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Allica Bank, the UK's fastest-growing fintech firm, is expanding its bridging finance division following the acquisition of Tuscan Capital in August 2024. The division aims to become a market leader in bridging finance by leveraging Allica's proven success in commercial mortgages and asset finance.
You will lead business development efforts for the bridging finance business in the South region, managing a team of three Business Development Managers. Your responsibilities include:
- Building and relationship-managing a portfolio of bridging finance introducers in the South, with day-to-day management accountability.
- Originating, structuring, and progressing bridging applications from introducers and borrowers from initial enquiry through completion.
- Managing and developing a team of three Business Development Managers.
- Attending industry events, conferences, and networking functions to promote the company's brand and identify collaboration opportunities.
- Writing deal submissions aligned with Allica's credit policy and appetite, working collaboratively with stakeholder teams to ensure smooth loan execution.
- Delivering the territory business plan and contributing to targeted team lending volumes.
- Establishing and actively managing personal objectives and development plans.
- Promoting Allica's culture and values (Straightforward, Integrity, Collaborative, Delivery).
- Ensuring compliance with all mandatory policies and operational procedures.
Allica Bank is committed to flexible and hybrid working arrangements. The company offers full onboarding support, continued development opportunities, regular social activities, pension contributions, discretionary bonus scheme, private health cover, life assurance, and family-friendly policies including enhanced maternity and paternity leave.
REQUIREMENTS:
- Highly capable in business development with a proven 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 region, including brokers, property investors, and developers.
- Excellent communication, negotiation, and relationship-building skills.
- Self-motivated and results-driven, with ability to work independently and manage a regional territory.
- Experience with other finance products such as commercial investment and development finance (preferred).
- Familiarity with regulatory requirements and industry best practices.
