In just over 9 years, we’ve lent over £10bn to ambitious entrepreneurs up and down the UK. That’s led to the creation of over 40,000 new jobs and over 29,000 new homes – all while operating within the Top 1% of commercial banks globally. We’re dedicated to helping trailblazing businesses thrive and our Debt Finance team are the drivers of our growth. 

The mission of the Debt Finance Director is to directly originate, structure, and execute transactions with the support of a wider and global team. The Director will own the end-to-end process, from origination to execution, with a strong focus on credit discipline and driving customer delight.

This is a fantastic opportunity for an experienced Debt Finance professional to join a fast-paced, growing fintech with a reputation for doing things differently. We don’t want another cog in the machine, we’re looking for self-starters and bold thinkers who want to evolve their career and are passionate about supporting the UK’s best and brightest businesses.  

You will:

Originate, structure, execute transactions that meet the lending requirements of OakNorth
Manage and further develop existing customer relationships, along with identifying new relationships and opportunities in the market
Work as part of a team on the execution of corporate finance / real estate / property / trading business transactions
Build the profile of Bank in the external market with, for example SMEs, KBIs, Advisors and Private Equity firms
Assess appropriate organic and inorganic growth opportunities for OakNorth Bank in the market
Spread financial accounts and financial modelling
Analyse financial accounts and manage information and prepare credit memorandums
Analyse financial models including forecasted cash flows and sensitivities to assess debt capacity and repayment
Ensure transaction are documented in accordance with credit approved terms and credit sanctions
Meet team and individual targets including profit, credit quality, new customers, retention and customer satisfaction
Have an overview of ongoing relationship management and client experience
Drive innovation in the product proposition to improve customer experience levels whilst maintaining asset quality
Ensure high level of customer experience at all times
Meet team and individual targets set by OakNorth ExCo, CEO and the Board
Structure transactions appropriately, and prove full credit reports to sanctioning authority
Maintain close relationships with customers and reporting to Credit in line with policy, in a timely manner
Act in accordance with OakNorth Bank’s values at all times

Requirements:

A background in front office and risk within SME Commercial Banking or Leveraged Finance
Experience in originating both Real Estate and Leveraged Finance deals
In depth understanding of SMEs or Leveraged Finance banking environments
Excellent communication and customer facing skills
Good understanding of business processes, strategy and credit policies
Strong credit, financial analysis and modelling skills, including the ability to write good quality, structured credit papers
Experience in the analysis of senior, stretched senior and mezzanine cashflow unsecured transactions
Legal documentation skills
Experience in presenting credit case internally to a credit committee
Strong problem solving ability
Degree in Finance / Commerce or equivalent

Benefits & Perks:

Equity. We want people to have a stake in the business so that all our interests are aligned.
25 days holiday
Personalized benefits – opt-in to what matters to you
Subsidised Private Medical Insurance with Bupa
Enhanced maternity and paternity leave
Wellbeing and social events
In-house Barista Bar in London office
Support causes that matter to you – Volunteering time off
Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)

About Us

We’re OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.

Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools.

And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market.

But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.

Our story

OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken.

Why was it so difficult for a profitable business with impressive cashflow, retained clients, and clear commercial success to get a loan?

The industry was backward-looking and too focused on historic financials, rather than future potential.

So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses?

No more what ifs, OakNorth Bank exists.

For more information regarding our Privacy Policy and practices, please visit: https://oaknorth.co.uk/legal/privacy-notice/employees-and-visitors/

You will:

Requirements:

Benefits & Perks:

6 month growth

1 year growth

2 year growth

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