Loan Analyst

mcl finance; England; On-site; GBP 25,000 - 35,000; Full time

Benefits offered by this job

Competitive salary and progression

Flexible and supportive working environment

Office snacks & team socials

25 days holiday

Ownership and growth opportunities

Job summary

A financial services company is seeking an Entry-level Loan Application Analyst in the UK. The role focuses on verifying loan application bank statements and ensuring quality standards are met before progressing to underwriting. Responsibilities include identifying errors, liaising with teams, and maintaining logs to drive process improvements. Ideal candidates will have excellent attention to detail and previous experience in financial services. The company offers a competitive salary and a supportive work environment.

Qualifications

• Excellent attention to detail.
• Strong organisational skills with tight deadlines.
• Comfortable working with financial records.
• Ability to communicate efficiently with teams and brokers.
• Previous experience in financial services or quality assurance.

Responsibilities

• Verify loan application bank statements for accuracy.
• Identify errors and inconsistencies in application packs.
• Liaise with underwriters and brokers for clarifications.
• Maintain a log of scrubbing activities.
• Support credit teams with clean files.

Skills

Attention to detail

Organisational skills

Data handling

Clear communication

Experience in financial services

Job description

At mcl, we help small and medium-sized businesses access the capital they need to grow – quickly, clearly, and with care. Since 2018, we’ve supported over 2,000 SMEs across the UK, and we’re not slowing down.

We believe finance should work better for the people building our economy. That means fewer hurdles, faster answers, and support that feels human, not transactional. We back ambition with real funding, smart tools, and a team that gets what running a business really takes.

Our mission

To reshape SME finance and level the playing field – funding that’s fast, fair, and fits for the businesses of the future.

Our G.E.M.S values

G – Growth

Not just business growth – personal growth, team growth, process growth. We level up.

No fake hype. Just energy, urgency, and actually giving a toss.

M – Maintaining Accountability

Own your actions and interactions. If it’s off, say it. If it’s broken, fix it.

S – Seeing Strategically

Eyes on the big picture. Help us make smarter long-term moves.

The Role

The Loan Application Analyst plays a critical role in maintaining the speed and quality mcl is known for. You will be responsible for preparing files for underwriting, going through and "scrubbing" applications so that bank statements are clean, understood and ready for underwriting, to ensure submitted deals meet our internal quality standards before progressing to underwriting. The role is fast-paced, precise, and requires a sharp eye for detail.

Key Responsibilities

• Work through and verify loan application bank statements for accuracy, clarity and completeness.
• Identify errors, missing information, and inconsistencies in application packs.
• Liaise with underwriters, brokers and internal teams to clarify and correct submissions.
• Maintain a daily log of scrubbing activity and recurring issues to drive process improvements.
• Support the operations and credit teams to ensure only clean files move to decisioning.

Key Skills & Experience

• Excellent attention to detail.
• Strong organisational skills and ability to meet tight deadlines.
• Comfortable working with data, documents, and financial records.
• Able to communicate clearly and efficiently with both internal teams and external brokers.
• Previous experience in financial services, lending, or quality assurance is essential.

Why Join Us?

• Competitive salary and path for progression
• Flexible and supportive working environment
• Office snacks & team socials
• 25 days holiday
• A role with real ownership and space to grow

Seniority level

Entry level

Employment type

Full-time

Job function

Analyst