Full-Time

Lead Product Manager

Updated on 3/14/2025

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

No salary listed

Senior, Expert

London, UK

Minimum of 3 days per week in the office required.

Category
Product Management
Product Strategy
Product
Required Skills
Product Management
Data Analysis
Requirements
  • Have experience shipping complex yet customer-centric products in a fast-growing company
  • Have worked in the financial, Artificial Intelligence (AI) or risk-analytical sectors
  • Have a good understanding of the AI and data product lifecycle, spanning from data discovery, data processing, model development, model deployment, and model monitoring
  • Have a desire to lead and mentor multiple Product Managers across domains and know how to support and develop your team members whilst driving from the front
  • Have an understanding of domain driven design
  • Be data-driven, passionate about metrics, and intellectually honest about how your product is performing
  • Embrace a culture of experimentation and continuous improvement
  • Balance innovative thinking with the ability to earn trust across the broader organisation by delivering business outcomes
  • Possess exceptional written and verbal communication skills with an ability to distil a complex topic in a simple, easy-to-understand recommendation for stakeholders
  • Demonstrate strong presentation and storytelling skills with an ability to take people on a journey from the very beginning
  • Have significant independence/ownership for your product area
  • Want to succeed in an environment where change and momentum are part of the culture that has made us successful
  • Utilise GenerativeAI: Leverage GenAI tools to increase productivity and enhance decision making processes within the role
Responsibilities
  • Lead on product vision and strategy and who can collaborate with the overall business to ensure buy-in
  • Manage a team of product managers to deliver against the product roadmap– owning the end-to-end product lifecycle from ideation, build, launch and in-life optimisation
  • Deliver business outcomes - establish Objectives and Key Results (OKRs) for your product area that drive tangible business outcomes and track your team's progress against them
  • Build relationships and collaborate – within the immediate team, between functions, and across the whole organisation
  • Solve complex problems – be able to clearly define the problem from various aspects (customer, technology, and internal business users) and define deliverables to solve the problem
Desired Qualifications
  • Experience in a fast-growing company
  • Familiarity with GenerativeAI tools

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 support business growth, particularly in property development and hospitality. Unlike traditional banks, OakNorth works closely with clients to customize financial products, ensuring a high level of customer satisfaction. Additionally, by providing savings accounts, OakNorth helps fund local businesses, creating a positive impact on communities.

Company Size

201-500

Company Stage

Grant

Total Funding

$15.8M

Headquarters

London, United Kingdom

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • OakNorth's US expansion diversifies its lending portfolio and growth opportunities.
  • Partnership with Fintech North enhances presence in Northern UK, increasing customer base.
  • Recent £50M funding to Paloma Capital highlights strength in supporting real estate investors.

What critics are saying

  • Increased competition from digital banks could erode OakNorth's market share.
  • Reliance on property development and hospitality sectors makes OakNorth vulnerable to downturns.
  • US market expansion presents regulatory challenges, straining resources and focus on UK market.

What makes OakNorth Bank unique

  • OakNorth offers fast, flexible finance options, unlike traditional banks' lengthy processes.
  • The bank specializes in senior debt finance, prioritizing loans over unsecured or junior debt.
  • OakNorth's customer-centric approach ensures tailored financial products for specific client needs.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours

Paid Vacation

Parental Leave

Company Equity

Commuter Benefits

Company News

IFA Magazine
Mar 6th, 2025
#Iwd25 | Lessons In Scaling – Female Founders Leading The Way Says Oak Nor

The journey to scaling a business is rarely straightforward. For female entrepreneurs and leaders, the road can be even steeper. Despite making significant contributions to the UK economy, women lead just 15% of small and medium-sized enterprises (SMEs) with employees, according to the government’s 2023 Small Business Survey. Yet, female-led businesses continue to receive a disproportionately small share of investment and debt funding – just 2% of VC capital. Even so, female founders continue to drive innovation, growth, and change.At Oak North, we’ve had the privilege of working with some of the UK’s most dynamic female-founded and led businesses, all of whom have navigated the complexities of scaling while securing the funding needed to grow. Women like Nisha Katona (MowgliStreet Food), Ella Mills (Deliciously Ella), Tracey Storey (Melrose Education), and Sophie Lawler (Total Fitness)are leading thriving businesses in highly competitive industries. Their journeys reflect the resilience, vision, and ambition that define entrepreneurship today

