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 lending strategies that impact millions while driving responsible growth.
- 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 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.
What we’re looking for
Core experience
- 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.
Technical skills
- Hands-on coding experience (using SQL and ideally Python).
- Strong analytical capability with the ability to turn data into commercial outcomes.
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.
- Familiarity with modelling techniques and working closely with data science teams.
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. 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 in London employer: NewDay
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 will 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 across diverse teams, and a commitment to responsible lending, NewDay is an exceptional employer for those seeking meaningful and rewarding careers in the heart of the UK's financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, New Lending Credit Strategy, Cards in London
✨Tip Number 1
Network like a pro! Reach out to people 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 interviews by diving deep into NewDay's values and recent projects. Show us how your experience aligns with our mission to lend smarter and more responsibly.
✨Tip Number 3
Practice your storytelling skills! We love hearing about your past experiences, so frame them in a way that highlights your impact and how you’ve driven results in previous 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, and we’re excited to see what you bring to the table.
We think you need these skills to ace Senior Manager, New Lending Credit Strategy, Cards in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role. Highlight your experience in credit risk and lending strategies, and don’t forget to showcase any hands-on coding skills you have. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about lending and how your strategic mindset can influence decisions at a senior level. Keep it engaging and relevant to the role — we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of data and analytics, make sure to highlight specific examples where you’ve turned data into actionable insights. We’re keen to see how you’ve used your analytical capabilities to drive commercial outcomes in the past.
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 and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at NewDay
✨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 affordability 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 examples of how you've driven high performance and supported your team in a fast-paced environment. Highlight any mentoring experiences you have.
✨Understand Open Banking
Since the role involves embedding Open Banking strategies, make sure you understand its implications for lending. Be ready to discuss how you've leveraged innovative approaches in your past work and how they can unlock new opportunities for NewDay.
✨Communicate Clearly
Strong communication is key in this role. Practice simplifying complex ideas and presenting them clearly. Think about how you can convey your strategic mindset and collaborative approach during the interview, especially when discussing cross-functional teamwork.
