At a Glance
- Tasks: Analyse and optimise lending portfolios to drive profitability and support strategic decisions.
- Company: Join NewDay, a forward-thinking company focused on product performance and innovation.
- Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace with a focus on personal and professional development.
- Why this job: Make a real impact by using data to influence lending strategies and product performance.
- Qualifications: Strong analytical skills, experience with SQL/Excel, and a collaborative mindset.
The predicted salary is between 50000 - 60000 £ per year.
This is a high-impact opportunity to work at the centre of product performance and commercial decision‑making. You’ll play a key role in analysing and optimising lending portfolios, using data to uncover insights, support strategy, and contribute to improving profitability across a growing suite of products and partnerships.
How you’ll contribute
- Monitor, interpret and optimise the performance and profitability of new accounts acquired across our range of lending products, including our new embedded finance product for Argos.
- You’ll become an SME on product performance and lifetime valuations, inspiring change within the organisation by crafting the data environment and analytical tools to explain performance.
- This involves spotting opportunities for optimisation, articulating the problem to the business, and driving your own recommendations to delivery.
- Support the build and roll‑out of new lending strategies by identifying patterns in data and translating them into clear, actionable insights for our NewDay brands and merchant portfolios, including JohnLewis.
- Produce, maintain and analyse performance curves within valuation models at product, cohort and segment level, using them to assess the net present value of lending cohorts and identify key drivers of performance and optimisation opportunities.
- Work cross‑functionally with enterprise partnerships and acquisition teams to build a shared understanding of product performance, helping surface insights and drive better optimisation decisions across NewDay and our retail partners, delivering strategic initiative projects and full delivery in a timely manner with the appropriate quality, control & commercial impact.
Required skills & qualifications
- Strong quantitative analytical skills combined with knowledge of SQL/Excel and the ability to manipulate complex data to generate insights and recommendations.
- Strong numeric and critical‑thinking skills and the ability to evaluate commercial and customer impact from pricing and strategic changes.
- Ability to present findings and analysis in a structured way, particularly when addressing a non‑expert audience.
- Collaborative operating style with an ability and mindset to get involved and support wider team objectives.
- Experience using Python and visual analytics tools such as Tableau or Power BI.
Preferred additional skills
- Experience working on or with consumer lending products (cards, embedded finance, loans, mortgages) and the regulatory environment they operate in.
- Previous P&L exposure and familiarity reviewing financial performance.
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 do not discriminate on the basis of protected characteristics or identities. If you need accommodations, we will put reasonable adjustments in place to support you.
Specialist, New Account Profitability & Analytics in London employer: NewDay Cards Limited
At NewDay, we pride ourselves on being an exceptional employer that fosters a vibrant and inclusive work culture. As a Specialist in New Account Profitability & Analytics, you will have the opportunity to make a significant impact on our lending strategies while benefiting from a collaborative environment that encourages professional growth and development. Located at the heart of commercial decision-making, we offer unique advantages such as access to cutting-edge analytical tools and the chance to work with renowned retail partners like John Lewis, ensuring your contributions are both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist, New Account Profitability & Analytics in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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We think you need these skills to ace Specialist, New Account Profitability & Analytics in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NewDay Cards Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NewDay Cards Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NewDay Cards Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NewDay Cards Limited.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NewDay Cards Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NewDay Cards Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
