At a Glance
- Tasks: Manage lending cases from offer to completion, ensuring efficiency and accuracy.
- Company: Join Allica Bank, the UK's fastest-growing fintech firm focused on SMEs.
- Benefits: Enjoy flexible working, competitive salary, private health cover, and a supportive environment.
- Other info: Diverse workplace with opportunities for growth and social activities.
- Why this job: Make a real impact in the financial sector while developing your career.
- Qualifications: Experience in lending or credit operations with strong attention to detail.
The predicted salary is between 29700 - 36300 £ per year.
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
This is a key role in delivering a fast, accurate and well-controlled lending journey.
You will manage a portfolio of cases from offer and post-sanction administration through to drawdown and completion, making sure every case is progressed efficiently and every condition is properly satisfied.
Commercial mortgages will be a core part of the role, alongside other commercial lending products such as GGS loans, overdrafts, business loans, asset finance, non-property-backed lending and unsecured lending.
You will work closely with Relationship Managers, Underwriting, legal and valuation partners and other teams across the bank.
- Principal Accountabilities
- Manage a pipeline of lending cases from offer to completion, meeting service levels, quality standards and expected completion timelines.
- Deliver post-sanction administration, including releasing communications, instructing legal and valuation partners and coordinating payments.
- Review and satisfy Conditions Precedent and other completion requirements, escalating risks, gaps and delays early.
- Coordinate drawdown and completion activity accurately, ensuring the right approvals, documentation and controls are in place.
- Build effective working relationships with Relationship Managers, Underwriting, solicitors, valuers and other internal and external stakeholders.
- Maintain clear, accurate and audit-ready case records, including sanction audit trails, customer records and updates to the core banking system.
- Communicate relevant information clearly so that colleagues and decision-makers understand the position, risks and actions required.
- Work in line with bank policies, procedures, regulatory requirements, Conduct and Treating Customers Fairly expectations.
- Support wider lending and Operations activity, including cross-skilling, issue resolution, quality improvements and change initiatives.
- Personal Attributes & Experience
- Experience in lending, credit operations, mortgage completions, loan administration or a similar financial services environment.
- A practical understanding of the commercial lending journey and pipeline management, ideally including commercial mortgages.
- Strong attention to detail and the ability to analyse information, identify issues and make sound, timely decisions.
- A customer-focused approach and a track record of delivering a high standard of service in a fast-paced environment.
- Good financial and commercial awareness, with an understanding of the importance of risk, controls and accurate record keeping.
- Clear written and verbal communication skills, with the confidence to build relationships and have constructive conversations.
- Strong organisation and IT skills, with the ability to manage competing priorities and maintain momentum across a live pipeline.
- 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.
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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Credit Operations Specialist in Milton Keynes employer: Allica Bank Limited
Allica Bank is an excellent employer that fosters a collaborative and innovative work culture, where employees are empowered to take ownership of their roles in enhancing IAM controls across cutting-edge platforms like Microsoft Entra ID and Google Cloud. With a strong focus on employee growth, Allica Bank offers numerous opportunities for professional development and training, ensuring that team members can thrive in their careers while contributing to meaningful projects that enhance security and efficiency within the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Operations Specialist in Milton Keynes
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Allica Bank Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Operations Specialist in Milton Keynes
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Allica Bank Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Allica Bank Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Allica Bank Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Allica Bank Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Allica Bank Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Allica Bank Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
