Recognise Bank
UK SME bank: deposits and lending
Core Banking SME
+ Discretionary company bonus
Three days in the office and two days remote per week; this may vary during induction.
About the job
- A degree, professional qualification, or equivalent practical experience in Technology, Finance, Banking, Accounting, or a related discipline.
- Evidence of continuous professional development relevant to banking technology, lending platforms, or core banking systems.
- Experience administering, configuring, supporting, or optimising a core banking, lending, servicing, or loan management platform.
- Experience configuring financial products, accounting rules, operational processes, or system workflows within a financial services environment.
- Experience working with accounting structures, reconciliations, ledger mappings, and financial controls.
- Experience identifying process inefficiencies and implementing platform or operational improvements.
- Experience investigating and resolving complex platform, product, or operational issues.
- Experience working with cross-functional stakeholders including Technology, Finance, Operations, Risk, and Product teams.
- Experience supporting platform integrations with internal or third-party systems.
- Strong understanding of core banking or lending platform configuration and administration.
- Knowledge of lending product structures, interest calculations, repayment schedules, fees, charges, and servicing processes.
- Knowledge of accounting principles, sub-ledger management, general ledger integration, reconciliations, and financial controls.
- Understanding of application programming interface-based integrations, data flows, and system interaction patterns.
- Ability to analyse platform issues and perform root cause investigation across technical, operational, and process-related areas.
- Strong process design and documentation skills.
- Knowledge of change management, testing, release management, and platform governance practices.
- Ability to apply platform and operational best practices to improve efficiency, control, and scalability.
- Own the configuration, administration, and optimisation of the Bank's core banking platform, ensuring it remains stable, scalable, and aligned with business requirements.
- Lead the review and remediation of existing platform configurations, accounting structures, product setups, and operational processes, implementing sustainable improvements and best practices.
- Deliver the configuration and launch of new lending products and enhancements, ensuring products meet business, operational, financial, and regulatory requirements.
- Manage and maintain product parameters including interest calculations, fees, repayment schedules, accounting treatments, settlement accounts, liability accounts, and servicing processes.
- Own and maintain platform accounting configurations, including sub-ledger structures, general ledger mappings, reconciliations, and financial controls.
- Investigate, troubleshoot, and resolve platform, product, accounting, and operational issues, conducting root cause analysis and implementing long-term corrective actions.
- Manage and enhance integrations between the core banking platform and internal or third-party systems, ensuring data integrity, operational resilience, and effective exception management.
- Define, document, and improve processes, controls, and procedures relating to product management, platform administration, accounting operations, and customer servicing.
- Advise stakeholders on platform capabilities, product design, operational processes, and industry best practices, supporting effective decision making across the Bank.
- Monitor platform releases, roadmap developments, and emerging capabilities, including Adjustable Interest Rate Products and other new functionality, assessing opportunities to improve the Bank's operating model and product offering.
- Own the design and delivery of Salesforce solutions that meet business requirements while maintaining platform stability, scalability, and performance.
- Read and follow all relevant company policies and procedures.
- Adhere to all risk-related responsibilities applicable to the role as set out in the Risk Management Policy.
- Abide by all compliance and financial crime-related policies, procedures, and reporting obligations applicable to the role.
- Act in accordance with regulatory expectations as a Material Risk Taker and Certified individual.
- Mambu certifications or formal Mambu training.
- Professional qualifications in accounting, banking operations, or business analysis.
- Relevant industry certifications relating to financial services, project delivery, or technology platforms.
- Experience with Mambu or another modern core banking platform such as Temenos, Thought Machine, Finastra, Sopra Banking, Oracle FLEXCUBE, or similar.
- Experience configuring lending products within a bank, lender, building society, or other regulated financial services organisation.
- Experience with loan servicing, collections, customer servicing, or product operations.
- Experience supporting cloud-based, API-driven platforms.
- Experience participating in new product launches or major platform transformation programmes.
- Experience within a United Kingdom regulated banking or lending environment.
- Knowledge of Mambu platform capabilities, configuration, accounting engine, and product setup.
- Knowledge of Adjustable Interest Rate Products and variable-rate lending products.
- Understanding of savings, deposit, settlement, and liability account structures.
- Knowledge of banking integration patterns and event-driven architecture.
- Familiarity with SQL, reporting tools, API testing tools, or integration platforms.
- Understanding of United Kingdom banking regulation and operational control frameworks.
