Director, Debt Finance - Real Estate in City of London

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.

Responsibilities

• Originate, structure and execute transactions that meet OakNorth’s lending requirements.
• Manage and further develop existing customer relationships, and identify 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 SMEs, KBIs, advisors and private equity firms.
• Assess appropriate organic and inorganic growth opportunities for OakNorth in the market.
• Perform financial account analysis and modelling.
• Analyse financial accounts and manage information to 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-accepted 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.
• Maintain a high level of customer experience at all times.
• Structure transactions appropriately, and submit 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.

Qualifications

• In-depth understanding and strong network of the Real Estate market in and around London.
• Excellent communication and customer-facing skills.
• Good understanding of business processes, strategy and credit policies.
• Strong credit, financial analysis and model‑making skills, including the ability to write good quality, structured credit papers.
• Experience in the analysis of senior, stretched senior and mezzanine cashflow unsecured transactions.
• Legal documentation skills.
• Experience presenting credit cases internally to a credit committee.
• Strong problem‑solving ability.
• Degree in Finance/Commerce or equivalent.

We’re OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace. Banking should be barrier‑free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data‑driven tools. We go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.