# Loan Analyst

**Company:** [Elect Capital](https://jobs.workable.com/companies/4Bkd3b4TsTiEFSRnQ28iFT.md)
**Location:** Toronto, Canada
**Workplace:** on site
**Employment type:** Full-time
**Department:** Lending

[Apply for this job](https://jobs.workable.com/view/89ac7a2d-dd36-49cf-a6c4-055a49891b77)

## Description

**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.**