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- Tasks: Drive growth by managing partner relationships and optimising commercial initiatives.
- Company: Join Lendable, a leading tech company in the financial services sector.
- Benefits: Enjoy competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make a real impact in a high-visibility role with significant autonomy.
- Qualifications: 2-3 years in commercial roles; strong analytical and communication skills required.
- Other info: Collaborative environment with clear paths for career advancement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
We're looking for a strategic, data-driven Commercial Associate to join the Growth team at Lendable. Focused on our Personal Loans and Credit Card businesses, you'll play a critical role in managing and optimising our commercial partner relationships with price comparison websites and whitelabel partners driving growth by maximising partner performance. You'll have significant autonomy and ownership to manage day-to-day commercial and product initiatives as well as partner relationships, and collaborate cross-functionally with Product, Data, and Credit teams.
This is a high-impact, highly-visible role. You'll be combining rigorous data analysis with relationship management to deliver tangible results. You'll be embedded within the growth team and will work closely with different teams at Lendable while being trusted to drive growth initiatives and handle your own projects independently.
Team objectives- Responsible for the growth of all lending products, delivering projects via our price comparison site partnerships or directly into the market.
- Answer questions such as where new customers are, what can be improved with current channels, competitor activity on marketplaces, risk of negative selection, and next innovations.
- Manage comparison site partner onboarding, analysis and improvement, optimising them for volume, cost and credit quality as volumes ramp up.
- Manage partner relationships across strategic and dayâtoâday activity, to sustainably grow lending volumes, balancing focus on large strategic partners with incubating new ideas.
- Prepare analyses, pulling out the most important insights to ensure good decisions with partnerships.
- Triage ideas and strategies, focusing efforts on key growth levers.
- Negotiate customer acquisition costs and commissions with key partners, identifying cost optimisations.
- Own full responsibility for strategy and execution of specific partner projects, marketing efforts or product enhancements that deliver business growth.
- 2-3+ years in a commercial, consultancy, partnerships, business development, or account management role; ideally within financial services or highâgrowth tech.
- Success in managing, growing, and optimising commercial relationships, contract negotiation, and tangible results.
- Highly numerate and analytical; proficient in data, Excel, commercial modelling; SQL or similar tools a plus.
- Strong communicator, able to represent Lendable externally and build trusted relationships internally and externally.
- Outcomeâdriven and proactive: prioritising, independently driving projects, managing work to deliver highâvalue results.
- Comfortable contributing to a collaborative team, thriving where individual performance is directly visible.
- Formed strong working relationships with all key partners, engaging daily.
- Identified 2-3 actionable ideas for product, funnel conversion, quality or cost improvement with partners.
- Ownership of the customer acquisition funnel at partner level, identifying funnel dynamics and sharing insights with Credit and Product teams.
- Assessed new partnership opportunities on a regular basis, acting on those that deliver value.
- First line ownership of due diligence checks and ongoing compliance monitoring of partners through dedicated diligence exercises and mystery shopping.
Employment type Fullâtime
Job function Marketing
Commercial Partnerships Associate in London employer: Lendable
Contact Detail:
Lendable Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Commercial Partnerships Associate in London
â¨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Lendable or similar companies. Use LinkedIn to connect and engage with them; you never know who might have a lead on your dream job.
â¨Tip Number 2
Prepare for interviews by researching common questions for Commercial Partnerships roles. Practice your answers, focusing on your experience with data analysis and relationship management. We want you to shine!
â¨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in past roles. This will demonstrate your fit for the data-driven approach Lendable is looking for.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen. Plus, it shows youâre genuinely interested in being part of our team at StudySmarter.
We think you need these skills to ace Commercial Partnerships Associate in London
Some tips for your application đŤĄ
Show Your Analytical Skills: Since the role is all about data-driven decision-making, make sure to highlight your analytical skills in your application. Share specific examples of how you've used data to drive results in previous roles.
Tailor Your Application: Donât just send a generic CV and cover letter. Tailor your application to reflect the key responsibilities and skills mentioned in the job description. We want to see how you fit into our team and what unique insights you can bring.
Highlight Relationship Management Experience: This role involves managing partner relationships, so be sure to showcase any relevant experience you have in building and maintaining professional relationships. Tell us about times youâve successfully negotiated or collaborated with partners.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you donât miss out on any important updates from us!
How to prepare for a job interview at Lendable
â¨Know Your Numbers
As a Commercial Partnerships Associate, you'll need to be highly numerate and analytical. Brush up on your data analysis skills and be prepared to discuss how you've used data to drive decisions in previous roles. Bring examples of commercial modelling or insights you've derived from data.
â¨Showcase Relationship Management Skills
This role involves managing and optimising partner relationships, so be ready to share specific examples of how you've successfully built and maintained partnerships. Highlight your negotiation skills and any tangible results you've achieved through these relationships.
â¨Demonstrate Proactivity
Lendable is looking for someone who is outcome-driven and proactive. Prepare to discuss instances where you've independently driven projects or initiatives that led to significant results. Show them that you can prioritise effectively and manage your workload efficiently.
â¨Understand the Market Landscape
Familiarise yourself with the personal loans and credit card markets, as well as competitor activities. Be ready to discuss current trends and how they might impact Lendable's growth strategy. This will show your genuine interest in the role and the company.