Director, Debt Finance Fund Finance
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Job Summary
At OakNorth were looking for a Fund Finance Originator to help grow our Fund Finance offering in the UK.
As a Director youll use your network to source high-quality new deals supporting our mission to help entrepreneurs and scaling businesses reach their potential faster through flexible finance and partnership.
Since launching in 2015 OakNorth has lent more than $18 billion to ambitious entrepreneurs across the UK and over $1.5 billion in the US since summer 2023. That lending has helped create over 36000 new jobs and 58000 new homes and were just getting started.
Our directors take end-to-end ownership combining credit discipline with an unmatched customer experience pairing strong 1:1 relationships with the power of the OakNorth platform. Like our customers we think and act like entrepreneurs so an ownership mindset is key to success here.
Key Responsibilties:
- 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 Fund Finance deals
- 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 Banks values at all times
What we are looking for:
- In depth understanding of SMEs or Fund Finance banking environments
- Previous experience as an originator within fund finance
- A background in front office and risk within SME Commercial Banking
- 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
- Experience in presenting credit case 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
- In-house Barista Bar in London office
- 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 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. For more information regarding our Privacy Policy and practices please visit: 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 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.
For more information regarding our Privacy Policy and practices please visit: may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
Director
Key Skills
- Accounting Software
- Forecasting
- Ellucian
- Financial Report Writing
- GAAP
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
OakNorth Credit Intelligence Suite transforms commercial lending, giving banks 360° views of borrowers, with deeply granular, forward-looking insight, to improve efficiencies, lower credit risk, and drive profitable growth through economic cycles. Banks lend smarter, lend faster, and ... View more
