Director – Debt Finance
Education
Posted on 3/23/2024
OakNorth Bank

201-500 employees

Provides fast, flexible finance for UK businesses
Company Overview
OakNorth, established in 2015, stands out as a leading financial institution in the UK, providing fast and flexible finance options to ambitious businesses, ranging from £250,000 to tens of millions, and has lent billions across a variety of sectors. The company's commitment to fostering a diverse economy has resulted in the creation of over 31,000 new jobs in numerous industries, demonstrating its significant impact on the local economy. Furthermore, OakNorth's savings options not only help individuals reach their financial goals, but also support the growth of local organisations, benefiting entire communities.
Financial Services
Data & Analytics

Company Stage

Series A

Total Funding

$15.8M

Founded

2015

Headquarters

, United Kingdom

Growth & Insights
Headcount

6 month growth

11%

1 year growth

45%

2 year growth

90%
Locations
London, UK
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
Financial analysis
CategoriesNew
Corporate Finance
Investment Banking
Finance & Banking
Requirements
  • Specialist in lending to the Education sector
  • Background in front office and risk within SME Commercial Banking or Leveraged Finance
  • 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 modeling skills
  • 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
Responsibilities
  • Originate, structure, and 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 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 modeling
  • Analyze financial accounts and manage information and prepare credit memorandums
  • Analyze financial models including forecasted cash flows and sensitivities to assess debt capacity and repayment
  • Ensure transactions 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 a high level of customer experience at all times
  • Structure transactions appropriately and provide full credit reports to sanctioning authority
  • Maintain close relationships with customers and report to Credit in line with policy, in a timely manner
  • Act in accordance with OakNorth Bank’s values at all times