Credit Underwriter

Data, Risk & Analytics London, United Kingdom


The role 

The Underwriter role will expose you to a fast-paced, high performance lending culture and expand your skill set for a successful career in risk management. Up for a challenge?
Our Underwriting Team helps small businesses raise funding by assessing the creditworthiness of each borrower to give them access to our fast and flexible loans.

Who are we?

Our mission is to build the place where small businesses get the funding they need to win. 
We do this by uniting cutting-edge data and technology to deliver an unbeatable customer experience. With a decade of expertise under our belt, we've built a game-changer of a platform 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 an instant decision, giving them access to affordable funding in a flash. 
99% of businesses are small businesses! And in most cases aren’t given the finance they need to grow. We’re here to change that because the world needs small business.

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: 
  • To see what our customers think, visit our Trustpilot page: 
  • And we’re still evolving! With over a decade leading the industry with our award winning core loans offering we are now well on our way to solving more SME finance challenges transforming into a multi-product lending platform. 

What will you be doing?
  • 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 decision
  • 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 maximised without compromising Funding Circle’s risk management

What we’re looking for 
  • 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
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.

Why join us?
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.
We offer hybrid working, with 2-3 days per week based in the office. When you’re in the office you can take advantage of our free barista and subsidised lunches through JustEat and we will help support your home working set-up. We support flexible working arrangements so please speak to our recruitment team if this is something you’d like to learn more about.
 A few highlights:
  • Health: Private Medical Insurance through Aviva, Dental Insurance through Bupa, MediCash, free access to online therapy sessions and exclusive discounts with Hertility for reproductive health support.
  • Wealth: Octopus Money Coach, free mortgage advisor partnership and discounts across numerous retailers through Perks at Work. 
  • Development: Learning allowance and full access to internal Learning platform.
  • Lifestyle: Wellhub, Electric Car Scheme and more! 

And finally, we have enhanced all of our parental leave policies - we actually won the AltFi Award for Diversity, Equity and Inclusion Initiative of the Year 2022 for our Partner Leave policy. You can read more here: 
Research shows that some people are less likely to apply to jobs unless they meet every single criteria. 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. You might just be the perfect addition to the team!
Want to Build The Incredible? We’d love to hear from you.