At a Glance
- Tasks: Review and process loan applications to support small businesses in the UK.
- Company: Funding Circle, a leader in SME lending with a mission to empower small businesses.
- Benefits: Flexible working, health insurance, development opportunities, and tailored benefits.
- Why this job: Join a dynamic team making a real impact on small businesses every day.
- Qualifications: 6 months experience in operations or admin, attention to detail, and a willingness to learn.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
The predicted salary is between 28800 - 43200 £ per year.
Join to apply for the Loan Operations Analyst role at Funding Circle UK
Description
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 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 on-boarding 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.
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 £6.9bn of GDP generated). You can read our full Impact Report here: https://www.fundingcircle.com/uk/impact
- To see what our customers think, visit our Trustpilot page: https://uk.trustpilot.com/review/fundingcircle.com
- 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.
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.
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Loan Operations Analyst employer: Funding Circle UK
Contact Detail:
Funding Circle UK 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, especially those at Funding Circle. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Funding Circle’s mission and values, and think about how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice makes perfect! Get a friend to do a mock interview with you. This will help you get comfortable with answering questions and showcasing your skills in a relaxed setting.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a quick thank-you email. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s just good manners!
We think you need these skills to ace Loan Operations Analyst
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 operations or admin roles, especially if you've worked with financial documents before. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about helping small businesses and how you can contribute to our mission at Funding Circle. Keep it concise but impactful – we love a good story!
Show Off Your Attention to Detail: In this role, attention to detail is key. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is accurate and polished!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll get to explore more about us and what we stand for while you’re at it!
How to prepare for a job interview at Funding Circle UK
✨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 terms like KYC checks, financial documents, and risk reports. This will show that you're genuinely interested in 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 experiences where you've demonstrated this skill. Whether it’s catching errors in documents or ensuring compliance with procedures, be ready to discuss how your meticulous nature has benefited your previous employers.
✨Be Ready for Problem-Solving Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you identified issues and implemented solutions, especially in high-volume environments. This will highlight your proactive approach and ability to handle challenges effectively.
✨Emphasise Team Collaboration
Funding Circle values teamwork, so be prepared to discuss how you've worked collaboratively in the past. Share specific examples of how you’ve partnered with others to achieve goals, particularly in fast-paced settings. This will demonstrate that you can thrive in their dynamic environment.