Credit Risk Analyst / Underwriter

ClearCourse; United Kingdom; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A technology solutions provider in the UK is seeking a Credit Risk Analyst / Underwriter to join a supportive team. In this hybrid role, you will assess merchant applications, review financial statements, and maintain the Merchant Risk Register. This position offers growth opportunities across various functions and a comprehensive benefits package, including life assurance, private medical cover, and a hybrid working model.

Benefits

Life Assurance and private medical cover

Group Income Protection

Enhanced maternity, paternity and adoption pay

Generous training budgets

25 days annual leave plus bank holidays

Hybrid working model

24/7 employee assistance programme

Bike to Work Scheme

Recruitment referral scheme

Perkbox membership

Qualifications

• At least 2 years' experience in a credit risk or underwriting role.
• Confident reading and interpreting financial statements.
• Great communication skills, both written and verbal.

Responsibilities

• Assess and evaluate new merchant applications.
• Review financials and complete the full due-diligence journey.
• Own and maintain the Merchant Risk Register.

Skills

Credit risk analysis

Financial statement interpretation

Attention to detail

Communication skills

Autonomous working style

Job description

Credit Risk Analyst / Underwriter - Payments

Manchester or London (Hybrid, 2 days in office)

Do you enjoy digging into financial statements and figuring out what they're really telling you?

Got at least 2 years' experience in credit risk or underwriting?

If so, this could be your next step.

ClearAccept are looking for a Credit Risk Analyst / Underwriter to join a small, supportive team where you'll have autonomy, real responsibility, and the chance to genuinely develop your career.

Our payments solution was built to support our ClearCourse partner platforms, helping thousands of businesses take and reconcile payments with far less admin. We're part of the wider ClearCourse Group, with offices up and down the UK (and beyond), which means your career can grow in many different directions - whether that's deeper into risk, wider into compliance, or over into product, tech, and more.

When we bring someone new into ClearCourse, we look for three things: energy, expertise, and empathy. If that sounds like you, you'll fit right in.

What you'll actually do day-to-day

This isn't theory - it's hands-on, real-world credit risk.

You'll be responsible for assessing and evaluating new merchant applications, reviewing financials, and completing the full due-diligence journey. You'll decide on risk scores, recommend security terms, and play a major role in monitoring existing merchants to keep our portfolio safe.

You'll also own and maintain the Merchant Risk Register, investigate risk events, and work closely with our Head of Underwriting & Credit Risk to keep our frameworks aligned to best practice and regulatory expectations.

This is a hybrid role working 37.5 hours per week, and you'll need to be within a comfortable commute to either our Manchester or London office. The team is made up of five people, and you'll be joining a highly experienced group who'll help you grow and shape your career.

What we're looking for

• At least 2 years' experience in a credit risk or underwriting role
• Ideally from a payments organisation, acquirer, or fintech with a strong risk focus
• Confident reading and interpreting financial statements
• Able to apply risk policy to real operational scenarios
• Comfortable speaking directly with merchants and internal teams
• Strong attention to detail and a proactive, autonomous way of working
• Great communication skills, written and verbal

If you're motivated by making sound decisions, spotting risks early, and improving processes, you'll enjoy the challenge here.

Benefits you'll get access to

• Life Assurance and private medical cover with cash plan
• Group Income Protection and enhanced company pension
• Enhanced maternity, paternity and adoption pay
• Generous training budgets and professional membership reimbursement
• 25 days annual leave plus bank holidays
• Hybrid working model (2 days in office)
• 24/7 employee assistance programme including Peppy Health
• Bike to Work Scheme
• Recruitment referral scheme
• Perkbox membership with discounts and freebies from major retailers

If your CV isn't quite up to date, don't worry. Send what you have and apply - we'll take it from there.