Allica Bank

Digital bank for SMEs
Last updated:
January 23, 2026
Company details
HQ
HEADCOUNT
500-999
ORG TYPE
Corporate
SECTOR
Finance
About the company
Allica Bank is a UK challenger bank focused on established SMEs, combining relationship managers with digital banking. The company says Allica Bank received a banking licence in 2019, has lent more than £2bn to UK businesses, and became profitable within the first four years. The company highlights flexible working, a broad benefits package, and a values-led culture built around pace, ownership, and straightforward communication.
Locations and presence
Allica Bank operates from offices in London, Milton Keynes, and Manchester, with hybrid and flexible working referenced across roles and interview guidance. Allica Bank also hires for regionally distributed commercial roles (for example relationship management), giving a mix of HQ-based and field-based career paths.
Palpable Score
68.2
/ 100
Allica Bank offers genuine entry points for graduates and early-career candidates across marketing and finance, with role descriptions that spell out learning-by-doing and onboarding support. The hiring process is explained clearly, but public candidate feedback includes complaints about follow-up, and salary transparency is limited on first-party listings.
Pillar 1: Early-career access

Score

15.0
/ 20
  • The company advertises entry-level roles explicitly tagged “Entry level”, including a Marketing Assistant role framed as suitable for a graduate starting out.
  • Allica Bank also recruits entry-level finance roles such as Cashflow Finance Associate and Direct Asset Finance Specialist, giving multiple early-career entry routes beyond one function.
  • The company has also advertised a named graduate role (Business Risk & Controls Analyst 2025), which adds another clear early-career doorway.

Pillar 2: Hiring fairness and transparency

Score

13.5
/ 20
  • The company publishes a straightforward interview flow (screening call, skills interview, values interview), which helps candidates prepare properly.
  • Allica Bank reports using recruitment tooling and training to reduce unconscious bias, and backs that up with annual gender pay gap reporting and targets.
  • The company has mixed public interview feedback, including reports of candidates not hearing back after progressing, which undercuts the “respectful process” signal.

Pillar 3: Learning and support

Score

14.5
/ 20
  • The company’s entry-level job ads repeatedly include “full onboarding support and continued development opportunities” as part of the core offer.
  • Allica Bank’s Cashflow Finance Associate role describes direct exposure to senior decision-makers during origination and execution, which is strong on-the-job learning.
  • The company’s Marketing Assistant role includes concrete ramp activities (supporting onboarding for sales teams and training on internal processes), which gives a clearer first-year skill build than vague “fast-paced” promises.

Pillar 4: Pay fairness and stability

Score

12.5
/ 20
  • The company lists benefits that reduce early-career fragility, including health cover, pension contributions, life assurance, and enhanced family leave.
  • Allica Bank uses fixed-term contracts for some roles (for example 12-month and 15-month FTC roles), which can make early-career planning harder compared with permanent hiring.
  • The company rarely posts salary ranges on first-party role pages, so candidates rely on third-party estimates, limiting pay transparency.

Pillar 5: Early-career outcomes

Score

12.7
/ 20
  • The company’s public footprint shows ongoing hiring volume and a large employee base, which suggests continued growth and repeat hiring rather than one-off junior intake.
  • Allica Bank’s gender pay gap update includes progression signals (including reported promotion activity and a succession planning framework), which supports the idea of internal movement.
  • The company’s public sentiment signals are mixed, with interview feedback ranging from positive to complaints about communication, and there is limited public data specifically tracking early-career retention or promotions over 12–24 months.

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