Associate Director, Legal and Transaction Management

Since our launch in 2015, we’ve lent over £10bn to ambitious entrepreneurs up and down the UK. That’s led to the creation of over 40,000 new jobs and over 29,000 new homes – and we’re not about to stop there. We’re dedicated to helping trailblazing businesses thrive and our Legal and Transaction Management team are integral to our growth. 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 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 join OakNorth in the next stage of our company’s growth. This role sits within our Legal and Transaction Management department, and the candidate 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 commence 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.

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 demonstrate the 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.

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