Cookies are temporary files we place on your device to improve your user experience, for example to sign up and log in to your account. Find out more about cookies, and how to control them, in our privacy policy. By continuing to use our site, you agree to this policy Close image

You are here: Home » Careers » Senior Credit Risk Specialist x2

Senior Credit Risk Specialist x2

Location: Edinburgh (currently remote)

LendingCrowd is a leading fintech business, shaping the way SMEs borrow money. Blending the latest cutting-edge technology with financial experience and backing, we have developed a scalable lending platform that provides an attractive alternative to the current limitations of business borrowing – we’ve recently announced a transformational new £100m facility to fund small business recovery and growth – we encourage people to think outside the bank!

Founded in 2014 and born out of Edinburgh’s vibrant and growing fintech scene, LendingCrowd has driven over £90m in lending to small businesses, including a significant share of lending to businesses in Scotland. LendingCrowd is positioned to become the trusted choice for SME financing, with a culture of ‘doing the right thing’ at the core of LendingCrowd’s purpose. The business is preparing for substantial investment in further building and scaling its platform.

LendingCrowd was accredited by the British Business Bank to provide business funding under the Coronavirus Business Interruption Loan Scheme (CBILS) and the Recovery Loan Scheme (RLS) and is backed by the Scottish Investment Bank (the investment arm of Scottish Enterprise) and a number of prominent investors from Scotland’s finance and entrepreneurial scene.

LendingCrowd actively encourages the generation and development of ideas from all team members to grow the business. We are currently working remotely but will return to hybrid working with premises in Edinburgh in the next 12 months.

The Role

LendingCrowd is looking for a dynamic individual with a growth mindset to join the experienced credit underwriting team. This is an exciting time in the evolution of our business as we seek to build on and embed our position as a trusted provider of finance to SMEs across Britain. You will be an experienced professional from the financial services industry, eager to take on a fantastic new challenge and contribute to the acceleration in our company performance.

Responsibilities

This key role within the team will assess and underwrite loan applications in accordance with our credit policy and delegated lending authority. Key tasks and responsibilities will include:

  • Carrying out full assessment of potential borrower applications, from initial stage to drawdown.
  • Analysing and inputting financial data to complete full credit risk analysis assessments.
  • Working as part of a team to ensure that all deadlines are met in line with SLAs.
  • Contributing to important process and policy improvements that balance risk with customer service.
  • Ensuring compliance with credit underwriting procedures in line with business risk controls.
  • Supporting the wider team where required, assisting with the drafting and registering of documents.
  • Confirming borrowers’ lending scheme and product eligibility.
  • Assisting with peer review assurance testing on a monthly basis.
  • Assisting with ad hoc data analysis requests where required.
  • Attendance at Executive Credit Committee when required.

Skills and Experience

You will have experience of working in a credit risk function, ideally within a financial (regulated) organisation. In terms of skills and experience, we would expect you to have:

  • Experience of using credit risk models for credit decisioning purposes.
  • The ability to analyse and interpret financial statements provided by SMEs as part of an application for debt facilities.
  • Experience and confidence in underwriting SME debt proposals within a regulated financial services environment and under own delegated lending authority.
  • Experience of providing input into the continual development of credit policy and processes.
  • The drive to provide quality output as part of a high-performing team within a volume lending environment.
  • The ability to meet deadlines and support colleagues in the Sales Team to support our borrowers and brokers.
  • Experience of working with and providing services to SMEs.
  • Exposure to structuring debt proposals for SMEs.
  • Experience of pricing for risk components (e.g., probability of default and loss given default) as part of the provision of SME debt finance facilities.
  • Experience of maintaining credit risk models.
  • A desire to take on people management responsibilities.
  • Experience of completing quantitative analysis on loan portfolios.
  • Experience of successfully interacting with and presenting to the senior management team.
  • The drive to participate in the delivery of strategic projects.

We have sponsored team members through Chartered Banker Institute qualifications to ensure that they build a career at LendingCrowd beyond the role.

Come join us and be part of our success story! To apply for this role, email your CV to careers@lendingcrowd.com

If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

Copyright © LendingCrowd 2022. All rights reserved.

Best P2P Business Lender ICAS