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Data Scientist - Acquisition Tech Team

iwoca
City of London
1 day ago
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Imagine a world where every small business has the power to thrive. That's the world we're building at iwoCA. Small businesses aren’t just statistics – they’re the heartbeat of our communities, the character of our high streets, and the engine of our economy. Since 2012, we’ve revolutionised how these businesses access finance, turning what was once a lengthy, frustrating process into something remarkable: funding that's fast, flexible, and actually works for modern businesses.

Data Scientist - Acquisition Technology
Hybrid in London, United Kingdom

The Company
Our impact speaks for itself: we've provided billions in funding to more than 150,000 businesses across Europe, making us one of the continent's leading fintech innovators. But we’re just getting started. Our mission? To empower one million businesses with the financial tools they deserve.

The function
iwoCA's Data Scientists specialise in supervised machine learning, statistical inference and exploratory data analysis, focusing on tabular and time series data. Our work emphasises quantitative predictions through the analysis of conditional probabilities and expectations, using medium-sized datasets.

The team
The DE Acquisition Tech team sits at the heart of iwoCA’s growth strategy. Its mission is to help Marketing and Sales reach and engage small businesses of every kind, showing how our finance can empower their ambitions.

The role
As a Data Scientist in the DE Acquisition Tech team, you’ll shape how iwoCA grows. You’ll design and evaluate experiments, build statistical and predictive models, and turn complex data into clear insights.

The projects
You’ll shape projects that:

  • Run controlled experiments across paid and organic channels, generating evidence on what drives conversions.
  • Build and refine frameworks for Paid Search and Paid Social, enabling smarter bidding and more effective performance.
  • Develop statistical attribution models to give clear insight into channel impact.
  • Design predictive lead scoring models that help target valuable prospects more effectively.

The Requirements
Essential:

  • Expertise in probability and statistics, gained through a quantitative field such as Mathematics, Physics, Statistics or similar.
  • Ability to understand business context and translate data into actionable insights that guide decisions.
  • Proficiency with data manipulation and modelling tools such as pandas, statsmodels or R.
  • Experience with scientific computing tools such as NumPy, SciPy, R, Matlab, Mathematica or BLAS.
  • Ability to work autonomously and manage projects end to end, from framing the question to delivering outcomes.
  • Ability to communicate clearly in writing and speech, adapting technical detail to suit different audiences.
Bonus:
  • Understanding of Bayesian statistics, including experience or interest in applying hierarchical Bayesian models.
  • Experience building machine learning models from scratch, including creating custom optimisers.
  • Knowledge of stochastic processes and related mathematical techniques.
  • Experience working with Python, our primary programming language.
  • Understanding of financial concepts such as deterministic cash flows.

The salary
We expect to pay from £60,000 - £90,000 for this role.

The culture
At iwoCA, we prioritise a culture of learning, growth, and support, and invest in the professional development of our team members.

The Benefits

  • Flexible working hours
  • Medical insurance from Vitality, including discounted gym membership
  • A private GP service for you, your partner, and your dependents
  • 25 days’ holiday per year, an extra day off for your birthday, and unlimited unpaid leave
  • A one-month, fully paid sabbatical after four years
  • Instant access to external counselling and therapy sessions
  • 3% Pension contributions on total earnings
  • An employee equity incentive scheme
  • Generous parental leave and a nursery tax benefit scheme
  • Electric car scheme and cycle to work scheme
  • Two company retreats a year

iwoCA is an equal opportunities employer and welcomes applications from all qualified candidates.


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