Loan Operations Analyst

Loan Operations Analyst

Full-Time 30000 - 42000 £ / year (est.) No home office possible
Go Premium
Funding Circle Ltd.

At a Glance

  • Tasks: Review and process loan applications to support small businesses in the UK.
  • Company: Join Funding Circle, a leader in SME lending with a mission to empower small businesses.
  • Benefits: Enjoy flexible working, health perks, and a tailored benefits package.
  • Why this job: Make a real impact on small businesses while developing your career in a dynamic environment.
  • Qualifications: 6 months experience in operations or admin, strong attention to detail, and a willingness to learn.
  • Other info: Hybrid working model with a vibrant office space and supportive team culture.

The predicted salary is between 30000 - 42000 £ 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.

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 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. 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 onboarding 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 day-to-day

What we’re 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’t align perfectly with the requirements.

Why join us? At Funding Circle, we celebrate and support the differences that make you, you. We’re proud to be an equal-opportunity workplace and affirmative-action employer. We truly believe that diversity makes us better. As a flexible-first employer we offer hybrid working at Funding Circle, and we’ve long believed in a 'best of both' approach to in-office collaboration and non-office 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’s 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 tax-advantaged 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 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.

Loan Operations Analyst employer: Funding Circle Ltd.

At Funding Circle, we pride ourselves on being an exceptional employer that champions diversity and supports the growth of our employees. With a flexible-first work culture based in London, we offer a vibrant office environment complemented by hybrid working options, comprehensive health benefits, and tailored development opportunities. Join us to make a meaningful impact on small businesses while enjoying a supportive atmosphere that values your unique contributions.
Funding Circle Ltd.

Contact Detail:

Funding Circle Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Operations Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their mission and values, especially how they support small businesses. This will help you tailor your answers and show you're genuinely interested.

✨Tip Number 3

Practice common interview questions and scenarios related to loan operations. Think about how you would handle specific challenges in the role, and be ready to share examples from your past experience.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at Funding Circle.

We think you need these skills to ace Loan Operations Analyst

Attention to Detail
Organisational Skills
Problem-Solving Skills
Ability to Work to Deadlines
Experience in High Volume Operations
Knowledge of Financial Documents
KYC Checks
Quality Assurance
Data Reconciliation
Adaptability
Collaboration Skills
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Loan Operations Analyst role. Highlight any relevant experience in high-volume operations or administrative roles, and don’t forget to showcase your attention to detail and organisational skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about supporting small businesses and how your skills align with our mission at Funding Circle. Keep it concise but impactful!

Showcase Your Problem-Solving Skills: In your application, give examples of how you've proactively solved problems in previous roles. We love candidates who can identify risks and issues and tackle them head-on, so let us know how you’ve done this before!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s super easy, and you’ll be able to see all the details about the role and our amazing company culture!

How to prepare for a job interview at Funding Circle Ltd.

✨Know Your Stuff

Before the interview, make sure you understand the loan operations process and the role of a Loan Operations Analyst. Familiarise yourself with common financial documents, KYC checks, and the importance of accuracy in processing loan applications. This will show that you're serious about the position and ready to hit the ground running.

✨Showcase Your Attention to Detail

Since this role requires excellent attention to detail, prepare examples from your past experience where you've successfully managed high volumes of data or completed repetitive tasks with precision. Highlight how your organisational skills helped you meet deadlines and maintain quality in your work.

✨Be Ready to Problem Solve

Think of scenarios where you've encountered challenges in previous roles and how you resolved them. The interviewers will want to see your proactive approach to problem-solving, especially in a fast-paced environment like Funding Circle. Be prepared to discuss how you identify risks and mitigate issues effectively.

✨Emphasise Your Team Spirit

Collaboration is key in this role, so be ready to talk about your experiences working in teams. Share how you’ve contributed to team goals and supported colleagues in achieving success. This will demonstrate that you’re not just a lone wolf but someone who thrives in a collaborative setting.

Loan Operations Analyst
Funding Circle Ltd.
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>