The company
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.
We’re looking for a Junior Reconciliation Ops Analyst (1 Year Placement)
This position offers an exciting opportunity for an ambitious student to begin their career! You will be learning about and contributing towards the overall finance function within a fast-paced fintech environment. This placement will start in June 2026, on a fixed-term contract for 13 months.
The role
Working as part of our Finance Team the successful placement candidate would take on a range of administrative tasks supporting our Reconciliation Manager and team who has responsibility for financial operations. You will be responsible for:
Directly assisting in the management and organisation treasury administration, liaising with stakeholders both internally (Collections, Account Managers, Transaction Management) and externally (Bank)
Helping collate and input data to build periodic financial reports required internally across the Finance Team
Working alongside the Reconciliation Analyst to undertake the loan book reconciliation process, using our in-house tech-built reconciliation tools to solve reconciliation errors
Monitoring and assisting the team across operational queries from the business that are received daily
Keying and investigating domestic and international payments
Assisting the wider finance team with ad-hoc project requests
The requirements
We look for people who are smart, humble, motivated and who are always looking to improve. Ideally, you'll have:
Extremely accurate with an analytical mindset, excellent attention to detail and strong organisational skills
Currently studying at university (preferably in a numerical-based subject area) and looking for a placement/internship opportunity over the year period 2026/27
Be proficient in the use of Excel and Google Workspace
Can demonstrate high academic achievement through past results in both A-Levels & current university studies
Demonstrates curiosity to use and learn more about AI tools
We work hard to make iwoca a place where everyone feels welcome, where you can confidently be yourself. We understand that diversity isn't an optional add-on, it's the core ingredient of what makes us great.
The culture
At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective.
We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them.
The offices
We put a lot of effort into making iwoca a great place to work:
Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.
The benefits
Flexible working hours.
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 per year, 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 external counselling and therapy sessions for team members that need emotional or mental health support.
3% Pension contributions on total earnings.
An employee equity incentive scheme.
Generous parental leave and a nursery tax benefit scheme to help you save money.
Electric car scheme and cycle to work 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:
iwoca benefits & policies
What We Do
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.
