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Finance Operations Executive

About Lendable

Lendable is on a mission to make consumer finance amazing: faster, cheaper and friendlier.

  • We're building one of the world’s leading fintech companies and are off to a strong start:

  • One of the UK’s newest unicorns with a team of just over 400 people

  • Among the fastest-growing tech companies in the UK

  • Profitable since 2017

  • Backed by top investors including Balderton Capital and Goldman Sachs

  • Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)

So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.

Join us if you want to

  • Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1

  • Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo

  • Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting

About Lendable


Lendable is on a mission to make consumer finance amazing: faster, cheaper and friendlier.

 

> We're building one of the world’s leading fintech companies and are off to a strong start:

> One of the UK’s newest unicorns with a team of just over 400 people

> Among the fastest-growing tech companies in the UK

> Profitable since 2017

> Backed by top investors including Balderton Capital and Goldman Sachs

> Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)


So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

 

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.



Join us if you want to


> Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1

> Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo

> Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting



About the role


We are looking for a detail-oriented and proactive Financial Operations Executive to join our dynamic Financial Operations team at Lendable. Reporting directly to the Financial Operations Manager, you will play a key role in ensuring the smooth operation of financial transactions and liquidity management. This is an excellent opportunity to work in a fast-paced, innovative environment and contribute to the growth of a high-performing company.


The Finance team is a small, collaborative and trusted team with a broad range of responsibilities that impact the wider business. As part of the team, you will work on all products and collaborate across different departments, gaining invaluable experience with growth potential.

What you'll be doing

  • Reconcile platform and bank transactions daily within set timeframes and to ensure accuracy and completion, for both the UK and US entities.

  • Prepare and execute bank transfers and other financial transactions on a daily basis using a variety of our banking partners.

  • Monitor liquidity levels across our platform and identify funding requirements while maintaining operational efficiency.

  • Work closely with internal teams (Capital Markets, Data Science and Product) to streamline processes and enhance the efficiency of the finance function.

  • Assist with product maintenance in ensuring that products remain live and operational by supporting necessary calculations and financial oversight.

  • Provide support for ad-hoc projects and analyses as required, as well as other support including filling and administration assistance.

What you'll need to succeed

  • 1-2 years of experience in Finance, or similar role, preferably in a fintech or financial services environment.

  • An accounting or analytical qualification is preferred but not required.

  • Efficient with a high level of attention to detail and accuracy is essential.

  • Strong organisational skills are needed, with the ability to prioritise tasks and meet deadlines.

  • Capability to work self-sufficiently to identify issues and further streamline workflows. 

  • Great communication skills, with the ability to work collaboratively with other members of the finance team and across the wider business.

  • You’ll be energetic, and motivated and have a proactive approach with the ability to problem solve.

  • Proficient in Microsoft Excel and G-Suite (including Sheets).


Nice to haves

  • Experience using/familiarity with Jira Service Management, Jira ticketing, financial software and databases is a big plus.

  • SQL or Python knowledge is desirable.

  • Experience with accounting software e.g. Netsuite would be a bonus


Life at Lendable (check out our Glassdoor page)


> The opportunity to scale up one of the world’s most successful fintech companies.

> Best-in-class compensation, including equity.

> You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas.

> Our in-house chef prepares fresh, healthy lunches in the office every Tuesday-Thursday

> We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance

> ​We're an equal opportunity employer and are looking to make Lendable the most inclusive and open workspace in London


Check out our blog!

Life at Lendable (check out our Glassdoor page)

  • The opportunity to scale up one of the world’s most successful fintech companies.

  • Best-in-class compensation, including equity.

  • You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas.

  • Our in-house chef prepares fresh, healthy lunches in the office every Tuesday-Thursday

  • We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance

  • ​We're an equal opportunity employer and are looking to make Lendable the most inclusive and open workspace in London

Check out our blog!

Average salary estimate

$60000 / YEARLY (est.)
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$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Operations Executive, Lendable

Lendable, one of the UK’s leading fintech companies, is looking for a Finance Operations Executive to join our vibrant Financial Operations team. If you’re detail-oriented and proactive, this could be the perfect fit for you. As a key player in ensuring the smooth operation of our financial transactions and liquidity management, you’ll be contributing to our mission of making consumer finance faster, cheaper, and friendlier. With a rapidly growing team of over 400 and being a celebrated unicorn, we’ve rebuilt essential financial products like loans and credit cards from the ground up. This role provides an excellent opportunity to immerse yourself in a fast-paced, dynamic environment where you’ll collaborate across departments while gaining valuable experience. You will be responsible for reconciling platform and bank transactions daily, preparing bank transfers, and monitoring liquidity levels. Your insights will help streamline the finance function and support various ad-hoc projects. If you have a passion for finance, and strong organizational skills, and want to be part of a team that values collaboration and innovation, we’d love to hear from you. This role is designed for someone who is eager to take ownership of their work and drive meaningful impacts from day one. Join us in making consumer finance amazing at Lendable!

