Commercial Analyst, iwoca
Broker Team
£35-55k
Plus share options
1-3 days a week in office
Online loans for small businesses
Be an early applicant
Online loans for small businesses
201-500 employees
Be an early applicant
£35-55k
Plus share options
1-3 days a week in office
201-500 employees
Company mission
To give small business owners a great experience while getting the finance they need.
Role
Who you are
- Experience working in a top-tier strategy consultancy or a strategic role at a tech or finance company
- Proven ability or a strong desire to implement findings from your analysis; we need a ‘doer’ who is comfortable rolling up their sleeves and working across the business to see your work come to fruition
- Ability to distil complex information into key points so that it is succinct and engaging in both written and verbal forms
- A team player with a balance of confidence, humility, and enthusiasm
- Someone with a strong growth mindset: all of the skills and behaviours you need to succeed are learnable. Some will take more time than others, so perseverance is also key
- Strong analytical skills, we live and breathe data. Experience with BI Tools (Looker, Tableau, Microsoft Power BI, Qlik or other similar tools will be very useful)
- An excellent communicator that will proactively keep stakeholders up-to-date, and can craft valuable documentation to boost collaboration with the wider team
- A passion for helping small businesses thrive - belief in our mission is important!
What the job involves
- Analysis: You'll be our key expert for both operational and strategic analysis within the Broker channel. For example, you'll delve into the return on investment (ROI) from our various operations, assess the conversion rates within our customer funnel, and support our strategy team with randomised controlled trials. You'll also spot emerging trends and opportunities for improvement, and design insightful metrics that provide us with valuable understanding
- Data Infrastructure: You'll be responsible for building and nurturing the data and reporting infrastructure essential for your analysis. Using BI tools, you'll skillfully translate complex data into clear and accessible reports for the wider team. Since we love experimenting, you'll play a crucial role in ensuring our data remains reliable and helping us make well-informed decisions
- Cost Tracking: You'll play a significant role in tracking costs, ensuring the Broker team manages expenditures effectively, and accurately reflecting these costs in your ROI analyses
- Support: You'll be the friendly point of contact for the Broker team when they need timely reports, clarification on data fields, or technical advice. You'll handle investigations and fixes with a supportive approach, and where necessary, you'll collaborate with tech,analytics and strategy teams to resolve issues
- Documentation: We value excellent documentation: whenever new internal processes are established or reports are created or updated, you'll make sure that clear and thorough documentation is crafted and maintained
Salary benchmarks
Our take
UK SME's are the backbone of a complex economy that is constantly changing, so the need for fast and responsive access to finance is becoming more and more important to ensure their success and growth. iwoca allows SMEs access to business loans in less than a minute, with its API and business marketplace partnerships.
With offerings like iwoca's, gone are the days where waiting up to eight weeks for a loan decision was viable. Its simplified business loans of £1,000 - £500,000 come with no fees attached, and applying online takes no more than five minutes. The ready availability of iwoca loans gives business owners a level of certainty, so that they can make instant decisions to help their business grow.
iwoca has made a number of partnerships with other players in the business finance space, including an impressive industry-first invoice checkout integration with QuickBooks. Funding raised by the company, which is now operating at net profitability, will enable it to meet a recent surge in demand for corporate loans. The company has made several billion in funding available to over 100,000 businesses since launching, positioning itself as a leading European fintech.
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
33% female employees
-2% employee growth in 12 months
Company
Employee endorsements
Opportunities to learn
"Great opportunities available to learn from both individuals through shadowing, and teams through presentations and even secondment opportunities -..."
Funding (last 2 of 7 rounds)
Aug 2019
$13.1m
GRANT
Feb 2019
$26.2m
SERIES D
Total funding: $95.2m
Company benefits
- Flexible working across all teams.
- Twice a year we rent houses in places like Sicily and the French Alps where each team can work together for a week poolside.
- Share options after six months.
- Comprehensive health insurance and cash plans.
- Gym discounts and weekly yoga classes.
- Each floor of iwoca HQ has a fully stocked fridge for breakfast.
- Enhanced maternity and paternity leave for new parents plus a nursery benefit.
- Unlimited unpaid leave.
- The time and budget to invest in your professional development.
Company values
- Motivated: Going to work shouldn't feel like a slog, so we want everyone in the team to personally care about what they're working on. We stay motivated by celebrating our wins, learning from our mistakes, and always looking for new gaps to step into.
- Smart: At iwoca being smart isn't about what you know, it's about how you think. Smart thinking means looking at each problem by asking ‘why’ first, then figuring out ‘how’.
- Humble: We know all ideas are flawed, all code has bugs, and everyone makes mistakes - it’s how we learn. For us, being humble means you question yourself first, rather than your team.
- Growth Mindset: We think there's always a better way to solve a problem. So we never let ourselves get comfortable with being good enough.
Company HQ
Fitzrovia, London, UK
Articles
Leadership
Christoph Rieche
(CEO)7 years of experience in finance, most recently as a VP at Goldman Sachs.
James Dear
(Head of Systems & Numbers)Previously a VP at Deutsche Bank. Has a PhD in Physics from King's College London.
People progressing
Joined as a Customer Onboarder, moved into the Broker Team and has most recently been promoted to Partnerships Manager.
Diversity, Equity & Inclusion at iwoca
- We work hard to make iwoca a place where everyone feels welcome, where you can confidently be yourself. We understand that diversity isn't an optional add-on, it's the core ingredient of what makes us great.
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