At a Glance
- Tasks: Lead product strategy and create innovative solutions for accountants in the fintech space.
- Company: Join Allica Bank, the UK's fastest-growing fintech firm focused on SMEs.
- Benefits: Enjoy flexible working, private health cover, and a supportive work environment.
- Other info: Diverse and inclusive culture with opportunities for personal and professional growth.
- Why this job: Make a real impact by transforming how accountants support their SME clients.
- Qualifications: Experience as a Product Owner in financial services, especially with accountants.
The predicted salary is between 72000 - 88000 £ 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 full-ownership product role at the centre of one of Allica's most effective growth channels. Accountants already introduce established SMEs to Allica and are often the first port of call when those clients make financial decisions. You will be responsible for turning that relationship into a product experience that drives more recommendations, retention and product depth across their client base. You will define and deliver Allica's proposition for accountants: a product that must feel trustworthy, work flawlessly across a portfolio of client accounts, and set the standard for how Allica builds propositions for the specific people and partners around our SME customers.
You will own the full product lifecycle: setting strategy, shaping the roadmap, leading your squad, and being accountable for commercial outcomes. You will work with a deep understanding of how accountants operate, such as day-to-day reconciliation, VAT and payroll processing, and cash flow advisory across a portfolio of clients, and bring that expertise to bear on a product that is both ambitious and grounded in what accountants and their SME clients actually need.
Principal Accountabilities
- Own the end-to-end product strategy, vision, roadmap and execution for Allica's accountants proposition
- Lead a cross-functional squad (Engineering, Design, Data and Operations) to deliver high-quality customer-facing product features
- Take full commercial accountability for your squad's OKRs — including accountant-driven customer acquisition, growth, retention, and product depth across accountant-connected SMEs
- Define and implement the accountant access model, from read-only visibility into client accounts toward richer permissions and access controls
- Define and deliver the accountant-facing product experience — a multi-client experience and workflow tools that help accountants monitor, reconcile and advise across their portfolio of SME clients
- Partner with Design, UX and Research to use customer discovery, prototyping and iterative research with both accountants and their SME clients to validate what to build next
- Define metrics, track outcomes, and anchor all decisions in data — building a culture of evidence-based product development within the squad
- Identify and manage product, regulatory, and delivery risks proactively, working closely with Compliance and Risk teams to ensure the product meets all relevant obligations
- Maintain a clear and well-communicated roadmap, providing regular updates to the Tribe Lead, wider squads and leadership
Personal Attributes & Experience
- Significant experience as a Product Owner or Product Manager in financial services, ideally building products for accountants, bookkeepers or other professional services audiences
- Deep understanding of how accountants and bookkeepers operate day to day, including practice workflows, client management, and common accounting software such as Xero, QuickBooks and Sage
- Experience taking a product from early MVP to a fully-fledged proposition, ideally within banking, fintech or professional services software
- Strong commercial acumen — comfortable owning OKRs and making data-driven prioritisation decisions
- Excellent written and verbal communication skills, with the ability to operate confidently across technical, commercial and regulatory audiences
- Decisive, with a track record of moving quickly while maintaining quality and managing risk appropriately
- Experience working in agile squads with Engineers, Designers, Data Analysts and Operations
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.
Product Owner in London employer: Allica
Allica Bank is an excellent employer that prioritises employee growth and development within a dynamic and supportive work culture. Located in a vibrant area, we offer competitive benefits and the opportunity to make a meaningful impact in the lending sector, ensuring fair outcomes for our customers while fostering strong relationships. Join us to be part of a team that values innovation and collaboration as we scale our operations.
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner in London
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like Allica!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at Allica would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at Allica through your school's career services!
We think you need these skills to ace Product Owner in London
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Owner, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Owner position at Allica. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at Allica
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
