Graduate Credit Analyst

We're looking for a Graduate Credit Analyst

We're growing fast, and more customers means more credit decisions. Our credit team of 50 analysts is expanding and we're looking for analysts to assess our customers in a fast, fair and accurate way.

About us

Fast, flexible finance empowers small businesses to manage their cash flow better and seize opportunities - making their business and the economy stronger as a whole. At iwoca, we do just that. We help businesses get the funds they need, when they need it, often within minutes.

We've already made several billion in funding available to over 100,000 businesses since we launched in 2012, and positioned ourselves as a leading Fintech in Europe. Our mission is to finance one million businesses. We'll get there by continuing to make our finance ever more relevant and accessible to more businesses by combining cutting-edge technology, data science and a 5-star customer service.

Our culture

We're expanding fast across our offices in London, Leeds and Frankfurt. With all this growth, we're looking for people who want to learn on the job and lead projects, knowing that your ideas will impact thousands of small businesses.

The role

Our team of Credit Analysts are responsible for making lending decisions for each of the UK's SME businesses that approach iwoca.

Your mission:

1. Reviewing credit data, financial statements and other data sources to assess the level of risk involved in lending.

2. Conducting thorough due diligence to ensure affordability of credit in line with internal policies.

3. Understanding and accurately capturing the specific revenue and risk drivers for SMEs.

4. Being responsible for and trusted to make lending decisions.

5. Supporting and improving our underwriting framework, through consistent high quality lending decisions to enable us to make better, faster and fairer decisions.

6. Communicating effectively with our Account Management teams to ensure customer needs are met.

Requirements

We look for people who are smart, humble, motivated and who are always looking to improve.

Ideally, you'll have:

1. A bachelors or masters degree from which you'll be graduating in 2025.

2. A good understanding of how businesses operate, including their main risk and revenue drivers.

3. The ability to interpret financial statements to evaluate business performance.

4. An analytical mindset with a practical approach to problem solving.

5. Excellent communication skills. You will be in direct contact with applicants via phone and email to better understand their business.

6. A motivated and enthusiastic attitude that works well in a regularly changing and fast-paced environment.

7. This is a hybrid role, requiring 3 days in the office per week.

Our benefits

We put a lot of effort into making iwoca a brilliant place to work:

• Offices in London, Leeds and Frankfurt.

• Events and clubs, like bingo, comedy nights, yoga classes, football

• Two company retreats a year, we've been to France, Italy, Spain and further afield.

• Plenty of drinks and snacks in our offices.

We offer a wide range of benefits:

• Medical insurance from Vitality, including discounted gym membership.

• 25 days' holiday, an extra day off for your birthday and the option to buy or sell an additional 5 days of annual leave.

• Instant access to emotional and mental health support with our partner, Spill.

• Share options.

• Generous maternity and paternity leave.

• A nursery tax benefit scheme to help you save money.

• Paid volunteering day to support your chosen charity.

• Extra leave if you want to travel or study.

• One-month fully paid sabbatical after 4 years.

• Cycle-to-work scheme.

• Electric car scheme.

And to make sure we all keep learning, we offer:

• An L&D budget for everyone, including a book budget.

• Company-wide talks with internal and external speakers.

• Access to learning platforms like Treehouse if you want to learn to code.

For more information:

• iwoca benefits & policies: coda.io/d/iwoca-benefits-policies