At OakNorth, we’re looking for a Fund Finance Originator to help grow our Fund Finance offering in the UK. As a Director, you’ll use your network to source high-quality new deals, supporting our mission to help entrepreneurs and scaling businesses reach their potential faster through flexible finance and partnership.
Key Responsibilities
- 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 Fund Finance deals
- Build the profile of Bank in the external market with, for example SMEs, KBIs, Advisors and Private Equity firms
- Assess appropriate organic and inorganic growth opportunities for OakNorth Bank 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 transaction 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
- Have an overview of ongoing relationship management and client experience
- Drive innovation in the product proposition to improve customer experience levels whilst maintaining asset quality
- Ensure 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
What we are looking for
- In depth understanding of SMEs or Fund Finance banking environments
- Previous experience as an originator within fund finance
- A background in front office and risk within SME Commercial Banking
- Excellent communication and customer facing skills
- Good understanding of business processes, strategy and credit policies
- Strong credit, financial analysis and modelling skills, including the ability to write good quality, structured credit papers
- Experience in the analysis of senior, stretched senior and mezzanine cashflow unsecured transactions
- Experience in presenting credit case internally to a credit committee
- Strong problem solving abilityDegree in Finance / Commerce or equivalent
Benefits and 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)
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