Logo of Huzzle

Home

Matches

Explore

Manage

Junior Credit Analyst

image

iwoca

21d ago

  • Job
    Full-time
    Junior Level
  • Data
    Banking & Finance
  • Frankfurt

AI generated summary

  • You need 2+ years in SME credit analysis, strong German skills, business acumen, financial statement interpretation, excellent communication, and an analytical mindset for problem-solving.
  • You will assess credit applications, make autonomous decisions, support complex cases, and collaborate with analytics teams to optimize data-driven lending approaches.

Requirements

  • 2 years + experience in commercial loan underwriting, credit sanctioning or credit analysis within the SME sector in Germany
  • Strong business acumen and a working understanding of the risk and revenue drivers that influence the creditworthiness of a loan application
  • Strong German language skills, ideally at native level
  • The ability to interpret & analyse financial statements
  • A motivated and enthusiastic attitude that works well in a regularly changing and fast paced environment
  • Excellent communication skills. You will have direct telephone contact with our customers, daily interaction within credit whilst decisioning and regular contact with other teams on cross functional initiatives
  • An analytical mindset with a practical approach to problem solving. You come up with innovative and scalable solutions to day-to-day problems and suggest changes to processes to improve efficiency

Responsibilities

  • To assess credit applications - you’ll use your experience, a variety of data sources and our tech platform to make fast, fair and accurate decisions.
  • You’ll have autonomy in decisioning, the scope of which will increase over time as you build knowledge of our systems and processes.
  • You will support other analysts on larger and more complex decisions, which is a key part of our workflow.
  • Our credit decisioning is data driven. You’ll work alongside our analytics teams to optimise our approach to lending and adapt your own approach in line with that goal.

FAQs

Do you require prior experience in credit analysis?

Yes, we ask for at least 2 years of experience in commercial loan underwriting, credit sanctioning, or credit analysis within the SME sector in Germany.

Is proficiency in German necessary for this role?

Yes, strong German language skills are required, ideally at native level.

Will I have direct contact with customers?

Yes, you will have direct telephone contact with our customers and daily interaction within the credit team while decisioning.

What is the salary range for this position?

The salary for this role is expected to be between 46,000 EUR and 55,000 EUR, but we are open-minded and encourage you to include your salary goals with your application.

What kind of team culture does iwoca promote?

iwoca promotes a culture of inclusivity and diversity, where everyone feels welcome and can confidently be themselves. We value a growth mindset and teamwork.

Is there a structured training program for new employees?

Yes, we offer company-wide training courses with both internal and external speakers to help you develop your skills and knowledge.

What benefits are provided to employees?

Employees enjoy a variety of benefits including 26 vacation days per year, mental health support, gym membership access, share options, and a paid volunteer day.

How often are salary reviews conducted?

We run quarterly performance and salary reviews to ensure that employee compensation is aligned with market rates.

Are there opportunities for professional development?

Yes, there are opportunities for professional development through training courses and the chance to lead projects that can impact the business.

What is the work-life balance like at iwoca?

Work-life balance is incredibly important at iwoca, and we offer flexible working arrangements to help employees make better use of their free time.

image

iwoca

Technology
Industry
201-500
Employees
2011
Founded Year

Mission & Purpose

iwoca is a fintech company that specializes in providing flexible and accessible small business loans. They offer quick and convenient funding solutions to small and medium-sized enterprises (SMEs) in the United Kingdom and Europe. iwoca's ultimate mission is to empower entrepreneurs and small business owners by providing them with the financial support they need to grow and succeed. Their purpose is to fill the funding gap that traditional banks often overlook, offering accessible and transparent lending options that cater to the specific needs of SMEs. By leveraging technology and data-driven assessments, iwoca aims to simplify the loan application process, make funding more accessible, and support the growth of small businesses, ultimately driving economic prosperity and fostering entrepreneurial success.

Culture & 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.

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.