Get AI-powered advice on this job and more exclusive features.
Imagine a world where every small business has the power to thrive. That's the world we're building at iwoca. Small businesses aren't just statistics – they're the heartbeat of our communities, the character of our high streets, and the engine of our economy. Since 2012, we've revolutionised how these businesses access finance, turning what was once a lengthy, frustrating process into something remarkable: funding that's fast, flexible, and actually works for modern businesses. Our impact speaks for itself: we've provided billions in funding to more than 150,000 businesses across Europe, making us one of the continent's leading fintech innovators.
Hybrid in London, United Kingdom.
The team
The Credit Risk Modelling team builds and improves the models that drive iwoca’s lending decisions. The team includes eight data scientists, two developers, and three lending strategy data analysts working in hybrid schedules in London. We plan quarterly objectives, manage progress with weekly meetings, and hold stand‑ups every other day.
The role
You’ll analyse data and contribute to the development of our credit models for the enhanced underwriting segment. You’ll work with analysts, data scientists, and senior stakeholders to shape iwoca’s lending strategy.
Learn
* Build expertise in the credit domain.
* Develop your analytical skills through exposure to different experimental approaches and complex analysis.
Develop Commercial Influence
* Practice turning data into information, and information into insights, so that you and various stakeholders can deliver improvements with real impact for our customers.
Work On Interesting And Impactful Projects, For Example
* Monitoring and refining risk models to improve decision‑making and portfolio outcomes.
* Analysing portfolios and tests to investigate credit performance, identify drivers of change, and adapt lending strategies.
* Improving our data, systems, and workflows to strengthen underwriting and monitoring.
* Supporting new product launches and adapting policies to meet investor and regulatory needs.
Requirements
* A quantitative background, such as a degree in mathematics, statistics, economics, engineering, or a related field.
* Ability to analyse data and generate insights to support decisions.
* Ability to evaluate underwriting processes and improve credit models or policies.
* Clear written and verbal communication, with the ability to tailor analysis and recommendations to different audiences.
* A team player, with the ability to work confidently and enthusiastically with different people and teams.
Bonus
* Experience in B2B or B2C credit risk, lending, and strategy.
* Proficiency in SQL and Python.
* Experience with data visualisation tools like Looker.
Salary
We expect to pay from £40,000–£55,000 for this role. 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 professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.
The Offices
* Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
* Events and clubs, such as bingo, comedy nights, yoga classes, football, etc.
The Benefits
* Medical insurance from Vitality, including discounted gym membership.
* A private GP service for you, your partner, and your dependents.
* 25 days’ holiday, 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 emotional and mental health support.
* 3% pension contributions and share options.
* Generous parental leave and a nursery tax benefit scheme to help you save money.
* Cycle‑to‑work scheme and electric car scheme.
* Two company retreats a year, we’ve been to France, Italy, Spain, and further afield.
Learning & Development
* A learning and development budget for everyone.
* Company‑wide talks with internal and external speakers.
* Access to learning platforms like Treehouse.
Useful Links
* iwoca benefits & policies
* Interview welcome pack
Compensation Range: £40,000 – £55,000
#J-18808-Ljbffr