---
title: 'Full-Stack Engineer - Broker Terms Team at iwoca'
canonical: 'https://feeny.ai/job/full-stack-engineer-broker-terms-team-iwoca-london-x8bhjbmtva8m'
type: 'job'
last_seen: '2026-11-08'
---

# Full-Stack Engineer - Broker Terms Team at iwoca

- **Company:** iwoca
- **Location:** London, United Kingdom
- **Compensation:** £60k–£85k
- **Employment:** full-time
- **Posted:** 2026-10-27
- **Last confirmed live:** 2026-11-08
- **Apply:** https://jobs.ashbyhq.com/iwoca.co.uk/7bb3f2ea-3b6f-4b36-ae08-bf0ce7d49cb6

## Job description

Full-Stack Engineer - Broker Terms Team Hybrid in London, United Kingdom

We're looking for a Full-Stack Engineer to join the Broker Terms team. You’ll build the systems behind every offer iwoca makes through brokers, and see your work in the terms each business gets.

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.

The team Broker Terms is a growing team that owns the full offer terms strategy for businesses that come to iwoca through a broker – both first-time and repeat customers. It sets pricing, loan amounts, durations, and broker commissions, and owns the offer user interface (UI) brokers use in the Introducer Portal. The broker network is iwoca's biggest acquisition channel, and the team is directly responsible for the terms that win those customers. The team is small and interdisciplinary – commercial strategy, engineering and data science. It turns business questions into quantitative problems, and findings into timely decisions. It works on short-term gains and longer-term bets, and judges both by Customer Lifetime Value – what a business is worth to iwoca across all its borrowing. There are no fixed office days, and the team meets up for lunch once or twice a month.

## The role

As a full-stack engineer in Broker Terms, you'll make changes across iwoca's codebase wherever they'd improve an offer. Most of it is backend – the code that calculates each offer's terms – with some frontend on the UI where brokers see them. You'll own features and projects from scoping and design through to production, and choose how to build them. You'll help decide what goes on the team's roadmap. You'll learn from the team's experienced engineers, and from the people who price broker offers. The team is light on process – a daily stand-up, a weekly meeting and regular retrospectives – and you'll have a say in how it works. Brokers see your changes in the Introducer Portal, and A/B tests show you which ones raised Customer Lifetime Value. Your work helps businesses get the funding they need. Live project examples:

- Model-based pricing. Developing the systems that let a model set bespoke pricing for each customer.
- No-fee test. Testing how the product performs without drawdown fees, and how that changes the way customers repay.
- Loan durations. Building longer-duration Flexi-Loans with flexible repayments.
- Offer display. Improving how offers appear to brokers and customers – a better journey, and easier testing for the team's data scientists.
- Commission systems. Upgrading iwoca's broker commission systems.

The requirements Essential:

- Backend engineering. You've designed and built backend systems that run in production, ideally in Python, Django and PostgreSQL. You've modelled their data with performance and maintenance in mind.
- Frontend engineering. You've built and maintained user interfaces in production, ideally in TypeScript and React.
- Ownership. You've taken features end to end, and kept them working once people relied on them.
- Trade-offs. You've weighed delivery speed against the long-term health of a system, and can explain what you chose and why.
- AI leverage. You've built agentic workflows, or used AI to scale your engineering output beyond what you could deliver alone. You judge when to use it and when not to.
- Communication. You write and speak clearly, directly, and concisely. You adapt technical detail to your audience.

Bonus:

- DevOps. You've used containers and CI/CD pipelines to deploy your code.
- Experimentation. You've worked on A/B tests or other experiments, and used the results to decide what to build next.
- Product thinking. You've found the business need behind a feature request, and planned the technical work to meet it.
- Financial services. You've worked on lending, payments or pricing systems.

The salary We expect to pay from £60,000 to £85,000 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.

