Credit Underwriter in London

We are looking for a Credit Underwriter in our Underwriting team. Our Underwriting Team helps small businesses raise funding by assessing the creditworthiness of each borrower to give them access to our fast and flexible loans. The Credit Underwriter role will expose you to a fast‐paced, high‐performance lending culture and expand your skill set for a successful career in risk management.

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:

• Analyse data (annual accounts, bank statements, credit reference agency data) to determine the degree of risk involved in extending credit to SME borrowers on a loan‐by‐loan basis.
• Enhance the quality of loan decisions by integrating market, industry, and portfolio insights into your credit decisions.
• Further your knowledge of UK SMEs, including accounting practices, industry and financing standards, payment behaviour and relevant legal aspects to help us evaluate credit risk correctly.
• Provide a best‐in‐class experience for our borrowers by reviewing all loan applications efficiently and in accordance with our internal quality standards.
• Contribute to the ongoing development of systems, processes and business practices by sharing recommendations to improve efficiency and capacity.
• Advise and guide colleagues to ensure that commercial opportunities are maximized without compromising Funding Circle's risk management.
• Proactively problem‐solve, identify and confidently mitigate any risks, issues or control weaknesses that arise in your day‐to‐day activities.

What we’re looking for:

• An inquisitive mind‐set, openness to change, willingness to challenge the status quo and a great work ethic.
• Experience in credit analysis (Ideally SME lending).
• Strong analytical, decision‐making, and communication skills.
• A firm understanding of UK accounting standards.

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.

Want to learn more? We have a huge impact on the businesses that borrow through our platform, the communities they serve and the overall economy (last year £7.2bn of GDP generated). You can read our full Impact Report here: Impact Report. To see what our customers think, visit our Trustpilot page: Trustpilot. And we’re still evolving! Our award‐winning multi‐product platform is solving more SME finance challenges than ever before. We think big, rally together and meet the needs of SME customers like no other.

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.

Benefits 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.