At a Glance
- Tasks: Lead the design and implementation of credit risk strategies to drive business growth.
- Company: NEXT, a leading retailer with a focus on customer-centric credit solutions.
- Benefits: Enjoy discounts, bonuses, flexible working, and health perks.
- Other info: Hybrid working available with excellent career development opportunities.
- Why this job: Make a real impact in a fast-paced environment while shaping credit strategies.
- Qualifications: Experience in credit risk analysis and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ 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, supporting 3 million customers with £1.3 B 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.
Responsibilities- Own the day‑to‑day running of our Credit Limit management strategy programme to successfully optimise risk and growth.
- Identify risks and opportunities in current processes by analysing multiple data sources and designing randomised control trials.
- Serve as the subject‑matter expert on credit risk, working with multi‑disciplinary teams to deliver commercial value while maintaining regulatory standards.
- Build and present clear, data‑backed insights to stakeholders to gain buy‑in and implement meaningful change.
- A proven background in a credit risk analytical role, specifically within consumer lending or financial services (such as banking or retail credit risk).
- Solid experience building or influencing credit lending strategies; familiarity with NPV modelling is highly advantageous.
- Strong analytical capabilities with a track record of coding in SQL; experience or familiarity with Databricks, Python, and PowerBI is beneficial.
- Exceptional verbal and written communication skills, with the ability to translate complex data into clear strategic recommendations.
- A collaborative and motivated professional who thrives in a fast‑paced environment and is eager 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.
Lead Credit Risk Analyst in Leicester employer: Next
At NEXT, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Lead Credit Risk Analyst, you will enjoy a range of benefits including generous discounts, a performance-based bonus, and opportunities for professional growth through our apprenticeship programmes. Our hybrid working model and commitment to employee wellbeing ensure that you can thrive both personally and professionally in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Credit Risk Analyst in Leicester
✨Tip Number 1
Network like a pro! Reach out to current employees at NEXT on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨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 communication skills! Practice explaining complex data insights in simple terms. This will help you connect with stakeholders and demonstrate your ability to influence change effectively.
✨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, it shows you’re genuinely interested in joining the NEXT team.
We think you need these skills to ace Lead Credit Risk Analyst in Leicester
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 skills, like SQL coding or NPV modelling. 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. Be sure to mention specific examples of your past successes that relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical capabilities. Include any projects where you've used data-driven insights to influence business decisions. We love seeing how you can turn complex data into clear recommendations!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to upload your tailored CV and cover letter directly. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Next
✨Know Your Numbers
As a Lead Credit Risk Analyst, you'll be expected to handle data like a pro. Brush up on your SQL skills and be ready to discuss how you've used data to drive decisions in previous roles. Prepare specific examples of how your analytical insights have led to successful credit strategies.
✨Understand the Business
Familiarise yourself with NEXT's business model and how credit risk fits into it. Be prepared to discuss how you can optimise risk while driving growth. Show that you understand the balance between lending and profitability, and come armed with ideas on how to enhance their current strategies.
✨Communicate Clearly
You’ll need to present complex data in a way that stakeholders can easily understand. Practice explaining your past projects and findings in simple terms. Use visuals if possible, as they can help convey your points more effectively during the interview.
✨Show Your Collaborative Spirit
NEXT values teamwork, so be ready to share examples of how you've worked with cross-functional teams. Highlight your ability to collaborate with others to achieve common goals, especially in fast-paced environments. This will demonstrate that you're not just a numbers person, but also a team player.
