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Business Development Manager - Bridging Midlands & SW

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.

Principal Accountabilities

  • Establishing ourselves as the preferred lender for commercial bridging finance in the Midlands.

  • Developing and managing relationships with a portfolio of bridging finance introducers in the Home Counties, with responsibility for the day-to-day management of these relationships.

  • Managing the origination, structuring, and progression of bridging applications from Introducers and Borrowers, from initial inquiry to completion.

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

  • Writing 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 Home Counties, 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 property finance products such as commercial investment and development finance.

  • Familiarity with regulatory requirements and industry best practices.

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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CEO of Allica Bank
Allica Bank CEO photo
Richard Davies
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Average salary estimate

$50000 / YEARLY (est.)
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$40000K
$60000K

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What You Should Know About Business Development Manager - Bridging Midlands & SW, Allica Bank

Are you ready to take the next step in your career? Allica Bank is on the hunt for a dynamic Business Development Manager to join our Wolverhampton team, focusing on bridging finance in the Midlands and Southwest regions. As the fastest-growing financial technology firm in the UK, Allica Bank is committed to serving established SMEs, a vital part of our economy often overlooked by traditional banks. In this role, you'll establish relationships with key introducers and manage the progression of bridging applications from inquiry to completion. Your expertise in business development and a robust network in property finance will be your greatest assets as you attend industry events and promote Allica’s brand. We value communication and collaboration, so a knack for relationship-building is essential. You’ll play a pivotal role in delivering the territory business plan while contributing to a culture built on straightforward integrity and teamwork. Plus, with our commitment to flexible working and employee wellbeing, you’ll find a supportive environment where your professional growth is a priority. At Allica Bank, it’s not just about the job; it’s about joining a diverse community that celebrates your individuality while working towards a common goal. Come be part of our journey as we reshape the landscape of financial services for SMEs!

Frequently Asked Questions (FAQs) for Business Development Manager - Bridging Midlands & SW Role at Allica Bank
What are the responsibilities of a Business Development Manager at Allica Bank?

As a Business Development Manager at Allica Bank, your main responsibilities include establishing Allica as the preferred lender for commercial bridging finance in the Midlands, managing relationships with bridging finance introducers, and overseeing the origination and structuring of bridging applications. You will also attend industry events to promote the company’s brand and work diligently on writing credit papers in line with Allica’s policies.

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What qualities does Allica Bank look for in a Business Development Manager?

Allica Bank seeks a Business Development Manager with exceptional communication skills and a strong track record in business development, specifically in the property finance sector. Key attributes include being self-motivated, results-driven, and capable of managing a regional territory independently, along with having a solid understanding of the bridging finance process.

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What experience is required for the Business Development Manager position at Allica Bank?

Candidates applying for the Business Development Manager position at Allica Bank should have substantial experience in business development within the property finance sector. Familiarity with underwriting, deal structuring, and regulatory requirements, along with a strong network in the Home Counties, is essential for success in this role.

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What are the benefits of working at Allica Bank as a Business Development Manager?

Working at Allica Bank comes with several benefits designed to support our employees. These include full onboarding support, continued development opportunities, flexible and hybrid working options, social activities, pension contributions, a discretionary bonus scheme, and private health cover, making it an ideal workplace for growth and work-life balance.

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How does Allica Bank promote a diverse workplace for Business Development Managers?

Allica Bank is committed to creating a diverse workplace that fosters inclusivity. We believe that diverse backgrounds and experiences strengthen our team, and as a Business Development Manager, you will be encouraged to bring your authentic self to work. We value openness and differences, making sure everyone feels comfortable and valued.

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Common Interview Questions for Business Development Manager - Bridging Midlands & SW
Can you describe your experience with bridging finance?

When answering this question, highlight specific experiences in the bridging finance sector, such as past roles that required managing bridging applications or dealing with underwriting processes. Share clear examples of successful projects and the skills you utilized.

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How do you manage relationships with introducers?

Focus on your strategy for building and maintaining these relationships. Discuss communication techniques, regular check-ins, and any CRM tools you use to keep track of interactions and ensure follow-ups, emphasizing your collaborative skills.

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What techniques do you use for effective negotiation?

Employ scenarios from your past experiences to showcase your negotiation skills. Speak about how you prepare, understand the other party's position, and find mutually beneficial solutions while maintaining integrity in your dealings.

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How do you ensure compliance with regulatory requirements?

Explain your understanding of regulatory frameworks relevant to bridging finance. Discuss your process for staying updated on compliance protocols and how you have implemented these in past roles to ensure adherence throughout the application process.

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What motivates you in a business development role?

Share personal motivations such as the challenge of driving growth, creating mutually beneficial partnerships, and the satisfaction of seeing companies thrive due to your efforts. Relate this to your passion for the property finance sector as well.

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How do you handle challenges in your territory?

Provide an example of a specific challenge you faced in a previous role and how you overcame it. Discuss your problem-solving skills and your ability to adapt strategies based on market conditions.

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What is your approach to origination and structuring of bridging applications?

Detail your process for assessing applications, from initial inquiry to structuring deals. Highlight your collaboration with various teams and how this ensures smooth execution, showcasing your operational understanding.

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How do you keep yourself updated on industry trends?

Discuss the resources you utilize for staying informed, such as industry publications, webinars, and networking events. Emphasize your proactive approach to continuous learning and how it enhances your performance.

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Can you give an example of a successful deal you closed?

Be prepared to share a detailed account of a significant deal, including the challenges faced, the role you played, and the outcome. This will showcase not just your technical skills, but also your resilience and commitment.

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What do you think sets Allica Bank apart in the fintech sector?

Research Allica Bank’s unique value propositions and culture, and express your thoughts on how their commitment to underserved SMEs and innovative banking solutions attracts clients and makes the bank a leader in the fintech space.

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Full-time, hybrid
DATE POSTED
April 6, 2025

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