Internship

Associate/Internship – Senior Managing Director's Office

Posted on 9/17/2024

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

Fintech
Financial Services

London, UK

The position is onsite in London.

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Required Skills
LLM
Machine Learning
Risk Management
Natural Language Processing (NLP)

You match the following OakNorth Bank's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's or Master’s degree in Artificial Intelligence, Computer Science, or a related field.
  • Strong knowledge of AI technologies, including LLMs, machine learning, natural language processing, and automation.
  • Ability to translate AI research into real-world banking solutions.
  • Excellent communication skills for engaging with startups and senior management.
  • Strong problem-solving and analytical capabilities.
  • Hard working
  • Willing, proactive, and motivated
Responsibilities
  • Research emerging AI trends and evaluate their potential applications in banking.
  • Collaborate with startups and external partners to explore and integrate innovative AI solutions.
  • Work closely with senior management to align AI initiatives with the bank’s strategic goals.
  • Lead the design, development, and implementation of AI solutions across various banking functions.
  • Identify opportunities for process optimization, risk management, and enhanced customer experience using AI technologies.

OakNorth Bank offers tailored lending solutions to businesses and savers in the UK, focusing on quick and flexible financing options. The bank specializes in senior debt finance, which allows businesses to secure loans rapidly, particularly for management buyouts. OakNorth distinguishes itself through its commitment to 'customer delight,' ensuring positive client interactions, and it also provides savings accounts that support local business growth. This dual approach fosters a more inclusive financial ecosystem.

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising private equity activity in the Midlands boosts OakNorth's lending opportunities.
  • Growing trend of office-to-residential conversions aligns with OakNorth's financing solutions.
  • Digital banking acceleration enhances OakNorth's digital lending platform potential.

What critics are saying

  • Competition from digital-only banks like Monzo and Starling is increasing.
  • Potential interest rate hikes in 2024 may impact loan demand and repayment.
  • Stricter UK property lending regulations could affect OakNorth's core business.

What makes OakNorth Bank unique

  • OakNorth offers fast, flexible finance options for UK businesses.
  • Specializes in senior debt finance, prioritizing management buyouts and property development.
  • Focuses on customer delight, tailoring financial products to client needs.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours

Paid Vacation

Parental Leave

Company Equity

Commuter Benefits

INACTIVE