Commercial Analyst

Commercial Analyst

London Full-Time 34000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse data to drive partnerships strategy and support business growth.
  • Company: Join iwoca, a fintech innovator empowering small businesses with fast, flexible finance solutions.
  • Benefits: Enjoy remote work options, generous holiday, medical insurance, and company retreats.
  • Why this job: Make an impact in a supportive culture focused on learning and innovation.
  • Qualifications: 2+ years in an analytical role, proficient in Google Sheets/Excel, degree educated.
  • Other info: Collaborate with diverse teams and enhance your data skills in a dynamic environment.

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

We\’re looking for a Commercial Analyst

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 usSmall 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 teamThe 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 missionKey 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

RequirementsWe 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.

SalaryWe 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 cultureAt 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 officesWe 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.

Useful linksiwoca benefits & policies

Interview welcome pack

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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 vibrant offices in London foster collaboration and creativity, while our comprehensive benefits package, including generous holiday allowances, medical insurance, and professional development opportunities, ensures that our team members thrive both personally and professionally. Join us in empowering small businesses and be part of a dynamic team where your contributions truly make an impact.
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Contact Detail:

Iwoca Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Analyst

✨Tip Number 1

Familiarise yourself with iwoca's mission and values. Understanding how they empower small businesses will help you align your answers during interviews and demonstrate your passion for their work.

✨Tip Number 2

Brush up on your data analysis skills, especially in Google Sheets or Excel. Being able to showcase your proficiency in these tools during discussions can set you apart from other candidates.

✨Tip Number 3

Network with current or former employees of iwoca on platforms like LinkedIn. They can provide insights into the company culture and the specifics of the Commercial Analyst role, which can be invaluable during your application process.

✨Tip Number 4

Prepare to discuss your experience with business intelligence tools, particularly Looker. Be ready to explain how you've used data to drive decisions in previous roles, as this is crucial for the position.

We think you need these skills to ace Commercial Analyst

Data Analysis
Commercial Acumen
Google Sheets
Microsoft Excel
Business Intelligence Tools (Looker, Tableau, Power BI)
SQL
LookML
Performance Monitoring
Reporting Infrastructure Development
Cost Tracking
Collaboration Skills
Problem-Solving Skills
Communication Skills
Training and Mentoring
Analytical Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in data analysis and commercial applications. Emphasise your proficiency in Google Sheets or Microsoft Excel, and any experience with business intelligence tools like Looker.

Craft a Compelling Cover Letter: In your cover letter, express your passion for data and analytics. Mention specific examples of how you've used data to drive decisions in previous roles, and demonstrate your understanding of iwoca's mission to empower small businesses.

Showcase Your Analytical Skills: Provide concrete examples of operational and strategic analyses you've conducted in the past. Highlight any experience you have with performance monitoring and reporting infrastructure, as these are key aspects of the role.

Include Salary Expectations: Since iwoca is open-minded about salary, be sure to include your salary goals in your application. This shows transparency and helps set the stage for future discussions.

How to prepare for a job interview at Iwoca Ltd

✨Show Your Analytical Skills

As a Commercial Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used data to drive decisions in previous roles. Highlight any experience with tools like Looker, Excel, or other BI tools.

✨Understand the Partnerships Landscape

Familiarise yourself with iwoca's partnerships strategy and the fintech industry. Research their current partners and think about how you can contribute to enhancing these relationships. This shows your genuine interest in the role and the company.

✨Demonstrate Proactivity

The job description mentions a proactive can-do attitude. Prepare examples that showcase your initiative in past roles, whether it was identifying a problem and proposing a solution or taking on additional responsibilities to support your team.

✨Prepare Questions for Your Interviewers

Interviews are a two-way street. Prepare insightful questions about the team dynamics, the challenges they face, and how success is measured in this role. This not only shows your interest but also helps you gauge if the company is the right fit for you.

Commercial Analyst
Iwoca Ltd
Location: London
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  • Commercial Analyst

    London
    Full-Time
    34000 - 42000 £ / year (est.)
  • I

    Iwoca Ltd

    50-100
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