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For Companies At a Glance
- Tasks: Join our Business Banking team to drive growth and support ambitious businesses.
- Company: OakNorth, a leading commercial bank empowering UK businesses since 2015.
- Benefits: Equity options, 25 days holiday, private medical insurance, and personalised perks.
- Why this job: Be part of a fast-paced team redefining business banking for high-growth companies.
- Qualifications: 1-3 years in sales or business development, with a proactive and adaptable mindset.
- Other info: Exciting career growth opportunities in a dynamic environment.
The predicted salary is between 36000 - 60000 £ per year.
At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $18 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.
Team Mission
We’re now looking for a Business Development Associate to join our Business Banking team, five days a week in London. 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 them discover how OakNorth can simplify complexity, unlock capital, and give them the tools they need to reach their next big milestone. If you thrive in a fast-paced, high-impact environment, and want to be part of a team that’s redefining what business banking should look like for high-growth companies, we’d love to hear from you.
Responsibilities
- Support the Business Banking commercial growth team, from origination to in-life management of OakNorth Business Banking customers.
- Proactively acquire new business banking customers through a variety of channels including, outbound calls and emails, responding to inbound enquiries, inviting prospects and existing customers to exclusive events, and driving ongoing engagement and account management with businesses in the OakNorth ecosystem.
- Work with the Marketing and Commercial teams to identify opportunities, structure data, build processes and automation to increase productivity and relevance to our ICP.
- Contribute to ad-hoc duties and projects as determined from time to time by members of the management team.
- Work cross functionally with other relevant business departments by communicating valuable customer feedback and keeping them informed of customer issues and successes.
Requirements
- 1–3 years of experience in a Sales, Business Development Associate, or Sales Development Representative role (preferably in Fintech, B2B, or SaaS).
- Proven track record of meeting or exceeding sales development KPIs.
- Comfortable with cold calling and confident engaging senior stakeholders, including decision-makers and founders.
- Self-starter with the ability to work independently — this is the first hire into the team with plans for growth.
- A start-up mindset: coachable, adaptable, proactive, and energized by a fast-paced, evolving environment.
- Able to deliver high-quality work under pressure and within deadlines.
- Comfortable using CRM and telephony systems; proficient in Microsoft Excel and PowerPoint.
- Eager to be part of one of the best-performing commercial banks globally and build a rewarding career.
- An undergraduate degree or higher is preferred but not required.
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).
Business Development Associate, Business Banking employer: OakNorth
Contact Detail:
OakNorth Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Associate, Business Banking
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. You never know who might help you land that dream job!
✨Tip Number 2
Practice your pitch! When you get the chance to chat with someone from OakNorth or any other company, make sure you can clearly explain who you are, what you do, and why you’d be a great fit for their team. Keep it concise and engaging!
✨Tip Number 3
Follow up after interviews or networking events. A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and interested.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the OakNorth team!
We think you need these skills to ace Business Development Associate, Business Banking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Associate. Highlight your experience in sales and business development, especially in fintech or B2B environments. We want to see how you can help us empower ambitious businesses!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about business banking and how your skills align with our mission at OakNorth. Show us your personality and enthusiasm for the role!
Showcase Your Achievements: When detailing your experience, focus on specific achievements and metrics. Did you exceed sales targets? How did you engage with senior stakeholders? We love numbers and success stories that demonstrate your impact!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you into our system quickly. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at OakNorth
✨Know Your Stuff
Before the interview, make sure you research OakNorth thoroughly. Understand their mission, values, and recent achievements in the business banking sector. This will not only help you answer questions more effectively but also show your genuine interest in the company.
✨Showcase Your Sales Skills
Prepare specific examples from your past experiences that highlight your success in sales or business development. Be ready to discuss how you've met or exceeded KPIs, especially in a fast-paced environment. This is your chance to demonstrate that you can thrive in the role!
✨Engage with Confidence
Since the role involves engaging with senior stakeholders, practice your communication skills. Be confident when discussing your ideas and experiences, and don’t shy away from asking insightful questions about the company’s growth strategy and how you can contribute.
✨Embrace the Start-Up Mindset
OakNorth is looking for someone who is adaptable and proactive. During the interview, express your enthusiasm for working in a dynamic environment and share examples of how you've successfully navigated change or taken initiative in previous roles.