Head of Savings

Job Description

Job Title: Head of SavingsWorking Pattern: Monday to Friday (09:00-17:00)Salary: £65-80k and up to 30% bonus and benefitsLocation: Flexible – Embrace fully remote or hybrid work from any of our vibrant UK offices in London, Cardiff, Durham, Manchester, or Blackpool. Occasional travel will be required.At Tandem, were not just a bank; were a movement for positive change. If youre an ambitious and dedicated savings professional, ready to make an impact, weve got a space with your name on it!The main purpose of the role is to set and deliver the balance sheet and margin targets for our rapidly growing savings portfolio. We are looking for an innovative, curious leader to help us bring to market the propositions that help our customers achievetheir savings goals.We are Tandem - Where impact meets innovationTandem 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 banking apps, our values of beingBrave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future.We also have an app called Loop. Sister brand to Tandem, Loop gives our customers a unique way to borrow, lend or send money between friends.Your team: Collaborators in changeTandem is proud to offer a workplace with diverse experiences, perspectives, and backgrounds which leads to a unique company culture for our people and a better experience for our customers.As part of the commercially focused savings team within Tandem, our purpose is work closely with Digital and Treasury functions to develop the capability to sustainably grow the savings portfolio. This includes both actively managing our pricing and performancewhilst also working on expanding our product set and proposition.Your Impact: Building a greener tomorrowAs Head of Savings at Tandem your focus will be on:

• Embedding a performance focused pricing capability for the savings product range
• Coordinating customer behaviour analysis, to inform proposition development, marketing activity and outflow analysis within the ILAAP
• Supporting innovation in product, process and proposition design that is based on meeting customer needs and aligned with the strategy of becoming a greener and fairer bank
• Working with stakeholders across the bank to ensure that all activity is delivered in a way that matches our culture and risk appetite
• Managing relationships with a number of external partners

We’d love to hear from you if you are:

• Highly numerate, with experience of price setting in financial services (ideally savings)
• Customer focused, with an understanding of customer segmentation and behaviour analysis
• Able to set strategy and translate it into tactical action
• Innovative, with experience of bringing simple solutions to complex problems
• Delivery oriented, matching pragmatism with stakeholder management skills
• Able to demonstrate sound judgement and business instinct with a desire to challenge traditional thinking

It would be great, but not essential if you have:

• Experience of bringing new products, channels or features to market (ideally savings)
• Awareness of the ILAAP, specifically retail risk, franchise risk and growth risk
• Detailed understanding of Funds Transfer Pricing and Interest Rate Risk management
• Experience managing relationships with deposit taking platforms
• An entrepreneurial approach with an ability to operate both at a strategic level and to be hands on

Rewards that reflect your value, what’s in it for youAt 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:

• 25 days annual leave plus 8 days Bank Holiday
• Buy or sell up to 5 days holiday a year
• 1 celebration day off for your birthday or additional religious calendar event
• Electric Vehicle scheme
• Cycle to Work scheme and a free helmet
• Tandem Hub for treats, cash back and discounts on UK retailers
• Pension contribution matched up to 4%
• 2 days per year paid volunteering
• Free cereal, snacks and drinks in all offices
• Smart Tech scheme (buy goods with 0% interest)
• 10% discount on solar panels
• Quarterly team social budgets
• Healthcare plan through Westfield Health
• Free flu jabs

Our Green Deal: Your Impact AmplifiedA 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:

• Volunteer 2 days a year for charity > receive an early Friday finish
• Raise £200 per annum for charity > Tandem provide PR and marketing support
• Have renewable energy at home > receive an additional 1 day annual leave
• Drive an electric car > receive £500 towards a home charger

Ready to make your markApply now and lets pave the way to a greener world, together. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments.Don’t meet all the requirements Don’t fret! We highly appreciate your unique experience and encourage you to apply for our Expressions of interest vacancy on our Careers site.Sourcing Model Recruitment at Tandem works primarily on a direct sourcing model and does not a