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Instant Working Capital

Structured Modeller

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Join one of Europe’s leading Fintech startups

At iwoca we believe finance should make life easier, not harder, for small businesses. When small businesses go to traditional lenders they are forced to deal with long waits, absurdly rigid criteria, and impersonal bureaucracies. We believe small businesses deserve a financing service that strips out the hassle; that gets to know each customer’s needs; that generates opportunities instead of problems. iwoca is finance, custom-built to expand possibilities for small business.

This role is within the Fintech team at iwoca, an analytical and engineering team focussed on the concerns of our Finance function. Since 2012, we've made finance available to over 50,000 businesses across Europe and lent over £1 billion. Our customers include everything from cafés to car dealers, salons to solicitors.

Your mission will be:

  • Application of structured modelling techniques, primarily to build tools for understanding profitability.
  • Analysis of our financial covenants.
  • Continuous additions and improvements to our self-serve reporting infrastructure.
  • Ad-hoc work to support new the creation of new commercial agreements including financing transactions.


We look for people that are smart, humble, motivated and who are always looking to improve. Ideally, you’ll have:

  • Strong analytical background, e.g PhD or degree in Mathematics, Physics, Engineering, Computer Science or a related field; or equivalent knowledge.
  • Established experience from working in industry, ideally with exposure to structured modelling in a financial context.
  • Strong programming skills (Python or other)
  • Polyvalent. You’re likely to be getting hands on with modelling, engineering, and reporting to varying degrees.
  • Self-starter with ability to work autonomously in a relatively unconstrained environment.
  • A healthy skepticism and desire to build innovative, but practical, solutions to business problems.


In return, you’ll get a say in how things are done, the opportunity to make a difference to small business owners, and to work on big and challenging projects.

What’s life like as an iwocan?

We all enjoy:

  • Bright, modern office spaces in Tottenham Court Road and Covent Garden
  • Two company retreats a year (in places like the French Alps or Spanish seaside)
  • Pool, ping pong, foosball tables and tournaments and yoga
  • An ever-growing number of clubs including climbing, chess, football and boxing
  • Plenty of drinks and snacks in our office kitchen
  • A paid volunteering day each year, for you to support your chosen charity

Just for you:

  • Medical insurance from Vitality, including discounted gym membership
  • Stock options
  • Enhanced maternity and shared parental leave
  • A workplace nursery tax benefit scheme
  • 25 days holiday per year and an extra day off on your birthday
  • Extra leave if you want to travel or study
  • Special celebrations for anniversaries and long service including sabbatical
  • Flexible working
  • Cycle-to-work scheme

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

  • Tickets to tech conferences across Europe
  • Company-wide talks with internal and external speakers
  • A calendar of meetups we host at our office
  • Access to learning platforms like Treehouse if you want to learn to code

iwoca at a glance

Instant Working Capital

iwoca focuses on Financial Services, E-Commerce, Credit, and Fin Tech. Their company has offices in London. They have a large team that's between 201-500 employees. To date, iwoca has raised $46.8M of funding; their latest round was closed on October 2016.

You can view their website at http://www.iwoca.co.uk or find them on Twitter and LinkedIn.

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