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Business Development Manager - Bridging Finance - Midlands

Allica Bank

RemoteFull-time

About the role

Allica Bank is seeking a Business Development Manager for its Bridging Finance division, focusing on the Midlands region. This remote full-time role involves managing relationships with a portfolio of bridging finance introducers, overseeing the progression of applications from initial inquiry to completion. The position requires the ability to write credit papers in accordance with the bank's policies and to collaborate with various teams to ensure effective loan execution. Candidates should be comfortable attending industry events and networking to promote the bank's brand and identify new business opportunities. The role emphasizes the importance of contributing positively to the company culture, which values straightforwardness, integrity, collaboration, and delivery. While the advert does not specify required qualifications or experience, it implies that a background in finance or business development would be beneficial. This position is ideal for individuals who thrive in a dynamic environment and are passionate about supporting established SMEs in the financial sector.

The advert

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 Description 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 Midlands, 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. - Attending industry events, conferences, and networking functions to promote the company’s brand and identify new opportunities for collaboration. - Writing credit papers credit papers 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 Midlands, 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. #LI-Remote #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.

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