At a Glance
- Tasks: Lead credit risk strategies and analyse data to drive business growth.
- Company: NEXT, a leading retailer with a focus on innovation and customer satisfaction.
- Benefits: Enjoy discounts, bonuses, hybrid working, and access to health and wellbeing services.
- Other info: Join a supportive team with excellent career development opportunities.
- Why this job: Make a real impact in a fast-paced environment while developing your career.
- Qualifications: Experience in credit risk analysis and strong analytical skills required.
The predicted salary is between 60000 - 75000 € per year.
At NEXT, our brand is evolving and expanding on an immense scale. As a leading retailer, over 40% of our online customers shop using our own branded credit accounts. The Credit & Risk team manages this lending activity, which supports 3 million customers with £1.3B in outstandings. We use data-driven insights to optimise our customer proposition and business profit.
We are looking for an experienced professional to join us as a Lead Credit Risk Analyst. In this role, you will be at the heart of designing, testing, and implementing strategy changes that drive sustainable business growth.
What You Will Take On
- Lead Strategy Programmes: Own the day-to-day running of our Credit Limit management strategy programme to successfully optimise risk and growth.
- Drive Complex Analysis: Identify risks and opportunities in current processes by analysing multiple data sources and designing randomised control trials.
- Collaborate Across Business Functions: Serve as the subject matter expert on credit risk, working with multi-disciplinary teams to deliver commercial value while maintaining regulatory standards.
- Deliver Structured Recommendations: Build and present clear, data-backed insights to stakeholders to gain buy-in and implement meaningful change.
What You Will Bring
- Professional Experience: A proven background in a credit risk analytical role, specifically within consumer lending or financial services (such as banking or retail credit risk).
- Strategic Expertise: Solid experience building or influencing credit lending strategies. Familiarity with NPV modelling is highly advantageous.
- Technical Skills: Strong analytical capabilities with a track record of coding in SQL. Experience or familiarity with Databricks, Python, and PowerBI is beneficial.
- Communication: Exceptional verbal and written communication skills, with the ability to translate complex data into clear strategic recommendations.
- Mindset: A collaborative professional who thrives in a fast-paced environment and is motivated to build on success, learn from challenges, and push boundaries.
Hybrid working is on offer.
Benefits
- 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria's Secret* products (*when purchased through NEXT)
- Company performance based bonus
- Sharesave scheme
- On-site Nursery available; OFSTED outstanding in all areas
- 10% off most partner brands & up to 15% off Branded Beauty
- Early VIP access to sale stock
- Access to fantastic discounts at our Staff Shops
- Restaurants with great food at amazing prices
- Access a digital GP and other free health and wellbeing services
- Free on-site parking
- Financial Wellbeing - Save, track and enhance your financial wellbeing
- Apprenticeship - Grow and develop on the job whilst gaining a qualification
- Direct to Work - Discount online and instore, collect your items the next day for free from your place of work or local store
- Support Networks - Access to Network Groups to empower and celebrate each other
- Wellhub - Discounted flexible monthly gym memberships, with apps, PT sessions and more
Conditions apply to all benefits. These benefits are discretionary and subject to change. We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email headoffice_careers@next.co.uk (please include 'Workplace Adjustments' in the subject line), or call us on 0116 284 2486 and leave a voicemail.
Apply Before 31/05/2026
Lead Credit Risk Analyst employer: Next plc
At NEXT, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Lead Credit Risk Analyst, you will benefit from our hybrid working model, competitive bonuses, and extensive employee growth opportunities, including access to professional development programmes and a supportive network. With fantastic discounts, on-site amenities, and a commitment to employee wellbeing, NEXT is dedicated to creating a rewarding and fulfilling workplace for all team members.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Credit Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at NEXT on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by diving deep into credit risk strategies. Brush up on your SQL skills and be ready to discuss how you've used data to drive decisions in past roles. We want to see your analytical prowess!
✨Tip Number 3
Showcase your collaboration skills! Be ready to share examples of how you've worked with cross-functional teams. Highlighting your ability to communicate complex data clearly will set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining the NEXT team. Let’s get you that Lead Credit Risk Analyst role!
We think you need these skills to ace Lead Credit Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Credit Risk Analyst role. Highlight your experience in credit risk analysis and any relevant technical skills like SQL or Python. 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 credit risk and how you can contribute to our team. Keep it concise but impactful, and don’t forget to mention your strategic expertise.
Showcase Your Analytical Skills:In your application, be sure to showcase your analytical capabilities. Mention specific projects where you've used data to drive decisions or optimise processes. We love seeing real examples of how you've made an impact!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Next plc
✨Know Your Numbers
As a Lead Credit Risk Analyst, you'll be expected to handle complex data. Brush up on your SQL skills and be ready to discuss how you've used data analysis in past roles. Prepare specific examples of how your insights have driven business decisions.
✨Understand the Business
Familiarise yourself with NEXT's credit limit management strategy and recent changes in the retail credit landscape. Being able to discuss how your experience aligns with their current strategies will show that you're not just a fit for the role, but also genuinely interested in the company.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think about past challenges you've faced in credit risk analysis and how you overcame them. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Communicate Clearly
You’ll need to present data-backed insights to stakeholders, so practice explaining complex concepts in simple terms. Consider doing mock interviews with friends or colleagues to refine your communication style and ensure you can convey your ideas effectively.
