At a Glance
- Tasks: Support Directors in managing debt finance transactions from start to finish.
- Company: Join OakNorth, a dynamic bank empowering entrepreneurs since 2015.
- Benefits: Enjoy equity options, 25 days holiday, and personalised benefits.
- Why this job: Be part of a team that challenges the status quo and drives business success.
- Qualifications: Bachelor's degree in Finance or related field; 5 years experience required.
- Other info: Thrive in an inclusive environment where your ideas can shape the future.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Associate, Debt Finance role at OakNorth 1 week ago Be among the first 25 applicants Join to apply for the Associate, Debt Finance role at OakNorth Since launching in 2015, we’ve provided over £12 billion in funding to ambitious entrepreneurs across the UK. This has contributed to the creation of more than 40,000 new jobs and over 29,000 new homes — and we’re just getting started. We\’re committed to helping innovative businesses flourish, with our Debt Finance team at the heart of our continued growth. 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. As an Associate in Debt Finance, you\’ll play a key role in supporting Directors throughout the entire transaction lifecycle — from origination to execution — ensuring every deal is successfully delivered and expertly managed. Principal Responsibilities: Work as part of a team on the execution of corporate finance trading business transactions and 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 What makes a successful Associate, Debt Finance: A Bachelors degree with specialisation in Finance, Accountancy, Economics or equivalent from a top recognised university At least 5 years experience in a similar role 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 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-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 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 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: https://oaknorth.co.uk/legal/privacy-notice/employees-and-visitors/ Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Referrals increase your chances of interviewing at OakNorth by 2x Get notified about new Finance Associate jobs in London, England, United Kingdom . 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Associate, Debt Finance employer: OakNorth
Contact Detail:
OakNorth Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate, Debt Finance
✨Tip Number 1
Familiarise yourself with OakNorth's unique approach to banking. Understanding their entrepreneurial spirit and commitment to innovative financing solutions will help you align your mindset with theirs during interviews.
✨Tip Number 2
Network with current or former employees of OakNorth. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations, which you can leverage in your discussions.
✨Tip Number 3
Brush up on your financial modelling skills. Since the role involves building complex dynamic financial models, demonstrating your proficiency in this area during interviews will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss recent trends in debt finance and how they impact businesses. Showing that you're informed about the industry will highlight your analytical abilities and genuine interest in the role.
We think you need these skills to ace Associate, Debt Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in debt finance or corporate finance. Use specific examples that demonstrate your analytical skills and ability to work with multiple teams.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at OakNorth and how your background aligns with their mission. Mention your proactive approach and problem-solving abilities, as these are key traits they value.
Highlight Relevant Skills: Emphasise your strong interpersonal and communication skills, both written and verbal. Provide examples of how you've successfully collaborated with external teams or contributed to complex projects in the past.
Showcase Your Analytical Abilities: Include specific instances where you've conducted fundamental research analysis or built financial models. This will demonstrate your capability to thrive in an unstructured environment and your readiness to contribute to the Debt Finance team.
How to prepare for a job interview at OakNorth
✨Understand the Company’s Vision
Before your interview, take some time to research OakNorth's mission and values. Understand their commitment to supporting entrepreneurs and how they challenge traditional banking. This will help you align your answers with their goals and demonstrate your enthusiasm for the role.
✨Showcase Your Analytical Skills
As an Associate in Debt Finance, you'll need strong analytical abilities. Be prepared to discuss your experience with financial modelling and data analysis. Bring examples of past projects where you've successfully used these skills to drive results, as this will highlight your suitability for the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess how you would handle real-life situations in the role. Think about scenarios involving transaction execution or working with external teams. Practising your responses will help you articulate your thought process and problem-solving skills effectively during the interview.
✨Demonstrate Team Collaboration
The role requires working closely with various teams. Be ready to share examples of how you've successfully collaborated in the past. Highlight your interpersonal skills and ability to communicate clearly, as these are crucial for ensuring smooth transactions and achieving common goals.