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Full-Time

Senior Product Engineer

Posted on 6/27/2024

OakNorth Bank

OakNorth Bank

201-500 employees

Provides tailored lending solutions for businesses

Fintech
Financial Services

Senior, Expert

London, UK

Requires onsite presence in London for hybrid work arrangement.

Category
Full-Stack Engineering
Software Engineering
Required Skills
Python
Sales
React.js
Git
Postgres
TypeScript
AWS
FastAPI
CircleCI
Product Design
Data Analysis
Responsibilities
  • Designing, delivering, and iterating on products to help customers succeed
  • Collaborating with cross-functional teams including engineers, product, design, customer success, and sales
  • Talking to customers directly to understand product impact
  • Working on both web application and backend services

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

18%

1 year growth

18%

2 year growth

18%
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.

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