Underwriting

Senior Underwriter

Location: London, UK

At mcl, we help small and medium-sized businesses access the capital they need to grow – quickly, clearly, and with care. Since 2018, we’ve supported over 2,000 SMEs across the UK, and we’re not slowing down.

We believe finance should work better for the people building our economy. That means fewer hurdles, faster answers, and support that feels human, not transactional. We back ambition with real funding, smart tools, and a team that gets what running a business really takes.

Our model puts people over paperwork. We work with brokers and with business owners to deliver funding that fits – without the faff. As we grow, we’re expanding our reach, recently launching mcl UAE and tools like LendPair, helping even more businesses find the right path to finance.

Our mission

To reshape SME finance and level the playing field – funding that’s fast, fair, and fits for the businesses of the future.

Our G.E.M.S values

G – Growth

Not just business growth – personal growth, team growth, process growth. We level up.

E – Enthusiasm

No fake hype. Just energy, urgency, and actually giving a toss.

M – Maintaining Accountability

Own your actions and interactions. If it’s off, say it. If it’s broken, fix it.

S – Seeing Strategically

Eyes on the big picture. Help us make smarter long-term moves.

THE ROLE

We’re looking for a sharp, decisive Senior Underwriter to take ownership of credit decisions across our deal flow. You’ll 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 role where commercial instinct, precision, and pace are essential.

Key Responsibilities

• Take ownership of credit assessment across incoming deal flow, reviewing financials, bank statements, credit reports, and supporting documents to determine risk and suitability
• Structure lending decisions including facility size, pricing, term, and security in line with the company’s risk appetite
• Make clear, decisive credit recommendations and approvals while maintaining strong commercial judgement
• Work closely with sales and broker teams to evaluate opportunities quickly and keep strong deals progressing through the pipeline
• Identify risk flags early and decline or restructure deals that fall outside acceptable parameters
• Maintain consistent underwriting standards while balancing speed, accuracy, and commercial outcomes
• Provide clear feedback to sales teams and partners on declined or adjusted deals to improve future submissions
• Monitor portfolio performance trends and contribute insights to improve credit policy and underwriting frameworks
• Support the development of underwriting tools, data analysis, and processes that improve decision quality and turnaround time

What we’re looking for

• Strong credit judgement with the confidence to make clear, decisive underwriting calls
• Highly organised — nothing gets missed, nothing gets dropped
• Able to work quickly and accurately in a fast-paced, high-volume deal environment
• Commercial mindset — understands how to structure deals that work for both the business and the borrower
• Clear, direct communicator who can explain credit decisions confidently to sales, brokers, and internal teams
• Comfortable analysing financials, bank statements, and supporting documents to assess real business performance

Bonus: Experience in unsecured, short term SME underwriting.

Why Join Us?

• Competitive salary and path for progression
• Flexible and supportive working environment
• Office snacks & team socials
• 25 days holiday
• A role with real ownership and space to grow
• Company gym membership
• Life insurance

Think you’re a fit? Let’s talk.