At a Glance
- Tasks: Join our team to review and process loan applications for small businesses.
- Company: Funding Circle helps small businesses thrive by providing quick access to finance.
- Benefits: Enjoy a hybrid work model, subsidised lunches, and private medical insurance.
- Why this job: Make a real impact on communities while working in a supportive and diverse environment.
- Qualifications: 6 months of experience in admin or operations roles; attention to detail is key.
- Other info: We value diversity and encourage all applicants, regardless of experience.
The predicted salary is between 28800 - 43200 £ per year.
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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 ‘borrowers’ through our lending process. We partner with our Sales Team and Underwriters to assess, verify, and document each loan opportunity.
Who are we?
We’re Funding Circle. We back small businesses to succeed. 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, we’ve built a platform with cutting-edge data and technology that’s reshaping SME lending. We enable quick decisions, providing SMEs across the UK access to funding within minutes.
We pride ourselves on good people, meaningful support, and fast, hassle-free processes to deliver an unbeatable customer experience.
The role
This is a busy admin role involving reviewing and processing loan applications to provide quick funding to small businesses in the UK.
- Review financial accounts, bank statements, and risk reports during loan processing.
- Perform KYC checks during borrower onboarding and escalate cases as needed.
- Use third-party systems to gather applicant and business information.
- Ensure data accuracy through quality assurance and reconciliation.
- Collaborate within a team environment.
- Identify and mitigate risks proactively.
What we’re looking for
- At least 6 months experience in high-volume operations or admin roles.
- Ability to meet deadlines in a fast-paced environment.
- Excellent attention to detail, motivation, organizational skills, and procedural adherence.
- Comfort with repetitive tasks.
- Willingness to learn and adapt to evolving policies.
- Experience with financial documents is a plus but not required.
We are committed to diversity. Please apply even if your experience doesn’t match all requirements.
Want to learn more?
- Impact on businesses, communities, and the economy (last year £6.9bn of GDP).
- Customer reviews on Trustpilot.
- Our evolving multi-product platform.
Why join us?
We celebrate diversity and are an equal-opportunity employer. Our hybrid work model includes in-office collaboration in London three times a week, with benefits like a refurbished workspace, coffee, and subsidized lunches.
We support career growth and well-being through four pillars: Health, Wealth, Development, and Lifestyle, including benefits like private medical insurance, life assurance, flexible benefits, and more.
Our parental leave policies are comprehensive, supporting parents through various stages and needs.
Ready to make a difference? We’d love to hear from you.
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Loan Operations Analyst employer: Funding Circle
Contact Detail:
Funding Circle Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Operations Analyst
✨Tip Number 1
Familiarise yourself with the lending process and the specific role of a Loan Operations Analyst. Understanding how loan applications are processed and the importance of KYC checks will help you stand out during discussions.
✨Tip Number 2
Highlight your experience in high-volume operations or admin roles during any informal conversations or networking opportunities. This will demonstrate your ability to thrive in a fast-paced environment, which is crucial for this position.
✨Tip Number 3
Showcase your attention to detail by preparing examples of how you've ensured data accuracy in previous roles. Being able to discuss specific instances where you mitigated risks or improved processes can make a strong impression.
✨Tip Number 4
Engage with current employees on platforms like LinkedIn to gain insights into the company culture and the team dynamics. This can provide you with valuable information to tailor your approach and demonstrate your enthusiasm for joining Funding Circle.
We think you need these skills to ace Loan Operations Analyst
Some tips for your application 🫡
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 admin roles. Emphasise your attention to detail, organisational skills, and ability to meet deadlines, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation to work at Funding Circle. Mention your willingness to learn and adapt, and how your skills align with their mission to support small businesses.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Ensure there are no spelling or grammatical errors, and that all information is accurate and clearly presented.
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 data accuracy. This will help you answer questions confidently and demonstrate your interest in the role.
✨Showcase Your Attention to Detail
Since this role requires excellent attention to detail, prepare examples from your past experiences where you successfully managed high-volume tasks while maintaining accuracy. Highlight any specific tools or methods you used to ensure quality assurance.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle repetitive tasks. Think of situations where you identified risks or improved processes, and be ready to discuss how you approached these challenges.
✨Demonstrate Your Team Spirit
Collaboration is key in this role, so be prepared to discuss your experience working in teams. Share examples of how you contributed to team success and how you handle feedback or conflict within a group setting.