At a Glance
- Tasks: Review and process loan applications to support small businesses in the UK.
- Company: Funding Circle helps small businesses thrive by providing fast, efficient funding solutions.
- Benefits: Enjoy hybrid working, flexible benefits, private medical insurance, and subsidised lunches.
- Why this job: Join a dynamic team making a real impact on local economies and small businesses.
- Qualifications: 6-24 months experience in operations or admin; attention to detail and adaptability are key.
- Other info: Diversity is celebrated here; all backgrounds are encouraged to apply!
The predicted salary is between 28800 - 43200 ÂŁ per year.
Loan Operations Analyst
We are looking for a Loan Operations Analyst in our Operations team.
Our Loan Operations Team is focused on supporting the efficient and accurate flow of \âborrowers\â through our lending process. We partner with our Sales Team and Underwriters to assess, verify, and document each loan opportunity.
Who are we?
We\âre Funding Circle. We back small businesses to succeed.
At Funding Circle, we believe the world needs small businesses. That\âs why we\âve made it our mission to help them get the finance they need to grow.
With more than a decade of expertise under our belt, we\âve built a game-changer of a platform with cuttingâedge data and technology that\âs reshaping the landscape of SME lending. Say goodbye to lengthy applications and hello to lightningâfast decisions! In just minutes, SMEs across the UK can get a decision, giving them access to competitive funding in a flash.
We know that good business is about good people. So we pride ourselves on providing meaningful, human support as well as fast, hassle free processes to deliver an unbeatable customer experience.
The role
This is a busy admin role where you will be reviewing and processing loan applications to provide fast, efficient funding to small businesses in the UK.
Reviewing financial accounts, bank statements and risk reports to process loan applications
Completing know your customer (KYC) checks during the borrowers onâboarding journey and referring cases to our AML and Fraud teams where required
Use third party systems to collect information on the applicant and their business
Perform rigorous quality assurance: Reconcile loan documents and internal system data for completeness and accuracy
Working in a collaborative team environment
Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your dayâtoâday
What we\âre looking for
At least 6 months experience in a high volume operations or administrative role
Ability to work to deadlines and business goals in a fast paced, dynamic environment
Excellent attention to detail, self motivation, strong organisational skills and ability to follow procedures
Ability to complete tasks that are repetitive in nature
Willingness to learn and adapt with ever evolving policies and procedures
It would be great, but not essential, if you had familiarity with financial documents, bank statements and identification documents
At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn\ât align perfectly with the requirements.
Want to learn more?
We have a huge impact on the businesses that borrow through our platform, the communities they serve and the overall economy (last year ÂŁ6.9bn of GDP generated). You can read our full Impact Report here: https://www.fundingcircle.com/uk/impact
To see what our customers think, visit our Trustpilot page: https://uk.trustpilot.com/review/fundingcircle.com
And we\âre still evolving! Our awardâwinning multiâproduct platform is solving more SME finance challenges than ever before. We think big, rally together and meet the needs of SME customers like no other.
Why join us?
At Funding Circle, we celebrate and support the differences that make you, you. We\âre proud to be an equalâopportunity workplace and affirmativeâaction employer. We truly believe that diversity makes us better.
As a flexibleâfirst employer we offer hybrid working at Funding Circle, and we\âve long believed in a \âbest of both\â approach to inâoffice collaboration and nonâoffice days. We expect our teams to be in our London office three times a week, where you can take advantage of our newly refurbished hybrid working space, barista made coffee and subsidised lunches (via JustEat) every day!
We back our Circlers to build their own incredible career, making a difference to small businesses every day. Our Circler proposition is designed to support employees both in and out of work, and it is anchored around four pillars: Health, Wealth, Development & Lifestyle.
A few highlights:
Flexibility: We provide you with a benefit allowance so that you can tailor your benefit selection to you and your family\âs needs.
Health: Private Medical Insurance, Dental Insurance, Health Cash Plan, Health Assessments (including female fertility health assessments), eyecare vouchers, flu jabs, Wellhub (for discounted flexible gym membership and access to wellbeing apps) access to a free Employee Assistance Programme and free Digital GP for yourself and any children under 16.
Wealth: Life Assurance, Income Protection, Critical Illness Cover, financial coaching through Octopus Money Coach, a taxâadvantaged share scheme, a free mortgage advisor partnership and discounts across numerous retailers through Perks at Work.
Development: Dedicated annual Learning & Development allowance and full access to internal learning platform.
Lifestyle: Electric Car Scheme, Cycle to Work scheme, Season Ticket Loans, and more!
And finally, we have awardâwinning parental leave policies supporting parents through enhanced maternity, partner and adoption leave, as well as additional leave for parental bereavement and for fertility treatments.
Ready to make a difference? We\âd love to hear from you.
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Loan Operations Analyst employer: Funding Circle Ltd.
Contact Detail:
Funding Circle Ltd. Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Loan Operations Analyst
â¨Tip Number 1
Familiarise yourself with the loan application process and the types of financial documents typically involved. Understanding these will help you speak confidently about your ability to review and process applications efficiently.
â¨Tip Number 2
Network with professionals in the lending and finance industry. Attend relevant events or join online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at Funding Circle.
â¨Tip Number 3
Demonstrate your problem-solving skills by preparing examples of how you've identified and mitigated risks in previous roles. This will show that you can handle the dynamic environment at Funding Circle.
â¨Tip Number 4
Research Funding Circle's mission and values thoroughly. Being able to articulate how your personal values align with theirs during an interview can set you apart as a candidate who truly understands their commitment to supporting small businesses.
We think you need these skills to ace Loan Operations Analyst
Some tips for your application đŤĄ
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Loan Operations Analyst. Familiarise yourself with the lending process and the importance of accuracy in reviewing financial documents.
Tailor Your CV: Highlight your relevant experience in high-volume operations or administrative roles. Emphasise your attention to detail, organisational skills, and any familiarity with financial documents to align with what Funding Circle is looking for.
Craft a Compelling Cover Letter: Use your cover letter to express your passion for supporting small businesses and how your skills can contribute to Funding Circle's mission. Mention specific experiences that demonstrate your problem-solving abilities and adaptability in fast-paced environments.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at Funding Circle Ltd.
â¨Understand the Role
Make sure you thoroughly understand the responsibilities of a Loan Operations Analyst. Familiarise yourself with the lending process, KYC checks, and the importance of accuracy in reviewing financial documents. This will help you answer questions confidently.
â¨Showcase Your Attention to Detail
Since this role requires excellent attention to detail, prepare examples from your past experience where you successfully managed tasks that required precision. Highlight how you ensured accuracy in your work, especially in high-volume environments.
â¨Demonstrate Problem-Solving Skills
Be ready to discuss situations where you identified and resolved issues proactively. Funding Circle values individuals who can mitigate risks and improve processes, so share specific examples that showcase your problem-solving abilities.
â¨Emphasise Your Adaptability
The lending landscape is always evolving, so it's crucial to show that you're willing to learn and adapt. Discuss any experiences where you had to adjust to new policies or procedures quickly, demonstrating your flexibility and eagerness to grow.