Director, Debt Finance – Real Estate and Trading Businesses

At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $21 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 mission of a Director is to independently originate high-quality new deals, which fit within the OakNorth thesis of supporting high-quality entrepreneurs and profitable growing businesses. They are expected to take full end-to-end ownership, with a strong focus on credit discipline and driving customer delight. Play a key role in embracing and living OakNorth's entrepreneurial attitude. 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. Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools. And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market. But we go beyond finance, to empower our people, encourage professional growth, and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed. Our Story OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken. Why was it so difficult for a profitable business with impressive cash flow, retained clients, and clear commercial success to get a loan? The industry was backward-looking and too focused on historic financials rather than future potential. So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses? No more what-ifs. OakNorth Bank exists. For more information regarding our Privacy Policy and practices, please visit: https://oaknorth.co.uk/legal/privacy-notice/employees-and-visitors/ You will: - 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, or trading business transactions - Build the profile of the 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 modeling - Analyze financial accounts and manage information to 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 - Oversee ongoing relationship management and client experience - Drive innovation in the product proposition to improve customer experience levels while maintaining asset quality - Ensure a high level of customer experience at all times - Meet team and individual targets set by the OakNorth Executive Committee, CEO, and the Board - Structure transactions appropriately and provide full credit reports to the 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 You have: - In-depth understanding of SME lending, Real Estate, and Trading Businesses - Good understanding of Banking and Financial Services products and a strong grasp of IFRS 9 - Excellent communication and customer-facing skills - Good understanding of business processes, strategy, and credit policies - Strong credit, financial analysis, and modeling skills, including the ability to write high-quality, structured credit papers - Experience in the analysis of senior, stretched senior, and mezzanine cash flow unsecured transactions - Legal documentation skills - Experience in presenting credit cases internally to a credit committee - Strong problem-solving ability - Degree in Finance, Commerce, or equivalent Benefits & Perks - Equity: We want people to have a stake in the business so that all our interests are aligned. - 25 days holiday - Personalized benefits – opt into what matters to you.