Junior Paralegal, iwoca
£25-29k
+ Share options
More information about location
2+ days a week in office
Online loans for small businesses
Posted today
Online loans for small businesses
201-500 employees
Posted today
£25-29k
+ Share options
More information about location
2+ days a week in office
201-500 employees
Company mission
To fund one million small businesses.
Role
Who you are
- Great organisational and time management skills
- Ability to think on your feet while following Collections and Litigation processes and policies
- Excellent communication skills and teamwork - you’ll be liaising with colleagues across the business and also external suppliers
- Ability to prioritise and organise workload
- Ability to learn quickly and develop both new and existing skills
- Strong attention to detail with high levels of accuracy
- Confident to raise issues that may need addressing or suggest improvements to existing processes
- Ability to perform well under the pressure of multiple deadlines
- Entrepreneurial spirit with a real enthusiasm for helping SMEs
- Previous legal/administrative experience would be ideal but is not essential
- Previous knowledge of Google Docs and Google Sheets would be beneficial
- Be smart, humble and motivated
What the job involves
- We're looking for a Junior Paralegal within our in-house Litigation team, you will support the effective and smooth running of the collections and Litigation function through undertaking tasks to ensure the timely drafting and filing of documents, together with other administrative tasks to aid the department as a whole. This is a fantastic opportunity to build your career in a dynamic, fast paced environment
- Draft legal correspondence with support from Senior Paralegals
- Work closely with team members in Collections and Litigation to ensure clerical order across the department, facilitating positive customer outcomes
- Handle inbound and outbound correspondence for the department
- Collection and delivery of physical post each day
- Assist Collection Managers & Paralegals with referrals to third parties, such as Solicitors, High Court Enforcement Officers and Insolvency Practitioners
- File records and log incoming mail
- Draft letters as part of the legal process
- Contribute to process improvements and knowledge sharing within the team
- Keep accurate system records of activities, observations and outcomes within the Collections and Litigation processes
- Alert relevant Collector or Paralegal of issues requiring their attention
- Ensure compliance with all appropriate legislation regulatory body guidelines and adhere to our company policies and procedures
Our take
UK SMEs 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 and offer more to larger SMB businesses. And 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 at Welcome to the Jungle
Insights
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 8 rounds)
Aug 2025
$15.9m
SERIES D
Aug 2019
$13.5m
GRANT
Total funding: $114m
Company benefits
- Work where you work best: Twice a year we rent houses in places like Sicily and the French Alps where each team can work together for a week poolside. We champion flexible working in all our teams
- Invest in iwoca: We want people to be invested in iwoca's success so after six months you'll be awarded share options
- Keep yourself healthy: We offer comprehensive health insurance and cash plans. You'll also get gym discounts and we host yoga classes in the office every week
- Start (and end) your day right: Each floor of iwoca HQ has a fully stocked fridge for breakfast and every Friday we unwind with beers and wine
- Life-work balance: We know your life outside of work comes first. We offer enhanced maternity and paternity leave for new parents plus a nursery benefit. We also have unlimited unpaid leave
- Learning and development: Whether you want to learn to code, experiment with motion design, or beat cognitive biases, you'll have 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
(Co-Founder & CEO)Previously spent 7 years at Goldman Sachs as a Vice President before co-founding iwoca in 2011.
Joost Versteeg
(CMO)Joost initially joined iwoca in 2017 as an Intern. Since then, they have held a number of roles, from Growth Analyst to Head of Commercial Strategy and became CMO in 2024.
People progressing
Serita joined as a Customer Onboarder, before moving into the Broker Team. Most recently they have been promoted to Partnership Manager.
Leo joined in 2018 as a Client Onboarder. Since then, they have worked in a number of roles and now serve as the Product Manager.
Jenny originally joined the Client Onboarding team and now leads the Customer Success department for the German business.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
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.
Share this job
View 43 more jobs at iwoca