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 the future of lending while impacting millions positively.
- Qualifications: Experience in credit risk strategy and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ 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 in our New Lending Credit Strategy team, you’ll lead how we decision 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 — combining deep analytical work with people leadership to own all lending to new customers across one of the UK’s largest Credit Card portfolios.
What you’ll be doing- Lead and develop a small team of analysts, driving high performance and strong technical delivery
- Design and evolve new lending strategies across 6 credit card products, adapting to business priorities and market conditions
- Optimise credit decisioning 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 decisioning to unlock new opportunities
- Partner closely with teams across Commercial, Marketing, Data Science, Finance, Product, Fraud, Legal and Risk
- Support delivery of business targets through underwriting innovation and strategy development
- Strong background in credit risk / affordability strategy within consumer lending (cards or loans)
- Proven experience designing and optimising lending strategies
- Experience leading or mentoring analysts in a fast-paced environment
- Hands-on coding experience (using SQL and ideally Python)
- Strong analytical capability with the ability to turn data into commercial outcomes
- 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
- Familiarity with modelling techniques and working closely with data science teams.
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. This is an opportunity to:
- 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 decisioning
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 don’t 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. We work with Textio to make our job design and hiring inclusive.
Senior Manager, New Lending Credit Strategy, Cards employer: NewDay Ltd
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 based in London, you'll not only lead a talented group of analysts but also have the opportunity to shape impactful lending strategies that benefit millions. With a strong emphasis on employee growth, collaboration, and a commitment to diversity, NewDay offers a rewarding career path for those looking to make a meaningful difference in the financial landscape.
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 folks in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their values and goals, especially around credit strategy and customer outcomes.
✨Tip Number 3
Practice your storytelling skills! Be ready to share specific examples of how you’ve led teams or optimised strategies in the past. This will help you stand out as a strong candidate.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
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 is tailored 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 your leadership skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our mission at NewDay. Be sure to mention any innovative strategies you've implemented in the past that could benefit us.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight your hands-on coding experience and analytical capabilities. Share specific examples of how you've turned data into actionable insights in previous roles. We love numbers that tell a story!
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 directly and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at NewDay Ltd
✨Know Your Numbers
As a Senior Manager in New Lending Credit Strategy, you'll need to demonstrate your analytical skills. 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 collaborative mindset and how you challenge the status quo.
✨Understand Open Banking
Since the role involves expanding Open Banking strategies, make sure you understand its implications for lending. Be ready to discuss how you've integrated innovative approaches into decision-making processes and how they can unlock new opportunities for customer engagement.
✨Prepare for Cross-Functional Collaboration
You'll be partnering with various teams, so think about how you can effectively communicate complex ideas. Prepare examples of past experiences where you've worked with cross-functional teams and influenced senior stakeholders. This will show your ability to navigate diverse perspectives.
