Graduate Credit Analyst

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.

We’re looking for a Graduate Credit Analyst

We continue to grow, and more customers means more credit decisions. Our credit team of 50 analysts is expanding and we’re looking for analysts to assess our customers in a fast, fair and accurate way.

The role

Our team of Credit Analysts are responsible for making lending decisions for each of the UK’s SME businesses that approach iwoca.

Your mission:

• Reviewing credit data, financial statements and other data sources to assess the level of risk involved in lending.

• Conducting thorough due diligence to ensure affordability of credit in line with internal policies.

• Understanding and accurately capturing the specific revenue and risk drivers for SMEs.

• Being responsible for and trusted to make lending decisions.

• Supporting and improving our underwriting framework, through consistent high quality lending decisions to enable us to make better, faster and fairer decisions

• Communicating effectively with our Account Management teams to ensure customer needs are met.

The requirements
We look for people who are smart, humble, motivated and who are always looking to improve.

Ideally, you'll have:

• A UK bachelors or masters degree from which you’ll be graduating in 2026

• 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 motivated and enthusiastic attitude that works well in a regularly changing and fast-paced environment

• This is a hybrid role, requiring 3 days in the office per week

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

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

• 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.

And to make sure we all keep learning, we offer:

• A learning and development budget for everyone.

• Company-wide talks with internal and external speakers.

• Access to learning platforms like Treehouse.

Useful links:

• iwoca benefits & policies

Key responsibilities

• Reviewing credit data, financial statements, and other data sources to assess the level of risk involved in lending.
• Conducting thorough due diligence to ensure affordability of credit in line with internal policies.
• Understanding and accurately capturing the specific revenue and risk drivers for SMEs.