--- title: 'Graduate Fullstack Engineer at Allica Bank' canonical: 'https://feeny.ai/job/graduate-fullstack-engineer-allica-bank-milton-keynes-0j9tcecr7t6c' type: 'job' last_seen: '2026-09-07' --- # Graduate Fullstack Engineer at Allica Bank - **Company:** Allica Bank - **Location:** Milton Keynes, United Kingdom - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-08-20 - **Last confirmed live:** 2026-09-07 - **Apply:** https://jobs.ashbyhq.com/allica-bank/82a8c032-e67a-4bc9-bd71-ffb3ef694a3d ## Job description ## 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. ## Role Description As a Graduate Full Stack Engineer, you'll join a single squad and contribute across both frontend and backend under the guidance of more experienced engineers. The role exists to learn fast and ship small, well-tested changes that help our customers. This role is ideal for someone who has recently graduated from a leading university and is excited about applying modern software engineering practices to real business problems. You may not have extensive industry experience yet, but you have demonstrated your capabilities through academic projects, internships, hackathons, research, open-source contributions, or personal projects. You'll build your skills in Spring Boot microservices (Kotlin/Java) and modern web technologies (React/TypeScript), working with containerised services on Azure Container Apps and web applications deployed via Azure Static Web Apps. You'll learn and apply our practices in testing, observability, CI/CD, security, performance, and accessibility, ensuring your changes meet the standards expected of a UK bank. You'll work closely with experienced engineers, Product Managers, and Designers: writing code, raising and responding to code reviews, pairing with colleagues, asking questions early, and using GenAI tools (e.g. GitHub Copilot, Claude Code) responsibly and under guidance. Principal Accountabilities: Full Stack Delivery - Deliver scoped pieces of work end-to-end across the full stack, with support from more experienced engineers. - Build backend services as Kotlin/Java Spring Boot microservices, containerised on Azure Container Apps and exposing REST/OpenAPI APIs that integrate with other services and data stores. - Build frontend features in React/TypeScript using shared design system components and agreed architectural patterns (e.g. Nx, micro frontends), deployed on Azure Static Web Apps. Quality, Security & Accessibility - Write automated tests for the changes you make and help improve the reliability of the squad's CI pipelines and test suites. - Add logs, metrics, and traces to the services you work on, and use the squad's dashboards and alerts to understand how your changes behave in production. - Apply secure coding basics (e.g. OWASP fundamentals) and follow agreed patterns for logging, audit trails, and the handling of customer data. - Build user-facing features that meet accessibility standards (WCAG-aware). Product Development - Work closely with Product Managers and Designers in your squad to understand the intent behind the work and flag questions or issues early. - Rapidly prototype ideas and iterate based on feedback and real-world usage. - Contribute to the end-to-end delivery of features from concept through to production, leaving the codebase in better shape than you found it. Learning & Innovation - Read and apply the squad's Architecture Decision Records (ADRs) and wider engineering standards, asking for guidance where the context is unclear. - Use GitHub Copilot/Claude Code as your primary assistive tools under guidance, demonstrating full understanding of all code you commit and validating AI-generated output before review. - Take ownership of your own development, acting on feedback from code reviews, pairing sessions, and one-to-ones with your line manager. - Stay current with developments in software engineering and AI-assisted delivery and contribute ideas in technical discussions across the team. Personal Attributes & Experience We strongly value: - Curiosity and a genuine passion for technology. - A builder mindset with a desire to create products that people use. - Ownership and accountability. - Strong problem-solving ability and analytical thinking. - A willingness to learn quickly and embrace feedback. - Excellent communication and collaboration skills, including a readiness to pick up tasks outside a specialism. - Comfort working in fast-moving and evolving environments. ## Skills & Experience Essential: - Bachelor’s or master’s degree in computer science, Software Engineering, Mathematics, or a related field from a reputable university. 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. ## About Allica Bank ## Company Overview - **One-liner**: Allica Bank is a British challenger bank and fintech that provides current accounts, savings, and lending products exclusively to established small and medium-sized businesses (SMEs) in the UK. - **Entity Type**: Private (Unicorn status achieved February 2026) - **Headquarters**: London and Milton Keynes, UK (with additional hubs in Manchester and India) - **Founded**: 2019 - **Founders**: Not publicly available (the bank was founded by a team; current CEO is Richard Davies, appointed July 2020) ## Core Business - **Primary industry/industries**: Financial Services, Fintech, Business Banking (SME Banking) - **Target customers**: B2B — Established UK businesses with 5–250 employees - **Mission or purpose statement**: "To give established businesses the banking they deserve" — combining fintech knowledge with start-up spirit to transform the business banking experience. ## Products & Services - **Business Rewards Current Account**: A full-featured business current account with unlimited fee-free UK transfers, team-level access, two-person authorisation, virtual cards (up to 20 per