Graduate Credit Analyst

As a Graduate Credit Analyst at iwoca, your key responsibilities will include reviewing credit data and financial statements to evaluate the creditworthiness of small and medium-sized enterprises (SMEs). You’ll also conduct thorough due diligence ensuring that the credit is affordable in accordance with our internal policies. Moreover, you’ll have the opportunity to make lending decisions that can impact thousands of businesses, enhancing your experience in financial analysis and risk management.

To apply for the Graduate Credit Analyst role at iwoca, you'll need a bachelor's or master's degree, expecting to graduate in 2025. An understanding of how businesses operate and the ability to interpret financial statements is essential, alongside an analytical mindset and strong communication skills, as you'll engage directly with applicants to understand their business needs.

iwoca is committed to your professional growth. As a Graduate Credit Analyst, you'll have access to a Learning & Development budget, encouraging continuous education. You'll also attend company-wide talks with both internal and external speakers and explore learning platforms designed to help you advance in skills like coding and financial analysis.

Yes, the Graduate Credit Analyst position at iwoca is a hybrid role, requiring three days a week in the office. This structure allows for collaboration with your team while providing flexibility for remote work, ensuring you maintain a healthy work-life balance while contributing meaningfully to our mission.

iwoca offers a comprehensive range of benefits for Graduate Credit Analysts, including medical insurance, 25 days of holiday, the option to buy or sell additional leave, share options, and various mental health support resources. Plus, you’ll enjoy company retreats and numerous social events, all designed to build a sense of community and support within the company.

When answering this question, discuss credit risk as the potential that a borrower may fail to meet their debt obligations. Highlight how assessing credit risk is crucial in lending processes to protect the lending organization while ensuring that credit is accessible to trustworthy borrowers. Drawing from any related coursework or internships will strengthen your response.

Provide a structured method for analyzing financial statements, starting with understanding the income statement, balance sheet, and cash flow statement. Emphasize identifying revenue trends, expense management, and liquidity ratios. Relating this analysis to how it influences lending decisions at iwoca will show you understand the practical application of your skills.

Discuss qualities like analytical thinking, attention to detail, effective communication, and the ability to manage deadlines in a fast-paced environment. Illustrate with examples of how you've demonstrated these traits in academic projects or previous roles.

Convey your passion for supporting small businesses and the fintech industry. Mention how iwoca's mission aligns with your values and career aspirations, particularly the focus on utilizing innovative solutions to enhance lending decisions.

Provide a specific example that highlights your decision-making process and the context in which you had to act quickly. Emphasize the outcome and what you learned from the experience, relating it back to potential scenarios you might encounter in the Credit Analyst role.

Discuss methods you use to maintain accuracy, such as double-checking data, utilizing software tools for accuracy, or implementing a checklist for important tasks. Stress the importance of accuracy in financial analysis, especially when making lending decisions.

Talk about following relevant financial news, participating in seminars, or taking online courses. Mention specific resources or forums that are valuable for discussing industry trends that may impact your role at iwoca, demonstrating your commitment to being informed.

Emphasize the importance of open communication and collaboration when dealing with disagreements. Discuss how you would engage in a constructive dialogue to understand their perspective, leading to a consensus that's in the best interest of the business and the client.

List tools or software you are familiar with, such as Excel for financial modeling, CRM systems for managing customer interactions, or any specific risk assessment tools. Explain how these tools aid in making efficient and informed lending decisions.

Describe your approach to prioritization, such as using a project management tool or outlining key tasks according to their urgency and importance. Illustrate with an example demonstrating how you effectively managed multiple deadlines in the past to meet expectations.