NewDay

Impairment Reporting & Credit Insights

Hybrid role 50/50
Working at our iconic office in King’s Cross, London or Leeds and virtually via Microsoft Teams

Level: Analyst/Specialist
Reporting to: Senior Specialist, Impairment Reporting

Your new role At NewDay
Impairment Reporting & Insights Specialist is an exciting role in NewDay, responsible for supporting the production and reporting of monthly IFRS 9 P&L results in a timely manner, including analysis and explanation of key drivers.

You will be responsible for updating post model adjustment calculations and support reviews of their appropriateness and regularly update model parameters.

The role sits in a wider Credit and Impairment Insights function, partnering with the Impairment strategy and Finance functions.

In your first 0-12 months you’ll deliver
• Support the Head of the team in delivering and reporting informative, accurate and timely Impairment results, including supporting the monthly expected credit loss calculations.
• Refresh PMA calculations and model parameter updates on monthly and quarterly basis.
• Interrogation and manipulation of large data sets to interpret trends and drivers of Impairment.
• Regular reviews and assessment of Impairment opportunities delivering key initiatives for the P&L.
• Support of any data platform migrations and validations which impact ongoing Impairment reporting.

What you’ll bring

We need knowledge, experience + expertise in:

• Proficiency with Python/SQL/SAS/Microsoft office for data manipulation and analysis.
• A logical and methodical approach to solving problems and analysing results.
• Strong attention to detail to a high degree of accuracy.
• Ability to manage workload, anticipating challenges and adapting accordingly.

And would love you to know or learn:

• Well-developed documentation writing and presentation skills.
• An understanding of IFRS 9 model components and Impairment drivers.
• Experience in working with a credit card portfolio or unsecured loans

About NewDay
We help people move forward with credit, and help our colleagues to move their careers forward too.

We use our highly flexible, scalable, and multi-product digital credit engine to power over 120 million transactions every year. Our brands include Aqua, marbles, fluid and Bip. We partner with leading brands such as John Lewis, AO, Argos and DEKO.

Over 5 million UK customers are supported by our award-winning customer service.

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 age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. 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.

Our dynamic NewDay culture
We’re focused on what will drive impact in helping people move forward with credit. Our distinctive culture is geared to spark innovation and team working – with lots of open doors for development. Our customers can rely on us because we aim high, support each other, do the right thing and build for the future.

We invest in our colleagues. On top of a strong market competitive salary, you get a bonus opportunity that matches the impact (delivery + values) you drive in your role. We also help you retire better with market leading pensions.

At NewDay, #yourwellbeing matters: You get 26 days holiday and can buy up to 5 more after probation. Then you’ll get extra days as you build your career with us.

NewWork, our flexible, hybrid working approach, helps you to manage your work/life balance - and even bolt on work time in other countries before or after your holiday. And when you’re in the office, you get free healthy breakfast, fresh juices, lunch, barista coffee etc

Our tax efficient green car and cycle to work schemes save you money (and help the planet).
Ask your Talent Acquisition Partner to tell you more about any of our perks.

Let’s talk about this role – contact talent@newday.co.uk

We work with Textio to make our job design and hiring inclusive

We partner with Women in Data to support careers for women in tech and analytics

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