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Allica bank
Finance & Accounting 4d ago

Senior Business Development Manager - Invoice Finance at Allica Bank

Allica bank
United KingdomUnited Kingdom
Full-time
Not Disclosed
Senior-Level

Job Description

Key Skills Required

Master these to land this role

SME LendingInvoice FinanceCross-Sell OpportunitiesDeal StructuringBusiness Development

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About Allica Bank

Allica is the UK’s fastest-growing financial technology (Fintech) firm, specializing in serving established SMEs—a major underserved opportunity in the industry. These businesses form over a third of the UK economy but have been neglected by both traditional banks and modern fintech providers.

Role Description

As a Senior Business Development Manager in the Invoice Finance team, you will:

  • Take ownership of high-value, strategically important Invoice Finance opportunities and introducer relationships.
  • Master complex deal structures and credit considerations within Kriya’s framework.
  • Mentor junior BDMs by sharing best practices in prospecting, qualification, and deal structuring.
  • Originate and close high-value, complex deals to meet monthly, quarterly, and annual targets.
  • Build and manage strategic introducer relationships, including partnerships with brokers and accountancy firms.
  • Lead the structuring of complex lending proposals in collaboration with the credit team.
  • Develop and execute the commercial business plan for Invoice Finance, aligning with strategic goals.
  • Identify and pursue multi-product cross-sell opportunities across Allica Bank’s offerings.
  • Ensure compliance with all mandatory policies and operational procedures.

Channels You’ll Work With:

  • Strategic introducer and broker relationships
  • Key accountancy firm partnerships
  • Direct outreach on larger opportunities
  • Cross-sell referrals from across Allica Bank

Personal Attributes & Experience:

  • A substantial track record in new business origination for Invoice Finance or related SME lending products, with success on larger, complex deals.
  • Experience building and managing strategically important introducer and broker relationships.
  • Deep understanding of the Invoice Finance market, deal structuring, and credit considerations.
  • Comfortable operating with high autonomy and representing the business at a senior level.
  • A natural mentor, willing to share knowledge and elevate team standards.
  • Strong commercial judgment with a track record of identifying and converting cross-sell opportunities.
  • Managerial or hiring experience is a plus.
  • Comfortable with ambiguity and improving processes as the business scales.

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Allica Bank is a modern, digitally-enabled bank that provides financial services to small and medium-sized businesses. As a specialist bank, Allica focuses on serving the needs of entrepreneurs and business owners, offering a range of products and services designed to help them manage their finances and grow their businesses. With a strong emphasis on technology and customer service, Allica Bank aims to provide a more personalized and efficient banking experience for its customers. The bank's product offerings include business current accounts, savings accounts, loans, and other financial solutions tailored to the specific needs of small and medium-sized businesses. By leveraging cutting-edge technology and a team of experienced banking professionals, Allica Bank is well-positioned to support the growth and development of businesses in the UK and beyond.

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