Product Manager, Allica Bank
1-2 days a week in office
Fintech SME banking
Job no longer available
Fintech SME banking
501-1000 employees
Job no longer available
1-2 days a week in office
501-1000 employees
Company mission
To give established businesses the banking they deserve.
Role
Who you are
- Pro-active problem solver, good at breaking down complex issues and producing simple, high-quality solutions that scale with minimal iterations required
- Strong at making sure solutions get delivered, with a bias towards finishing the job and seeing things through
- Knowledge and experience of modern agile technical delivery is a plus
- Experience in a fast-moving or high-growth business
- Good stakeholder management skills, and strong sense of ownership/pro-activeness
- Proven track record of working with data to deliver solutions and accelerate decision making (eg. SQL, Python, Excel)
- Strong analytical skills and business acumen
- Bachelor’s degree or equivalent
- Knowledge of payments processes, principles and systems preferred but not essential
What the job involves
- Support innovation and end-to-end solution design and delivery for the Payment Account, along with any associated systems, data flows and reporting
- Ensure that product discovery and development are customer-centric and data-driven
- Collaborate with other business lines and stakeholders to understand requirements driven by our high-growth plans and new product launches, and translate them into functional requirements
- Develop, prioritise, and execute the Payment Account mission squad roadmap
- Support a dedicated cross-functional team (e.g., designers, front and back-end engineers) to deliver the roadmap
- Continuously review the business needs, refine priorities, iterate to achieve milestones and deliverables, and identify and manage relevant risks
- Develop and maintain appropriate tracking, documentation, and risk management of the products created
Application process
- Apply Via Otta
Salary benchmarks
Our take
SMEs are one of the central pillars of the British economy, yet many are being let down by the banks in terms of access to finance and personalised long-term support. Allica Bank is a challenger bank established in 2019 specially built to help SMEs thrive in their industry.
The company sets itself apart by reimagining relationship banking, which is something that has been taken away from SMEs in recent years. Allica Bank is not only bringing it back but also improving on it, arming relationship managers with slick technology. This has been successful with the bank offering over £71m in SME loans in its first year of activity. Originally offering savings accounts, commercial mortgages, an asset finance, Allica is now a full-service digital bank for UK SMEs and professional landlords.
The company is a fully licensed bank and it aims to continue to simplify the complex financial world by providing clients with easy-to-understand products and transparent fees. Due to the high levels of demand for its financial products, it has seen significant growth year on year (and is now the UK's fastest growing fintech). Boasting nearly doubling its profit in the last year alone, Allica is really making a name for itself.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Feb 2026
$155m
SERIES D
Dec 2022
$132m
SERIES C
Total funding: $499.6m
Company benefits
- Health insurance
- Income Protection
- Discretionary annual bonus program
- Season ticket loans
- Generous pension contributions
- Life assurance
- Enhanced maternity, paternity and shared parental leave
- A packed staff social calendar
- Flexible working
Company HQ
City of London, London, UK
Leadership
Richard Davies
(CEO)Previously the COO for HSBC, Commercial Banking Director for TSB Bank, and CEO for Revolut.
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