iwoca

Product Strategy Associate

Join iwoca as they are looking for a Product Strategy Associate

We’re here because we believe in small businesses. We believe they deserve better than waiting weeks for a loan. And we believe it’s our job to help them grow.

We started in 2012 with these principles, and we hold true to them today – now that we’re one of the fastest-growing fintechs in Europe. In the time between, we’ve built the best tech platform in lending, won several awards and opened up £3.5 billion in loans to over 70,000 businesses.

So what’s next? Our mission now is to help one million businesses who need us. To do this, we’ll need new products and partnerships. But most of all, we’ll need smart, hands-on people to join us on the journey and get us to our goal.
We work hard to make iwoca a place where everyone feels welcome - we want everyone to confidently be themselves. For us, diversity isn't an optional add-on. It's the thing that makes us great.

It's full of creativity, passion and ambition under our hood and there is oodles of stuff left to do. We are looking for people who bring diversity of thought and experience, have a passion for tackling big problems and want to build meaningful products and services for small businesses. If that’s you, then read on.

Strategy at iwoca helps chart the course of the business, working directly with our CEO and the broader leadership team. This is an opportunity to crack Board-level strategic questions, as well as get your hands dirty helping improve the solutions we offer to business customers. We’re building a world-class strategy engine to help us make the best decisions and take our business to the next level.

Requirements

At iwoca, we are constantly looking for ways to improve our lending products and features, so that we can attract and serve more small business owners with access to finance. We are looking for people who bring diversity of thought and experience, have a passion for tackling big problems and want to build meaningful products and services for small businesses.

As a Product Strategy Associate, you will:

  • Identify improvements to our lending proposition. This could include changes to the mechanics of existing lending products or even the development of completely new products
  • Analyse the potential impact of different propositions and model outcome scenarios, based on internal data and market research
  • Build and execute launch plans for features or products, collaborating with distribution, product, engineering, risk management, finance and operations teams
  • Structure lending proposition tests, thinking through the different ways to gather insights. Estimate resources needed to launch a test based on cross functional teams’ input, and opportunity costs associated with launching or delaying a test
  • Monitor test performance, working with the relevant business and data analysts, and make recommendations on the lending proposition roadmap as a result.

You’ll work on a variety of fast-paced projects, learning from tests and effecting changes which really make an impact.

In this role, you will have significant exposure to senior management, as well as stakeholders from across the business (including Tech & Analytics, Risk, Marketing & Finance). Your mission will be to develop and test lending products and features. You’ll get a say in how things are done, the opportunity to make a difference to small business owners, and the chance to work on big and challenging projects.


What we’re looking for

  • Experience in a high-performing role. You know about frameworks for analysing issues, structuring effective presentations and solving complex problems
  • Someone who is strategic and has strong commercial instincts
  • Analytical skills (we live, breathe and sleep data) and the ability to take on risk and make decisions with limited initial information, and then update your views as you learn what works and what doesn’t
  • The capability to work with multiple teams to solve complex problems. People will be there to help you when you need it, but you’ll own the projects you’re working on and will be accountable for driving growth.
  • Strong written and verbal communication skills. You’ll be able to concisely and clearly explain the benefits of new products or features - internally and to our customers
  • Some experience working with digital customer journeys. You have a baseline knowledge of how to deliver a product through a digital channel and are able to work well with PMs, designers and developers
  • Detailed technical knowledge of lending products would be a plus

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.

We work hard to make iwoca a place where everyone feels welcome - we want everyone to confidently be themselves. For us, diversity isn't an optional add-on. It's the thing that makes us great.

Benefits

Our benefits

We put a lot of effort into making iwoca a brilliant place to work:

  • Offices in London, Leeds and Frankurt
  • Events and clubs, like bingo, comedy nights, yoga classes, football…
  • Two company retreats a year, we’ve been to France, Italy, Spain and further afield
  • Plenty of drinks and snacks in our offices.

Our benefits package is second-to-none:

  • Medical insurance from Vitality, including discounted gym membership
  • 25 days’ holiday and an extra day off for your birthday
  • Instant access to emotional and mental health support with our partner, Spill
  • Share options
  • 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
  • Extra leave if you want to travel or study
  • One-month fully paid sabbaticals after 4 years
  • Cycle-to-work scheme and electric car scheme

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

  • An L&D budget for everyone, including a book budget
  • Company-wide talks with internal and external speakers
  • Access to learning platforms like Treehouse if you want to learn to code.