Loan Analyst

Elect Capital; Greater London; On-site; GBP 32,000 - 46,000; Full time

Benefits offered by this job

Competitive salary

Private health cover

Growth opportunities

Job summary

Elect Capital is hiring a Loan Application Analyst in London to support underwriting by scrubbing applications and ensuring bank statements are clean and ready for decisioning.

You will work closely with underwriters, brokers, and internal teams to resolve discrepancies, maintain daily scrubbing logs, and help move only complete files to the decisioning stage. A finance or accounting degree and strong Excel skills are preferred.

Qualifications

• Finance, accounting, or related degree.
• Strong Excel skills.
• Excellent attention to detail with data, documents and financial records.
• Ability to work under tight deadlines and stay organized.
• Clear, efficient communicator with internal and external stakeholders.

Responsibilities

• Review 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 operations and credit teams to ensure only clean files move to decisioning.

Skills

Attention to detail

Strong communication

Organizational skills

Education

Finance or accounting degree

Tools

Excel

Job description

Loan Analyst

London, UK / Reports to Underwriting Team

About Elect Capital

Elect Capital backs ambitious UK businesses with capital that cuts through the noise. Built for speed, edge and action, we deliver funding where others stall. We're not here to reinvent lending — we're here to do it better. Elect offers 1–6 month fixed-term business finance with daily or weekly repayments and fast, transparent decisions, with 90% of completed applications receiving an offer within 4 hours.

Our Mission To back ambition — disrupting the lines of traditional finance and providing access to ambitious businesses, with capital that moves as fast as they do.

Our Values: C.O.R.E

• Challenge — ask the hard questions, improve what you touch
• Opportunity — spot it, shape it, run with it
• Resilience — stay steady, adapt fast, keep momentum
• Edge — think sharp, move sharp, stand out

The Role

• The Loan Application Analyst plays a critical role in maintaining the speed and quality Elect is known for
• You'll prepare files for underwriting, "scrubbing" applications so bank statements are clean, understood and ready for decisioning
• A fast-paced, precise role that's a great entry point into SME lending for someone hungry to build a career in finance

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

What We're Looking For

• A finance, accounting, or related degree
• Strong Excel skills
• Excellent attention to detail and comfortable working with data, documents, and financial records
• A steady, hungry attitude — ready to get stuck in, no ego
• Strong organisational skills and able to meet tight deadlines
• Clear, efficient communicator, internally and with external brokers

Bonus

• Previous experience in financial services, lending, or quality assurance

Our Offer

• A fast, focused environment where your impact is immediate
• Ownership over your work and a voice in how we improve
• Opportunities to grow with a company that's scaling quickly
• Competitive salary and a clear path for progression
• Private health cover
• A chance to contribute to a mission-driven company