- Awareness of emerging trends and developments within core banking and lending technology platforms.
About the company
Recognise Bank is a UK bank focused on SMEs, blending digital banking with personal relationship management. It accepts FSCS-protected deposits from individuals and businesses and uses them to fund a portfolio of SME loans. Its lending includes commercial mortgages, professional buy-to-let, bridging finance, and working capital facilities for UK SMEs, commercial property owners, and professional practices, delivered via a digital-first platform with dedicated relationship managers. The bank aims to offer a straightforward, customer-centric experience by combining online convenience with relationship-led service to fill gaps left by larger incumbents.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$96M
Headquarters
London, United Kingdom
Founded
2017
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Simplify's Take
What believers are saying
- July 2026 profit reached £8.9 million after 2025's £5.3 million loss.
- Loan book exceeded £500 million and deposits passed £600 million since March 2026.
- August 2026 five-year commercial mortgage launch widened broker appeal and locked longer spreads.
What critics are saying
- Parasol V27 funded £25 million total; future growth depends on another capital round.
- Property lending concentration exposes Recognise Bank to UK CRE refinancing stress in 2026.
- Regulated bridging permission remains pending; delay blocks a key diversification path.
What makes Recognise Bank unique
- Relationship-led SME property lending beats mass-market UK banks.
- Commercial mortgages, bridging, and deposits sit under one specialist balance sheet.
- Milton Keynes operations centre and refreshed tech support faster broker execution.
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Benefits
Health Insurance
Remote Work Options
Hybrid Work Options
Paid Vacation
Parental Leave
Performance Bonus
Training Programs
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -3%2 year growth
↓ -7%Recognise Bank appoints Arbib as CROO. Recognise Bank has appointed Ronelle Arbib as its new chief revenue & operations officer (CROO). In the newly-created role, Arbib will bring together Recognise Bank's lending and savings, operations, product and marketing functions. The new structure is meant to let Recognise Bank identify and respond to market opportunities more quickly, from developing new products and entering new markets and channels through to origination, completion and ongoing customer management. Arbib has been with Recognise Bank for six years. She joined as head of customer experience in 2020 before becoming chief operating officer in 2022. As COO, Arbib has overseen technology, data, change, product, HR and operations, alongside the end-to-end customer journey. Recognise Bank chief executive Simon Bateman said: "Ronelle has played an important role in Recognise Bank's development over the last six years and has a strong understanding of our customers and how the bank operates. Her appointment as chief revenue & operations officer is a natural next step as we position the bank for further growth."
News in brief - 15 september 2026. By Dan McGrath 15/09/2026 Recognise Bank has appointed Ronelle Arbib as its new chief revenue and operations officer. In the newly created role, Arbib will bring together the bank's lending and savings, operations, product and marketing functions, creating accountability for its commercial and customer growth journey. She has worked at Recognise Bank for six years and has played a key role in its development, joining as head of customer experience in 2020 before becoming chief operating officer at 2022. Pitch Black Technology has joined the Bridging & Development Lenders Association (BDLA) as an associate member. The firm develops software for finance firms, brokers and lenders, and its products include enquiry management, lender sourcing and communication tools. Its sourcing system uses a product database covering more than 200 lenders. The BLDA represents the interests of bridging and development lenders and their customers, with its membership bringing together lenders and associate firms from across the sector, including funders, legal firms, valuers, technology providers and other professional services businesses. Skipton Building Society has launched a new 15-month fixed-rate bond and 15-month fixed-rate cash ISA, both paying 4.55% AER. Available to new and existing customers, the accounts can be opened online, through the Skipton app, in branch, by post or by phone. Both products pay interest annually (4.55%) or monthly (4.46%) with no early withdrawals permitted. Minimum balances start from £1, with the maximum balance set at £1m. Tembo has introduced a new HomeSaver cash ISA offering 5.5% AER, including a conditional mortgage bonus, for savers planning to buy their first home, move or remortgage. The account combines a 2.8% variable base rate with a 2.7% AER fixed conditional HomeSaver bonus, payable after 12 months when the customer completes a mortgage through Tembo within three years of opening an account. There is on cap on ISA transfers-in or existing ISA balances, meaning customers transferring cash ISA savings built up over previous tax years can earn the rate on larger balances than th current cash ISA allowance.
