Commercial Analyst
full-time•London•£40k - £50k
About this role
We’re looking for a Commercial Analyst
We’re looking for a Commercial Analyst with a passion for data and analytics to power our partnerships strategy. The successful candidate will ensure we’re making data-driven decisions based on robust testing to help grow our partnerships channel, as well as developing and maintaining the business intelligence (BI) and data infrastructure of the team. We’re looking for an inquisitive independent thinker with a proactive can-do attitude. Ready to make an impact? Come join us!
About us
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 Partnerships team plays a key role in driving iwoca’s customer acquisition by delivering cutting-edge embedded finance solutions to small businesses through our powerful Lending API. Working with a diverse range of partners, from globally recognised names to dynamic micro businesses, helping them unlock new growth opportunities.
The team is a mix of commercial, technical, and analytical experts, all united to maximise value from both new and existing partnerships. This role will collaborate closely with the Head of Partnerships, playing a pivotal part in accelerating the growth of our partnerships channel and taking iwoca’s impact to the next level.
Your mission
Key responsibilities include:
Analysis:
Operational and strategic analysis: conduct bespoke analysis to solve business problems and support long term team objectives.
Performance monitoring: identify opportunities for improvement in the customer funnel through working with our Partnership Managers to monitor the performance of individual partners.
New partnerships: support pitching to new partners by providing relevant insights and data.
Reporting and tracking:
Reporting infrastructure: building and maintaining reporting infrastructure used by the team and our Partners.
Cost tracking: Track commission costs for our partners, using these to evaluate the ROI of our partners and the overall team.
Data support:
Data knowledge: be a data champion for the team, helping our team to correctly use and interpret data, and to tackle any issues or questions that arise.
Looker training: work with the team to level up their data skills and empower them to achieve more with our vast amounts of available data.
Collaboration: work with other teams to identify new uses for data and to fix issues with existing data
Requirements
We look for people who are smart, humble, motivated and who are always looking to improve.
Essential:
At least 2 years of experience in a similar analytical role with commercial applications.
Highly proficient in Google Sheets or Microsoft Excel and experience with a business intelligence tool (Looker is most preferable, Tableau, Power BI etc).
Understanding of SQL.
Strong commercial acumen.
Educated to degree level or higher.
Desired:
Background in Mathematics or other quantitative subject.
Experience in fintech or similar industry.
Familiarity with DBT and Snowflake.
Don’t take this list as prescriptive: it’s just to give you a sense of who might do well at the job. We’d still love to hear from you if you don’t hit every point on the list, or if you have other experience.
Salary
We expect to pay from £40,000 - £50,000 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 run quarterly performance and salary reviews.
Our culture
At iwoca, we prioritise a culture of learning, growth, and support, and invest in the professional development of our team members. We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.
Work-life balance is incredibly important at iwoca and we offer flexible working so you can make better use of your free time. This is a role in which you can spend part of your time working from home.
Our offices
We put a lot of effort into making iwoca a brilliant place to work:
Offices in London, Leeds, Berlin and Frankfurt with plenty of drinks and snacks.
Events and clubs, like bingo, comedy nights, yoga classes, football, etc.
Our benefits
Flexible working.
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, 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 emotional and mental health support.
3% Pension contributions and share options.
Generous parental leave and a nursery tax benefit scheme to help you save money.
Cycle-to-work scheme and electric car 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:
What you'll do
- The Commercial Analyst will conduct operational and strategic analysis to solve business problems and support long-term objectives. They will also build and maintain reporting infrastructure and track commission costs for partners.
About iwoca
iwoca was founded to expand possibilities for small businesses.
At iwoca, we believe finance should feel like a superpower, not a headache. That’s why our founders, Chris and James, decided to create a solution custom-built for small businesses. One that strips out the hassle, gets to know what each business needs, and looks for opportunities rather than problems. One that provides access to finance where and when your business needs it.
Our partner integrations and our Lending API mean we can provide access to finance where and when small businesses need it. Our award winning credit risk engine help us make faster, more accurate credit decisions built around the performance of the business.
We are proud to be NACFB Lender of the year, Xero Financial Services App of the year and, most recently, winner of the £10m Banking Competition Remedies grant.
Since 2012, we’ve made funding available to over 50,000 businesses, from cafés to car dealers, salons to solicitors. But we’ve only just started. Our mission is to fund one million small businesses.
Ready to join iwoca?
Take the next step in your career journey
Frequently Asked Questions
What does iwoca pay for a Commercial Analyst?
iwoca offers a competitive compensation package for the Commercial Analyst role. The salary range is GBP 40k - 50k per year. Apply through Clera to learn more about the full compensation details.
What does a Commercial Analyst do at iwoca?
As a Commercial Analyst at iwoca, you will: the Commercial Analyst will conduct operational and strategic analysis to solve business problems and support long-term objectives. They will also build and maintain reporting infrastructure and track commission costs for partners..
Is the Commercial Analyst position at iwoca remote?
The Commercial Analyst position at iwoca is based in London, United Kingdom. Contact the company through Clera for specific work arrangement details.
How do I apply for the Commercial Analyst position at iwoca?
You can apply for the Commercial Analyst position at iwocadirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.