At a Glance
- Tasks: Lead the design and implementation of credit risk strategies for sustainable growth.
- Company: NEXT, a leading retailer with a focus on data-driven insights.
- Benefits: 25% off products, performance 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 driving business success.
- 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 Strategist - Data-Driven Growth in Leicester employer: Next
At NEXT, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our Lead Credit Risk Strategist role not only provides the opportunity to influence significant business growth through data-driven insights but also comes with a range of benefits including generous discounts, a supportive environment for professional development, and hybrid working options. With access to outstanding on-site facilities and a commitment to employee wellbeing, NEXT is dedicated to nurturing talent and ensuring a rewarding career journey.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Credit Risk Strategist - Data-Driven Growth in Leicester
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to credit risk. Use data-driven examples from your past experiences to showcase your skills and how you can contribute to NEXT's growth.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications through our website. A quick email or message can show your enthusiasm and keep you on the radar of hiring managers.
✨Tip Number 4
Showcase your analytical skills! Prepare a portfolio of your work that highlights your experience with SQL, Python, and any relevant projects. This will help you stand out as a candidate who can deliver data-backed insights.
We think you need these skills to ace Lead Credit Risk Strategist - Data-Driven Growth in Leicester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Credit Risk Strategist role. Highlight your experience in credit risk analysis and any relevant data-driven projects you've worked on. We want to see how your skills align with our needs!
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 strategies or insights you've implemented in the past.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to showcase your analytical capabilities. Mention your experience with SQL, Python, or any other tools you've used to derive insights from data. We love seeing those skills in action!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at NEXT!
How to prepare for a job interview at Next
✨Know Your Data Inside Out
As a Lead Credit Risk Strategist, you'll be expected to have a solid grasp of data analysis. Brush up on your SQL skills and be ready to discuss how you've used data to influence credit lending strategies in the past. Prepare examples that showcase your analytical capabilities and how they’ve led to successful outcomes.
✨Master the Art of Communication
You’ll need to present complex data insights clearly to stakeholders. Practice explaining your previous projects in simple terms, focusing on the impact of your work. Think about how you can translate technical jargon into strategic recommendations that resonate with non-technical audiences.
✨Showcase Your Collaborative Spirit
This role involves working with multi-disciplinary teams, so be prepared to discuss your experience in collaboration. Share specific examples of how you’ve worked with others to drive change and deliver commercial value while maintaining regulatory standards. Highlight your ability to thrive in a fast-paced environment.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and risk management strategies. Think through potential scenarios related to credit limit management and be ready to outline your approach to identifying risks and opportunities. This will demonstrate your proactive mindset and strategic thinking.
