Associate Director - Business Banking - Deposits

Associate Director - Business Banking - Deposits

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
OakNorth

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: Competitive salary, strong OTE structure, and career growth opportunities.
  • Other info: Fast-paced environment with a start-up mindset and high-impact contributions.
  • Why this job: Play a key role in shaping the future of Business Banking.
  • Qualifications: Experience in Business or Commercial banking with a focus on deposits.

The predicted salary is between 60000 - 80000 £ per year.

ABOUT US At Oak North, 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 Oak North’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 Oak North to target.

Work cross‑functionally with other relevant business departments by communicating valuable customer feedback and helping shape the future strategy of Oak North 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 Oak North 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

Associate Director - Business Banking - Deposits employer: OakNorth

At OakNorth, we pride ourselves on being an excellent employer by fostering a dynamic and supportive work culture that empowers our employees to thrive. As an Administrative & Property Support Associate, you'll be part of a small, ambitious team where your contributions directly impact the community and economy, while enjoying benefits like personalised perks, subsidised private medical insurance, and opportunities for professional growth. Join us in our London office to experience meaningful work from day one, alongside a vibrant atmosphere that encourages collaboration and innovation.

OakNorth

Contact Details:

OakNorth Recruitment Team

We think you need these skills to ace Associate Director - Business Banking - Deposits

Business Banking
Deposit Growth
Sales Skills
Stakeholder Engagement
Networking
Commercial Awareness
Cross-Functional Collaboration