At a Glance
- Tasks: Drive deposit growth by connecting with scaling businesses and building lasting relationships.
- Company: Join OakNorth, a bank built by entrepreneurs for entrepreneurs.
- Benefits: Enjoy competitive salary, personalised benefits, and 25 days holiday.
- Other info: Work in a dynamic environment with excellent career growth opportunities.
- Why this job: Make a real impact in a fast-growing business unit and shape the future of banking.
- Qualifications: Experience in Business or Commercial banking with a strong sales track record.
The predicted salary is between 60000 - 80000 £ per year.
ABOUT US
At OakNorth, we do business banking differently. Built by entrepreneurs, for entrepreneurs, we understand what it takes to grow a successful business – and we’re here to help our customers do just that. That’s why thousands of scaling companies across the UK trust us not just as their bank, but as a long-term partner in growth.
We have been an established lender for 10+ years and now want to drive business deposit growth to accelerate our lending efforts. We’re now looking for an Associate Director to help drive growth in our Business Deposit Book. This is a unique opportunity to play a key role in our commercial growth strategy – working directly with founders, CFOs, and finance teams to help provide them a better return on their deposits and build a relationship to support their business.
ABOUT THE ROLE
We are looking for an Associate Director to lead growth in our Business Banking Deposits team. This is a commercially focused, high‑impact role working directly with scaling businesses to help them get a better return on their deposits – while building lasting relationships that support OakNorth’s broader lending mission.
WHAT YOU’LL DO
Deposit Growth
- Originate and convert new deposit opportunities from established and high‑growth businesses.
- Utilise your existing network of businesses and introducers and be proactive in finding new opportunities through outbound calls and emails, converting referrals and attending events.
- Share your knowledge of Commercial Banking to identify new areas of the market for OakNorth to target.
- Work cross‑functionally with other relevant business departments by communicating valuable customer feedback and helping shape the future strategy of OakNorth Business Banking.
YOU’LL BE A GREAT FIT IF YOU HAVE…
- Experience in Business or Commercial banking, ideally in roles with a deposit focus.
- An established network within high‑growth and mid‑size businesses and associated introducers for these customers.
- A proven track record of meeting or exceeding sales KPIs.
Skills and Attributes
- Comfortable in a sales‑first environment and confident engaging senior stakeholders, including decision‑makers and founders.
- Self‑starter with the ability to work independently.
- A start‑up mindset: coachable, adaptable, proactive, and energised by a fast‑paced, evolving environment.
- Ability to deliver high‑quality work under pressure and within deadlines.
WHAT WE OFFER
Why Join OakNorth
- Work in the newest and fastest growing business unit in a successful bank.
- Influence the growth and direction of Business Banking through your personal contribution.
- Competitive salary, benefits and opportunities for career growth.
- Strong OTE structure to be rewarded for performance growth.
Benefits & Perks
- 25 days holiday
- Personalised 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 - Business Banking - Deposits in Manchester employer: OakNorth Bank plc
At OakNorth, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through personalised benefits, extensive wellbeing initiatives, and opportunities for professional development, all set against the backdrop of our vibrant London office. Join us in making a meaningful impact as we empower businesses and communities while enjoying a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director - Business Banking - Deposits in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like OakNorth Bank plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Director - Business Banking - Deposits in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to OakNorth Bank plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on OakNorth Bank plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at OakNorth Bank plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with OakNorth Bank plc.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at OakNorth Bank plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former OakNorth Bank plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