Frequently Asked Questions (FAQs) for Finance Operations Executive Role at Lendable
What are the key responsibilities of a Finance Operations Executive at Lendable?

As a Finance Operations Executive at Lendable, you will be responsible for reconciling platform and bank transactions daily, preparing and executing bank transfers, monitoring liquidity levels, and collaborating with internal teams to enhance financial processes. This role is vital in ensuring our financial operations run smoothly and efficiently.

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What qualifications are needed for the Finance Operations Executive position at Lendable?

While an accounting or analytical qualification is preferred, Lendable seeks candidates with 1-2 years of experience in finance or a similar role, particularly in fintech or financial services. Strong attention to detail, organizational skills, and proficiency in Microsoft Excel and G-Suite are essential for success in this position.

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How does Lendable support career growth for its Finance Operations Executive?

Lendable encourages career growth by fostering a collaborative environment where Finance Operations Executives work closely with multiple departments, gaining diverse experiences and insights. This role also involves participation in ad-hoc projects, providing opportunities for learning and development within the company.

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What is the company culture like for Finance Operations Executives at Lendable?

Lendable is known for its friendly and innovative company culture. As a Finance Operations Executive, you’ll join a team of exceptional professionals who value teamwork and creative problem-solving. The firm supports flexible working arrangements and promotes a healthy work-life balance, making it a great place to grow your career.

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What software and technical skills are beneficial for a Finance Operations Executive at Lendable?

Candidates for the Finance Operations Executive role at Lendable will benefit from having skills in Microsoft Excel and G-Suite. Familiarity with financial software, Jira Service Management, SQL, or Python would be advantageous, along with any experience using accounting software like Netsuite.

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Common Interview Questions for Finance Operations Executive
Can you describe your experience with reconciling financial transactions?

Absolutely! In my previous role, I reconciled daily financial transactions by ensuring accuracy between our banking records and internal accounts. I utilized Excel for tracking discrepancies and reporting findings, which significantly improved our efficiency.

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How do you prioritize tasks in a fast-paced financial environment?

I prioritize tasks based on deadlines and the overall impact on the business. I create daily to-do lists and utilize tools like time blocking to allocate focus to high-impact tasks first, ensuring both efficiency and quality in my work.

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What strategies do you use to monitor liquidity levels?

Monitoring liquidity involves analyzing cash flow statements and maintaining regular communication with other departments to forecast funding needs accurately. I leverage analytical tools to track trends and identify potential issues before they arise.

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How do you ensure accuracy in financial reporting?

Ensuring accuracy in financial reporting starts with attention to detail and a structured review process. I double-check all figures and collaborate with team members for cross-validation, which has historically reduced errors on my reports.

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Can you give an example of how you’ve streamlined a finance process?

Certainly! In my last position, I identified redundancies in our transaction approval workflow. By implementing a digital management system, I reduced processing time by 20%, allowing our team to focus on more strategic tasks.

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What tools and software have you used in your previous finance roles?

I've worked extensively with Excel for data analysis and reporting, and I am familiar with financial software like Netsuite. Additionally, I’ve had experience with Jira for project management, which helps in organizing finance-related tasks effectively.

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How do you handle challenges when working with internal teams?

I believe clear communication is key to overcoming challenges. I always aim to listen actively to concerns and collaborate toward a mutual solution. Building good relationships with other departments has been essential in resolving issues effectively.

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What do you know about Lendable's mission and values?

Lendable's mission to enhance consumer finance by making processes faster and friendlier while focusing on innovation resonates with me. I admire that the company values problem-solving and collaborative work, and I am excited about contributing to such a forward-thinking environment.

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How would you approach learning new financial software or tools?

I approach learning new software through hands-on practice and utilizing available training resources. I try to familiarize myself with the functionality and best practices, and seek insights from experienced colleagues whenever possible.

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What qualities do you think a successful Finance Operations Executive should have?

A successful Finance Operations Executive should have strong attention to detail, analytical skills, and the ability to communicate effectively with multiple departments. They should also be flexible and willing to adapt to a fast-paced environment while being proactive in identifying solutions to challenges.

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Founded in 2014, Lendable offers loans to consumers by matching them with investors. It aims to make loan applications easier and quicker by using technology to automate credit decisions and give borrowers instant, personalized interest rates. Len...

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Full-time, hybrid
DATE POSTED
January 27, 2025

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