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Open nowPosted 6 days ago

Business Development Director - Bridging

Allica Bank28 open roles

Where
London Office
Work mode
Hybrid
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Your applicationOpen nowBusiness Development Director - BridgingAllica Bank · London Office
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Allica Bank postings stay open a median of 10 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: posted 6 days ago

Allica Bank median: 10 days open

The posting

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 Overview

In August 2024, Allica Bank entered the bridging finance market with the acquisition of Tuscan Capital where its highly experienced team has been retained to help build a specialist division with the ambition to become a market leader in the bridging finance sector, leveraging our proven success in commercial mortgages and asset finance.

To support this growth, we are expanding our team into the regional areas to meet the increasing demands of the intermediary market.

Principal Accountabilities

- Building and relationship managing a portfolio of bridging finance Introducers in the South, with responsibility for day-to-day management of the relationships.

- Originating, structuring, and progressing bridging applications from Introducers and Borrowers, from initial enquiry through to completion.

- Managing a team of three Business Development Managers within the South region.

- Attending industry events, conferences, and networking functions to promote the company’s brand and identify new opportunities for collaboration.

- Writing deal submissions in line with Allica’s credit policy and appetite as well as working closely and collaboratively with various stakeholder teams to ensure smooth loan execution.

- Promoting the Banks culture and values.

- Being a positive contributor to Allica’s culture, and always promoting our values of Straightforward, Integrity, Collaborative and Delivery.

- Complying with all mandatory policies, and adherence to operational procedures to maintain internal controls.

- Delivering territory Business Plan and making an active contribution to targeted team lending volumes.

- Establishing and actively managing objectives and a personal development plan.

Personal Attributes & Experience

- Highly capable in business development with a track record of success in the property finance sector.

- Knowledge of the bridging finance process, including underwriting, deal structuring, and compliance.

- Strong network within the South, including brokers, property investors, and developers.

- Excellent communicator, negotiator, and relationship-builder.

- Self-motivated and results-driven, with the ability to work independently and manage a regional territory.

- Experience with other finance products such as commercial investment and development finance.

- Familiarity with regulatory requirements and industry best practices.

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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.

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