Junior Credit Analyst - German Speaking

Iwoca Ltd; Greater London; On-site; GBP 32,000 - 45,000; Full time

Benefits offered by this job

Flexible working hours

Medical insurance

25 days holiday plus additional days

Employee equity incentive scheme

Job summary

Iwoca Ltd is looking for an experienced Credit Analyst to join their credit team in London. You will assess credit applications using data and technology, supporting complex decisions and collaborating with analytics teams to optimize lending strategies.

The ideal candidate is fluent in German, has a strong acumen in finance, and excels in communication. The salary ranges from £32,000 to £45,000, with opportunities for learning, flexible work hours, and numerous employee benefits.

Qualifications

• Demonstrates curiosity to use and learn more about AI tools.
• Ability to interpret and analyse financial statements.
• Motivated and enthusiastic attitude in a fast-paced environment.

Responsibilities

• Assess credit applications with data and tech platform.
• Support analysts on complex decisions.
• Work with analytics teams to optimize lending approach.

Skills

Fluent in German, C1 level

Strong business acumen

Excellent communication skills

Analytical mindset

Education

Knowledge of foundational finance and accounting principles

Tools

AI tools

Financial statement analysis

Job description

The company

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

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.

The role

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

The requirements

• Demonstrates 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.
• 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.
• Fluent in German, C1 level.
• Ability to interpret and analyse financial statements.
• Motivated and enthusiastic attitude that works well in a regularly changing and fast paced environment.
• Excellent communication skills. Direct telephone contact with customers, daily interaction within credit decisioning, and regular contact with other teams on cross-functional initiatives.
• Analytical mindset with practical approach to problem solving. Create innovative, scalable solutions to day-to-day problems and suggest process improvements.

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.

The salary

We expect to pay 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.

The culture

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.

The offices

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

The benefits

• 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

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