Business Development Executive - Growth Finance

Allica Bank

Allica Bank

Accounting & Finance, Sales & Business Development
London, UK
Posted on Dec 16, 2024

About Allica Bank

Recently named In Deloitte’s annual Technology Fast 50 rankings, Allica is the UK’s fastest growing technology firm and the fastest-growing financial technology firm ever. Allica Bank is dedicated to serving and supporting small and medium businesses and empowering them to succeed. Allica is a new type of business bank, combining modern, powerful technology with local relationships in the community to deliver expert banking for businesses in Britain.

We offer businesses market-leading lending products, including commercial mortgages and asset finance, as well as a range of business and personal savings products.

Role Description

You will work closely with the Sales Managers and Head of Growth Finance. As the Growth Finance product develops national coverage during H2 2024, the person in this role will assist with face-to-face and digital marketing, at regional and national level, including taking responsibility for delivering projects such as LinkedIn campaigns and organising Team on Team meetings with national relationships. The role will also cover gathering and filtering market intelligence to maintain and update contacts and key targets. Once a new deal is in process, the Associate will work alongside the relevant Sales Manager to obtain the required background information for the initial financial analysis, market and sector analysis, compliance / regulatory information, and credit report details including attending site, meeting management and drafting elements of the first stage and final credit submissions.

What You'll Do

  • Working with the sales team, assisting with face-to-face and digital marketing to Key Business Introducers, prospective KBIs and clients.
  • Assisting in maintaining and developing the introducer base and extending the national network of corporate finance and debt advisory professionals, selected specialist brokers and similar.
  • Developing product knowledge and inter-personal skills to make appropriate level contacts with a view to developing an introducer network to support an individual sales targets within the next 12 to 24 months.
  • Developing a working understanding of assessing opportunities, working effectively to progress live deals, and ensuring momentum is maintained throughout the process of collecting the information required to submit a deal to first stage credit and make an offer.
  • Developing a working understanding of credit policy, risk factors and additional financial or commercial analysis which will be needed to be take an accepted offer to full credit submission.
  • Assist with management of the pipeline, ensuring records are kept up to date, all requests are responded to promptly and deals advance through the pipeline to credit approval quickly and efficiently.
  • Working closely and collaboratively with all areas of Allica to ensure a seamless and professional service is always provided.
  • Be an advocate for the product with colleagues throughout the bank.
  • Complying with all mandatory policies and develop and adhere to operational procedures to maintain a strong internal control environment.

Personal Attributes & Experience

  • Self-motivated, proactive and enthusiastic.
  • A desire to contribute to the success of a small, growing team. Customer focus, attention to detail and a desire to learn will be key personal attributes.
  • An ability to develop strong working relationships.
  • Able to work to deadlines while managing a varied workload.
  • Able to interpret financial information including balance sheet and cash forecasting -(Desirable).

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

  • Full onboarding support and continued development opportunities
  • Options for flexible working
  • Regular social activities
  • 25 days holiday – with the option to Buy/Sell
  • Pension contributions
  • Discretionary bonus scheme
  • Private health cover (with the option to add family members)
  • Life assurance
  • Income Protection
  • Family friendly policies including enhanced Maternity & Paternity leave
  • Season ticket loans

Don’t tick every box?

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

Diversity

We’re 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.