Loan Operations Analyst - Funding Circle
Loan Operations Analyst - Funding Circle

Loan Operations Analyst - Funding Circle

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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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.
  • 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 adaptability are key.
  • Other info: Diversity is celebrated here; all backgrounds are encouraged to apply!

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

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.

Loan Operations Analyst - Funding Circle employer: Funding Circle

At Funding Circle, we pride ourselves on being an exceptional employer that champions the growth of small businesses while fostering a supportive and inclusive work environment. Our London office offers a vibrant culture with hybrid working options, allowing you to enjoy flexibility alongside access to top-notch facilities, including barista-made coffee and subsidised lunches. With a strong focus on employee development, health benefits, and a commitment to diversity, we empower our team members to thrive both personally and professionally.
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Contact Detail:

Funding Circle Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Operations Analyst - Funding Circle

✨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

Engage with current employees on platforms like LinkedIn to gain insights into the company culture and team dynamics. This can help you tailor your approach and demonstrate your enthusiasm for joining the Funding Circle team.

We think you need these skills to ace Loan Operations Analyst - Funding Circle

Attention to Detail
Organisational Skills
Time Management
Problem-Solving Skills
Data Entry Accuracy
Knowledge of KYC Procedures
Familiarity with Financial Documents
Risk Assessment
Quality Assurance
Collaboration Skills
Adaptability
Ability to Work Under Pressure
Repetitive Task Management
Communication Skills

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 align with the responsibilities of the Loan Operations Analyst role.

Highlight Problem-Solving Skills: In your application, provide examples of how you've proactively solved problems in previous roles. This is crucial for demonstrating your ability to identify and mitigate risks, as mentioned in the job description.

Show Willingness to Learn: Express your eagerness to adapt to evolving policies and procedures. Mention any instances where you've successfully learned new systems or processes quickly, which will resonate well with Funding Circle's dynamic environment.

How to prepare for a job interview at Funding Circle

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Loan Operations Analyst. Familiarise yourself with the lending process, KYC checks, and the importance of accuracy in reviewing financial documents.

✨Showcase Your Attention to Detail

Since this role requires excellent attention to detail, prepare examples from your past experience where your meticulousness made a difference. Highlight any instances where you caught errors or improved processes.

✨Demonstrate Problem-Solving Skills

Be ready to discuss how you've proactively identified and resolved issues in previous roles. Think of specific examples that showcase your ability to mitigate risks and handle challenges effectively.

✨Emphasise Team Collaboration

Funding Circle values teamwork, so be prepared to talk about your experience working in collaborative environments. Share examples of how you've contributed to team success and supported colleagues in achieving common goals.

Loan Operations Analyst - Funding Circle
Funding Circle
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