OakNorth is hiring a
Associate

Summary

The job is for an Associate in Debt Finance at OakNorth Bank. The role involves assisting Directors in executing transactions, preparing credit memoranda, building financial models, undertaking research analysis, participating in third party meetings, and working across a multi-disciplinary team to support on closing deals. The candidate should have a Bachelors degree with specialization in Finance, Accountancy, Economics or equivalent from a top recognized university, a determined attitude, clear thinking abilities, strong interpersonal and communication skills, resourcefulness, ability to thrive in an unstructured environment, and the ability to multitask.

Requirements

• A Bachelors degree with specialisation in Finance, Accountancy, Economics or equivalent from a top recognised university
• Determined attitude to liaise and work with multiple external teams to complete transactions
• Drive to achieve a common goal (lend money, help businesses, and earn interest / fees!)
• Clear thinker with research and analytical abilities; capacity to learn quickly
• Strong interpersonal and communication skills (written as well as verbal)
• Resourceful problem solver with a focus on delivery (ability to multitask is also crucial)
• Ability to thrive in an unstructured environment where you can create your own opportunities

Responsibilities

• Work as part of a team on the execution of corporate finance trading business transactions or real estate deals
• Support the Debt Finance Team to maintain the CRM including new leads through to closed deals
• Assist in the preparation of deal specific credit memoranda for transaction recommendations to credit committees and other relevant lines of approval; go to external meetings (with senior bankers) and contribute to the discussions
• Assist in building complex dynamic financial models to analyse investment opportunities (reviewing debt structures, relevant debt underwriting parameters and specific assets using financial models and a variety of quantitative analytical tools to test assumptions and sensitivities)
• Undertake fundamental research analysis using a variety of data sources; undertake company and transaction specific analysis and valuations
• Participate in third party meetings where you could potentially contribute to drive the business forward - analysing proposed budgets, capital plans and other investment recommendations
• Work across a multi-disciplinary team to support on closing the funding of deals, including Credit and Transaction Execution

Benefits

• Equity
• 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)