At a Glance
- Tasks: Analyse data to forecast credit risks and support business change initiatives.
- Company: Join NewDay, a diverse and inclusive financial services company.
- Benefits: Gain valuable experience in a dynamic environment with opportunities for growth.
- Why this job: Make an impact by driving insights that shape the future of credit risk management.
- Qualifications: Strong analytical skills and proficiency in Python/SQL/SAS required.
- Other info: 12-month contract with a focus on collaboration and innovation.
The predicted salary is between 36000 - 60000 £ per year.
We’re looking for an analytically minded professional to join NewDay on a 12-month contract, focused on understanding how portfolio risk and asset quality evolve across the customer lifecycle. Sitting within the Credit and Impairment function, the role delivers insight into cash impairment, emerging risks, and performance trends, using large datasets to inform decision-making. You’ll partner closely with Credit, Collections, Finance, and wider teams, supporting MI, forecasting, and key change initiatives including data migrations and reporting transformation.
What you will be doing
- Responsible for following established guidelines and identifying and resolving problems using independence of thought.
- Identify opportunities for process efficiencies and contribute to workflow/process change redesign, forming a good understanding of the specific product or process.
- Create and drive new asset quality insights to help the business assess the ‘changing shape of Risk’, taking account of current and future internal and external macro economic or strategy changes to help advise on both emerging risks and opportunities focused on cash Impairment.
- Provide insight/set expectations through targeted analysis, forecasting, and development of regular MI.
- Interrogation and manipulation of large data sets to interpret trends and KPIs.
- Support business change from design to delivery, working closely with colleagues from the wider business to establish effective process design and implementation standards.
- Drive regular reviews and assessment of Cash Impairment opportunities delivering key initiatives focused particularly on collections.
- Champion any data platform migrations and validations which impact ongoing credit reporting.
Your Skills and Experience
Essential
- University level or similar with highly numerate and analytical background.
- Proficiency with Python/SQL/SAS for data manipulation and analysis.
- Advanced Microsoft packages Excel & PowerPoint.
- Analytical and problem-solving skills.
- Experience in data visualisation and communication.
Desirable
- Experience working in a Credit risk environment / data analytics.
- Experience within a regulated financial services organisation.
- Ability to present sophisticated findings clearly, adapting the level of detail to the audience.
- Clear, logical, and analytical approach to problem solving.
- Attention to detail and accuracy focused.
- Strong statistical background.
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.
Senior Specialist, Credit Forecasting, Insights & Reporting - 12-month FTC employer: NewDay Ltd
Contact Detail:
NewDay Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Specialist, Credit Forecasting, Insights & Reporting - 12-month FTC
✨Tip Number 1
Network like a pro! Reach out to folks 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 the interview by diving deep into credit forecasting and data analysis trends. Show us you know your stuff and can bring fresh ideas to the table!
✨Tip Number 3
Practice your storytelling skills. When discussing your experience, frame it in a way that highlights how you've tackled challenges and delivered results—especially with data!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Senior Specialist, Credit Forecasting, Insights & Reporting - 12-month FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your analytical background and any relevant experience with data manipulation using Python, SQL, or SAS. 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 the perfect fit for the Senior Analyst role. Share specific examples of how you've tackled similar challenges in the past and how you can contribute to our insights and reporting efforts.
Showcase Your Analytical Skills: Since this role is all about understanding portfolio risk and asset quality, make sure to include examples of your analytical and problem-solving skills. Whether it's through data visualisation or interpreting trends, we want to see how you approach complex data sets.
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 the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at NewDay Ltd
✨Know Your Numbers
As a Senior Specialist in Credit Forecasting, you'll be dealing with large datasets. Brush up on your analytical skills and be ready to discuss how you've used Python, SQL, or SAS in past roles. Prepare specific examples of how your data manipulation led to actionable insights.
✨Understand the Business Landscape
Familiarise yourself with the current trends in credit risk and asset quality. Be prepared to discuss how macroeconomic factors can impact cash impairment. Showing that you understand the bigger picture will impress your interviewers.
✨Process Improvement Mindset
The role involves identifying opportunities for process efficiencies. Think of examples where you've successfully redesigned workflows or improved processes in previous positions. Highlight your independence of thought and problem-solving skills during the interview.
✨Communicate Clearly
You’ll need to present complex findings to various stakeholders. Practice explaining your analytical results in simple terms. Tailor your communication style to your audience, whether they are technical or non-technical, to demonstrate your adaptability.