Full-Time

Senior Director

Business Banking

Confirmed live in the last 24 hours

OakNorth Bank

OakNorth Bank

201-500 employees

Provides efficient lending solutions to UK businesses

Financial Services
Data & Analytics

Senior

London, UK

Required Skills
Communications
Management
Requirements
  • Proven experience (8+ years) in a senior leadership role within business banking or cash management, preferably within the UK financial services industry.
  • Strong understanding of business banking products, payments systems, and digital banking trends.
  • Demonstrated track record of driving revenue growth, managing P&L, and achieving business targets.
  • Excellent leadership and people management skills, with the ability to inspire and motivate teams to deliver results.
  • Knowledge of regulatory requirements, compliance standards, and risk management practices applicable to business banking operations.
  • Strategic thinker with exceptional analytical, problem-solving, and decision-making abilities.
  • Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
  • Comfortable in a Founder-led, entrepreneurial environment. Knows how to prioritise across a range of requirements – can distinguish across importance and urgency
  • A bachelor's degree in Business Administration, Finance, Economics, or related field; MBA or equivalent preferred.
Responsibilities
  • Strategic Leadership: Develop and execute the strategic vision for business banking, aligning it with the overall goals and objectives of the bank.
  • Revenue Generation: Drive revenue growth through effective pricing strategies, cross-selling opportunities, and the expansion of the business banking.
  • Product: Focus on working with Product team on prioritisation of roadmap and future features to bring to market.
  • Risk Management: Ensure compliance with regulatory requirements and internal policies related to business banking operations. Implement robust risk management practices to protect the bank's interests and mitigate risks associated with payments and cash management activities.
  • Team Leadership: Build, lead, coach, and empower a top-tier team, driving a culture of collaboration, innovation, and excellence in business banking
  • Market Analysis: Keep up to date with industry trends, market developments, and competitor activities within the business banking sector, and leverage insights to identify opportunities for growth and differentiation.
  • Partnership Management: Cultivate and manage strategic partnerships with FinTech's, payment processors, and other relevant stakeholders to enhance the bank's business banking offerings and capabilities.
  • Performance Monitoring and Reporting: Monitor key performance metrics, financial performance, and client feedback related to business banking, providing regular reports and updates to senior management.

OakNorth offers fast and flexible finance to UK businesses, utilizing advanced financial technology to streamline the lending process and providing funding ranging from £250,000 to tens of millions. The company supports businesses across various sectors and ranks among the top 1% of commercial banks globally.

Company Stage

Grant

Total Funding

$15.8M

Headquarters

, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

9%

1 year growth

27%

2 year growth

85%