At a Glance
- Tasks: Support and refine lending strategies for SMEs in Germany using data analysis.
- Company: Join iwoca, a dynamic fintech company empowering small businesses.
- Benefits: Flexible hours, competitive salary, health insurance, and generous holiday leave.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Make a real impact on SMEs while developing your analytical skills.
- Qualifications: Degree in a quantitative field and strong analytical mindset required.
The predicted salary is between 40000 - 55000 £ per year.
The company supports small businesses by providing flexible and responsive finance solutions. Our smart technology, data science, and customer service ensure business owners can act with speed and confidence. We have already cleared the way for 100,000 businesses with more than 4 billion in funding.
We’re looking for a Risk Analyst to support and refine our lending strategy within Germany. This includes supporting new growth initiatives, designing and analysing tests, developing scorecards and underwriting strategies, and managing portfolio risk.
The Lending Strategy team decides who iwoca lends to in Germany and on what terms. Its work covers model development, lending strategy, and portfolio risk. The team works closely with Data Science, Product, tech teams, Operations Strategy, and Credit Analysts.
Key responsibilities include:
- Build expertise in the credit domain.
- Develop analytical skills through exposure to different experimental approaches and complex analysis.
- Provide insightful analytics on the risk profile of our lending book and assist with lending strategy decisions.
- Partner with key stakeholders within Team Germany to provide credit risk expertise to multi-disciplinary projects.
- Work closely with data science teams to improve credit assessment scorecards and strategies.
- Develop and maintain reporting dashboards, presenting a clear picture of the state of our lending.
- Turn data into information and insights to deliver improvements for our customers.
We look for people that are smart, humble, motivated, and always looking to improve.
Essential:
- A degree in a quantitative field such as Mathematics, Physics, Engineering, or similar.
- Ability to analyse data and generate insights to support decisions.
- Clear written and verbal communication, tailored to different audiences.
- An analytical mindset with a practical approach to problem solving.
- A commitment to using modern tools effectively, including AI.
Bonus:
- Experience in B2B or B2C credit risk lending and strategy.
- Experience with SQL and Python.
- Experience with data visualisation tools like Looker.
The salary is expected to be between 40,000–55,000. We encourage you to include your salary goals with your application.
At iwoca, we prioritise a culture of learning, growth, and support, investing in the development of our team members. We value thought and skill diversity and encourage exploration of new areas of interest.
We offer flexible working hours, medical insurance, a choice between dental or health cash plans, a private GP service, 25 days’ holiday per year, and a one-month fully paid sabbatical after four years. Additional benefits include pension contributions, an employee equity incentive scheme, generous parental leave, and a nursery tax benefit scheme.
We also provide a learning and development budget, company-wide talks, and access to learning platforms.
Risk Analyst in Whitehall employer: iwoca
At iwoca, we pride ourselves on being an exceptional employer that champions innovation and collaboration. Our vibrant work culture fosters growth and creativity, empowering employees to make impactful decisions that drive the success of small businesses. With a commitment to professional development and a focus on leveraging cutting-edge technology, we offer a unique opportunity for individuals to thrive in the dynamic fintech landscape of London.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst in Whitehall
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like iwoca. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from iwoca.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like iwoca. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Risk Analyst in Whitehall
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in iwoca and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show iwoca how you can be a team player!
How to prepare for a job interview at iwoca
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with iwoca.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with iwoca's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
