At NewDay, we help millions of people move forward with credit. As one of the UK's leading providers of consumer credit, we're constantly using data, technology and insight to make smarter decisions for our customers and our business.
As a Specialist, Impairment Reporting, you'll play a key role in delivering our monthly IFRS 9 impairment reporting, providing valuable insight into portfolio performance and the drivers of expected credit losses. Working across Credit Risk, Collections and Finance, you'll help ensure our impairment calculations are accurate, robust and well understood, while supporting strategic decision-making across the business.
How you'll contribute
Own the monthly IFRS 9 impairment reporting process, delivering accurate expected credit loss (ECL) results and providing insight into key performance drivers.
Partner with stakeholders across Credit Risk, Finance and Collections to understand portfolio performance, explain impairment movements and support business decision-making.
Assess the impact of lending, customer management and collections strategies on impairment outcomes, identifying emerging risks and trends.
Support the ongoing enhancement of impairment reporting, including PMAs, model parameter updates, validations and business change initiatives.
Use Python, SQL and data-led analysis to challenge results, generate meaningful insights and provide visibility to senior stakeholders across the business.
We're looking for these essential skills
Experience in IFRS 9 impairment reporting, ECL forecasting, credit risk analytics or a related discipline.
Strong analytical skills with experience using Python and SQL to interrogate data, solve problems and generate insight.
Understanding of impairment drivers, risk trends and portfolio performance within lending businesses.
Ability to communicate complex analysis clearly and confidently to a range of stakeholders, including senior leaders.
Organised and proactive approach, with the ability to manage multiple priorities in a fast-paced environment.
It's a plus if you also have these skills
Experience with PMAs, IFRS 9 models or impairment methodology.
Exposure to credit cards, consumer finance or other unsecured lending products.
Experience using Power BI and presenting insights to senior leadership audiences.
Externally, this role could be known as IFRS 9 Analyst, Impairment Analyst, Impairment Reporting Analyst, Credit Risk Analyst (IFRS 9), ECL Analyst, Provisioning Analyst, Credit Risk Reporting Analyst, IFRS 9 Reporting Analyst, Risk Analytics Analyst or Forecasting & Impairment Analyst.
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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 protected characteristics or identities. 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.
We work with Textio to make our job design and hiring inclusive.
PermanentSkills Required
- Experience in IFRS 9 impairment reporting, expected credit loss forecasting, credit risk analytics, or a related discipline
- Strong analytical skills using Python and SQL to interrogate data, solve problems, and generate insights
- Understanding of impairment drivers, risk trends, and portfolio performance within lending businesses
- Ability to communicate complex analysis clearly and confidently to stakeholders, including senior leaders
- Organized and proactive approach with the ability to manage multiple priorities in a fast-paced environment
- Experience with PMAs, IFRS 9 models, or impairment methodology
- Exposure to credit cards, consumer finance, or other unsecured lending products
- Experience using Power BI and presenting insights to senior leadership audiences
What We Do
At NewDay, our business is focused on a single, clear and defining purpose: to help people move forward with credit. We provide nearly 4 million customers with responsible access to credit, underpinned by best-in-class customer service and exceptional user experience. Our in-house, highly scalable digital platform alongside our proprietary credit decisioning capability unlocks our competitive advantage. Our broad credit product offering enables instalment finance, BNPL, 0% finance and carded and digital revolving credit. We operate multiple direct-to-consumer products and a range of credit solutions with some of the UK’s most loved brands. Our underwriting capability and experience allow us to responsibly say yes to more UK customers making us a merchant partner of choice. We partner to harness the power of data to drive commerce across the UK, creating value at scale.
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