At a Glance
- Tasks: Analyse credit data to optimise customer propositions and business profits.
- Company: Join NEXT, one of the UK's leading retailers with a dynamic Credit and Risk team.
- Benefits: Competitive salary, hybrid working, and opportunities for career growth.
- Other info: Collaborate with a diverse team and develop your expertise in credit risk.
- Why this job: Make a real impact using data to solve complex business challenges.
- Qualifications: 1-2 years in analytics, strong problem-solving skills, and experience with SQL.
The predicted salary is between 29700 - 36300 £ per year.
At Next we have a great opportunity for an analyst to join our growing Credit and Risk team as a Credit Risk Analyst. NEXT is one of the biggest retailers in the UK, and over 40% of customers who shop online with us do so using one of our own branded credit accounts. The Credit and Risk team are responsible for analysing all aspects of this lending, which covers 3 million customers with a total of £1.3B outstandings, using data to drive insight on how we can optimise our customer proposition and business profit.
You’ll be at the heart of understanding our credit customers and designing, testing and implementing strategy changes to help support growing our business. This is a brilliant opportunity for someone who has experience in data analytics, or has worked in credit and risk before, has a real curiosity about solving business problems and is looking for the next step in their career in data analysis.
You’ll need to be the kind of person who enjoys getting stuck into complex problems, confidently analysing a range of data using industry standard tools (e.g. SQL, Python, Databricks, Excel, PowerBI) to deliver great products for our customers. If you’re excited about using data to drive real business impact, our Credit Risk Analyst role is a great place to develop your career within a growing business and well-known brand!
What You Will Take On
- Produce regular reporting and carry out ad hoc analyses.
- Comment on trends, adding value through contributing ideas and solutions to any problems or opportunities identified.
- Identify risks and opportunities in the current processes and rules through complex analysis, using multiple data sources.
- Collaborate with Senior Analysts within the team to deliver suitable lending strategies.
- Work towards becoming an expert on credit risk and data and representing the commercial value and regulatory aspects of lending activity.
- Build and present reporting and monitoring relating to credit risk at internal meetings where required.
What You Will Do
- You will have 1-2 years experience of working in an analyst position (ideally in consumer lending / financial services) and have a highly numerate/analytical background.
- Translate complex analysis into clear, concise and actionable insight, building a compelling story that helps stakeholders understand the key findings and make informed business decisions.
- You will be a natural problem solver and enjoy working logically.
- You will have an eye for detail and the drive to get under the skin of complex business challenges, joining the dots across multiple sources of insight.
- You will enjoy working with a diverse multi-discipline team to deliver results at pace.
- You will have experience of working with SQL. Familiarity with Databricks, Python and PowerBI are a bonus.
- You will have strong verbal and written communication skills, to most effectively present your insights and gain buy-in to implement change.
Credit Risk Analyst in Leicester employer: Next Careers
At NEXT, we pride ourselves on being an exceptional employer, offering a dynamic work environment at our DVP Warehouse in Rotherham. With a strong focus on employee development, we provide comprehensive training and ongoing support to ensure you thrive as an Operations Leader. Our culture promotes teamwork, safety, and performance excellence, making it a rewarding place to build your career while enjoying competitive pay and shift premiums.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst in Leicester
✨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 Next Careers. 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 Credit Risk Analyst in Leicester
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 Next Careers.
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 Next Careers'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 Next Careers
✨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 Next Careers.
✨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 Next Careers 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 Next Careers 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.
