At a Glance
- Tasks: Coordinate deal flow, ensuring submissions are accurate and progressing quickly.
- Company: Join a dynamic team reshaping SME finance with a people-first approach.
- Benefits: Competitive salary, flexible working, and plenty of office snacks.
- Other info: Fast-paced environment with opportunities for personal and professional growth.
- Why this job: Make a real impact by helping businesses access the funding they need to grow.
- Qualifications: Strong commercial instinct and excellent organisational skills required.
The predicted salary is between 30000 - 40000 £ per year.
At mcl, we help small and medium-sized businesses access the capital they need to grow – quickly, clearly, and with care. Since 2018, we’ve supported over 2,000 SMEs across the UK, and we’re not slowing down. We believe finance should work better for the people building our economy. That means fewer hurdles, faster answers, and support that feels human, not transactional. We back ambition with real funding, smart tools, and a team that gets what running a business really takes. Our model puts people over paperwork. We work with brokers and with business owners to deliver funding that fits – without the faff.
Our mission is to reshape SME finance and level the playing field – funding that’s fast, fair, and fits for the businesses of the future.
Our G.E.M.S values
- Growth: Not just business growth – personal growth, team growth, process growth. We level up.
- Enthusiasm: No fake hype. Just energy, urgency, and actually giving a toss.
- Maintaining Accountability: Own your actions and interactions. If it’s off, say it. If it’s broken, fix it.
- Seeing Strategically: Eyes on the big picture. Help us make smarter long-term moves.
THE ROLE
We’re looking for a sharp, commercially minded Underwriting Coordinator to sit at the centre of our deal flow - bridging brokers, sales, and credit to keep decisions moving fast and clean. You’ll act as the first line on deals, shaping submissions, coordinating with underwriting, and ensuring strong opportunities are packaged and progressed properly. This isn’t a pure underwriting role. It’s about owning the flow of deals, maintaining quality, and helping get the right deals over the line — quickly and efficiently. You’ll work closely with brokers and internal teams to structure deals, manage expectations, and remove friction from the process. This is a high-impact role where organisation, commercial instinct, and pace are essential - knowing when to push, when to challenge, and how to keep momentum without compromising credit quality.
Key Responsibilities
- Own the flow of incoming deals, acting as the central point between brokers, sales, and underwriting to ensure submissions are complete, accurate, and moving quickly.
- Review financials, bank statements, credit reports, and supporting documents to assess deal quality and readiness before underwriting.
- Work closely with underwriters to shape and position deals — ensuring strong opportunities are clearly presented and progressed efficiently.
- Coordinate deal structuring discussions across credit and sales, aligning on facility size, pricing, term, and overall commercial approach.
- Manage broker and internal communication throughout the deal lifecycle — setting expectations, chasing information, and removing friction.
- Identify risks, gaps, or inconsistencies early, working to resolve issues or redirect deals before formal underwriting.
- Maintain high standards of submission quality while balancing speed and deal momentum.
- Provide clear, constructive feedback to brokers and sales teams to improve future submissions and overall conversion.
- Track deal progress, bottlenecks, and conversion performance — highlighting areas for improvement across process and pipeline.
- Support continuous improvement of underwriting workflows, data capture, and deal tracking to enhance speed, quality, and consistency.
What we’re looking for
- Strong commercial instinct with a solid understanding of credit — able to spot good deals, flag risks, and know what’s worth pushing.
- Highly organised and detail-focused — nothing gets missed, nothing gets dropped, even under pressure.
- Comfortable operating at pace in a high-volume environment — able to manage multiple deals without losing quality or momentum.
- Clear, direct communicator — confident dealing with brokers, sales, and credit teams, and able to keep everyone aligned.
- Process-driven but commercially aware — understands how to shape and position deals so they land well with underwriting.
- Confident reviewing financials, bank statements, and supporting documents to assess deal strength and readiness.
- Proactive and solution-oriented — doesn’t just flag problems, works to resolve them and keep deals moving.
Bonus: Experience in unsecured, short term SME underwriting.
Why Join Us?
- Competitive salary and path for progression.
- Flexible and supportive working environment.
- Office snacks.
Underwriting Coordinator employer: mcl finance
At mcl, we pride ourselves on being an exceptional employer that champions personal and professional growth within a dynamic and supportive work culture. Located in Birmingham, our team thrives on collaboration and enthusiasm, ensuring that every employee has the opportunity to make a meaningful impact while enjoying competitive salaries and flexible working arrangements. Join us to be part of a mission-driven company that values accountability and strategic thinking, all while providing the tools and resources necessary for your success.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Coordinator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like mcl finance. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Underwriting Coordinator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to mcl finance.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on mcl finance's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at mcl finance
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with mcl finance.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at mcl finance will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former mcl finance employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
