At a Glance
- Tasks: Lead a team to develop innovative lending strategies for credit cards.
- Company: Join NewDay, a leader in responsible lending solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on diversity and inclusion.
- Why this job: Shape lending strategies that impact millions while driving responsible growth.
- Qualifications: Experience in credit risk strategy and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ per year.
At NewDay, we’re building smarter, more responsible ways to lend — and this role sits right at the centre of it. As a Senior Manager on the New Lending Credit Strategy team, you’ll lead how we decide on new customers across our credit card portfolio. You’ll balance growth, risk, and customer outcomes, using data, insight, and innovation to shape strategies that perform. This is a hands‑on leadership role that combines deep analytical work with people leadership to own all lending to new customers across one of the UK’s largest Credit Card portfolios.
Key Responsibilities
- Lead and develop a small team of analysts, driving high performance and strong technical delivery.
- Design and evolve new lending strategies across six credit card products, adapting to business priorities and market conditions.
- Optimize credit decision‑making to balance customer outcomes, commercial performance, and risk appetite.
- Use data and analytics to generate insight, answer key business questions, and influence senior stakeholders.
- Expand and embed Open Banking strategies into decision‑making to unlock new opportunities.
- Partner closely with teams across Commercial, Marketing, Data Science, Finance, Product, Fraud, Legal, and Risk to support delivery of business targets through underwriting innovation and strategy development.
Core Experience
- Strong background in credit risk / affordability strategy within consumer lending (cards or loans).
- Proven experience designing and optimizing lending strategies.
- Experience leading or mentoring analysts in a fast‑paced environment.
Technical Skills
- Hands‑on coding experience (using SQL and ideally Python).
- Strong analytical capability with the ability to turn data into commercial outcomes.
- Familiarity with modelling techniques and working closely with data science teams.
What Sets You Apart
- Strategic mindset with the ability to influence decisions at senior level.
- Strong communicator who can simplify complex ideas clearly.
- Collaborative approach with the confidence to challenge and improve existing ways of working.
- Experience working with cross‑functional teams and presenting in decision‑making forums.
Why This Role Matters
You’ll play a key role in shaping how NewDay lends to new customers — influencing decisions that impact millions of people, while helping us grow responsibly. Opportunities include:
- Own high‑impact strategy end‑to‑end.
- Be the “face of cards” in key forums and discussions.
- Work at the intersection of data, risk, and commercial performance.
- Help scale innovative approaches like Open Banking across our decision‑making.
Equal Employment Opportunity
At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We do not discriminate on the basis of protected characteristics or identities. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process. Tell us if you need accommodations: We’ll put reasonable adjustments in place to support you.
Senior Manager, New Lending Credit Strategy, Cards in London employer: NewDay Cards Limited
At NewDay, we pride ourselves on fostering a dynamic and inclusive work environment where innovation meets responsibility. As a Senior Manager in our New Lending Credit Strategy team, you will not only lead a talented group of analysts but also have the opportunity to shape lending strategies that impact millions. With a strong emphasis on employee growth, collaboration across diverse teams, and a commitment to diversity and inclusion, NewDay is an exceptional employer for those seeking meaningful and rewarding careers in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, New Lending Credit Strategy, Cards in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at NewDay. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into NewDay's values and recent projects. Show us you’re not just another candidate; demonstrate how your experience aligns with our mission of responsible lending.
✨Tip Number 3
Practice your storytelling skills! We love hearing about your past experiences, so frame them in a way that highlights your strategic mindset and analytical prowess. Make it relatable and engaging!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re genuinely interested in being part of our team.
We think you need these skills to ace Senior Manager, New Lending Credit Strategy, Cards in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Manager in New Lending Credit Strategy. Highlight your experience in credit risk and lending strategies, and don’t forget to showcase any hands-on coding skills you have with SQL or Python!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about responsible lending and how your strategic mindset can influence decisions at a senior level. Keep it concise but impactful!
Showcase Your Leadership Skills:Since this role involves leading a team, make sure to highlight your experience in mentoring analysts and driving high performance. Share specific examples of how you've successfully led teams in fast-paced environments.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at NewDay Cards Limited
✨Know Your Numbers
As a Senior Manager in New Lending Credit Strategy, you'll need to demonstrate your analytical prowess. Brush up on key metrics related to credit risk and lending strategies. Be ready to discuss how you've used data to influence decisions in previous roles.
✨Showcase Your Leadership Style
This role involves leading a team of analysts, so be prepared to talk about your leadership approach. Share specific examples of how you've mentored others and driven high performance in a fast-paced environment. Highlight your ability to balance technical delivery with people management.
✨Understand Open Banking
Since the role involves expanding Open Banking strategies, make sure you understand its implications for lending. Familiarise yourself with how Open Banking can unlock new opportunities and be ready to discuss innovative approaches you've implemented or considered in the past.
✨Collaborate and Communicate
You'll be working closely with various teams, so emphasise your collaborative skills. Prepare to share examples of how you've successfully partnered with cross-functional teams and simplified complex ideas for senior stakeholders. Strong communication is key!
