Allica Bank
Senior ABL Transaction Associate
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
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 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 by both 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 (GF) 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 advisers.
This role requires meticulous attention to detail and the ability to thrive in a fast-paced environment, while prioritising deals effectively. Additionally, you will take ownership of maintaining up-to-date documentation and reports, adhering to organisational standards and regulatory requirements.
Principal Accountabilities
- Work with the RM & BDM team to oversee and manage the onboarding of new clients and introducers, including:
- Credit searches
- Organising KYC (Know Your Customer) approval
- Preparing or reviewing required documentation
- Providing operational support toward first drawdown
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
-
Contribute to the development of GF (Growth Finance) procedures and policies, proactively identifying opportunities for continuous improvement to enhance the client journey.
-
Assist with the diarising of facility milestones, ensuring:
- All required client information is received in a timely manner
- Compliant saving, recording, and review
-
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
- Collateral overview
- An accurate and comprehensive summary of:
-
Responsible for ensuring new or increased GF client or debtor risks are escalated to the Senior Relationship Manager where appropriate without delay.
-
Ongoing engagement with relevant functional areas of the bank, particularly Risk, Operations, and Finance, to ensure:
- Effective collaboration
- Awareness of changes in policies/processes
-
Assist in maintaining the introducer base, expected to consist of:
- Corporate finance and debt advisory professionals
- Selected specialist brokers
Personal Attributes & Experience
-
Experience reviewing legal documentation related to business finance, with familiarity of relevant terminology.
-
Strong organisational and time management skills, with the ability to:
- Coordinate and manage multiple deals simultaneously
-
A natural team player with the ability to:
- Develop strong working relationships
-
Excellent interpersonal and communication skills.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
-
Experience of working competently with Microsoft Excel, PowerPoint, and Word.
-
Ability to work in a fast-paced environment without compromising attention to detail or accuracy.
-
Ability to interpret financial information, including:
- Balance sheets
- Cash forecasting
-
Understanding of operational aspects of business finance, including:
- Receivables
- Asset-based lending
-
Basic familiarity with legal processes and logistical requirements involved in corporate transactions and acquisitions.
Working at Allica Bank
At Allica Bank, we want to ensure our employees have the right tools and environment to succeed in their role and to support 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 that ‘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 works best for you, and we will do our best to accommodate you.
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 as they like.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location