At OakNorth, we're on a mission to empower the UK's most ambitious businesses. Since 2015, we've lent over $18 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers - all while fuelling the UK economy.
This is an exciting opportunity to join a dynamic, fast-growing bank known for challenging the status quo. We're not looking for just another cog in the wheel - we want bold thinkers and proactive self-starters who are eager to shape their own careers and support the UK's most driven business leaders.
The Director's mission is to independently originate high-quality new deals that align with OakNorth's focus on supporting ambitious entrepreneurs and profitable, growing businesses across the North of England. This role involves taking full end-to-end ownership, with a strong emphasis on maintaining credit discipline and ensuring customer delight. Play a key role in embracing / living OakNorth's entrepreneurial attitude.
You Will:
- Originate, structure, 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, for example 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 modelling
- Analyse financial accounts and manage information and prepare credit memorandums
- Analyse financial models including forecasted cash flows and sensitivities to assess debt capacity and repayment
- Ensure transaction 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 high level of customer experience at all times
- Meet team and individual targets set by OakNorth ExCo, CEO and the Board
- Structure transactions appropriately, and prove full credit reports to sanctioning authority
- Maintain close relationships with customers and reporting to Credit in line with policy, in a timely manner
- Act in accordance with OakNorth Bank's values at all times
You Have:
- In depth understanding and network of SME lending, Operational Real Estate and the Healthcare market within the North of England
- Excellent communication and customer facing skills
- Good understanding of business processes, strategy and credit policies
- Strong credit, financial analysis and modelling skills, including the ability to write good quality, structured credit papers
- 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
About Us: We're OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.