Data Scientist - Proposal Team

We are here because we believe in small businesses. We believe they deserve better than waiting weeks for a loan. We also believe it's our responsibility to help them grow.

We started in 2012 with these fundamental principles and have remained true to them, especially now that we are one of the fastest-growing fintechs in Europe. Along the way, we have developed the best tech platform in lending, earned several awards, and delivered over £3.5 billion in loans to more than 100,000 enterprises.

So, what's next? Our current goal is to assist one million businesses that need us. This will require new products and partnerships. Above all, we need smart, proactive individuals to join us on this journey and help us reach our objective.

The Role

We are looking for a Data Scientist with a strong appetite for coding and working with raw data. It's irrelevant whether you are called an Engineer, Physicist, or Mathematician. What truly matters to us is your curiosity, perpetual learning, and insatiable hunger for excellence in what you do.

Our Data Scientists leverage statistical modelling and machine learning techniques to develop state-of-the-art algorithms. Using Python (Pandas, NumPy, and Scikit-learn), they work in a dynamic, fast-paced, collaborative environment to create data-driven solutions that significantly impact the business.

Our Offers team's responsibility is to optimize loan offers for our customers, ensuring a smooth user experience for viewing and accepting offers. As a Data Scientist within the Offers team, your main task would be to determine the offer terms (e.g., pricing, amounts) we should present to our customers to maximize offer acceptances and generate value for iwoca. You will analyze observational data, identify hypotheses for potential unknown relationships, ascertain these hypotheses' commercial relevance, then design and implement tests to examine them.

Requirements

• Strong mathematical background, such as in Engineering, Mathematics, Physics, or similar.
• Background in Probability & Statistics.
• Programming experience in Python, Java, C/C++ or similar.
• Self-motivated and capable of working independently in an unstructured environment.
• Proven experience with machine learning techniques.
• Understanding of computer science fundamentals.
• Experience with Pandas, NumPy, SciPy, R, Matlab, and/or SQL.

For this role, we anticipate a salary range of £45,000 - £60,000. However, we're open to discussion, so ensure to include your in your application. We regularly benchmark our salaries against market rates and reward our team members for their growing contributions to our business.

At iwoca, we prioritize a culture of learning, development, and support, and we invest in the professional evolution of our team members. You'll access ample opportunities for skill-building, mentorship, and career advancement. You'll be able to chart your career path, focusing on frontend, venturing into full-stack, or enhancing your skills in project and people leadership.

We value intellectual and skill diversity. We encourage you to explore new areas of interest to help us innovate and enrich our products and services.

Our friendly and inclusive environment, complemented by our flexible working practices, ensures a perfect balance between work and life, enabling you to thrive both personally and professionally.

Benefits

We put immense effort into making iwoca a fantastic place to work:

• Offices in London, Leeds, and Frankfurt.
• Activities and clubs such as bingo, comedy nights, yoga, and football.
• Two company retreats a year, we've visited France, Italy, Spain, and even more distant spots.
• Abundant drinks and snacks in our offices.

We offer a broad range of benefits:

• Health insurance from Vitality, including a gym membership discount.
• 25 days' holiday and an extra day off on your birthday.
• Instant access to emotional and mental health support with our partner, Spill.
• Generous maternity leave and shared parental leave.
• A nursery tax benefit scheme to help you save money.
• Paid volunteering time to support your chosen charity.
• Additional leave for travel or study purposes.
• A fully paid one-month sabbatical after four years.
• Cycle-to-work and electric car schemes.

And to ensure continuous learning, we offer:

• A Learning & Development budget for everyone, including a book budget.
• Company-wide talks with internal and external speakers.
• Access to learning platforms like Treehouse, Frontend-Masters and Pluralsight.

Useful Links:

• iwoca benefits & policies:
• Interview welcome pack: