Commercial Analyst

iwoca; City of Westminster; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A fast-growing fintech company in the UK is seeking a Commercial Analyst to power their partnerships strategy through data and analytics. The ideal candidate will have at least 2 years in an analytical role, be proficient in tools like Looker, and have strong commercial acumen. Responsibilities include operational analysis, reporting, and data support. A competitive salary of £40,000 – £50,000 is offered along with flexible working options and a strong culture of learning and development.

Benefits

Flexible working

Medical insurance including gym discounts

25 days holiday plus extra birthday leave

Company retreats twice a year

Qualifications

• At least 2 years of experience in a similar analytical role with commercial applications.
• Strong background in Maths or a quantitative subject is desirable.

Responsibilities

• Conduct operational and strategic analysis to support business objectives.
• Build and maintain reporting infrastructure for the team.
• Be a data champion and train team members.

Skills

Analytical thinking

Proficient in Google Sheets or Microsoft Excel

SQL understanding

Strong commercial acumen

Education

Degree level or higher

Tools

Looker

Tableau

Power BI

Job description

We're looking for a Commercial Analyst with a passion for data and analytics to power our partnerships strategy. The successful candidate will ensure we’re making data-driven decisions based on robust testing to help grow our partnerships channel, as well as developing and maintaining the business intelligence (BI) and data infrastructure of the team. We’re looking for an inquisitive independent thinker with a proactive can‑do attitude. Ready to make an impact? Come join us! We look for people who are smart, humble, motivated and who are always looking to improve.

Responsibilities

• Analysis:
  • Operational and strategic analysis: conduct bespoke analysis to solve business problems and support long‑term team objectives.
  • Performance monitoring: identify opportunities for improvement in the customer funnel through working with our Partnership Managers to monitor the performance of individual partners.
  • New partnerships: support pitching to new partners by providing relevant insights and data.
• Reporting and tracking:
  • Reporting infrastructure: building and maintaining reporting infrastructure used by the team and our Partners.
  • Cost tracking: track commission costs for our partners, using these to evaluate the ROI of our partners and the overall team.
• Data support:
  • Data knowledge: be a data champion for the team, helping our team to correctly use and interpret data, and to tackle any issues or questions that arise.
  • Looker training: work with the team to level up their data skills and empower them to achieve more with our vast amounts of available data.
  • Collaboration: work with other teams to identify new uses for data and to fix issues with existing data.

Essential Qualifications

• At least 2 years of experience in a similar analytical role with commercial applications.
• Highly proficient in Google Sheets or Microsoft Excel and experience with a business intelligence tool (Looker is most preferable, Tableau, Power BI etc.).
• Understanding of SQL.
• Strong commercial acumen.
• Educated to degree level or higher.

Desired Qualifications

• Background in Mathematics or another quantitative subject.
• Experience in fintech or a similar industry.
• Familiarity with DBT and Snowflake.

About iwoca

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 is 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 Partnerships team plays a key role in driving iwoca’s customer acquisition by delivering cutting‑edge embedded finance solutions to small businesses through our powerful Lending API. Working with a diverse range of partners, from globally recognised names to dynamic micro‑businesses, helps them unlock new growth opportunities. The team is a mix of commercial, technical and analytical experts, all united to maximise value from both new and existing partnerships. This role will collaborate closely with the Head of Partnerships, playing a pivotal part in accelerating the growth of our partnerships channel and taking iwoca’s impact to the next level.

Compensation & Expectations

We expect to pay from £40,000 – £50,000 for this role. 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 Culture

At iwoca, we prioritise a culture of learning, growth and support, and invest in the professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services. 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 role in which you can spend part of your time working from home.

Our Offices

• London, Leeds, Berlin and Frankfurt with plenty of drinks and snacks.
• Events and clubs, like bingo, comedy nights, yoga classes, football, etc.

Our Benefits

• Flexible working.
• 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, 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 emotional and mental health support.
• 3% pension contributions and share options.
• Generous parental leave and a nursery tax benefit scheme to help you save money.
• Cycle‑to‑work scheme and electric car scheme.
• Two company retreats a year – we’ve been to France, Italy, Spain and further afield.

Learning & Development

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

Useful Links

• iwoca benefits & policies
• Interview welcome pack