At a Glance
- Tasks: Join our team as a Loan Operations Analyst, processing loan applications for small businesses.
- Company: Funding Circle is dedicated to empowering small businesses with fast and efficient funding solutions.
- Benefits: Enjoy hybrid working, private medical insurance, and a tailored benefits allowance.
- Why this job: Make a real impact on small businesses while working in a supportive and diverse environment.
- Qualifications: 6-24 months experience in operations or admin roles; attention to detail and adaptability are key.
- Other info: We celebrate diversity and offer flexible working arrangements in our modern London office.
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.
- 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:
- Someone with 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.
- Someone with an 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 desirable but not essential.
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!
A few highlights of our benefits include:
- Flexibility: Benefit allowance to tailor your benefit selection.
- Health: Private Medical Insurance, Dental Insurance, Health Cash Plan, Health Assessments, eyecare vouchers, flu jabs, 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, a tax-advantaged share scheme, and discounts across numerous retailers.
- 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 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.
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 interactions. 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 the company’s mission and values will help you connect better during interviews and discussions.
We think you need these skills to ace Analyst - Funding Circle
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Loan Operations Analyst at Funding Circle. Familiarise yourself with the key tasks such as reviewing loan applications and performing KYC checks.
Tailor Your CV: Highlight relevant experience in high-volume operations or administrative roles. Emphasise your attention to detail, organisational skills, and any familiarity with financial documents, as these are crucial for the role.
Craft a Compelling Cover Letter: Use your cover letter to express your passion for supporting small businesses and how your skills align with Funding Circle's mission. Mention specific examples from your past experiences that demonstrate your problem-solving abilities and adaptability.
Proofread Your Application: Ensure that your CV and cover letter are free from errors. A well-presented application reflects your attention to detail, which is essential for the Loan Operations Analyst position.
How to prepare for a job interview at Funding Circle
✨Understand the Role
Make sure you thoroughly read the job description and understand the responsibilities of a Loan Operations Analyst. Be prepared to discuss how your skills and experiences align with the tasks mentioned, such as reviewing financial accounts and performing KYC checks.
✨Showcase Attention to Detail
Since this role requires excellent attention to detail, be ready to provide examples from your past experiences where your meticulousness made a difference. Highlight any specific instances where you caught errors or improved processes through careful review.
✨Demonstrate Problem-Solving Skills
The ability to proactively identify and mitigate risks is crucial in this position. Prepare to discuss scenarios where you successfully solved problems in a fast-paced environment, showcasing your analytical thinking and decision-making skills.
✨Express Willingness to Learn
Funding Circle values adaptability and a willingness to learn. Be open about your eagerness to grow within the company and adapt to evolving policies and procedures. Share examples of how you've embraced change in previous roles.