Principal Engineer, Allica Bank
£95-100k
20% Bonus
More information about location
Fintech SME banking
Job no longer available
Fintech SME banking
201-500 employees
Job no longer available
£95-100k
20% Bonus
More information about location
201-500 employees
Company mission
To empower established SMEs to succeed.
Role
Who you are
- Technical Expertise: Deep knowledge in programming languages – Java, Kotlin or Python and frameworks, and a strong foundation in system architecture and solution design
- Financial Systems Knowledge: Proficient in systems and services in the financial domain. Understanding of accounting principles and financial systems
- Cross-Functional Collaboration: Demonstrated ability to work in cross-functional teams and drive technical initiatives
- Data: Strong ability to utilize data in decision-making processes, understanding trends, and identifying opportunities for improvement. Hands-on experience on SQL will be needed
- Leadership: Excellent leadership skills, with the ability to guide and mentor engineers and foster a culture of continuous learning and improvement
- Communication: Superb communication skills, with the ability to effectively articulate complex technical concepts to both technical and non-technical stakeholders
- Problem-Solving: Exceptional problem-solving skills, with a focus on innovative and efficient solutions
- Adaptability: Ability to thrive in a fast-paced, collaborative, and deadline-driven environment. Able to adapt to changing business requirements and technological landscapes
What the job involves
- Technical Leadership: Assume responsibility for leading technical initiatives across cross-functional teams, ensuring that business requirements are transformed into robust, scalable, and secure designs
- Product Feature Delivery: Accountable for developing and optimizing technical solutions using modern programming languages and frameworks, while maintaining a hands-on role in software development
- Data-Driven Decision Making: Utilize data to drive decisions, with accountability for understanding trends and identifying opportunities to improve system efficiency and performance
- Cross-Functional Collaboration: Collaborate with stakeholders across different functions, taking accountability for understanding needs, devising practical solutions, and ensuring alignment with strategic objectives
- Architectural Standards: Participate in and contribute to architectural reviews, taking accountability for the fostering and development of architectural standards across the organization
- Mentorship: Guide and mentor other engineers, fostering a culture of continuous learning and improvement, and taking responsibility for the development and growth of engineering teams
Salary benchmarks
Otta's take
Theo Margolius
COO of Otta
SMEs are one of the central pillars of the British economy, yet many of these are being let down by the banks in terms of access to finance and personalised long-term support. Allica Bank is an early-stage 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. Allica Bank currently provides a limited number of finance products - more precisely savings accounts, commercial mortgages, and asset finance - and aims to expand its range of products in the future.
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, Allica Bank has recently raised funding which will be invested in developing its lending capacity.
Insights
Few candidates hear
back within 2 weeks
42% female employees
71% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2022
$128.9m
SERIES C
Jun 2022
$32.3m
LATE VC
Total funding: $336.4m
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
- Competitive base salary
- Flexible working
- Equity
Company values
- Straightforward - Often, the best things are made simple. It's why we believe in being straightforward. That means cutting the jargon, using concise language that everyone can understand, and being upfront with one another – even when it's not the easiest thing to do.
- Collaboration - Whether it's with colleagues, customers, brokers or suppliers, we're better when we work together. Rather than having a hard sales culture, we celebrate how we support each other and what makes us different.
- Integrity - Building trust is about being honest and transparent with colleagues and customers. At Allica, we want everyone to be comfortable saying what they think, and to speak out when there's something we could be doing better.
- Delivery - Everyone at Allica is great at what they do. We hold high standards, so that our colleagues and customers know they can rely on us. And we're always looking for ways to improve.
Company HQ
City of London, London, UK
Articles
Founders
Richard Davies
(CEO)Davies was previously the COO for HSBC, Commercial Banking Director for TSB Bank, and CEO for Revolut.
People progressing
Started out as a strategic associate currently the Head of Special Projects at Allica
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