Job Title: Arrears & Litigation Executive (Later Arrears)
Working Pattern: 36.25 hours per week with contractual hours stated as Monday to Saturday between 8am to 7pm (with a 45-minute lunch break). Saturday shifts take place on the last Saturday of each month, from 9:00 AM to 12:00 PM, and are worked remotely from home. Working rota to be shared by Line Manager.
Salary: £34,000 - £37,000.
Location: Remote with occasional travel into your local office.

At Tandem, we're not just a bank; we're a movement for positive change. If you're an ambitious and dedicated Arrears Executive ready to make an impact, we've got a space with your name on it!

This is a key role in ensuring that the fair treatment of customers is embedded within the Operations team whilst ensuring that fair customer outcomes are consistently delivered. The purpose of the role is to support the Operations Leaders by supporting customers in financial difficulty and later arrears for secured motor and mortgage loans and litigation whilst achieving departmental service levels. Upholding company standards and complying with all relevant Company and regulatory obligations (including adherence to FCA rules (including FCA MCOB and CONC rules).

We are Tandem - Where impact meets innovation

Tandem is the UK's 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 being Brave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future.

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.

This is a key role focused on managing later arrears cases for motor finance and mortgages, ensuring that the fair treatment of customers is embedded within the Operations team, and consistently delivering fair customer outcomes. The successful candidate will be required to have strong litigation experience on secured loans, including experience with motor finance repossessions, with a proven ability to manage complex cases, make sound decisions, prepare court documentation, and identify the most appropriate exit strategies for each case.

The purpose of the role is to support the Operations Leaders by handling customers in financial difficulty and arrears, while also achieving departmental service levels. The role involves upholding company standards and complying with all relevant Company and regulatory obligations, including adherence to FCA rules (such as FCA MCOB and CONC).

Your Impact: Building a greener tomorrow.

As an Arrears & Litigation Executive (Later Arrears) at Tandem, you will be responsible for:

Proactively service requests from our customers efficiently and professionally ensuring at you provide the customer with the information that they require.
Proactively manage all customer service-related inbound communication (via telephone, correspondence, email, portal) from customers and third parties as part of the servicing and arrears management of a range of mortgage and loan products.
Ensure regulatory transactional documentation is issued accurately and correctly in accordance with regulatory requirements (including regulatory arrears correspondence).
Identify situations that may require specialist handling (e.g. complaints, vulnerability, fraud) and refer these where appropriate.
Knowledge and practical application of handling customer complaints, to include identifying complaints, logging and investigating with an aim to putting a resolution in place.
Knowledge and practical application of dealing with vulnerable customers at first point of contact to ensure their specific needs are understood and they are treated with care and consideration.
Proactively manage accounts in arrears by completing outbound contact to establish the root cause of the customers payment difficulties and identify options to assist the customer in rehabilitating their mortgage or loan arrears.
Negotiate with customers and authorised third parties in financial difficulty regarding how to repay their arrears taking into consideration their individual personal circumstances.
Knowledge and practical application of completing Income and Expenditure assessments and deciding suitable forbearance options for the customer.
Knowledge and practical application of late arrears and litigation practices.
Ensure that all customer contact both written and verbal is conducted within Company standards, FCA regulations, Customer Complaint procedures and that the principles of TCF are upheld consistently with all customers.
Attain and maintain own competence to Group Training and Competence Framework demonstrated by ongoing adherence.
Proactively challenge existing processes and take ownership for implementing positive changes which are within own span of control.
Keep up to date with all Company/regulatory changes particularly those which affect own business area.
Actively contribute to the achievement of the Company Balance Scorecard objectives and demonstrating Company values in everything you do.
Adherence to and promotion of a culture of treating our customers fairly to deliver fair outcomes.

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

Previous experience in financial services (with relevant regulatory appreciation) with demonstrable success in customer service and arrears within a regulated lending environment.
Demonstrable experience of working accounts in mortgage and motor finance arrears including repossessions, applying arrears forbearance options and identification of customers that are vulnerable.
Demonstrable experience of working accounts in later arrears and up to and including litigation for motor finance and mortgages.
Demonstrable experience of collecting arrears for motor finance, mortgages and secured loans with knowledge of how own and team performance affects wider Company objectives.
Demonstrable knowledge of FCA rules (including MCOB and CONC rules), delivering fair outcomes to customers, CCA and GDPR regulations.
A working knowledge of customer services and arrears management in a regulated, lending environment.

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:

25 days annual leave plus 8 days Bank Holiday
1 celebration day off for your birthday or additional religious calendar event
Buy or sell up to 5 days holiday a year
Healthcare cash plan through Westfield Health worth a minimum of £750 per year
Electric Vehicle salary sacrifice scheme
Cycle to Work salary sacrifice scheme and a free helmet
Salary sacrifice Pension contribution*, 4% employee contributions matched with 4% Tandem contribution (*Subject to salary eligibility)
Smart Tech scheme (buy goods with 0% interest)
10% discount on solar panels
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

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:

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 mark?

Apply now and let's 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.

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 and criminal records checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.

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Arrears & Litigation Executive