Junior Credit Analyst

We’re looking for a Credit Analyst - German Speaking

We’re 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.

About us

Fast, flexible finance empowers small businesses to manage their cash flow better and seize opportunities - making their business and the economy stronger as a whole. At iwoca, we do just that. We help businesses get the funds they need, when they need it, often within minutes. 

We’ve already made several billion in funding available to over 100,000 businesses since we launched in 2012, and positioned ourselves as a leading Fintech in Europe. Our mission is to finance one million businesses. We’ll get there by continuing to make our finance ever more relevant and accessible to more businesses by combining cutting-edge technology, data science and a 5-star customer service.

Our culture 

We’re expanding fast across our offices in London, Leeds, Berlin and Frankfurt. With all this growth, we’re looking for people who want to learn on the job and lead projects, knowing that your ideas will impact thousands of small businesses. 

Your Mission

• To assess credit applications - you’ll use your experience, a variety of data sources and our tech platform to make fast, fair and accurate decisions.

• You’ll have autonomy in decisioning, the scope of which will increase over time as you build knowledge of our systems and processes.

• You will support other analysts on larger and more complex decisions, which is a key part of our workflow.

• Our credit decisioning is data driven. You’ll work alongside our analytics teams to optimise our approach to lending and adapt your own approach in line with that goal.

Requirements

We look for people who are smart, humble, motivated and who are always looking to improve.

You will have:

• 2 years + experience in commercial loan underwriting, credit sanctioning or credit analysis within the SME sector in Germany

• Strong business acumen and a working understanding of the risk and revenue drivers that influence the creditworthiness of a loan application

• Strong German language skills, ideally at native level

• The ability to interpret & analyse financial statements

• A motivated and enthusiastic attitude that works well in a regularly changing and fast paced environment

• Excellent communication skills. You will have direct telephone contact with our customers, daily interaction within credit whilst decisioning and regular contact with other teams on cross functional initiatives

• An analytical mindset with a practical approach to problem solving. You come up with innovative and scalable solutions to day-to-day problems and suggest changes to processes to improve efficiency

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.

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 hybrid role in which you can split your time between the office and home.

We want to make iwoca a place where everyone feels welcome, where you can confidently be yourself. We understand that inclusivity, and diversity that comes through greater inclusivity, isn't an optional add-on; it's the core ingredient of what makes us great. We care about making iwoca a healthy and happy community for all of our team members to thrive in.

The salary

We expect to pay from 46.000 EUR - 55.000 EUR 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 benefits

• A smart, motivated and international team (we represent over 35 different nationalities) with ridiculous growth-mindset

• 26 days of vacation a year plus a free day for your birthday

• One-month fully paid sabbatical after 4 years

• Share options

• Mental health support via OpenUp

• iwoca takes over a ski chalet in winter so that you and your team can ski or snowboard (and work) for a week. During summer we are drawn to the sun.

• Access to the gym membership program, €25 pm for either Fit711 or Urban Sports Club

• Exclusive participation in the daily commute, €25 pm to the Deutschlandticket

• Our home is in a nice office in the heart of the big city. In Frankfurt in the beautiful Ostend, our London office is located centrally in Fitzrovia

• Company-wide training courses with internal and external speakers

• A paid volunteer day that gives you the opportunity to invest time to support a charity of your choice.

• ’iwocans’ also benefit from fully stocked fridges in our offices with whatever is needed to strengthen them. There are snacks (both healthy and less healthy) for the whole day.

For more information:

• iwoca benefits & policies: coda.io/d/iwoca-benefits-policies