Credit Underwriter, Funding Circle

Salary not provided

Junior and Mid level

London

3 days a week in office (71 Queen Victoria Street, London, EC4V 4AY)

Business finance that backs you and your business to succeed

Be an early applicant

Meet the team

Business finance that backs you and your business to succeed

501-1000 employees

FintechB2BLendingFinancial Services

Be an early applicant

Meet the team

Salary not provided

Junior and Mid level

London

3 days a week in office (71 Queen Victoria Street, London, EC4V 4AY)

501-1000 employees

FintechB2BLendingFinancial Services

Company mission

We back small businesses with the finance they need to succeed. At Funding Circle, we understand running a business is hard work so we provide a fast, hassle-free experience for businesses looking for finance - with SME experts based in the UK.

Job

Company

Role

Who you are

An inquisitive mind-set, openness to change, willingness to challenge the status quo and a great work ethic
Experience in credit analysis (Ideally SME lending)
Strong analytical, decision-making, and communication skills
A firm understanding of UK accounting standards

What the job involves

Analyse data (annual accounts, bank statements, credit reference agency data) to determine the degree of risk involved in extending credit to SME borrowers on a loan-by-loan basis
Enhance the quality of loan decisions by integrating market, industry, and portfolio insights into your credit decisions
Further your knowledge of UK SMEs, incl. accounting practices, industry and financing standards, payment behaviour and relevant legal aspects to help us evaluating credit risk correctly
Provide a best-in-class experience for our borrowers by reviewing all loan applications efficiently and in accordance with our internal quality standards
Contribute to the ongoing development of systems, processes and business practices by sharing recommendations to improve efficiency and capacity
Advise and guide colleagues to ensure that commercial opportunities are maximized without compromising Funding Circle’s risk management
Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day

Salary benchmarks

Our take

Funding Circle launched in 2010 and it was the perfect time in the market. After the financial crisis in 2008, financial institutions were hesitant to lend money. Loans to SMEs were at record lows.

This meant that Funding Circle's innovative platform - connecting investors and businesses directly - had immediate product-market fit and growth. Funding Circle remains incredibly focused on small businesses, and this set it apart from other lending platforms. The business has since expanded to the USA.

The company completed its IPO in September 2018 in a challenging economic environment in Europe and the USA. In 2020, however, trading in the group’s core UK market was helped by its participation in the government’s Coronavirus Business Interruption Loan Scheme – the company says it has been responsible for a quarter of CBILS loans by volume since it was accredited to join the scheme in April 2020. Funding Circle continues to be a leading SME financing platform, exemplified by its partnership with Bayview Asset Management, with whom it has surpassed £1 billion in funding for its Term Lending product.

Kirsty

Company Specialist at Welcome to the Jungle

Meet the team

Genn Maravolo, Head of New Channel Growth (FlexiPay)

Insights

Top investors

40% female employees

9% employee growth in 12 months

Glassdoor (3.7)

Trustpilot (4.6)

Company

Employee endorsements

Focus on employee wellbeing

"We've moved to a hybrid way of working at FC. We have lots of employee benefits, from lunch budgets (Just Eat), to retail discounts, gym/health..."

Browse all endorsements

Funding (last 2 of 7 rounds)

Jan 2017

$107.4m

SERIES F

Apr 2015

$150m

SERIES E

Total funding: $379.9m

Company benefits

Annual learning budget
Private Health insurance covering pre-existing conditions
5% Matched Pension
25 days holiday (excl. bank holidays)
Access to Wellhub (formally Gym Pass)
Dental Insurance
Just Eat for Business 2 days when in the office

Company values

Think smart
Obsess over the customer
Make it happen
Be open
Stand together
Live the adventure

Company HQ

City of London, London, UK

Articles

Behind the scenes with Funding Circle

1 fintech stock that’s modernising moneylending

Funding Circle predicts annual results will surpass expectations

Funding Circle strikes a £1bn lending deal with Waterfall

Funding Circle Holdings plc: POS-Transaction in Own Shares

Funding Circle names Ken Stannard as non-executive director and chair designate

Leadership

Lisa Jacobs

(CEO)

Lisa is responsible for driving the company’s strategy and overseeing Funding Circle's operations in the UK and US.

Diversity, Equity & Inclusion at Funding Circle

Poonam Verma (Director of Talent Development, Culture & Belonging)

It’s in our differences that we find our strengths!
We celebrate and support the differences that make you, you. So we’re building a culture where difference is valued. We’re proud to be an equal opportunity workplace and affirmative action employer. We truly believe diversity makes us better. We particularly encourage applications from applicants from underrepresented backgrounds. We welcome applicants who may want to work flexibly

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