At a Glance
- Tasks: Join our team to review and process loan applications for small businesses.
- Company: Funding Circle helps small businesses thrive with fast, efficient lending solutions.
- Benefits: Enjoy hybrid working, health perks, and a tailored benefits allowance.
- Other info: Diversity is celebrated here; all backgrounds are encouraged to apply!
- Why this job: Make a real impact on small businesses while developing your skills in a supportive environment.
- Qualifications: 6 months experience in operations or admin, attention to detail, and a willingness to learn.
The predicted salary is between 28800 - 43200 € per year.
Job 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
- 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
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.
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!
Ready to make a difference? We'd love to hear from you.
Loan Operations Administrator - Funding Circle in London employer: Funding Circle
At Funding Circle, we pride ourselves on being an exceptional employer that champions the growth of our employees while making a significant impact on small businesses across the UK. Our flexible-first work culture, combined with a comprehensive benefits package including private medical insurance, tailored development opportunities, and a vibrant London office environment, ensures that our team members thrive both personally and professionally. Join us to be part of a diverse and inclusive workplace where your contributions truly matter and you can help shape the future of SME lending.
StudySmarter Expert Advice🤫
We think this is how you could land Loan Operations Administrator - Funding Circle in London
✨Tip Number 1
Familiarise yourself with the loan application process and the types of financial documents typically involved. Understanding these will help you speak confidently about your ability to review and process applications efficiently.
✨Tip Number 2
Highlight any experience you have in high-volume operations or administrative roles during your conversations. This will demonstrate your capability 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 successfully managed repetitive tasks in the past. This will illustrate your ability to maintain accuracy and quality assurance in your work.
✨Tip Number 4
Be ready to discuss how you approach problem-solving and risk mitigation. Providing specific examples of challenges you've faced and how you overcame them will highlight your proactive mindset, which is essential for this role.
We think you need these skills to ace Loan Operations Administrator - Funding Circle in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience, especially in high-volume operations or administrative roles. Emphasise skills like attention to detail, organisational abilities, and any familiarity with financial documents.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for supporting small businesses and your understanding of the lending process. Mention specific examples from your past experiences that demonstrate your problem-solving skills and ability to work under pressure.
Highlight Relevant Skills:In your application, clearly outline your skills that align with the job description, such as your ability to complete KYC checks, perform quality assurance, and work collaboratively in a team environment.
Show Enthusiasm for the Company:Express your enthusiasm for Funding Circle's mission to support small businesses. Mention how you resonate with their values and how you can contribute to their goals, particularly in enhancing customer experience.
How to prepare for a job interview at Funding Circle
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Loan Operations Administrator. Familiarise yourself with the lending process, KYC checks, and the importance of accuracy in financial documentation.
✨Showcase Your Attention to Detail
Since this role requires excellent attention to detail, prepare examples from your past experiences where you successfully managed tasks that required precision. Highlight how you ensured accuracy in your work.
✨Demonstrate Problem-Solving Skills
Be ready to discuss situations where you identified and mitigated risks or issues in a previous role. This will show your proactive approach and ability to handle challenges effectively.
✨Express Willingness to Learn
Funding Circle values adaptability, so convey your eagerness to learn and grow within the company. Share instances where you adapted to new policies or procedures in your previous roles.
