Junior Credit Analyst - German Speaking in London

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 is growing fast, and more customers means more credit decisions. Our credit team is expanding and we’re looking for experienced analysts to assess our customers in a fast, fair and accurate way.

The role includes:

• Assessing credit applications – using your experience, a variety of data sources and our tech platform to make fast, fair and accurate decisions.
• Having autonomy in decisioning, the scope of which will increase over time as you build knowledge of our systems and processes.
• Supporting other analysts on larger and more complex decisions, which is a key part of our workflow.
• Working alongside our analytics teams to optimise our approach to lending and adapt your own approach in line with that goal.

The requirements include:

• Demonstrating curiosity to use and learn more about AI tools. Comfortable using AI tools in practical ways to solve problems, increase productivity, improve quality of work, and explain reasoning behind them.
• Being smart, humble, motivated and always looking to improve.
• Knowledge of foundational finance and accounting principles, whether acquired academically or through an internship.
• Strong business acumen and working understanding of the risk and revenue drivers that influence creditworthiness of a loan application.
• Fluency in German, C1 level.
• Ability to interpret and analyse financial statements.
• A motivated and enthusiastic attitude that works well in a regularly changing and fast-paced environment.
• Excellent communication skills, including direct telephone contact with customers, daily interaction within credit decisioning, and regular contact with other teams on cross-functional initiatives.
• An analytical mindset with a practical approach to problem solving. Create innovative, scalable solutions to day-to-day problems and suggest process improvements.

We’d still love to hear from you if you don’t hit every point on the list, or if you have other experience.

The salary is expected to be from £32,000 — £45,000 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.

At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective. We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them.

Offices are located in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks. Events and community-led groups include running groups, padel, and monthly ping-pong and pool competitions.

The benefits include:

• Flexible working hours.
• 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 per year, 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 external counselling and therapy sessions for team members that need emotional or mental health support.
• 3% Pension contributions on total earnings.
• An employee equity incentive scheme.
• Generous parental leave and a nursery tax benefit scheme to help you save money.
• Electric car scheme and cycle to work scheme.
• Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.

Learning and development includes:

• A learning and development budget for everyone.
• Company-wide talks with internal and external speakers.
• Access to learning platforms like Treehouse.