Underwriter

Funding Circle Ltd.; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Funding Circle Ltd. in London is seeking a Credit Risk Analyst to evaluate SME loan applications and determine risk. You’ll integrate market insights, enhance decision quality, and help refine processes with AI-driven automation.

You’ll work with a team that values fast, accurate risk judgments and a bias for data-driven outcomes. You’ll build expertise in UK SME accounting practices, industry standards, and loan performance signals.

Qualifications

• An inquisitive mind-set, openness to change, willingness to challenge the status quo and a great work ethic.
• Experience in credit analysis (Ideally SME lending).
• Strong analytical, decision-making, and communication skills.
• A firm understanding of UK accounting standards.
• Able to take ownership of redesigning departmental workflows, using AI to automate complex tasks and drive operational efficiency.
• Competently able to Identify high-impact AI use cases and implement advanced prompting techniques to solve multi-layered business challenges.

Responsibilities

• Analyse data (annual accounts, bank statements, credit reference agency data) to determine the degree of risk involved in extending credit to SME borrowers on a loan-by-loan basis
• Enhance the quality of loan decisions by integrating market, industry, and portfolio insights into your credit decisions
• Further your knowledge of UK SMEs, incl. accounting practices, industry and financing standards, payment behaviour and relevant legal aspects to help us evaluating credit risk correctly
• Provide a best-in-class experience for our borrowers by reviewing all loan applications efficiently and in accordance with our internal quality standards
• Contribute to the ongoing development of systems, processes and business practices by sharing recommendations to improve efficiency and capacity
• Advise and guide colleagues to ensure that commercial opportunities are maximized without compromising Funding Circle’s risk management
• Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day

Skills

Credit analysis

Data analysis

Decision making

Communication skills

UK accounting standards

AI automation

Workflow redesign

Tools

AI prompting

Job description

We’re on a mission to back the UK’s small businesses like no one else

Small businesses are the backbone of the economy, and we’re here to help them win. We’ve built a platform that uses clever data to get them the funding they need in minutes, not weeks.

At Funding Circle, we have the restless energy of a fintech start-up with the stability of a public company. It’s a unique mix that gives Circlers the autonomy to take ownership and the scale to make an impact that truly counts.

We’re a high-performing team that chooses to lift each other up. We challenge, we champion, and we have each other’s backs - because we know that when we stand together, we move faster and build better.

The impact is real: Last year alone, the businesses on our platform generated £7.2bn for the UK economy Come and join a mission that matters!

[Read our Impact Report] | [See our Trustpilot]

The role

London (Hybrid) | 3 days in the office | Competitive Salary + Benefits

You’ll make a real difference for our customers and your team from day one. We believe the fastest way to grow is by doing, so we give you the ownership to run with things and see real-time results.

• Analyse data (annual accounts, bank statements, credit reference agency data) to determine the degree of risk involved in extending credit to SME borrowers on a loan-by-loan basis

• Enhance the quality of loan decisions by integrating market, industry, and portfolio insights into your credit decisions

• Further your knowledge of UK SMEs, incl. accounting practices, industry and financing standards, payment behaviour and relevant legal aspects to help us evaluating credit risk correctly

• Provide a best-in-class experience for our borrowers by reviewing all loan applications efficiently and in accordance with our internal quality standards

• Contribute to the ongoing development of systems, processes and business practices by sharing recommendations to improve efficiency and capacity

• Advise and guide colleagues to ensure that commercial opportunities are maximized without compromising Funding Circle’s risk management

• Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day

What we’re looking for

We value deep expertise, but a growth mindset and good energy are what really make our team click. We’re a group that chooses to lift each other up and think smart every day.

• An inquisitive mind-set, openness to change, willingness to challenge the status quo and a great work ethic

• Experience in credit analysis (Ideally SME lending).

• Strong analytical, decision-making, and communication skills

• A firm understanding of UK accounting standards

• Able to take ownership of redesigning departmental workflows, using AI to automate complex tasks and drive operational efficiency

• Competently able to Identify high-impact AI use cases and implement advanced prompting techniques to solve multi-layered business challenges

We’re building a place where everyone truly feels they belong. Even if your past experience doesn't align perfectly with every requirement, we'd still love to hear from you.

Why join us?

We back you to build an incredible career and by joining us, you'll be part of one of The Sunday Times Best Companies to Work For 2026! As a flexible-first employer, we use a "best of both" approach. We’ll see you in our London office to collaborate - with barista coffee and subsidised Just Eat lunches on us!

Our Circler Proposition focuses on five areas:

• Flexibility: We provide a benefit allowance you can tailor to your own life and family.

• Health: This includes private medical and dental, health assessments, and access to a digital GP.

• Wealth: We offer life assurance, share schemes, and financial coaching.

• Development: You get a dedicated annual learning allowance to help you level up.

• Lifestyle: We have electric car and cycle-to-work schemes, plus season ticket loans.

We also have award-winning parental leave policies. We're here to support you through the big life moments, from fertility treatments to new additions to the family.