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](https://coda.io/@iwocauk/iwoca-benefits-policies-uk)
- [Interview welcome pack](https://coda.io/@iwocauk/interview-welcome-pack-tap)

## About iwoca

## Company Overview
- **One-liner**: iwoca is a fintech company that provides fast, flexible business loans and financial products to small and medium-sized enterprises (SMEs) in the UK and Germany.
- **Entity Type**: Private (Series D; cumulative debt and equity investment exceeds £1 billion)
- **Headquarters**: London, United Kingdom (additional offices in Leeds, Frankfurt, and Berlin)
- **Founded**: October 2011
- **Founders**: Christoph Rieche (CEO), James Dear (Co-founder)

## Core Business
- **Primary industry/industries**: Financial services – small business lending and embedded finance.
- **Target customers**: B2B – small and medium-sized enterprises (SMEs) in the UK and Germany.
- **Mission/purpose**: “Rebuild finance for small businesses” – to fund one million small businesses and give them straightforward access to finance without the friction of traditional banks.

## Products & Services
- **Flexi-Loan (Core Product)**: Unsecured business loan from £1,000 to £1,000,000 (UK) / €500,000 (Germany). Apply in 5 minutes, decision within 24 hours, repay early for free. Interest from 1.5% per 30 days, terms up to 5 years.
- **iwocaPay**: An integrated trade credit and payment solution that lets suppliers get paid instantly while giving trade customers up to £30,000 with instalment options (1, 3, or 12 months).
- **iwoca Business Credit Card** (launched May 2026): Up to £250,000 credit line with 1% cashback on all spending, up to 42 days interest-free, no annual/FX/late payment fees.

## Market Standing
- **Valuation**: Not publicly disclosed.
- **Key Metric**: Total funding raised (including debt facilities) exceeds **£1 billion** since 2012; cumulative lending of approximately **£4 billion** to over **100,000 businesses**.
- **Notable Investors/Partners**: Citibank, Insight Investment, Barclays, Värde Partners, Pollen Street Capital, Augmentum (led Series D in 2019), UK Government’s Capability & Innovations Fund.
- **Growth Signals**: 
  - Headcount grew ~30% in the past year (now ~500+ “iwocans”).
  - Loan book grew over 50% year-on-year.
  - Expanded into Germany (2015) and opened an office in Leeds.
  - Achieved net profitability in Q4 2022 and has remained profitable since.
  - Won “UK’s Top 50 Fintechs to Work For” (2025) by Welcome To The Jungle.

## Competitive Advantages
- **Speed and technology**: Fully automated, lightning-fast lending software – first lender in the UK to use Open Banking to connect with large banks.
- **Customer experience**: 5-minute application, 24-hour decision, free early repayment, Trustpilot-recognised customer service.
- **Product innovation**: Launched iwocaPay (trade credit) and a business credit card, expanding beyond basic loans.
- **Scale and data**: Over a decade of lending data and a proprietary credit analysis model that blends automation with human judgment.

## Strategic Focus
- **Expand product suite**: Continue growing iwocaPay and the new business credit card to offer a full financial toolkit for SMEs.
- **Geographic growth**: Deepen presence in Germany and the UK while maintaining profitability.
- **Scale to one million businesses**: Increase loan book, approval volumes, and customer base through technology and partnerships.

## Why Work Here
- **Culture**: Values-driven (“Growth Mindset”, “Humble”, “Smart”, “Motivated”). Emphasis on learning from mistakes, celebrating wins, and personal ownership.
- **Flexibility**: Hybrid/remote-friendly with flexible working arrangements. Twice-yearly team trips to locations like Sicily or the French Alps for co-working weeks.
- **Benefits**: Comprehensive health insurance, cash plan, discounted gym membership, annual stock options for all employees, enhanced maternity/paternity leave, nursery benefit, unlimited unpaid leave, dedicated learning time and budget.
- **Office life**: Each floor of London HQ has stocked fridges for breakfast/snacks, monthly social mixers.
- **Visa sponsorship**: Available for suitable roles.
- **Recognition**: 4.7 rating on Glassdoor, named a top fintech employer in 2025.

## Sources
1. [iwoca.co.uk – Careers](https://www.iwoca.co.uk/careers)
2. [iwoca.co.uk – About Us](http://iwoca.co.uk/about-us)
3. [iwoca.co.uk – Homepage](https://www.iwoca.co.uk/)
4. [Wikipedia – Iwoca](https://en.wikipedia.org/wiki/Iwoca)
5. [LinkedIn – iwoca](https://uk.linkedin.com/company/iwoca)

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