drjobs Director, Debt Finance - Real Estate

Director, Debt Finance - Real Estate

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1 Vacancy
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Job Location drjobs

Birmingham - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Since our launch in 2015 weve lent over 13bn to ambitious entrepreneurs across both the UK and US. Thats led to the creation of over 40000 new jobs and over 29000 new homes and were not about to stop there. Were dedicated to helping trailblazing businesses thrive and our Debt Finance team are the drivers of our growth.

This is a fantastic opportunity to join a fast-paced growing bank with a reputation for doing things differently. We dont want another cog in the machine were looking for bold thinkers who are passionate about supporting the UKs best and brightest business people.

In a nutshell the mission of a Real Estate Director is to independently originate high-quality new deals that meet OakNorths purpose of supporting ambitious entrepreneurs and profitable growing businesses. Theyll take full ownership of the entire process from initial deal origination to successful execution with a strong focus on credit discipline and driving customer closely with senior leadership the Director will have the autonomy to choose the deals they pursue embracing an entrepreneurial approach at every step.

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 real estate and property 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 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 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
    • Drive innovation in the product proposition to improve customer experience levels whilst maintaining asset quality
    • Ensure a 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 Banks values at all times

You have:

    • In-depth understanding and strong network of the Real Estate market across the Midlands
    • 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 cases internally to a credit committee
    • Strong problem-solving ability
    • Degree in Finance / Commerce or equivalent

Benefits and 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-in to what matters to you
    • Subsidised Private Medical Insurance with Bupa
    • Enhanced maternity and paternity leave
    • Wellbeing and social events
    • Support causes that matter to you Volunteering time off
    • Salary sacrifice schemes (Cycle to work nursery gym electric car scheme)
About Us
Were 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. Its 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 cashflow 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.

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Director

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