About Allica Bank

Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Role Description

Provide straightforward and effective advice to drive the delivery of the business objectives with a key focus on our established Invoice Finance product as well as building out our B2B embedded PayLater proposition

Cover a variety of key areas including new product design and documentation, client issues, regulatory matters, contracts, employment, commercial IP, IT, litigation, marketing and advertising, ecommerce and data protection

Support the business in terms of new and existing business initiatives with the customer as the primary focus

Ensure the business is protected legally, compliant, has certainty regarding its rights and obligations and is effectively risk-managed

Principal Accountabilities

• Provide strategic legal leadership to the Kriya business on their products specifically invoice finance and embedded finance including:
• Providing regulatory and strategic product development advice
• Drafting and maintaining product terms and conditions and customer-facing legal documents
• Providing guidance on guarantees, security and subordination
• Advise and provide support to the business on new product development including drafting product collateral
• Enable strategic geographic expansion across products
• Draft, negotiate and advise on a wide variety of commercial contracts with our strategic partners including forward flow and white label arrangements
• Advise on employment, intellectual property, property matters and anything else the business needs
• Stay up to date with relevant changes in the law and share knowledge with the team to ensure regulatory changes are planned for and advised upon in good time
• Provide legal advice and support to the GC and other stakeholders across the wider business
• Support others in the team so we are all continuously learning and growing together

Personal Attributes & Experience

• 4-6 years qualified English lawyer
• Ability to take the lead in commercial contract negotiations and drafting
• In-depth knowledge of contract law concepts with an understanding not only of common legal provisions but also the ability to provide a commercial and pragmatic overlay
• Experience in financial services in particular invoice financing, embedded finance and other forms of SME lending
• Highly motivated with the ability to work independently and as part of a team
• Excellent communication and drafting skills
• Continuous learning mindset for emerging technologies

Working at Allica Bank

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

Dont tick every box

Dont worry if you dont have all the skills or requirements listed on the job description. If you think youll be a good fit wed still love to hear from you!

Flexible working

We know the 9-to-5 isnt right for everyone. Thats why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and if we can we will do our best to accommodate.

Diversity

Were a diverse bunch here at Allica with all kinds of experiences backgrounds and lifestyles. Our openness and differences make us stronger and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

Required Experience:

Senior IC

Key Skills

HR Development, Delivery, Flooring, Irrigation, ACCA, Document Management

Employment Type: Full-Time

Department / Functional Area: Legal

Experience: years

Vacancy: 1