Credit Underwriter

We’re on a mission to back the UK’s small businesses like no one else. Small businesses are the backbone of the economy, and we’re here to help them win. We’ve built a platform that uses clever data to get them the funding they need in minutes, not weeks. At Funding Circle, we have the restless energy of a fintech start-up with the stability of a public company. It’s a unique mix that gives Circlers the autonomy to take ownership and the scale to make an impact that truly counts. We’re a high-performing team that chooses to lift each other up. We challenge, we champion, and we have each other’s backs - because we know that when we stand together, we move faster and build better. The impact is real: Last year alone, the businesses on our platform generated £7.2bn for the UK economy.

The role is based in London (Hybrid) with 3 days in the office and offers a competitive salary plus benefits. 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.

• 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, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day.

What we’re looking for: We value deep expertise, but a growth mindset and good energy are what really make our team click. We’re a group that chooses to lift each other up and think smart every day.

• 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.

We’re building a place where everyone truly feels they belong. Even if your past experience doesn’t align perfectly with every requirement, we’d still love to hear from you.

Why join us? We back you to build an incredible career. As a flexible-first employer, we use a "best of both" approach. We’ll see you in our London office to collaborate – with barista coffee and subsidised Just Eat lunches on us!

Our Circler Proposition focuses on five areas:

• Flexibility: We provide a benefit allowance you can tailor to your own life and family.
• Health: This includes private medical and dental, health assessments, and access to a digital GP.
• Wealth: We offer life assurance, share schemes, and financial coaching.
• Development: You get a dedicated annual learning allowance to help you level up.
• Lifestyle: We have electric car and cycle-to-work schemes, plus season ticket loans.

We also have award-winning parental leave policies. We’re here to support you through the big life moments, from fertility treatments to new additions to the family. Ready to join a mission that matters? We’d love to chat!