Risk Analyst - Portfolio Team

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

The Credit Risk Modelling team builds and improves the models that drive iwoca’s lending decisions. They combine data science, engineering, and risk expertise to balance automation with human judgement and their work supports everything from underwriting and pricing to portfolio monitoring. The team’s work is central to iwoca’s growth and has a direct impact on both customer outcomes and business performance.

The team includes data scientists, developers, and risk analysts, all working hybrid schedules in London. The team’s work is quite collaborative and there’s always four or five people in the office on a given day. The team plans objectives for each quarter and manages progress with weekly meetings. They also have stand-ups every other day to share concerns and help each other.

The role

You’ll analyse data and contribute to the development ofour credit models. You’ll work with analysts, data scientists, and senior stakeholders to shape iwoca’s lending strategy.

Learn:

Build expertise in the credit domain.

Develop your analytical skills through exposure to different experimental approaches and complex analysis.

Develop commercial influence:

Practice turning data into information, and information into insights, so that you and various stakeholders can deliver improvements with real impact for our customers.

Work on interesting and impactful projects, for example:

Monitoring and refining risk models to improve decision-making and portfolio outcomes

Analysing portfolios and tests to investigate credit performance, identify drivers of change, and adapt lending strategies

Building better tooling, monitoring, and workflows so we catch adversity faster and spend less time on manual work Supporting new product launches and adapting policies to meet investor and regulatory needs

The requirements

Essential:

A quantitative background, such as a degree in mathematics, statistics, economics, engineering, or a related field

Ability to analyse data and generate insights to support decisions

Clear written and verbal communication, with the ability to tailor analysis and recommendations to different audiencesA team player, with the ability to work confidently and enthusiastically with different people and teamsA commitment to using modern tools effectively – including AI – to maximise quality, speed, and rigour, while retaining responsibility for accuracy and outcomes

Bonus:

Experience in B2B or B2C credit risk, lending, and strategy

Proficiency in SQL and Python

Experience with data visualisation tools like Looker The culture

At iwoca, we prioritise a culture of learning, growth, and support, and invest in the development of our team members. We value thought and skill diversity, and encourage people to explore new areas of interest, adopt better tools – including AI – and apply sound judgement so our products and decisions improve over time.

The offices

We put a lot of effort into making iwoca a great place to work:

Offices…