Internship

Associate/Internship – Senior Managing Director's Office

Confirmed live in the last 24 hours

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

Fintech
Financial Services

London, UK

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Required Skills
Natural Language Processing (NLP)
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 savings options for individuals in the UK. The bank specializes in fast and flexible financing, providing loans quickly, which is particularly beneficial for property developers and hospitality businesses. Unlike traditional banks, OakNorth focuses on senior debt finance, allowing for quicker loan approvals and customized financial products. Their goal is to deliver excellent customer service while supporting local business growth and community development.

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for flexible financing in hospitality, evidenced by recent JMK Group co-loan.
  • Growing interest in refinancing for care providers, highlighted by MPS Care deal.
  • Expansion opportunities in training sector, shown by multimillion-pound funding for acquisitions.

What critics are saying

  • Rising interest rates in the UK could affect loan affordability for clients.
  • Increased competition from digital-only banks expanding business lending services.
  • Economic downturns may impact hospitality and property sectors, key markets for OakNorth.

What makes OakNorth Bank unique

  • OakNorth offers fast, flexible finance options tailored to ambitious UK businesses.
  • Specializes in senior debt finance, prioritizing loans for management buyouts.
  • Focuses on customer delight, ensuring positive client interactions and tailored solutions.

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Benefits

Flexible Work Hours

Paid Vacation

Parental Leave

Company Equity

Commuter Benefits