Full-Time

Deputy Finance Director

OakNorth Bank

OakNorth Bank

501-1,000 employees

Delivers tailored senior debt finance

No salary listed

London, UK

In Person

Category
Finance & Banking (1)
Requirements
  • Fully qualified accountant (ACA, ACCA or equivalent) with 10+ years’ post-qualified experience
  • Strong background in IFRS reporting, tax compliance, and financial controls within financial services or banking; knowledge of US GAAP an advantage
  • Proven track record in managing close processes, statutory filings, and regulatory interactions
  • Experience working across geographies and with senior stakeholders
  • Hands-on leader with strong technical expertise and a delivery focus
  • Confident communicator, able to engage effectively with senior stakeholders, advisors, and regulators
  • Organised, proactive, and resilient in a fast-paced, regulated environment
  • Collaborative and capable of developing high-performing teams
Responsibilities
  • Lead the monthly and annual close process for all group entities, ensuring timely, accurate, IFRS compliant reporting
  • Maintain strong ledger controls, reconciliations, and balance sheet integrity
  • Oversee preparation of statutory accounts and coordination of annual financial statements
  • Support delivery of external audits for bank and group entities
  • Lead UK tax compliance, including corporation tax, VAT, and governance requirements
  • Oversee group tax operations across the UK, US, and India, managing external advisors and ensuring timely submissions
  • Support transfer pricing, intercompany arrangements, and tax optimisation initiatives
  • Provide senior oversight of PRA, FCA, BoE returns, and Pillar 3 disclosures
  • Act as escalation point for technical/regulatory matters and policy interpretation
  • Oversee improvements to regulatory reporting processes and systems, ensuring integration with core finance operations
  • Strengthen the financial control environment through targeted process improvements, policy alignment, and control testing
  • Drive consistency in policies, reconciliations, and governance standards across the group
  • Functionally lead and mentor finance controllership teams in India, ensuring alignment of objectives, processes, and performance standards with UK operations
  • Act as the day-to-day lead for finance operations, providing continuity for the Head of Finance & Controls
  • Partner with FP&A, Treasury, Regulatory, and Legal teams to deliver aligned outputs and support business-wide priorities
  • Lead strategic finance projects, capital optimisation, and process improvements, including adoption of automation, AI, and system upgrades to enhance efficiency, controls, and readiness for new products or services

OakNorth provides tailored lending and savings services in the UK. It specializes in senior debt finance for ambitious businesses, including property developers and hospitality ventures, offering fast, flexible loans from small sums to tens of millions of pounds and can support management buyouts. Its products work by delivering loans in days or weeks rather than months, using data-driven underwriting and close collaboration with private equity firms, sponsors, and business owners. In addition to lending, OakNorth offers savings accounts to individuals, with customer deposits supporting local business expansion. The company differentiates itself through speed, customized debt structures, a focus on senior debt for ambitious growth, and a strong customer-delight mindset, aiming to help businesses scale quickly while fostering community impact. Its goal is to fuel business growth and community development in the UK by providing accessible capital and trusted savings options.

Company Size

501-1,000

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • US lending surpassed $1B in 2025, overtaking UK portfolio by mid-2027.
  • £223M pre-tax profit in 2025 with £2.8B originations, 40% from US.
  • Acquired Community Unity Bank in March 2025 to expand US operations.

What critics are saying

  • Private credit giants Ares Management erode UK portfolio dominance within 12 months.
  • US CRE loans face 20-30% valuation losses from office vacancies by 2027.
  • UK FCA stricter capital rules force loan book contraction by mid-2027.

What makes OakNorth Bank unique

  • OakNorth targets underserved $1m-$100m revenue businesses with data-driven lending.
  • OakNorth delivers loans in days using analytics for lower mid-market segment.
  • OakNorth maintains top 1% global credit metrics across economic cycles.

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Benefits

Flexible Work Hours

Paid Vacation

Parental Leave

Company Equity

Commuter Benefits

Company News

Dealer Communications
Apr 22nd, 2026
Total Capital backs MBO at Radiocoms.

Total Capital backs MBO at Radiocoms. Posted on Wednesday, April 22, 2026 - 12:04 Radiocoms has completed a management buyout backed by Total Capital Partners, marking a key milestone for the company as it aims to accelerate growth and expand its capabilities in the comms sector. OakNorth provided the funding package to Radiocoms, to support Total Capital Partners' investment and enable Chief Executive Officer (CEO) Mark Blythe to lead a management buyout alongside a targeted buy-and-build strategy. Over the last FY 2025, the independent comms and security networks provider Radiocoms delivered strong growth, reaching £38.7m turnover and double-digit EBITDA margins and supported by continued investment in engineering and advanced integrated technologies. Total Capital Partners' investment will give the backing for a management buyout from the founding shareholders. The independent sponsor initially backed a plan to boost the growth of the business both organically and via acquisition, with a targeted buy-and-build strategy already in place and additional funding support committed to underpin this growth. This new investment will support Radiocoms' next phase of growth, including expanding its presence across defence and critical infrastructure markets, investing in new technologies, and executing its acquisition strategy. "From the outset, OakNorth demonstrated a deep understanding of our business and the dynamics of sponsor-backed transactions," Blythe said. "Their experience in supporting management buyouts, combined with their speed, flexibility and ability to deliver certainty of execution, made them a highly valued partner throughout the process." Image shows: Mark Blythe, Chief Executive Officer (CEO) at Radiocoms Related Topics

Bridging Loan Directory
Apr 20th, 2026
OakNorth provides $63.5M revolving credit facility to CLS Holdings for European property portfolio

OakNorth has provided a £50 million revolving credit facility to CLS Holdings to support refinancing and asset management across its European property portfolio. The London-listed real estate investor owns office and commercial assets across the UK, Germany and France, with a portfolio valued at approximately £1.7 billion. The facility will refinance existing debt and fund ongoing investments including refurbishment, leasing activity and asset repositioning. CLS Holdings manages over 650 occupiers across 80 sites. Harry Stokes, Chief Financial Officer at CLS Holdings, said OakNorth demonstrated strong understanding of the business and delivered the solution quickly. The funding will support continued investment in high-quality, sustainable office space whilst maintaining disciplined capital allocation.

Yahoo Finance
Apr 14th, 2026
OakNorth's US lending to overtake UK within a year after crossing $1B threshold

OakNorth Bank's US business lending operations will surpass its UK portfolio within a year, co-founder and CEO Rishi Khosla said at Semafor World Economy on Tuesday. The London-based bank, founded in 2015, targets businesses with annual revenues between $1 million and $100 million, a segment Khosla described as "fundamentally and structurally underserved". OakNorth expanded into the United States in 2023 and surpassed $1 billion in lending to American businesses last year. Khosla said the 2023 US banking crisis triggered the expansion, as the company sought to fill the gap left by banks focusing on larger clients.

FF News
Apr 6th, 2026
Short-term Supportive Housing Provider, D2 Propco, to Expand Accommodation Portfolio Across England & Wales, Following £28.5m Loan From OakNorth

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £28.5m loan to D2 PropCo, a specialist provider of short-term supportive housing across England and Wales.

EducationInvestor Global
Mar 30th, 2026
Kinderzimmer secures loan from oaknorth for surrey nursery.

Kinderzimmer secures loan from oaknorth for surrey nursery. * 30 March 2026 * Early Years You are unauthorized to view this page.