---
title: 'Invoice Finance Relationship Manager at Allica Bank'
canonical: 'https://feeny.ai/job/invoice-finance-relationship-manager-allica-bank-united-kingdom-k7mfzg3251e6'
type: 'job'
last_seen: '2026-09-14'
---

# Invoice Finance Relationship Manager at Allica Bank

- **Company:** Allica Bank
- **Location:** United Kingdom
- **Employment:** full-time
- **Work type:** remote
- **Posted:** 2026-06-08
- **Last confirmed live:** 2026-09-14
- **Apply:** https://jobs.ashbyhq.com/allica-bank/f4c662d7-52ff-456c-8249-3607a5d3d1c8/application

**Skills:** SME Lending, Invoice Finance, Credit Risk Management, Financial Analysis, Lending Proposal Structuring, Credit Application Writing

> Manage, retain, and grow a portfolio of SME customers in Invoice Finance by handling end-to-end onboarding, credit risk management, and upsizing. The role involves originating new lending opportunities and collaborating with sales and credit teams to deliver best-in-class service.

## 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 Relationship Manager in our Invoice Finance team, your primary responsibility will be to manage, retain and grow our existing customer portfolio. This will include managing upsizing and renewals of existing customer facilities, as well as winning new customers by managing the end to end process from application to onboarding. You will need to have the right blend of commercial acumen, customer service and the ability to effectively manage SME credit risk to be successful in this role. We expect our Relationship Managers to be recognised as valued partners and experts in business finance by their clients and in the communities they serve.

Principal Accountabilities

- Relationship manage a portfolio of Invoice Finance SME customers, understanding customers’ needs and business aspirations, and looking for opportunities to support them via Kriya and Allica Bank services.
- Your primary objective will be to manage, retain and grow our existing portfolio of Invoice Finance customers, ensuring they receive a best-in-class service. This will include managing the upsizing and renewals of existing customer facilities as well as ensuring an appropriate level of ongoing monitoring, financial and covenant reporting and oversight of the portfolio to deliver our target credit performance.
- You will have the opportunity to originate SME lending opportunities for both existing and new customers from initial enquiry through to completion, including writing credit papers in line with our credit policy and appetite.
- Delivering the Kriya Invoice Finance business plan, and actively managing your objectives and personal development plan.
- Making your colleagues proud that you represent Kriya and Allica, by ensuring excellent service for SME customers and prospects.
- Working closely and collaboratively with the wider sales team on new business opportunities, credit team and payment operations to ensure a seamless and professional service is always provided.
- Being a positive contributor to our culture, and always demonstrating our values.
- Complying with all mandatory policies, and adhering to operational procedures to maintain internal controls.

Personal Attributes & Experience

- Highly capable Relationship Manager and Business Developer with a long-term track record of building high-value, trust-based and long-lasting relationships.
- You will need to have a strong understanding of SME lending, which must include a background in Invoice Finance. Please, apply only if you have experience with Invoice Finance.
- You will be able to demonstrate a history of exemplary level of service, and of maximising the value with prospects and customers.
- You’ll demonstrate an ability to analyse and review financial accounts and associated information.
- You will be able to demonstrate a passion for SMEs, be a self-starter and bring an entrepreneurial mindset to your work.
- You will have excellent interpersonal and communication skills together with evidence of strong career progression and/or outperformance.
- You’ll be able to evidence an ability to work expertly with customers and colleagues to structure new lending proposals and write credit applications.
- You’re able to operate in a fast-moving, entrepreneurial environment with high personal accountability and a bias toward action.
- You bring strong commercial judgement with the ability to identify cross-sell opportunities.
- You’ll have a proven track record in providing excellent customer service, and in generating new income opportunities whilst effectively managing credit risk.
- You are comfortable with ambiguity and building and improving processes.

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)

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