Simplify Logo

Full-Time

Director of Engineering

Confirmed live in the last 24 hours

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

Fintech
Financial Services

Expert

London, UK

Category
Backend Engineering
FinTech Engineering
Software Engineering
Requirements
  • 10+ years of experience designing and engineering large scale systems, preferably including fintech or challenger/neobank environments
  • Strong technical background
  • Experience in startups
  • Experience building and launching products
  • Experience scaling teams
  • Strong understanding of product and commercial aspects of a business
Responsibilities
  • Build, nurture and scale high-performing teams that achieve business objectives and customer outcomes
  • Create new digital experiences for customers
  • Remove roadblocks and ensure processes are lean and efficient
  • Help develop members of the team by teaching them the necessary skills to grow their career
  • Create a culture of transparency and collaboration
  • Lead by example in a flat organisational structure
  • Responsible for technical delivery and ensuring that the squad understands and focuses on the goal
  • Measure success in terms of business impact, not lines of code
  • Internalise the best ideas from across the organisation and set a vision that others can get behind
  • Reinforce engineering best practices; TDD, IaC, observability, security by design, continuous improvement

OakNorth Bank offers tailored lending solutions to businesses and savers in the UK, focusing on fast and flexible financing options. The bank specializes in senior debt finance, allowing for quick loan approvals that benefit sectors like property development and hospitality. Unlike traditional banks, OakNorth works closely with private equity firms to customize its financial products, ensuring a customer-centric approach. Additionally, by providing savings accounts, OakNorth supports local business growth, aiming to create a positive impact in communities.

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

26%

1 year growth

26%

2 year growth

26%
Simplify Jobs

Simplify's Take

What believers are saying

  • OakNorth's rapid loan approval process allows businesses to scale quickly, providing a significant advantage in competitive markets.
  • The bank's strong regional presence, such as in the North West, demonstrates its commitment to local economic growth and community impact.
  • Partnerships with companies like Marqeta enhance OakNorth's service offerings, providing innovative financial tools to SMEs.

What critics are saying

  • The competitive UK banking sector requires OakNorth to continuously innovate to maintain its edge.
  • Economic downturns or market instability could impact the repayment capabilities of their business clients, affecting OakNorth's financial health.

What makes OakNorth Bank unique

  • OakNorth specializes in fast and flexible finance options tailored to ambitious businesses, unlike traditional banks that often have slower and more rigid processes.
  • Their focus on senior debt finance for management buyouts and property development sets them apart from competitors who may not offer such specialized lending solutions.
  • OakNorth's dual focus on lending and saving creates a more inclusive financial ecosystem, benefiting both businesses and individual savers.