Allica Bank · London
Senior ABL Transaction Associate
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 establi...
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.
ABOUT GROWTH FINANCE
Having already achieved significant success in the commercial mortgage and asset finance markets, Allica launched an innovative
new Growth Finance product in 2023. This delivers working capital funding with facility sizes between £1m-£10m and is principally
an asset-based lending product.
Since launch, the product has been well received in the market and the client portfolio has grown quickly. We now plan to expand
regional presence so that we can meet the funding needs of even more growing established, businesses.
ROLE DESCRIPTION
We are seeking a highly organised and proactive Senior Transaction Associate to join our team. You will be responsible for
coordinating and overseeing the onboarding of new clients and introducers by proactively working alongside our sales team and
other key stakeholders such as external lawyers and advisories.
This role requires meticulous attention to detail and the ability to work well in a fast-paced environment, prioritising deals
effectively. In addition, you will take ownership of maintaining up to date documentation and reports, adhering to organisational
standards and regulatory requirements.
PRINCIPAL ACCOUNTABILITIES
- Working with the RM & BDM team, to oversee and manage the onboarding of new clients and introducers, including but not limited
to credit searches, organising KYC approval, preparing or reviewing required documentation and operational support towards
first drawdown.
- Contribute to the development of the GF procedures and policies, proactively identifying opportunities for continuous
improvement to enhance the client journey.
- Assist with the diarising facility milestones, ensuring that all required client information is received in a timely manner,
and compliantly saved, recorded and reviewed.
- Assist with the preparation of client drawdown requests when required ensuring all relevant departments receive appropriate
information in a timely manner.
- Assist in the production of monthly portfolio reports which provide an accurate and comprehensive summary of client financial
performance, covenant compliance and collateral overview.
- Responsible for ensuring that any new or increased GF client or debtor risks are escalated to the Senior Relationship Manager
where appropriate and without delay.
- Ongoing engagement with other relevant functional areas of the bank, particularly Risk, Operations and Finance to ensure
effective collaboration and awareness of changes in policies/processes.
- Assisting in maintaining the introducer base, expected to be corporate finance and debt advisory professionals in addition to
selected specialist brokers.
PERSONAL ATTRIBUTES & EXPERIENCE
Experience reviewing legal documentation related to business finance, with a good understanding of relevant terminology.
Strong organisational and time management skills, with the ability to coordinate and manage multiple deals simultaneously.
You’re a natural team player with an ability to develop strong working relationships.
You will have excellent interpersonal and communication skills together.
Experience of working competently with the Microsoft Excel, PowerPoint and Word.
You will be able to work in a fast-paced environment whilst not compromising attention to detail or accuracy.
Able to interpret financial information including balance sheet and cash forecasting.
You understand the operational aspects of business finance, including receivables and Asset Based Lending
- A basic familiarity with the legal processes and logistical requirements involved in corporate transactions and acquisitions.
#LI-AD1
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
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 on the job description. If you think you’ll be a good fit,
we’d still love to hear from you!
Flexible working
We know the ‘9-to-5’ isn’t right for everyone. That’s 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
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.
Roll
Senior ABL Transaction Associate
Plats
Publicerad
2 juli
Sista ansökningsdag
17 augusti
Källa