Underwriter

Elect Capital; Greater London; On-site; GBP 25,000 - 750,000; Full time

Benefits offered by this job

Competitive salary

Growth opportunities

Ownership and impact

Clear progression path

Job summary

Elect Capital in London is seeking a sharp Underwriter to take full ownership of credit decisions. You will assess risk, structure approvals, and work closely with sales, ops, and credit to move good deals fast — and stop bad ones faster.

This high-impact role requires commercial instinct and pace, with responsibility for underwriting deals from £25k to £750k and maintaining rigorous documentation in a fast-growing environment.

Qualifications

• Highly organized with meticulous attention to detail.
• Thrives in fast-paced environments with many moving parts.
• Clear, professional communicator with a commercial edge.
• Self-starter who stays aligned with team goals.

Responsibilities

• Lead underwriting on deals ranging from £25k to £750k.
• Analyse financial statements and open banking data to evaluate creditworthiness.
• Apply credit risk policies while identifying smart, commercial exceptions.
• Structure offers that balance speed, risk and commercial value.
• Partner with the sales team to ensure fast decisions and clean execution.
• Escalate and advise on complex edge cases and scenarios.
• Maintain CRM accuracy and detailed underwriting documentation.

Skills

Credit risk assessment

Analytical thinking

Open banking data analysis

Underwriting

Tools

CRM software

Job description

Underwriter

London, UK

About Elect Capital

Elect Capital backs ambitious businesses across the UK, Canada, Australia and the US with fast, transparent funding. We deliver 1–9 month business financing with daily or weekly repayments, and 90% of completed applications receive an offer within 4 hours. Whether clients apply directly or through a broker, we make the funding journey sharp, clean and simple.

We're not here to reinvent financing. We're here to do it better.

Our Mission

To back ambition — disrupting traditional finance and connecting businesses to 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

We are looking for a sharp, decisive Underwriter to take full ownership of credit decisions. You will assess risk, structure approvals, and work closely with sales, ops, and credit to move good deals fast — and stop bad ones faster. This is a high-impact position where commercial instinct and pace are essential.

Key Responsibilities

• Lead underwriting on deals ranging from £25k to £750k.
• Analyse financial statements and open banking data to evaluate creditworthiness.
• Apply credit risk policies while identifying smart, commercial exceptions.
• Structure offers that balance speed, risk, and commercial value.
• Partner with the sales team to ensure fast decisions and clean execution.
• Escalate and advise on complex edge cases and scenarios.
• Maintain CRM accuracy and detailed underwriting documentation.

What We're Looking For

• Highly organised — nothing gets missed, nothing gets dropped.
• Thrives in fast-paced environments with many moving parts.
• Clear, professional communicator with a commercial edge.
• Self-starter who remains aligned with team goals.

Bonus

Experience in unsecured, short-term SME underwriting.

Our Offer

• A fast, focused environment where impact is immediate.
• Full ownership and a voice in how we improve.
• Growth opportunities with a company scaling quickly.
• A team that values clarity, pace, and practical thinking.
• Competitive salary and a path for progression.
• The chance to contribute to a mission-driven company.