Commercial Analyst

Commercial Analyst

Full-Time 34000 - 42000 £ / year (est.) No home office possible
Go Premium
I

At a Glance

  • Tasks: Analyse data to drive partnerships strategy and support business growth.
  • Company: Join iwoca, a dynamic fintech company empowering small businesses.
  • Benefits: Flexible working, competitive salary, health insurance, and generous holiday allowance.
  • Why this job: Make a real impact by helping SMEs thrive through data-driven insights.
  • Qualifications: 2+ years in analytics, strong Excel skills, and a degree.
  • Other info: Collaborative team culture with excellent career development opportunities.

The predicted salary is between 34000 - 42000 £ per year.

We’re looking for a Commercial Analyst with a passion for data and analytics to power our partnerships strategy. The successful candidate will ensure we’re making data-driven decisions based on robust testing to help grow our partnerships channel, as well as developing and maintaining the business intelligence (BI) and data infrastructure of the team. We’re looking for an inquisitive independent thinker with a proactive can-do attitude. Ready to make an impact? Come join us!

About us

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

The Partnerships team plays a key role in driving iwoca’s customer acquisition by delivering cutting-edge embedded finance solutions to small businesses through our powerful Lending API. Working with a diverse range of partners, from globally recognised names to dynamic micro businesses, helping them unlock new growth opportunities. The team is a mix of commercial, technical, and analytical experts, all united to maximise value from both new and existing partnerships. This role will collaborate closely with the Head of Partnerships, playing a pivotal part in accelerating the growth of our partnerships channel and taking iwoca’s impact to the next level.

Your mission

Key responsibilities include:

  • Analysis: Operational and strategic analysis: conduct bespoke analysis to solve business problems and support long term team objectives.
  • Performance monitoring: identify opportunities for improvement in the customer funnel through working with our Partnership Managers to monitor the performance of individual partners.
  • New partnerships: support pitching to new partners by providing relevant insights and data.
  • Reporting and tracking: Reporting infrastructure: building and maintaining reporting infrastructure used by the team and our Partners.
  • Cost tracking: Track commission costs for our partners, using these to evaluate the ROI of our partners and the overall team.
  • Data support: Data knowledge: be a data champion for the team, helping our team to correctly use and interpret data, and to tackle any issues or questions that arise.
  • Looker training: work with the team to level up their data skills and empower them to achieve more with our vast amounts of available data.
  • Collaboration: work with other teams to identify new uses for data and to fix issues with existing data.

Requirements

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

Essential:

  • At least 2 years of experience in a similar analytical role with commercial applications.
  • Highly proficient in Google Sheets or Microsoft Excel and experience with a business intelligence tool (Looker is most preferable, Tableau, Power BI etc).
  • Understanding of SQL.
  • Strong commercial acumen.
  • Educated to degree level or higher.

Desired:

  • Background in Mathematics or other quantitative subject.
  • Experience in fintech or similar industry.
  • Familiarity with DBT and Snowflake.

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.

Salary

We expect to pay from £40,000 - £50,000 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.

Our 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. Work-life balance is incredibly important at iwoca and we offer flexible working so you can make better use of your free time. This is a role in which you can spend part of your time working from home.

Our offices

We put a lot of effort into making iwoca a brilliant place to work: Offices in London, Leeds, Berlin and Frankfurt with plenty of drinks and snacks. Events and clubs, like bingo, comedy nights, yoga classes, football, etc.

Our benefits

  • Flexible working.
  • Medical insurance from Vitality, including discounted gym membership.
  • A private GP service (separate from Vitality) 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.

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.

Commercial Analyst employer: Iwoca Ltd

At iwoca, we pride ourselves on being an exceptional employer that champions a culture of learning, growth, and support. Our flexible working arrangements, comprehensive benefits including medical insurance and generous holiday policies, alongside a vibrant office environment in London, foster a work-life balance that empowers our team members to thrive both personally and professionally. Join us as a Commercial Analyst and be part of a passionate team dedicated to making a meaningful impact on the success of SMEs.
I

Contact Detail:

Iwoca Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their mission and values, especially how they support SMEs. This will help you tailor your answers and show that you're genuinely interested in making an impact.

✨Tip Number 3

Practice your data storytelling skills! Be ready to explain how your analytical insights can drive decisions and improve partnerships. Use real examples from your past experience to demonstrate your commercial acumen.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on joining our team and contributing to our mission of supporting SMEs.

We think you need these skills to ace Commercial Analyst

Data Analysis
Business Intelligence (BI)
Google Sheets
Microsoft Excel
Looker
SQL
Commercial Acumen
Performance Monitoring
Reporting Infrastructure
Cost Tracking
Collaboration
Problem-Solving Skills
Analytical Skills
Adaptability
Communication Skills

Some tips for your application 🫡

Show Your Passion for Data: When you're writing your application, let your enthusiasm for data and analytics shine through. We want to see how you've used data to make decisions in the past and how it can help us grow our partnerships strategy.

Tailor Your Application: Make sure to customise your application to highlight your relevant experience and skills. Mention specific tools like Google Sheets, Excel, or Looker that you’ve worked with, as we’re keen on candidates who can hit the ground running.

Be Honest About Your Experience: Don’t worry if you don’t tick every box in the job description. We value diverse experiences, so share what you bring to the table, even if it’s not a perfect match. Just be genuine about your background and skills!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Iwoca Ltd

✨Know Your Data Tools

Make sure you brush up on your skills with Google Sheets, Excel, and any BI tools like Looker. Be ready to discuss how you've used these tools in past roles to drive data-driven decisions.

✨Understand the Business

Familiarise yourself with iwoca's mission and the role of the Partnerships team. Think about how your analytical skills can contribute to their goals and be prepared to share specific examples of how you've done this before.

✨Prepare for Scenario Questions

Expect questions that ask you to solve hypothetical business problems using data analysis. Practice articulating your thought process clearly and logically, as this will showcase your independent thinking and problem-solving skills.

✨Show Your Proactive Attitude

Demonstrate your can-do attitude by sharing instances where you've taken initiative in previous roles. Highlight how your inquisitive nature has led to improvements or innovations in your work, especially in a commercial context.

Commercial Analyst
Iwoca Ltd
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

I
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>