At a Glance
- Tasks: Join the founding team to support M&A operations and lead innovative projects.
- Company: Be part of iwoca's exciting new venture, manda, in the fintech space.
- Benefits: Paid internship with competitive salary, flexible hours, and great office perks.
- Why this job: Gain hands-on experience in M&A while shaping the future of small business sales.
- Qualifications: Strong academic background and a passion for M&A or fintech.
- Other info: Dynamic startup culture with opportunities for growth and learning.
The predicted salary is between 27000 - 30000 ÂŁ per year.
We're looking for an M&A intern to join the founding team of manda, a new highâgrowth venture within iwoca. Small business owners find it hard to sell their business due to information asymmetry, messy data, and a lack of access to capital, leading to an underserved SME market. Leveraging iwoca's ability to build clean, efficient processes and our deep footprint in the SME economy, we are building a "Market Maker" model to fix this.
The Role
This is a paid offâcycle internship lasting up to 6 months, with the potential to convert into a fullâtime role. The programme is split into two distinct phases to give you both breadth of experience and depth of ownership.
- Phase 1: Core M&A Operations (First 2 Months)
- Origination: You will help identify businesses that want to sell and secure their consent to represent them. This includes running our "Likely Seller" algorithms on internal data, conducting outreach, and qualifying inbound interest.
- Due Diligence Support: You will support company valuation and due diligence based on data provided from sell mandates. You'll help turn raw SME data into clear reports that clarify the business model, financial position, and fair valuation.
- Deal Management: You will provide deal support across the active M&A pipeline. This includes managing CRM software, ensuring Virtual Data Rooms are populated correctly, and assisting in the coordination of buyerâseller Q&A.
- Product & Data: You will analyse complex data to support TAP (tech, analytics, and product). This could include helping map the data schema for a "Digital IM", assisting in automating manual workflows, and turning friction points you identify into product requirements.
- Phase 2: The Project (Months 3â6)
Once you build some foundation knowledge, you will create a project proposal together with manda's Venture Lead to solve a specific problem or seize an opportunity identified. Upon approval, you will spend the remainder of your internship executing this project. You will be supported by and have regular checkâins with the Lead of manda.
Who You Are
- You are both interested in Investment Banking and want to be at the forefront of FinTech innovation. Most importantly you are smart, motivated, humble and have a growth mindset.
- You are needâdriven: You are happy to get your hands dirty. Whether it's fixing a broken spreadsheet, coldâcalling a lead, or cleaning up CRM data, you do what is needed to move the deal forward.
- You are financially literate: Comfortable with P&Ls, balance sheets, and cashflows. You can look at a set of accounts and ask the right questions.
- You are techâcurious: You arenât afraid of new tools and come with your own tech stack. You have interest in software that solve CRM, VDR, BI issues.
- You are a clear communicator: M&A is about trust. You can write clear, professional emails and arenât afraid to pick up the phone.
The Requirements
- Available for a fullâtime, offâcycle placement for up to 6 months.
- Strong academic background (open to all disciplines, though Finance, Economics, or Business preferred).
- Any experience, projects, initiatives to showcase a genuine M&A or FinTech interest.
- Bonus: Experience in solving financing or data challenges that SMEs face.
The Salary
This is a paid internship and comes with annual compensation between ÂŁ27,000 - ÂŁ30,000. If the position is converted into fullâtime employment, compensation will be reâbenchmarked against the new position.
The Culture
Youâll join the founding team building manda as a highâgrowth venture within iwoca. We operate with the autonomy and pace of a startup, backed by the infrastructure of a proven fintech scaleâup. At iwoca, we prioritise a culture of learning, growth, and support. We encourage you to explore new areas of interest.
The Offices & Benefits
- Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
- Events and clubs, like bingo, comedy nights, football, etc.
- Flexible working hours.
- Gym discounts and medical insurance access (subject to contract length).
- Companyâwide talks with internal and external speakers.
Compensation Range: ÂŁ27K - ÂŁ30K
M&A Intern - manda (iwoca\'s M&A Platform) in Harrow on the Hill employer: iwoca Deutschland
Contact Detail:
iwoca Deutschland Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land M&A Intern - manda (iwoca\'s M&A Platform) in Harrow on the Hill
â¨Tip Number 1
Network like a pro! Reach out to people in the M&A and FinTech space on LinkedIn. Donât be shyâsend them a message introducing yourself and expressing your interest in their work. You never know who might have a lead or advice for you!
â¨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand iwoca's mission and how manda fits into the bigger picture. This will help you tailor your answers and show that you're genuinely interested in being part of the team.
â¨Tip Number 3
Practice your pitch! Be ready to explain why youâre the perfect fit for the M&A intern role. Highlight your skills, experiences, and what you can bring to the table. Keep it concise and engagingâmake them want to know more about you!
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen. Plus, it shows youâre serious about joining the iwoca family. So, get that application in and letâs make it happen!
We think you need these skills to ace M&A Intern - manda (iwoca\'s M&A Platform) in Harrow on the Hill
Some tips for your application đŤĄ
Show Your Passion for M&A: When writing your application, let us see your enthusiasm for M&A and FinTech. Share any relevant experiences or projects that highlight your interest in the field. We want to know what drives you!
Be Clear and Concise: M&A is all about clear communication, so make sure your application reflects that. Keep your language straightforward and avoid jargon. We appreciate a well-structured application that gets straight to the point.
Tailor Your Application: Donât just send a generic application! Tailor it to the role at manda. Highlight how your skills and experiences align with the specific responsibilities mentioned in the job description. Show us why youâre the perfect fit!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you donât miss out on any important updates. Plus, itâs super easy!
How to prepare for a job interview at iwoca Deutschland
â¨Know Your M&A Basics
Before the interview, brush up on your M&A knowledge. Understand key concepts like due diligence, valuation methods, and deal structures. This will not only show your interest but also help you answer technical questions confidently.
â¨Showcase Your Problem-Solving Skills
Be prepared to discuss specific examples where you've tackled challenges, especially in data analysis or project management. Highlight any experience with SMEs or financial literacy that demonstrates your ability to think critically and solve problems effectively.
â¨Communicate Clearly and Professionally
Since clear communication is crucial in M&A, practice articulating your thoughts succinctly. Prepare to explain complex ideas simply, as this will reflect your ability to build trust and rapport with clients and colleagues alike.
â¨Demonstrate Your Tech Curiosity
Familiarise yourself with tools relevant to M&A processes, such as CRM software and data analysis platforms. Be ready to discuss how you've used technology to improve efficiency or solve problems in past experiences, showing that you're tech-savvy and adaptable.