Graduate Credit Analyst, iwoca
German Speaking
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1-3 days a week in office (Fitzrovia, London)
Online loans for small businesses
Job no longer available
Online loans for small businesses
201-500 employees
Job no longer available
+ Share options
1-3 days a week in office (Fitzrovia, London)
201-500 employees
Company mission
To fund one million small businesses.
Role
Who you are
- We look for people that are smart, humble, motivated and who are always looking to improve
- A good understanding of how businesses operate, including their main risk and revenue drivers
- The ability to interpret financial statements to evaluate business performance
- An analytical mindset with a practical approach to problem solving
- Excellent communication skills. You will be in direct contact with applicants via phone and email to better understand their business
- A confident and enthusiastic attitude that works well in a regularly changing and fast paced environment
- A bucket-load of common sense
- Fluent German speaker with a high level of written and spoken English - note that we require fully fluent German level (i.e. you’ve grown up speaking German or have learnt it to CEFR C2 level or similar)
What the job involves
- As a Credit Analyst you will be responsible for each lending decision made and will help us make better lending decisions, support our growth plans and help even more small businesses
- Your main goals will include processing all applications in a timely manner and accurately assessing the credit risk for each application
- Analyse credit data, financial statements and other data sources to determine the level of risk involved in lending
- Conduct thorough due diligence to ensure affordability of credit in line with internal policy
- Understand and accurately capture the specific revenue and risk drivers for SMEs
- Adapt your underwriting to match a variety of different businesses, from local bakeries to highly specialised manufacturers
- Be responsible for making lending decisions independently
- Be actively involved in improving the decision making framework, through developments to our systems and processes
- Work closely with the Tech and Analytics team to improve systems and our scorecard to enable us to make better, faster and fairer decisions
- Communicate effectively with our Account Management team to ensure customer needs are met at all times
Salary benchmarks
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
Funding (last 2 of 8 rounds)
Aug 2025
$15.6m
SERIES D
Aug 2019
$13.2m
GRANT
Total funding: $112.4m
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.
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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