At a Glance
- Tasks: Assess credit applications using data and tech to make fast, fair decisions.
- Company: Join iwoca, a dynamic fintech company supporting SMEs with innovative finance solutions.
- Benefits: Enjoy flexible working, competitive salary, medical insurance, and generous holiday leave.
- Other info: Be part of a diverse team that values independent thinking and continuous learning.
- Why this job: Make a real impact on small businesses while growing your career in a supportive environment.
- Qualifications: Experience in credit analysis, strong German skills, and a curious mindset for AI tools.
The predicted salary is between 45000 - 60000 £ per year.
The company is dedicated to supporting small businesses by providing flexible and responsive finance solutions. Our smart technology, data science, and five-star customer service ensure business owners can act with speed, confidence, and control. We have already cleared the way for 100,000 businesses with more than £4 billion in funding, and our mission is to support one million SMEs in their defining moments.
We are growing fast, and our credit team is expanding. We are looking for experienced analysts to assess our customers in a fast, fair, and accurate way.
The role:
- Assess credit applications using your experience, a variety of data sources, and our tech platform.
- Have autonomy in decision-making, which will increase over time as you build knowledge of our systems and processes.
- Support other analysts on larger and more complex decisions.
- Work alongside our analytics teams to optimise our approach to lending.
Requirements:
- Demonstrates curiosity to use and learn more about AI tools.
- Experience in commercial loan underwriting, credit sanctioning, or credit analysis within the SME sector in Germany.
- Strong business acumen and understanding of risk and revenue drivers influencing creditworthiness.
- Strong German language skills at C2 or native level.
- The ability to interpret and analyse financial statements.
- Excellent communication skills in business English and German.
- An analytical mindset with a practical approach to problem-solving.
We offer flexible working hours and a hybrid role where you can split your time between the office and home. Inclusivity and diversity are core to our culture, making iwoca a healthy and happy community for all team members.
The salary: We expect to pay from £45,000 —£60,000 for this role, but we are open-minded regarding salary goals.
The culture: At iwoca, the best idea wins. We prioritise learning and growth, giving people the autonomy to develop effectively.
The offices: We have offices in London, Leeds, Berlin, and Frankfurt, with plenty of drinks and snacks, and community-led events.
The benefits:
- Medical insurance from Vitality, including discounted gym membership.
- 25 days’ holiday per year, an extra day off for your birthday, and unlimited unpaid leave.
- A one-month, fully paid sabbatical after four years.
- 3% Pension contributions on total earnings.
- Generous parental leave and a nursery tax benefit scheme.
- Electric car scheme and cycle to work scheme.
We also offer a learning and development budget for everyone and access to learning platforms.
Credit Analyst in London employer: Iwoca Ltd
At iwoca, we pride ourselves on being an exceptional employer that champions flexibility and inclusivity, making it a fantastic place for Credit Analysts to thrive. Our vibrant work culture fosters independent thinking and continuous learning, while our commitment to employee well-being is reflected in our generous benefits package, including flexible working hours, comprehensive medical insurance, and opportunities for professional growth. With offices in dynamic locations like Berlin, we offer a stimulating environment where you can make a meaningful impact on the success of SMEs across Europe.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Iwoca Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Iwoca Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Iwoca Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Iwoca Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Iwoca Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Iwoca Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Iwoca Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
