About the job
About Allica Bank
Allica Bank is the UK's premier financial technology firm, recognized as the fastest-growing company in the sector. We focus on supporting established SMEs, a significant and largely underserved market within the Fintech landscape.
Established SMEs play a crucial role in our economy, making up over a third of it, yet they have been overlooked by traditional banks and modern fintech solutions.
Role Overview
We are seeking a remarkable Head of Credit Risk and Fraud to join our executive team, taking comprehensive ownership of risk strategy and implementation across our Embedded Finance and Invoice Finance divisions. This pivotal role reports directly to the CEO and is vital for our growth trajectory.
As the Head of Credit Risk and Fraud, you will architect and implement the risk framework for new products, working closely with Commercial, Product, Data, Finance, and Legal teams. You will oversee the entire credit lifecycle—from analytics and underwriting to monitoring, compliance, and collections—while leading a top-tier risk management team. Additionally, you will spearhead the integration of AI and advanced analytics into our risk operations.
Key Responsibilities
- Formulate and execute risk strategies for innovative product offerings.
- Act as a primary advisor to the Division CEO, Group CRO, and Board on risk appetite, governance, and portfolio management.
- Lead, develop, and mentor a high-performing risk team (starting with 8 members).
- Guide collections strategies and recovery processes to ensure operational efficiency and a customer-oriented approach.

