Capital Markets Manager

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

Department Description

The Capital Markets team sits within Finance, reporting to the CFO. The team is primarily responsible for arranging and executing transactions to optimise bank capital efficiency with a focus on synthetic securitisation and structured credit trades. The team is also involved in the issuance of hybrid capital instruments (AT1/T2) and providing support for portfolio acquisition / forward-flow transactions as needed.

Purpose of Role

You will report to Allica’s Head of Capital Markets in ensuring that Allica optimises its capital efficiency. This will include raising capital for Allica and designing and implementing capital efficient solutions, with a particular focus on securitisation, but also working with equity and AT1/T2 investors.

You will execute Allica’s approach to securitisation to diversify sources of capital and funding, and to deliver ROE accretive trades so as to power the multibillion pound growth in Allica’s lending business

Principal Accountabilities

• Manage capital raising and optimisation activities for Allica with particular focus on structured credit and securitisation transactions
• Execute the strategic approach to use securitisation to access different pools of investor capital in order to execute ROE accretive trades, and provides options for diversified sources of funding
• Structure and execute structured transactions, leading the end-to-end process from origination through to execution and placement
• Assist with the reporting and management of existing and new transactions
• Develop Allica’s approach to diversifying funding sources through capital markets
• Manage the processes, data and technology infrastructure in place to support the Capital Markets function working with the Finance and Data teams
• Manage the relationships with Allica’s investment banks, rating agencies, lawyers and auditors
• Collaborate internally with Product, Finance, Risk and Commercial teams to provide a capital markets perspective into the FP&A and business strategy processes
• Prepare board and executive level presentations to guide business strategy decisioning and reporting

Personal Attributes & Experience

• Significant securitisation and/or structured credit transaction execution experience is essential
• Good knowledge of capital requirements regulation applicable to UK banks
• Ideally having working knowledge of Significant Risk Transfer (SRT) regulation and analysis
• Strong understanding of financial structuring, modelling and data
• Practical commercial approach to managing investor / third-party relationships
• Proven problem-solving, conceptual thinking, and analytical abilities
• Strong process improvement and project management abilities

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.

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
• 25 days holiday – with the option to Buy/Sell
• Pension contributions
• Discretionary Bonus/Equity scheme
• Private health cover (with the option to add family members)
• Life assurance
• Income Protection
• Family friendly policies including enhanced Maternity & Paternity leave
• Season ticket loans