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: Inclusive culture, career growth, and the chance to influence millions.
- Other info: Collaborative environment with opportunities to work across various teams.
- Why this job: Shape the future of lending while balancing growth and customer outcomes.
- 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 employer: NewDay Cards Limited
At NewDay, we pride ourselves on fostering a dynamic and inclusive work environment where innovation thrives. As a Senior Manager in our New Lending Credit Strategy team, you'll 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, and a commitment to diversity, NewDay offers a rewarding career path in one of the UK's largest credit card portfolios.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, New Lending Credit Strategy, Cards
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at NewDay. A friendly chat can open doors that a CV 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 your passion for responsible lending and innovation.
✨Tip Number 3
Practice your storytelling skills. When discussing your experience, frame it in a way that highlights your strategic mindset and how you've influenced decisions in past roles.
✨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, we love seeing candidates who take that extra step.
We think you need these skills to ace Senior Manager, New Lending Credit Strategy, Cards
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Senior Manager role. Highlight your background in credit risk and any hands-on coding experience you have, as these are key for us.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about lending strategies and how your strategic mindset can influence decisions. Be sure to mention any collaborative projects you've led or been part of.
Showcase Your Analytical Skills:Since this role involves deep analytical work, provide examples of how you've used data to drive commercial outcomes. We want to see your ability to turn insights into action, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at NewDay!
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 developed talent and driven high performance in a fast-paced environment. Highlight your ability to mentor and inspire others.
✨Understand Open Banking
Since the role involves embedding 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.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice simplifying complex ideas and presenting them clearly. Think about how you can convey your strategic mindset and influence senior stakeholders effectively during the interview.