Recognise Bank expands commercial mortgage range with five-year fixed option. August 12, 2026 Recognise Bank has expanded its Commercial Term range with the launch of a five-year fixed-rate option, giving customers greater certainty over their longer-term borrowing costs. The new product is available for commercial investment and owner-occupied properties, with loans from £250,000 to £3 million up to 70% LTV. The five-year product has been introduced alongside Recognise Bank's existing two-year fixed rate option. The launch follows a record July for Recognise Bank, which completed its highest monthly value of lending since the Bank was founded. "Having returned to the commercial mortgage market only three months ago, IFA Magazine has listened to brokers and their SME clients and by introducing a five-year fixed rate option IFA Magazine is offering a range of products that can support cashflow management and create certainty. The launch follows a record July for Recognise Bank, which has been its biggest completions month since the Bank was founded. Term and bridging commercial lending is important for its continued growth, and IFA Magazine will work closely with brokers to deliver practical solutions for their clients." Caroline Luxmore, Chief Commercial Officer at Recognise Bank Early repayment charges for the new five-year fixed rate are 5% in years one and two, 3% in years three and four, and 1% in year five. To learn more about Recognise Bank's commercial mortgages, visit: https://recognisebank.co.uk/commercial-mortgage/
Recognise Bank announces £8.9m post-tax profit. Posted on July 23, 2026 Recognise Bank, the SME property lending bank, has announced its latest annual results, reporting a post-tax profit of £8.9 million for the year ended 31 March 2026, following a £5.3 million loss in 2025. The Bank also grew its loan book by 51.1% over the year to £461.9 million and increased deposits by 18.8% to £575.5 million. Since the year end, its loan book has grown to more than £500 million and deposits have exceeded £600 million. Following the implementation of a new strategic direction in May 2025, the Bank has achieved profitability for the first time. Within the last year, it also relocated its London Head Office and opened a new Operations Centre in Milton Keynes to support the next phase of its growth. Its organisational structure was streamlined, as part of a wider transformation programme designed to simplify business operations and enhance customer service. A refresh of the Bank's technology platforms has also commenced, introducing new solutions which will deliver further customer service improvements and increased internal efficiencies in the current year. In addition, the Bank received a £5 million capital injection on 31 March 2026 from its largest shareholder, Parasol V27 Limited. The funding represents the second tranche of investment and will support the continued implementation of the Bank's strategy. Recognise Bank continues to expand its intermediary offering, providing flexible, relationship-led lending solutions designed to support brokers and their clients across a wide range of commercial property transactions. Steve Pateman, Chairman of Recognise Bank commented: "Last year I indicated the foundations were in place for Recognise Bank to become sustainably profitable and I am pleased to report that has been the case with in-month profitability achieved from May 2025. "As a result of the progress made, we have also been able to recognise a deferred tax asset so that we can report a full year profit after tax and restructuring costs of £8.9m compared with a loss after restructuring costs last year of £5.3m." Simon Bateman, Chief Executive Offer at Recognise Bank added: "The last year at Recognise Bank has been about stabilisation, resetting the business and putting in place the right foundations to support our planned growth ambitions that support our strategy and financial plan. "Our ambition was to achieve in month profitability by September 2025, supporting our plan to deliver full year profitability in 2027. I am pleased to share that we accelerated this trajectory and reached in-month profitability in May 2025, four months ahead of schedule. "For the first time in the Bank's history, we are reporting a profit after tax compared to a loss in the previous year. This is an outstanding result, particularly given the scale of transformation over the past year and the challenging macroeconomic environment in which the Bank is operating. "I am very proud of our achievements in the last year and could not be more excited about the future for Recognise Bank. The journey has only just begun and the opportunities ahead are huge. As we enter the next stage of our journey, with the support and passion from the whole team, we are focusing on the continuing growth of the business." To learn more about Recognise Bank's commercial property lending, visit: https://recognisebank.co.uk/
Recognise Bank has achieved full-year profitability for the first time, reporting a post-tax profit of £8.9 million for the year ended 31 March 2026, compared to a £5.3 million loss in 2025. The bank reached in-month profitability from May 2025, four months ahead of schedule. CEO Simon Bateman says the bank has been rebuilding its foundations to ensure sustainable profitability. The loan book grew 51.1% year-on-year to £461.9 million, whilst deposits rose 18.8% to £575.5 million. The bank received a £5 million capital injection from its largest shareholder, Parasol V27 Limited. Since year-end, the loan book has exceeded £500 million and deposits have surpassed £600 million. The bank has rebranded as "The Decisive Bank" and targets continued profit increases.