UK remote
Regional Lead - ABL Origination
About this role
About Allica Bank Allica is the UK’s 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.
Department Description As the fastest growing lending product in the UK's fastest growing bank. Our differentiated ABL offering continues to go from strength to strength. We are now looking to build our regional presence and would love to speak to established ABL originators who can help us continue to disrupt the status quo. Allica Growth Finance delivers working capital funding to established UK businesses, with facility sizes between £1m-£10m.
Our Growth Finance offering is innovative and differentiated from other working capital solutions and, since we launched the product in 2023, has been well received resulting in a rapidly growing portfolio of SME clients. During the origination process, we gain a deep understanding of each business. This informs both facility structuring and risk management as well as providing the foundation of our ongoing relationship.
Role Description The Growth Finance Regional Lead will be responsible for contributing to the generation of Growth Finance opportunities to meet, and ideally exceed, forecast portfolio assets and income/returns. As well as growing the portfolio, it is important that we manage risk within the bank’s appetite. You will be responsible for ensuring that new business opportunities are properly assessed and the risks and mitigants pertaining to each deal are identified and articulated in the credit submission.
This role will also have responsibility for development and maintenance of a portfolio of professional introducers as well as profile of the bank in their respective regions. Principal Accountabilities - Based on individual target, contribute to the delivery of the new business volume and income plan for Growth Finance. - Ensuring that all relevant information, risks and mitigants are considered when presenting opportunities for consideration.