Risk 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 Risk Analyst You'll support & refine our lending strategy within Germany, including supporting new growth initiatives, designing & analysing tests, supporting the development of our scorecards and underwriting strategy, and managing our portfolio risk. Working closely with data scientists, credit analysts and cross functional teams, you’ll solve analytical problems to help us provide small & medium size businesses in Germany with the funds they need to grow. The team The Lending Strategy team decides who iwoca lends to in Germany, and on what terms. Its work covers model development, lending strategy, and portfolio risk. The team works closely with Data Science (credit models), Product, tech teams, Operations Strategy, and our team of Credit Analysts. The team’s work is central to iwoca Germany’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 role We're looking for a curious and motivated individual to join our Lending Strategy team as a Risk Analyst. You’ll work with analysts, data scientists, and senior stakeholders to shape iwoca Germany’s lending strategy. Key responsibilities include: Build expertise in the credit domain. Develop your analytical skills through exposure to different experimental approaches and complex analysis. Play a leading role in providing insightful analytics on the risk profile of our lending book and assisting with lending strategy decisions. Partner with key stakeholders within Team Germany in order to provide credit risk expertise to multi-disciplinary projects. Work closely with the data science teams to improve our credit assessment scorecards & strategies (both for our automated and manual underwriting processes). Develop and maintain reporting dashboards, presenting a clear picture of the state of our lending. Practice turning data into information, and information into insights, so that you and various stakeholders can deliver improvements with real impact for our customers. The requirements We look for people that are smart, humble, motivated and who are always looking to improve. Essential: A degree in a quantitative field such as Mathematics, Physics, Engineering, or similar. 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. An analytical mindset with a practical approach to problem solving. A bucket-load of common sense. 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. Experience with SQL and Python Experience with data visualisation tools like Looker The salary We expect to pay from £40,000–£55,000 for this role. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and ru