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Loan Analyst

mcl financeLondon, England🇬🇧United KingdomPosted 22 Sept 2026

Quick Overview

Salary
£30k/yr
Seniority
Mid Senior
Employment type
Temporary/Casual
Work mode
On Site
Location
London, England, United Kingdom
Posted
Yesterday
Underwriting

Job Description

Loan Application Analyst
📍 London

About MCL Finance
Since 2018, we've helped over 2,000 SMEs across the UK and UAE access the capital they need to grow — fast, clear, and with care. We believe finance should work better for the people building our economy: fewer hurdles, faster answers, and support that actually feels human. We back ambition with real funding and smart tools, backed by a team that gets what running a business takes. Our model puts people over paperwork — we work with brokers and business owners to deliver funding that fits, without the faff.

🎯 Our Mission
To reshape SME finance and level the playing field for good — giving ambitious businesses the fast, fair funding they need to build what's next.

The Role
The Loan Application Analyst plays a critical role in maintaining the speed and quality MCL 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

  • Salary: £30,000
  • 25 days annual leave (plus bank holidays)
  • Private health insurance with AXA
  • Income protection
  • Life assurance
  • Statutory pension
  • Fully stocked snacks, drinks, and coffee machine
  • Monday lunch on us!

👋 Think you're a fit? Let's talk.