At a Glance
- Tasks: Lead the affordability strategy for customer lending and enhance automated monitoring systems.
- Company: Dynamic financial services company focused on innovation and customer satisfaction.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Join a collaborative team in a fast-paced, agile environment.
- Why this job: Shape the future of lending with cutting-edge strategies and make a real difference.
- Qualifications: Degree-level education, strong analytical skills, and coding experience in Python or SQL.
The predicted salary is between 58500 - 71500 £ per year.
What you’ll deliver:
- Help deliver our newest iteration of affordability strategy for the customer lending team making use of the latest products as the owner of affordability decisions across NewDay.
- Close review of the newly implemented Open Banking journey across all our lending strategies to understand benefits and development areas.
- Development of a full suite of automated affordability-based monitoring.
- Review of affordability-based models ensuring they remain fit for purpose.
- Ensuring all affordability based complaints are promptly responded to in line with our automated process in support of the complaints team.
Skills and Experience:
- Essential:
- University degree level or equivalent experience with highly numerate and analytical background.
- A strategic problem solver; highly intellectual with commercial competence.
- High level of self-motivation and working to the highest standard within agreed timelines.
- Strong coding experience (Preferably Python or SQL), proficient with all Microsoft Office products as well as experience in Tableau or Power BI tools.
- Desirable:
- Experience of Open Banking or Affordability assessments.
- Experience of lending within a Credit Card portfolio.
- Accepts and responds positively within an agile environment with changing priorities.
Location: London
Type: Full time
Senior Manager - Affordability Strategy in London employer: NewDay
NewDay is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters innovation and collaboration. With a strong emphasis on employee growth, we provide ample opportunities for professional development and skill enhancement, particularly in the field of analytics. Our hybrid work environment ensures flexibility, allowing you to balance your personal and professional life while contributing to meaningful projects that drive profitability and strategic success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Affordability Strategy 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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NewDay. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Manager - Affordability Strategy 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.
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'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
✨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.
✨Prepare for Case Studies
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 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 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.
