Junior Credit Analyst
iwoca
Junior Credit Analyst
iwoca
Flexible SME loans and invoice financing
The company
Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are.
That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed.
We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.
The team
We’re growing fast, and more customers means more credit decisions. Our credit team is expanding and we’re looking for experienced analysts to assess our customers in a fast, fair and accurate way.
The role
To assess credit applications - you’ll use your experience, a variety of data sources and our tech platform to make fast, fair and accurate decisions.
You’ll have autonomy in decisioning, the scope of which will increase over time as you build knowledge of our systems and processes.
You will support other analysts on larger and more complex decisions, which is a key part of our workflow.
Our credit decisioning is data driven. You’ll work alongside our analytics teams to optimise our approach to lending and adapt your own approach in line with that goal.
The requirements
Essential:
Demonstrates curiosity to use and learn more about AI tools. You’ll already be comfortable using AI tools in practical ways to help solve problems, increase productivity and improve quality of work, showing good judgement about when to use them and the ability to explain the reasoning behind that use.
We look for people who are smart, humble, motivated and who are always looking to improve.
Knowledge of foundational finance and accounting principles, whether acquired academically or through an internship
Strong business acumen and a working understanding of the risk and revenue drivers that influence the creditworthiness of a loan application
The ability to interpret & analyse financial statements
A motivated and enthusiastic attitude that works well in a regularly changing and fast paced environment
Excellent communication skills in business English and German
An analytical mindset with a practical approach to problem solving. You come up with innovative and scalable solutions to day-to-day problems and suggest changes to processes to improve efficiency
Don’t take this list as prescriptive: it’s just to give you a sense of who might do well at the job. We’d still love to hear from you if you don’t hit every point on the list, or if you have other experience.
The salary
We expect to pay from £32,000 —£45,000 for this role. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.
The culture
At iwoca, we prioritise a culture of learning, growth, and support, and invest in the development of our team members. We value thought and skill diversity, and encourage people to explore new areas of interest, adopt better tools – including AI – and apply sound judgement so our products and decisions improve over time.
The offices
We put a lot of effort into making iwoca a great place to work:
Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.
The benefits
Flexible working hours.
Medical insurance from Vitality, including discounted gym membership.
A choice between a dedicated dental plan or a health cash plan that reimburses everyday medical expenses.
A private GP service (separate from Vitality) for you, your partner, and your dependents.
25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
A one-month, fully paid sabbatical after four years.
Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
3% Pension contributions on total earnings.
An employee equity incentive scheme.
Generous parental leave and a nursery tax benefit scheme to help you save money.
Electric car scheme and cycle to work scheme.
Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.
And to make sure we all keep learning, we offer:
A learning and development budget for everyone.
Company-wide talks with internal and external speakers.
Access to learning platforms like Treehouse.
Useful links:
Iwoca provides financing for small and medium-sized UK businesses, offering flexible loans and invoice financing to help with cash flow and growth. Its products include the Flexi Loan, which lets a business borrow with adjustable repayment terms, and iwocaPay, an invoice-financing service that lets customers pay invoices over time. The company runs its lending through a tech-driven platform that analyzes data and uses machine learning to assess credit risk and make quick decisions, often within 24 hours. This speed and flexibility set it apart from traditional lenders, as it focuses on tailoring financing to each SME’s needs rather than offering one-size-fits-all products. Overall, its goal is to enable smaller businesses to manage cash flow, access capital quickly, and support business growth.
Explore more opportunities at iwoca