At a Glance
- Tasks: Originate and execute real estate transactions while building strong customer relationships.
- Company: Join OakNorth, a fast-paced bank known for innovation and supporting ambitious businesses.
- Benefits: Competitive salary, dynamic work environment, and opportunities for personal growth.
- Other info: Embrace an entrepreneurial approach with autonomy in deal selection.
- Why this job: Make a real impact by empowering entrepreneurs and driving economic growth.
- Qualifications: Strong understanding of the Real Estate market and excellent communication skills.
The predicted salary is between 80000 - 100000 £ per year.
About Us
At OakNorth, we're on a mission to empower ambitious businesses and the communities they serve. 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 driving economic growth in the markets we serve.
About the Role
This is a fantastic opportunity to join a fast-paced, growing bank with a reputation for doing things differently. We don’t want another cog in the machine, we’re looking for bold thinkers who are passionate about supporting the UK’s best and brightest business people. In a nutshell, the mission of a Real Estate Director is to independently originate high-quality new deals that meet OakNorth’s purpose of supporting ambitious entrepreneurs and profitable growing businesses. They’ll take full ownership of the entire process, from initial deal origination to successful execution, with a strong focus on credit discipline and driving customer delight. Working closely with senior leadership, the Director will have the autonomy to choose the deals they pursue, embracing an entrepreneurial approach at every step.
WHAT YOU’LL DO
- Originate, structure, execute transactions that meet the lending requirements of OakNorth
- Manage and further develop existing customer relationships, along with identifying new relationships and opportunities in the market
- Work as part of a team on the execution of real estate and property transactions
- Build the profile of the Bank in the external market with, for example SMEs, KBIs, Advisors and Private Equity firms
- Assess appropriate organic and inorganic growth opportunities for OakNorth in the market
- Spread financial accounts and financial modelling
- Analyse financial accounts and manage information and prepare credit memorandums
- Analyse financial models including forecasted cash flows and sensitivities to assess debt capacity and repayment
- Ensure transactions are documented in accordance with credit approved terms and credit sanctions
- Meet team and individual targets including profit, credit quality, new customers, retention and customer satisfaction
- Drive innovation in the product proposition to improve customer experience levels whilst maintaining asset quality
- Ensure a high level of customer experience at all times
- Meet team and individual targets set by OakNorth ExCo, CEO and the Board
- Structure transactions appropriately, and prove full credit reports to sanctioning authority
- Maintain close relationships with customers and reporting to Credit in line with policy in a timely manner
- Act in accordance with OakNorth Bank’s values at all times
YOU’LL BE A GREAT FIT IF YOU HAVE…
- In-depth understanding and strong network of the Real Estate market in the North
- Excellent communication and customer-facing skills
- Good understanding of business processes, strategy and credit policies
Director, Debt Finance - Real Estate 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 Director, Debt Finance - Real Estate 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.
✨Apply Directly and Be Proactive
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 Director, Debt Finance - Real Estate 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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨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.