employee), expense management, and integrations with accounting software (Sage, Xero, QuickBooks, FreeAgent). Earns up to 1.5% cashback on card spend and integrated savings pots paying up to 4.08% AER interest. - **Business Borrowing**: Includes business overdrafts and lending products tailored for established SMEs. - **Savings Accounts**: Instant access savings accounts with competitive interest rates. - **Invoice Finance & Embedded Payments** (via acquisition of Kriya, October 2025): A new offering aiming to achieve £1 billion of invoice finance lending by 2028. - **Specialist Bridging Loans** (via acquisition of Tuscan Capital, August 2024): Short-term property-backed lending. ## Market Standing - **Valuation/Market Cap**: $1.2 billion (Unicorn status, February 2026) - **Key Metric**: Annual Revenue of £371.3 million (2025); Net Income of £36.9 million (2025); Total lending over £3.7 billion; Over 30,000 business customers (February 2026) - **Notable Investors/Partners**: Ventura Capital, GLG, Sona AM, TCV, Blue Owl, Atalaya Capital Management, Warwick Capital Partners - **Growth Signals**: - Named the UK's fastest-growing private company in The Sunday Times 100 (June 2024) - Named the UK's fastest-growing fintech ever in Deloitte's 2023 UK Tech Fast 50 - Listed as the second fastest growing company in Europe in the FT1000 (March 2025) - Over 700 employees (growing to 799 in 2025) - Achieved first full-year profit in 2023 - Acquired Kriya (invoice finance) and Tuscan Capital (bridging loans) to expand product suite ## Competitive Advantages - **Dedicated Relationship Management**: Every customer gets a UK-based relationship manager on speed dial — a return to "real relationship banking" that larger banks have moved away from. - **Proprietary Technology**: Tech teams design, test, and build everything in-house specifically for the needs of established businesses, not consumers or micro-businesses. - **No Monthly Fees**: Unlike traditional banks, Allica rewards customers with cashback and interest instead of charging monthly account fees. - **FSCS Protection**: Customer deposits are protected up to £120,000 by the Financial Services Compensation Scheme. - **Speed of Execution**: Company culture emphasises "Need for Speed" — they believe executing and improving faster creates a massive competitive advantage. ## Strategic Focus - **Product Expansion**: Growing beyond core banking into invoice finance, embedded payments, and specialist lending through acquisitions. - **Scaling Customer Base**: Targeting continued rapid growth from 30,000+ business customers, with a specific goal of £1 billion in invoice finance lending by 2028. - **Talent & Culture**: Building a team that blends "fintech knowledge with start-up spirit" while maintaining a focus on transparency and delivery over hierarchy. ## Why Work Here - **Culture & Values**: "Allicans" are described as passionate about the collective mission, with a culture of top talent, big thinkers, and a truly diverse workforce. Values include "Own it," "Need for Speed," "Straight Bat," and "Lead by Example." - **Employee Satisfaction**: 92% of employees said they enjoy working together (latest survey); 86% say they enjoy working there. - **Flexible Working**: Flexible working arrangements are offered, plus enhanced maternity, paternity, and shared parental leave. - **Benefits**: Competitive financial and wellbeing benefits, plus a packed staff social calendar. - **Growth Opportunity**: Described as "the UK's fastest-growing fintech ever" — employees get to help build the future of business banking and grow their own careers in a fast-paced, high-impact environment. - **Engineering Culture**: Tech teams design, test, and build everything in-house with a focus on transparency and data-driven decision making. Worth is measured by delivery of outcomes, not job titles or headcount. ## Sources 1. [allica.bank](https://www.allica.bank/about-us) 2. [allica.bank](https://www.allica.bank/) 3. [allica.bank](https://www.allica.bank/careers) 4. [jobs.ashbyhq.com](https://jobs.ashbyhq.com/allica-bank) 5. [wikipedia.org](https://en.wikipedia.org/wiki/Allica_Bank) ## Other roles at Allica Bank - [Direct Asset Finance Specialist](https://feeny.ai/job/direct-asset-finance-specialist-allica-bank-milton-keynes-8wgvxrympe19) — Milton Keynes, United Kingdom - [Technology Risk & Controls Manager](https://feeny.ai/job/technology-risk-controls-manager-allica-bank-london-r50ee2bvdf1v) — London, United Kingdom - [Regional Lead - Direct Relationship Management - South](https://feeny.ai/job/regional-lead-direct-relationship-management-south-allica-bank-wales-tw3d7sxetx6g) — Wales - [Regional Lead - Direct Relationship Management - North](https://feeny.ai/job/regional-lead-direct-relationship-management-north-allica-bank-leeds-nzknttxa8571) — Leeds, United Kingdom - [Regional Lead - Direct Relationship Management - Midlands](https://feeny.ai/job/regional-lead-direct-relationship-management-midlands-allica-bank-east-midlands-j16zyf7brqpd) — East Midlands - [Regional Lead - Direct Relationship Management - London](https://feeny.ai/job/regional-lead-direct-relationship-management-london-allica-bank-london-7rk1107fs5qy) — London, United Kingdom - [In-life Lending Manager](https://feeny.ai/job/in-life-lending-manager-allica-bank-manchester-ay0pq02d69nv) — Manchester, United Kingdom - [Operational Excellence & Procedures Lead](https://feeny.ai/job/operational-excellence-procedures-lead-allica-bank-milton-keynes-swf6gwceqte0) — Milton Keynes, United Kingdom - [Security Engineer - Identity and Access Management (IAM)](https://feeny.ai/job/security-engineer-identity-and-access-management-iam-allica-bank-milton-keynes-r2f9sg3wnds2) — Milton Keynes, United Kingdom - [Analyst, Lending Models](https://feeny.ai/job/analyst-lending-models-allica-bank-delhi-5x4av9h4nzg9) — Delhi, India