Loan Analyst

Loan Analyst
📍 Toronto

About Elect Capital
Elect Capital is changing how SMEs access funding. We provide fast, flexible working capital loans, business loans, and merchant cash advances — no red tape, no slow decisions. Live across the UK, Australia, Canada, and the US, and scaling fast, we give SMEs the speed and flexibility traditional lenders can't.

🎯 Our Mission
We exist to give SMEs the capital and confidence to grow — fast, fair, and friction-free. Every ambitious business deserves a real shot at growth, not months of paperwork. We've built lending for speed, without cutting corners on fairness. When SMEs win, we win.

The Role
The Loan Application Analyst plays a critical role in maintaining the speed and quality Elect 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 range: $55,000 – $65,000 CAD
• 25 days annual leave (PTO)
• Luxury offices in downtown financial core – First Canadian Place
• Barista onsite all day for all your coffee needs
• Rooftop loft community space & outdoor space to decompress

👋 Think you're a fit? Let's talk.