Risk Analyst - Portfolio Team (UK)

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 of our 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 audiences - A team player, with the ability to work confidently and enthusiastically with different people and teams - A 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, 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 gro