At a Glance
- Tasks: Originate and manage fund finance transactions while mentoring junior team members.
- Company: Join OakNorth, a leading lender empowering ambitious UK businesses.
- Benefits: Enjoy 25 days holiday, personalised benefits, and enhanced parental leave.
- Other info: Dynamic environment with clear path to Director and opportunities for personal growth.
- Why this job: Shape the future of fund finance and make a real impact in a growing team.
- Qualifications: 6-8 years in fund finance with strong relationship-building skills.
The predicted salary is between 70000 - 90000 £ per year.
At OakNorth, we're on a mission to empower the UK's most ambitious businesses. Since 2015, we've lent over $21 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while fuelling the UK economy. This is an exciting moment to join us. We're actively growing our Fund Finance capability — a strategically important and fast-moving part of the business.
This role is designed for a driven lending professional with around 6–8 years of experience — someone who has moved beyond pure execution and is now confidently originating transactions, owning client relationships, and thinking like a director. You'll have genuine expertise in fund finance or similarly complex, lender-led credit products, and you'll be ready to step into a role where your contribution is visible, valued, and directly shapes the trajectory of the team.
As an Associate Director in Fund Finance, you will work hand-in-hand with the Director and Managing Director to originate and grow the fund finance book — bringing your own relationships and market knowledge to bear while playing a leading role in structuring, executing, and managing transactions. This is a genuine build opportunity: the team is growing, the ambition is clear, and there is a defined path to Director for the right person.
Principal Responsibilities:- Originate new fund finance opportunities through your own network and in close collaboration with the Director and Managing Director, taking real ownership of pipeline development.
- Lead transactions from mandate through to execution, including structuring, credit analysis, internal approvals, and documentation.
- Manage fund manager relationships with confidence and autonomy, acting as a senior point of contact throughout the deal lifecycle.
- Play an active role in shaping how the fund finance franchise develops at OakNorth, contributing to strategy alongside senior leadership.
- Mentor and develop junior members of the team as the business scales.
- 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.
- A strong track record in fund finance — ideally with NAV lending experience, alongside capital call facilities, GP financing, or related structures.
- The credibility to engage confidently with sophisticated fund managers and the judgement to structure transactions that work for both client and bank.
- A proven ability to originate — you bring relationships and ideas, not just execution capability.
- A strong existing network within the fund finance market that you're ready to put to work.
- Someone motivated by building something, with a genuine appetite for ownership and commercial impact.
- A clear sense of direction: you're ready for the step to Director and you want an environment where that path is real.
- 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).
Associate Director, Fund Finance in London employer: OakNorth Analytical Intelligence
Contact Detail:
OakNorth Analytical Intelligence Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director, Fund Finance in London
✨Network Like a Pro
Get out there and connect with people in the fund finance space! Attend industry events, join relevant online forums, and don’t be shy about reaching out to your existing contacts. Remember, it’s all about who you know and how you can leverage those relationships.
✨Showcase Your Expertise
When you get the chance to chat with potential employers or during interviews, make sure to highlight your experience in originating transactions and managing client relationships. Share specific examples of how you've added value in previous roles — this will set you apart from the competition!
✨Be Ready to Discuss Strategy
Since this role is all about shaping the fund finance franchise, come prepared with ideas on how you can contribute to the team’s growth. Think about market trends and how they could impact OakNorth, and be ready to discuss your vision for the future during interviews.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It shows your genuine interest in joining OakNorth and makes it easier for us to track your application. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Associate Director, Fund Finance in London
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for fund finance shine through! We want to see that you’re not just looking for a job, but that you’re genuinely excited about the opportunity to contribute to our mission at OakNorth.
Tailor Your Experience: Make sure to highlight your relevant experience in fund finance. We’re looking for someone with a strong track record, so don’t be shy about showcasing your achievements and how they align with what we’re doing at OakNorth.
Be Authentic: We appreciate authenticity, so be yourself in your application. Share your unique perspective and how your background has shaped your approach to lending and client relationships. This helps us get to know the real you!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at OakNorth Analytical Intelligence
✨Know Your Fund Finance Inside Out
Make sure you brush up on your fund finance knowledge, especially around NAV lending and capital call facilities. Be ready to discuss your past experiences and how they relate to the role at OakNorth. This will show that you're not just familiar with the concepts but can also apply them in real-world scenarios.
✨Showcase Your Network
Since this role requires a strong existing network, come prepared to talk about your connections within the fund finance market. Share specific examples of how you've leveraged these relationships to originate deals or drive business growth. This will demonstrate your ability to bring value to the team right from the start.
✨Demonstrate Leadership Skills
As an Associate Director, you'll be expected to mentor junior team members and contribute to strategy. Think of examples where you've taken ownership of projects or led teams in the past. Highlighting these experiences will show that you're ready to step into a leadership role and help shape the future of the fund finance franchise.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your judgement and decision-making skills. Practice articulating how you would structure transactions that benefit both clients and the bank. This will help you convey your strategic thinking and problem-solving abilities, which are crucial for this position.