At a Glance
- Tasks: Lead banking and finance transactions, ensuring compliance and efficiency in deal structures.
- Company: Join OakNorth, a fast-growing bank dedicated to supporting innovative businesses across the UK and US.
- Benefits: Enjoy equity options, 25 days holiday, and personalised benefits like subsidised medical insurance.
- Why this job: Be part of a dynamic team that values self-starters and offers opportunities for personal growth.
- Qualifications: 2-4 years PQE in banking and finance with strong communication and transaction management skills.
- Other info: Embrace a culture of inclusivity and entrepreneurial spirit while making a real impact.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Associate Director, Legal and Transaction Management role at OakNorth. This is a fantastic opportunity to join a fast-paced, growing bank with a reputation for doing things differently. We’re looking for self-starters and bold thinkers who want to pave their own career paths and are passionate about supporting the UK’s best and brightest businesspeople.
OakNorth Bank are looking for a strong In-House Banking and Finance transaction execution Associate Director (2-4 PQE) to come and join OakNorth in the next stage of our company’s growth. This role sits within our Legal and Transaction Management department and will have experience of a wide range of banking and finance transactions, including real estate, cash flow lending and structured finance facilities. The candidate will be able to work within tight timelines and will align with the OakNorth values of working as one team with the ambition to deliver a high-quality product to our customers. Are you ready to step up to the challenge?
Responsibilities:
- Work with senior members of the Transaction Execution Team and prospective borrowers to agree deal structures and advise the Business Development and Credit teams to ensure structures of deals comply with terms of credit sanction.
- Ensure Term Sheets are agreed in a time efficient manner for transactions to be commenced quickly.
- Instruct and manage external and internal lawyers on the drafting of finance documents.
- Instruct and manage junior internal lawyers for the management of credit and lending conditions.
- Work on a number of transactions simultaneously and facilitate all CPs to be satisfied as quickly as possible.
- Become an expert in the use and management of the Bank's CRM programme to ensure that the business has full visibility on deal closings and pipeline.
- Leverage GenAI tools to increase productivity and enhance decision-making processes within the role.
Requirements:
- Strong experience of a wide range of finance transactions and clear understanding of a variety of deal structures.
- Good working knowledge and understanding of the documentation required for banking transactions.
- Strong training and knowledge of transaction management and structuring experience.
- Clear attention to detail on all deal structuring and transaction documents.
- Ability to add value and build trust with clients.
- Strong communication skills, ability to work in teams and demonstrates ability to remain calm under pressure.
- Strong understanding of the regulatory environment.
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.
- 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).
Equal Opportunities:
At OakNorth, we hire for the skills, experience and competencies that we believe will give you the greatest likelihood for success in a role. Equally, if not more importantly, we also look for people who demonstrate the attitudes and behaviours that align with our Values. If you don’t meet all of the listed criteria for the role but have determination, a growth mindset, and entrepreneurial spirit to achieve them, please do still apply.
OakNorth constantly strives to be an inclusive environment for everyone. Diversity in our team means great business outcomes and a culture that is open and welcoming for all. If you’re looking to join a company that’s focused on customers and ambitious outcomes, please do apply.
Data Privacy:
By submitting your application, you agree that OakNorth may collect your personal data for recruiting and related purposes.
Contact Detail:
OakNorth Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director, Legal and Transaction Management
✨Tip Number 1
Familiarise yourself with OakNorth's values and mission. Understanding their commitment to supporting entrepreneurs and innovative businesses will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Network with current or former employees of OakNorth. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial when discussing your fit for the role.
✨Tip Number 3
Stay updated on recent trends in banking and finance, particularly in areas like real estate and structured finance. Being knowledgeable about current market conditions will allow you to speak confidently about relevant topics during interviews.
✨Tip Number 4
Prepare to discuss specific examples of your experience with transaction management and structuring. Highlighting your past successes and how they relate to the responsibilities of the Associate Director role will demonstrate your capability and readiness for the position.
We think you need these skills to ace Associate Director, Legal and Transaction Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking and finance transactions. Focus on your achievements in deal structuring and transaction management, as these are key for the Associate Director role.
Craft a Compelling Cover Letter: In your cover letter, express your passion for supporting businesses and your alignment with OakNorth's values. Mention specific experiences that demonstrate your ability to work under pressure and manage multiple transactions simultaneously.
Showcase Your Skills: Emphasise your strong communication skills and attention to detail in your application. Provide examples of how you've built trust with clients and successfully navigated complex regulatory environments in previous roles.
Highlight Your Adaptability: Given the fast-paced nature of OakNorth, illustrate your ability to adapt to changing circumstances. Share instances where you leveraged technology or innovative tools to enhance productivity and decision-making in your past positions.
How to prepare for a job interview at OakNorth
✨Showcase Your Transaction Management Expertise
Be prepared to discuss your experience with various banking and finance transactions. Highlight specific examples where you successfully managed deal structures, as this role requires a strong understanding of transaction management.
✨Demonstrate Your Teamwork Skills
Since OakNorth values collaboration, share instances where you've worked effectively within a team. Emphasise your ability to communicate clearly and build trust with colleagues and clients alike.
✨Familiarise Yourself with Regulatory Environments
Understanding the regulatory landscape is crucial for this position. Brush up on relevant regulations and be ready to discuss how they impact transaction management and structuring in your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills under pressure. Think of scenarios where you had to meet tight deadlines or manage multiple transactions simultaneously, and be ready to explain your approach and outcomes.