Job Title: Prudential Risk Oversight Consultant (FTC)
Working Pattern: Fixed-Term Contract, approximately November 2024 to June 2025. We’re open to considering a 6 or 9 month arrangement for the right candidate. Standard working hours are Monday to Friday, 36.25 hours per week, though we’re happy to discuss part-time arrangements such as a 3 or 4 day working week.
Salary: Up to £130,000 per annum (full-time equivalent), pro-rated based on the agreed contract duration and working hours
Location: Flexible – Embrace fully UK remote or hybrid work from any of our vibrant UK offices in London, Cardiff, Durham or Blackpool.

YOUR TEAM: COLLABORATORS IN CHANGE

Tandem 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.
We are seeking a highly skilled Prudential Risk Oversight Consultant to join our Second Line Risk & Compliance Function, supporting the Director of Prudential Risk in a 3-person specialist team. This role offers a unique opportunity to influence the Bank’s approach to key prudential risk areas, including capital, liquidity, funding, IRRBB, wholesale credit risk, climate risk, and regulatory reporting.
You will be expected to bring deep subject matter expertise, operate with a high degree of autonomy, and work proactively across teams including Finance, Treasury, and Credit Risk, providing robust second line oversight and technical challenge.

ESSENTIAL EXPERIENCE & SKILLS

• Experience of prudential risk experience in banking, consulting, or regulation (e.g., PRA).
• Strong working knowledge of UK prudential regulation (PRA Rulebook, UK CRR, PRA SSs).
• Proven experience in ICAAP development or oversight, with a particular focus on Pillar 2A Credit Risk and Pillar 2B.
• Strong stakeholder management and communication skills – able to explain technical risk concepts to senior and non-technical audiences.
• Comfortable providing credible challenge and advice at all levels of the organisation.
• Strong organisational skills; able to work independently and manage multiple deadlines.

DESIRABLE SKILLS & EXPERIENCE

• Prior experience conducting independent assurance reviews as an external party or within second or third line functions.
• Understanding of PRA/FCA regulatory reporting processes (e.g., COREP, LCR, PRA110).
• Experience in ILAAP oversight and liquidity risk management frameworks.
• Exposure to project management, ideally within regulatory change or transformation programmes.
• Proficiency in Excel and/or SQL for data analysis and model review.
• Familiarity with banking products offered by specialist / growing UK banks, including secured and unsecured retail lending.
  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. The benefits outlined below are based on a full-time position and will be prorated accordingly to reflect the terms of the fixed-term contract.

• 25 days annual leave plus 8 days Bank Holiday
• An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc
• Buy or sell up to 5 days holiday a year
• Salary sacrifice Pension contribution, 4% employee contributions matched with 4% Tandem contribution (Subject to salary eligibility)
• Smart Tech scheme (buy goods with 0% interest)
• Tandem Hub for treats, cash back and discounts on UK retailers
• 2 days per year paid volunteering
• Free cereal, snacks and drinks in all offices
• Quarterly team social budgets