FF News
Mar 6th, 2025
Oaknorth Pre-Tax Profits Surge To £215M ($272M) As It Surpasses £12.5Bn ($15.7Bn) In Lending And Continues Its Us Expansion

OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs – today publishes its latest Annual Report, revealing pre-tax profits of £214.8m ($271.6m) in 2024 (FY23 £187.3m / $236.8m)[1]. OakNorth provided over £2.1bn ($2.6bn) of gross new lending in 2024, continuing its track-record of supporting ambitious and innovative businesses across the UK and the US. To date, OakNorth’s total cumulative credit facilities have grown to £12.5bn ($15.7bn) – up from £10.2bn ($12.9bn) at the end of 2023, with an adj. return on equity (ROE)[2] of 22%. OakNorth is also ranked amongst the top 1% of banks globally in terms of return on assets (ROA)[3].OakNorth’s backing continues to be a catalyst for growth, innovation, and market leadership for its lower mid-market customers, as well as creating a positive multiplier effect in the communities and economies in which it operates. Since its launch in September 2015, its loans have directly supported the creation of over 56,000 jobs and over 34,000 new homes, the majority of which are affordable housing[4]

Tech.eu
Mar 6th, 2025
Softbank-Backed Oaknorth Sees New Lending Drive Up Profits

OakNorth, the UK challenger business bank, has reported a 15 per cent increase in pre-tax profits to £215m in 2024, driven by new lending in the UK and the US where it has recently launched. OakNorth, which is backed by SoftBank, the Japanese investment group, lends to UK businesses with between £1m and £100m in revenue and offers business banking through savings accounts and cards. The London-headquartered online lender has lent more than £12.5bn to customers since its 2015 launch

FF News
Mar 4th, 2025
OakNorth Partners with Fintech North to Further Strengthen Its Support of Businesses Across the North

Fintech North is delighted to partner with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, that is dedicated to empowering the lower mid-market (businesses with £1m-£100m turnover) to support growth, prosperity, and innovation for the benefit of all.

FF News
Mar 4th, 2025
Oaknorth Partners With Fintech North To Further Strengthen Its Support Of Businesses Across The North

Fintech North is delighted to partner with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, that is dedicated to empowering the lower mid-market (businesses with £1m-£100m turnover) to support growth, prosperity, and innovation for the benefit of all.Founded in 2015 by entrepreneurs, Rishi Khosla and Joel Perlman, OakNorth has since lent over £12bn to these businesses, directly helping with the creation of 56,000 new jobs and 34,000 new homes in the UK. OakNorth also offers seamless business banking with dedicated support to help ambitious businesses simplify operations and scale at speed. For personal savers, the bank provides competitive savings accounts, enabling customers to achieve their financial goals while contributing to the growth of UK entrepreneurs and high-growth businesses.Since inception, OakNorth has had a dedicated operations and customer services team in Manchester, and over the years, has continued expanding its team and capabilities in the city, including with several debt finance directors and associates. It also has regional hubs in Leeds and Newcastle, supporting businesses across Yorkshire and the North East, as well as several regional hubs and offices in other parts of the UK.Some of its stand-out transactions completed across the north include:A £22.8m loan to support a joint venture between O’Shea and Galliard , to fund holiday lodges at Saltmoore, the new coastal luxury wellness retreat on the North Yorkshire Coast (loan completed in February 2025);A bespoke facility to Huddersfield headquartered and the UK’s leading premium nursery brand, Mamas & Papas , to support future growth (loan completed in August 2024);A £15m loan to private equity-backed, creative cocktail bar and restaurant group, The Alchemist , to open 10 new sites over the next three years (loan completed in February 2024);A £6.5m loan to Cheshire-based health and fitness club operator, Total Fitness , to support future growth opportunities beyond the core health club business (loan completed in July 2023);A bespoke facility to leading mid-market private equity firm LDC, to support its significant investment in Blis , a global programmatic advertising company (loan completed in June 2022).Joe Roche, General Manager, FinTech North: “We’re delighted to partner with OakNorth in 2025. Its entrepreneurial spirit, savings that support local businesses, and tech-enabled-people-driven approach are what make it stand out. Supporting entrepreneurs and businesses nationally is something FinTech North is incredibly passionate about, and where there is clear alignment with OakNorth.”Stewart Haworth, Director of Debt Finance at OakNorth, added: “The Northern FinTech ecosystem is thriving, and we’re privileged to have deep-rooted connections to cities across the north, including: Manchester, Leeds and Newcastle