At a Glance
- Tasks: Evaluate business applications and make credit decisions while improving underwriting systems.
- Company: Join Ramp, a fast-growing fintech revolutionising finance for businesses.
- Benefits: Flexible PTO, health stipends, and unlimited AI token usage.
- Other info: Dynamic role with opportunities for growth and collaboration across teams.
- Why this job: Shape how companies manage billions and drive impactful financial decisions.
- Qualifications: 4+ years in underwriting or credit risk management with strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
About Ramp
Ramp is building the smart infrastructure for finance teams, embedded in the transaction flow of every dollar a business spends. We automate how over $200B in annualised spend flows in and out of 70,000+ companies: authorising payments, flagging risk, categorising spend, and closing books. The problems are high-stakes, data-dense, and unforgiving. We hire people with high agency and high urgency. We look for slope over intercept. We care less about where you trained and more about what you’ve built. At Ramp, everyone is a builder who owns problems end to end and makes consequential decisions that shape the outcome. The median Ramp customer saves 5% and grows revenue 16% in their first year – far in excess of businesses operating without Ramp. We believe every ambitious company deserves the same. If you want to build systems that directly shape how companies move and manage billions, Ramp is the place to do it.
About the Role
Ramp is looking for a Risk Operations Specialist to join our Underwriting team in Europe. You’ll help evaluate businesses applying to Ramp, make credit and risk decisions, and improve the systems we use to assess customers across our products. This is an early regional role. You’ll work with teammates across Risk Operations, Credit Strategy, Product, Engineering, Sales, and Customer Support while helping define what great underwriting coverage looks like supporting EU and US applicants. The work requires sound judgment, comfort with financial data, and the ability to make clear decisions when information is incomplete. You’ll thoughtfully apply AI and automation to help the team move faster, improve consistency, strengthen review quality, and scale operations.
The best candidates bring underwriting or credit risk experience, strong written judgment, and a high ownership bar. You should be comfortable working independently, documenting your reasoning, and improving the process as you learn where the gaps are.
What You'll Do
- Review new business applications and make underwriting recommendations across Ramp’s corporate card and bill pay products for EU and US applicants.
- Analyse financial statements, bank data, bureau information, application details, and other risk signals to assess business health and repayment ability.
- Recommend the right underwriting outcome, such as approval, decline, a lower limit, a request for more information, or another risk control.
- Communicate with customers clearly and professionally when additional financial information or context is needed.
- Maintain high-quality decisions while managing a queue with defined SLAs and quality expectations.
- Build and improve underwriting documentation, workflows, and operating procedures as Ramp expands regional coverage.
- Partner with Risk Strategy, Product, Engineering, Sales, and Customer Support to improve policies, tools, and customer experience.
- Monitor underwriting outcomes and surface trends, gaps, or emerging risks that should inform policy or tooling changes.
- Use AI and automation thoughtfully to improve speed, consistency, review quality, and operational leverage.
What You Need
- 4+ years of experience in underwriting, credit risk management, commercial lending, credit operations, or a related risk role.
- Experience in corporate cards, small business cards, payments, invoices, lending, fintech, banking, or related financial services.
- Strong financial analysis skills, including comfort reviewing financial statements, bank data, transaction activity, and other business health indicators.
- Clear written and verbal communication, especially when explaining sensitive underwriting decisions or requesting customer information.
- Strong investigative judgment and the ability to make defensible decisions with incomplete or conflicting data.
- Comfort operating independently in a fast-moving environment, especially as one of the first regional underwriting team members.
- Strong attention to detail and discipline around documentation, quality, and SLA management.
- Demonstrated AI fluency, including experience building and implementing AI-driven workflows.
- Experience underwriting businesses in European markets or working with EU-based financial services customers.
- Experience building or improving underwriting SOPs, risk playbooks, dashboards, or operational workflows.
Nice to Haves
- Experience at a high-growth startup or scaling operations team.
- SQL, Python, or analytics experience.
- Experience working directly with Sales, Account Management, Customer Support, Product, Engineering, or Risk Strategy teams.
- Experience supporting extended-hours, weekend, holiday, or regional coverage models.
Work Schedule Requirements
Ramp serves customers across time zones, and this role is intended to expand our underwriting coverage outside standard US business hours. Candidates should be comfortable with a schedule that supports European customer needs and may include occasional weekend or holiday coverage depending on the final operating model.
Benefits available to all full-time Ramp employees (Global)
- Flexible PTO
- Unlimited AI token usage
- Centralised home-office equipment ordering
- Health and wellness stipend
- Budget for intra-office travel
- Weekly coffee stipend
United States
- 100% medical, dental & vision insurance coverage for you, with partial coverage for dependents
- One Medical annual membership
- 401(k), including employer match on contributions made while employed by Ramp
- Fertility HRA (up to $10,000 per year)
- Parental leave: up to 16 weeks (birthing + bonding) or 8 weeks (bonding only) at 100% pay
- Pet insurance
- In-office perks: lunch, snacks, drinks, and more
- Relocation support to NYC or SF (as needed)
Canada
- Group medical, dental, and vision coverage through Sun Life
- Life, AD&D, and disability coverage
- Fertility drug coverage (up to $4,000 lifetime)
- Group Retirement Plan with employer match (RRSP + DPSP)
- Parental leave: up to 16 weeks (birthing + bonding) or 8 weeks (bonding only) at 100% pay, with additional time available at reduced pay
- Employee Assistance Program and virtual care through Lumino Health
United Kingdom
- Private medical insurance through Freedom Elite
- Virtual GP and at-home care via eMed x Livi
- Workplace pension through Penfold, with salary sacrifice option
- Parental leave: up to 16 weeks (birthing + bonding) or 8 weeks (bonding only) at 100% pay with additional time available at reduced pay
Senior Risk Operations Specialist | Underwriting (UK) in London employer: Ramp
Ramp is an exceptional employer that fosters a culture of ownership and innovation, empowering employees to make impactful decisions in a fast-paced environment. With a strong focus on professional growth, Ramp offers flexible PTO, comprehensive health benefits, and a supportive work-life balance, making it an ideal place for those looking to thrive in the fintech space. Located in the UK, this role provides unique opportunities to shape underwriting processes while collaborating with diverse teams across Europe and the US.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Operations Specialist | Underwriting (UK) in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Ramp looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Operations Specialist | Underwriting (UK) in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Ramp. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Ramp
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Ramp’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
