus market leading practices on credit risk analytics, impairment, stress testing and insight reporting.   </li> </ul> We’d love to hear from you if you have:   <ul> <li>Education: Bachelor’s degree in maths / stats, finance, business, economics, or other quantitative related field.  </li> <li>Knowledge: a good knowledge of consumer credit risk management. </li> <li>Knowledge: good understanding of mortgage, personal loans and motor finance products. </li> <li>Experience of building scorecards, IFRS9 modelling and Stress Testing.  </li> <li>Computer skills: Proficiency in Microsoft Office, excellent programming skills (SAS, SQL, Excel), with working knowledge of R or Python.  </li> <li>Time management skills: good time management skills, the ability to effectively prioritize tasks, maintain timelines and manage/plan workloads effectively. </li> <li>Good communication skills, both written and verbal with experience of tailoring communication for different audiences.  </li> <li>Analytical mindset with the ability to use data to drive decision-making. </li> <li>Proactive and innovative approach to problem-solving. </li> </ul> It would be great, but not essential if you have:   <ul> <li>Previous experience of working in Fintech environment </li> <li>Deep Credit Risk subject matter experience, in particular on impairment, forecasting and ICAAP P2A / P2B stress testing.  </li> <li>Strong understanding of credit risk management principles on mortgages, personal loans, motor finance and Bridging.  </li> <li>Advanced working knowledge of R/Python. </li> <li>Knowledge of building / developing Economic Response Models (ERMs). </li> <li>Proven experience of working with Bureau data to build models / deep dive analyses.  </li> </ul> Rewards that reflect your value, what’s in it for you?    At Tandem, your hard work is rewarded in many ways, and we have an enhanced employee benefits package on offer from your very first day with us:    <ul> <li>25 days annual leave plus 8 days Bank Holiday   </li> <li>An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc </li> <li>Buy or sell up to 5 days holiday a year </li> <li>Healthcare cash plan through Westfield Health  </li> <li>Electric Vehicle salary sacrifice scheme    </li> <li>Cycle to Work salary sacrifice scheme and a free helmet   </li> <li>Salary sacrifice Pension contribution*, 4% employee contributions matched with 4% Tandem contribution (*Subject to salary eligibility) </li> <li>Smart Tech scheme (buy goods with 0% interest) </li> <li>10% discount on solar panels </li> <li>Tandem Hub for treats, cash back and discounts on UK retailers    </li> <li>2 days per year paid volunteering    </li> <li>Free cereal, snacks and drinks in all offices </li> <li>Quarterly team social budgets  </li> </ul> Our Green Deal: Your Impact Amplified  A little welcome gift from us to you, we’ll plant a tree in the Tandem Grove and you can enter into our “Green Deal” below:  <ul> <li>Volunteer 2 days a year for charity &gt; receive an early Friday finish  </li> <li>Raise £200 per annum for charity &gt; Tandem provide PR and marketing support  </li> <li>Have renewable energy at home &gt; receive an additional 1 day annual leave  </li> <li>Drive an electric car &gt; receive £500 towards a home charger  </li> </ul> Ready to make your mark?   Apply now and lets pave the way to a greener world, together. Our approach to DE&amp;I is reflected in our hiring process so please let us know if you require any reasonable adjustments.    Sourcing Model  Recruitment at Tandem works primarily on a direct sourcing model and does not accept resumes from recruitment agencies which are not on the preferred supplier list. We are not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. You can find our Applicant Privacy Policy on our Careers page.    Tandem is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company, and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable.   Please be aware that background checking (including credit, criminal records and CIFAS Internal Fraud Database Checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.

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