Location
London

Hours
Permanent, full-time role with hybrid working arrangements

Salary
Negotiable

About the Role
At NewDay, we help millions of people move forward with credit. As one of the UK's leading providers of consumer credit, we leverage data, technology and insight to make smarter decisions for our customers and our business. As a Specialist, Impairment Reporting, you will 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. You will work collaboratively across Credit Risk, Collections and Finance to ensure impairment calculations are accurate, robust and well understood, supporting strategic decision-making across the business.

Your responsibilities will include owning the monthly IFRS 9 impairment reporting process, delivering accurate expected credit loss (ECL) results and providing insight into key performance drivers. You will partner with stakeholders to understand portfolio performance, explain impairment movements and support business decisions. Additionally, you will assess the impact of lending, customer management and collections strategies on impairment outcomes, identifying emerging risks and trends. You will support ongoing enhancements to impairment reporting, including PMAs, model parameter updates, validations and business change initiatives. Using Python, SQL and data-led analysis, you will challenge results, generate meaningful insights and provide visibility to senior stakeholders across the business.

Experience
- Proven 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.

About you
- Collaborative team player who can work effectively across multiple departments.
- Detail-oriented and committed to delivering accurate and insightful reporting.
- Comfortable working in a dynamic environment and adapting to change.
- Strong problem-solving skills and a data-driven mindset.

Qualifications
- Experience with PMAs, IFRS 9 models or impairment methodology is a plus.
- Exposure to credit cards, consumer finance or other unsecured lending products is advantageous.
- Experience using Power BI and presenting insights to senior leadership audiences is desirable.