General Manager

About Elect Elect is a dynamic UK-based lending brand specializing in short-term, high-value loans for SMEs. With a focus on speed, flexibility, and innovative underwriting, Elect empowers small businesses with the capital they need to thrive. We are seeking a highly motivated and experienced General Manager to lead our operations and drive growth. This is a new brand by mclfinance. Role Overview The General Manager will own the day-to-day operations of Elect Capital UK Limited, ensuring seamless execution of lending processes, efficient team management, and achievement of strategic objectives. You will play a critical role in launching the brand, building operational frameworks, and managing relationships with internal and external stakeholders. Key Responsibilities Strategic Leadership Develop and implement operational strategies to achieve lending volume targets (£5M–£10M per month within 6 months). Collaborate with the mclfinance SLT to align operational goals with the company’s vision and growth plans. Analyze market trends and competitors to identify opportunities for innovation and differentiation. Operational Management Oversee the end-to-end lending process, from application to repayment, ensuring compliance with internal policies and regulatory requirements (e.g. broker disclosures and AML). Establish and monitor KPIs for lending volumes, default rates, and collections efficiency. Implement efficient workflows for underwriting, collections, and customer service. Manage relationships with brokers and partners, ensuring high-quality lead generation and retention. Team Leadership Recruit, train, and manage a high-performing team, including collections, underwriting, and business development staff. Act as a mentor and leader, fostering a culture of accountability and continuous improvement. Coordinate with seconded staff from MCL Finance to optimize resource allocation. Technology Implementation Work with IT teams to enhance the technology stack, including reporting tools, open banking integration, and customer portals. Ensure systems are user-friendly, scalable, and aligned with business needs. Qualifications and Skills Essential Proven experience (5+ years) in a leadership role within financial services, fintech, or lending. Strong knowledge of SME lending, underwriting, and collections processes. Exceptional operational and strategic management skills. Experience managing P&L, budgets, and financial performance. Familiarity with regulatory and compliance requirements. Ability to build and manage high-performing teams. Excellent communication, negotiation, and stakeholder management skills. Desirable Experience in short-term or high-risk lending. Knowledge of open banking technology and fintech innovations. Exposure to managing cross-border operations or partnerships. What We Offer Competitive salary and performance-based bonuses. (OTE £100,000 pa) Opportunity to lead a high-growth brand and shape its future. Collaborative and dynamic work environment. Career development and advancement opportunities within the MCL Finance ecosystem. To Apply: Please send your CV and a cover letter detailing your relevant experience and vision for the role to davinia@mclfinance.com .