Principal Engineer

Principal Engineer Offers Team

Hybrid in London / Remote within the UK

Were hiring a Principal Engineer

Lead the evolution of our offers generating systems and associated architecture. Youll build and improve critical systems shape iwocas technical vision and collaborate with crossfunctional teams to deliver innovative datadriven solutions.

The company
Imagine a world where every small business has the power to thrive. Thats the world were building at iwoca. Small businesses arent just statistics theyre the heartbeat of our communities the character of our high streets and the engine of our economy. Since 2012 weve revolutionised how these businesses access finance turning what was once a lengthy frustrating process into something remarkable: funding thats fast flexible and actually works for modern businesses.
Our impact speaks for itself: weve provided billions in funding to over 150000 businesses across Europe making us one of the continents leading fintech innovators. But were just getting started. Our mission To empower one million businesses with the financial tools they deserve.
We combine cuttingedge technology and data science with genuine human understanding to make finance feel less like a barrier and more like a superpower. Whether its managing cash flow or seizing unexpected opportunities we ensure businesses get the funds they need often within minutes.

The team

The Offers team owns our offer generation engine. Theyre responsible for designing and optimising the systems that determine the most relevant loan offers for new customers including features like pricing credit limits and other offer terms. The team continuously experiments with new product ideas and ensures these are delivered through an intuitive highperforming digital experience. This involves close collaboration across engineering product data and design to align offer strategy with customer needs and business goals.

The role

Youll play a key role in realising iwocas longterm vision for a dynamic datadriven offer strategy. Youll lead the design and development of systems that intelligently tailor loan offers including pricing amounts and other offer terms to each customer based on their unique profile and needs. This means moving beyond static rules to build scalable adaptive systems that integrate realtime data and business logic. Your work will be central to how we deliver the right product to the right customer at the right time a capability thats critical to iwocas future growth.

Technical autonomy:

• Rearchitect the teams code to meet an ambitious set of everchanging challenges though youll need to collaborate with principal engineers in other teams to design and deliver a coherent system as the system evolves to meet our longterm goals.

• Conceive projects for the team to continuously improve aspects of various systems and processes.

Leadership and influence:

• Lead the evolution of our system architecture to optimise customer journeys and enhance offer generation processes.

• Build strong stakeholder relationships mentor junior developers and foster a culture of learning and innovation. The systems that relate to new applications are fundamental to iwocas success.

• Share a clear technical vision that aligns with longterm goals while working closely with tech product and analytics teams.

Startupup culture in a scaleup environment:

• Enjoy open communication and access to leadership without layers of bureaucracy.

• Embrace the energy and adaptability of a startup where decisions are made quickly and every day brings new opportunities and challenges.

• Collaborate with teams that use shared systems and infrastructure with support from common resources like a DevOps team.

The requirements

Essential:

• Expertise in systems architecture including designing and managing complex domain models. .

• Advanced proficiency in software development using an objectoriented language.

• Businessorientation: you can collaborate with stakeholders to translate complex challenges into scalable solutions. You have owned technical systems that deliver business outcomes in fastpaced environments.

• Demonstrable leadership skills: you have mentored juniors and inspired teams to deliver crossfunctional projects. You can balance handson coding with strategic planning.

• Experience building and shaping large systems in complex business domains.

Bonus:

• Experience with Python Django or PostgreSQL.

• Familiarity with data analytics and Machine Learning processes.

• An understanding of complex data systems including eventsourced data models.

• A strong numerical or technical background ideally with a degree in maths physics computer science engineering or a related field.

• Frontend development experience.

The salary

We expect to pay fromfor this role. But were openminded 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 we prioritise a culture of learning growth and support and invest in the professional development of our team members. We value diversity in thought and skill and encourage you to explore new areas of interest to help us improve our products and services.

The offices

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

• Offices in London Leeds and Frankfurt with plenty of drinks and snacks

• Events and clubs like bingo comedy nights yoga classes football etc.

The benefits

• Flexible working hours

• Medical insurance from Vitality including discounted gym membership and a private GP service for you your partner and your dependents.

• 25 days holiday an extra day off for your birthday the option to buy or sell an additional 5 days of annual leave unlimited unpaid leave and onemonth fully paid sabbatical after 4 years.

• Instant access to emotional and mental health support with our partner Spill.

• Pension and share options.

• Generous parental leave and a nursery tax benefit scheme to help you .

• Paid volunteering day to support your chosen charity.

• Cycletowork scheme and electric car scheme.

• Two company retreats a year weve 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.

• Companywide talks with internal and external speakers.

• Access to learning platforms like Treehouse.

Useful links:

• See iwoca benefits & policies for detail and some additional benefits.

• See Interview welcome pack to learn more about the process.