Join to apply for the Regional Lead - Cashflow Finance role at Allica Bank

Allica Bank is the UK’s fastest growing company in fintech, focused on helping established SMEs with funding solutions.

About Cashflow Finance

Having already achieved success in the commercial mortgage and asset finance markets, Allica launched an innovative Growth Finance product in 2023. This delivers working capital funding with facility sizes between £1m-£10m and is principally an asset-based lending product. We now plan to expand our product capability with the launch of a cashflow finance solution to meet the funding needs of growing, established, profitable businesses that do not have tangible collateral to offer. We intend to build a team of specialists to bring the cashflow product to life alongside colleagues in other functions of the bank.

Role Description

The Regional Lead will initially be instrumental in the development and launch of the product. Thereafter, they will be responsible for origination, structuring and execution of facilities that meet the lending requirements of Allica. In addition to origination, the role will initially carry responsibility for delivering a high-quality relationship and ongoing risk management for a portfolio of cashflow clients.

Principal Accountabilities

• Using knowledge of the market, contribute to the design and delivery of a cashflow funding product that meets the needs of an underserved borrower population.
• Origination, structuring and execution of new cashflow funding facilities
• Promoting awareness in the professional services communities regionally.
• Identification of opportunities compatible with Allica’s risk appetite and returns requirements.
• Gathering and analysing financial information which, along with other credit risk considerations, is presented in an accurate, balanced proposal to Underwriting.
• Negotiation and agreement of terms with the target business.
• Oversight of facility documentation and pre-commencement requirements to ensure the transaction closes efficiently, in line with credit approved terms.
• Be an advocate for the product with colleagues throughout the bank.
• Complying with all mandatory policies and developing operational procedures to maintain a strong internal control environment.

Personal Attributes & Experience

• A belief that there is an opportunity to build a significantly improved cashflow lending solution to the target SME market and a desire to innovate through a hands-on approach.
• Excellent interpersonal and communication skills with the ability to build and maintain strong working relationships.
• In-depth understanding of the SME lending market, specifically non-tangibly secured cashflow lending.
• An established network of potential new business introducers active in the SME financing market.
• Demonstrable experience of successfully originating, structuring and managing facilities of this type in the target segment.
• Ability to interpret detailed financial information including balance sheets and cash forecasting, assess funding requirements and model the impact of sensitivities to forecasts.
• Strong organisational skills and attention to detail.

Working at Allica Bank

We want to ensure our employees have the right tools and environment to succeed in their role and in support of our customers. Our benefits are designed with you in mind:

• Full onboarding support and continued development opportunities
• Options for flexible working
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced maternity & paternity leave

Don’t tick every box?

Don’t worry if you don’t have all the skills or requirements listed. If you think you’ll be a good fit, we’d still love to hear from you!

We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is committed to flexible and hybrid working. Please let us know what works for you and we will try to accommodate.

Diversity

We’re a diverse team with varied experiences, backgrounds and lifestyles. Our openness and differences strengthen us, and we want everybody to feel comfortable bringing as much of themselves to work as they like.

Seniorities and Employment

• Seniority level: Mid-Senior level
• Employment type: Full-time

Job function

• Distribution and Sales

Industries

• Financial Services and Banking