Full-Time

Director of Engineering

Posted on 8/19/2024

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

Fintech
Financial Services

Senior, Expert

London, UK

Hybrid position based in London.

Category
Engineering Management
Software Development Management
Requirements
  • 10+ years of experience designing and engineering large scale systems, preferably including fintech or challenger/neobank environments
  • Strong technical background
  • Experience in startups, building and launching products, 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
  • 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 quick and flexible financing options. The bank specializes in senior debt finance, allowing for fast loan approvals that help businesses, especially in property development and hospitality, to grow efficiently. Unlike traditional banks, OakNorth works closely with private equity firms to create customized financial products and ensures a high level of customer service. Additionally, OakNorth provides savings accounts that support local business expansion, benefiting communities across the country.

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

INACTIVE