Credit Underwriter

Fintellect Recruitment; Greater London; Hybrid; GBP 42,000 - 62,000; Full time

Benefits offered by this job

Hybrid work (London)

Job summary

Fintellect Recruitment seeks a Credit Underwriter for a growing SME lender in London. You will assess loan applications, evaluate credit risk, and apply data-driven decisions using both traditional analysis and fintech tools.

In a small, collaborative team, you’ll work with Credit Risk, Operations and Business Development to improve underwriting processes and portfolio performance while enjoying a hybrid work model from London offices.

Qualifications

• Minimum 2 years' experience underwriting business loans.
• Strong expertise in SME credit risk underwriting, including financial statement analysis.
• Analytical mindset with a keen eye for detail and commercial awareness.
• Passion for Fintech and experience in technology-led financial institutions preferred.

Responsibilities

• Assess business loan applications and evaluate credit risk to inform lending decisions.
• Collaborate with Credit Risk, Operations and Business Development to improve underwriting processes.
• Work in a small team with a collaborative culture and drive portfolio performance.

Skills

Underwriting SME loans

Credit risk analysis

Fintech enthusiasm

Job description

Our client is an innovative and rapidly growing Alternative Finance lender dedicated to empowering small and medium-sized enterprises (SMEs) with the funding they need to grow and succeed. With a commitment to offering transparent and customer-centric solutions, they are disrupting the traditional lending industry and providing fast, flexible, and accessible financing to SMEs across the UK. As they continue to grow, they are seeking an Underwriter to join their dynamic team, offering hybrid working from their London offices.

Role Overview

As a Credit Underwriter, you will be responsible for assessing business loan applications, evaluate credit risk, and make data-driven lending decisions within delegated authority limits using both traditional credit analysis and advanced fintech tools. You will work closely with Credit Risk, Operations, and Business Development teams to continuously improve underwriting processes and portfolio performance. As this is a small team, we need someone who is a team player and that can work collaboratively with others.

Key Requirements

• Minimum 2 years' of experience underwriting business loans.
• Strong expertise in SME credit risk underwriting, including financial statement analysis.
• Analytical mindset with a keen eye for detail and commercial awareness.
• Passion for Fintech, ideally with experience in a technology-led financial institution, challenger bank, or alternative lending business.
• Strong starting salary dependent on experience
• Opportunity for development and career growth alongside the business
• Fast paced, growing business
• A supportive and inclusive team culture

Due to the high volume of applications, we will not be able to respond to every applicant.