At a Glance
- Tasks: Join our team to review and process loan applications for small businesses.
- Company: Funding Circle helps small businesses thrive with fast, efficient lending solutions.
- Benefits: Enjoy hybrid working, private medical insurance, and a dedicated learning allowance.
- Why this job: Make a real impact on small businesses while working in a supportive, diverse environment.
- Qualifications: 6-24 months experience in operations or admin; attention to detail and adaptability are key.
- Other info: Flexible-first employer with a focus on career development and employee well-being.
The predicted salary is between 28800 - 43200 £ per year.
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 borrowers through our lending process. We partner with our Sales Team and Underwriters to assess, verify, and document each loan opportunity.
At Funding Circle, we believe the world needs small businesses. That's why we've 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've built a game-changer of a platform with cutting-edge data and technology that's reshaping the landscape of SME lending. Say goodbye to lengthy applications and hello to lightning-fast decisions! In just minutes, SMEs across the UK can get a decision, giving them access to competitive funding in a flash.
The role involves reviewing and processing loan applications to provide fast, efficient funding to small businesses in the UK. Responsibilities include:
- Reviewing financial accounts, bank statements and risk reports to process loan applications.
- Completing know your customer (KYC) checks during the borrowers on-boarding journey and referring cases to our AML and Fraud teams where required.
- Using third party systems to collect information on the applicant and their business.
- Performing 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 day-to-day.
What we're looking for:
- 6-24 months experience in a high volume operations or administrative role.
- Able to work to deadlines and business goals in a fast paced, dynamic environment.
- Excellent attention to detail, self motivated, strong organisational skills and ability to follow procedures.
- Willingness to learn and adapt with ever evolving policies and procedures.
- Familiarity with financial documents, bank statements and identification documents is a plus.
At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn't align perfectly with the requirements.
As a flexible-first employer we offer hybrid working at Funding Circle, and 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 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, anchored around four pillars: Health, Wealth, Development & Lifestyle.
A few highlights include:
- Health: Private Medical Insurance, Dental Insurance, access to free online therapy sessions and exclusive discounts for reproductive health support.
- Wealth: Free mortgage advisor partnership and discounts across numerous retailers.
- Development: Dedicated annual learning allowance and full access to internal learning platform.
- Lifestyle: Fitness discounts, Electric Car Scheme and more!
We have award winning 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'd love to hear from you.
Analyst - Funding Circle employer: Funding Circle
Contact Detail:
Funding Circle Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst - Funding Circle
✨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.
✨Tip Number 2
Highlight any experience you have in high-volume operations or administrative roles during your conversations. This will demonstrate your capability to thrive in a fast-paced environment, which is crucial for the Analyst position.
✨Tip Number 3
Showcase your problem-solving skills by preparing examples of how you've identified and mitigated risks or issues in previous roles. This aligns well with the proactive approach Funding Circle values in their team.
✨Tip Number 4
Engage with Funding Circle's online presence, such as their Trustpilot page and Impact Report. Being knowledgeable about their mission and customer feedback can help you connect better during interviews and show your genuine interest in the company.
We think you need these skills to ace Analyst - Funding Circle
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Loan Operations Analyst position. Understand the key responsibilities and required skills, such as reviewing financial accounts and performing KYC checks.
Tailor Your CV: Customise your CV to highlight relevant experience in high-volume operations or administrative roles. Emphasise your attention to detail, organisational skills, and any familiarity with financial documents.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for joining Funding Circle. Mention how your skills align with their mission to support small businesses and your willingness to learn and adapt in a dynamic environment.
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
✨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.
✨Showcase Your Attention to Detail
Since this role requires excellent attention to detail, prepare examples from your past experience where you successfully identified errors or improved processes. This will demonstrate your capability to handle the rigorous quality assurance needed in the role.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving skills. Think of scenarios where you had to identify and mitigate risks or issues in a fast-paced environment, and be ready to discuss how you approached these challenges.
✨Express Your Willingness to Learn
Funding Circle values adaptability and a willingness to learn. Be prepared to discuss how you've adapted to changes in previous roles and express your enthusiasm for growing within the company and learning about new policies and procedures.