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 🚀
OakNorth Bank are looking for a strong In-House Banking and Finance transaction execution Director, specialising in Funds Finance and Structured Finance to come and join OakNorth in the next stage of our company’s growth. This role sits within our Legal and Transaction Management department in London, will have experience of a wide range of banking and finance transactions, including funds finance 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
Responsibilities
Work with 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 with the Credit teams and borrowers in a time efficient manner for transactions to be commenced quickly.Instruct and manage external and internal lawyers on the drafting of finance documents.Instruct and manage internal lawyers for the review of finance documents and management of transactions.Manage 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 and Digital platforms to ensure that the business has full visibility on deal closings and pipeline.
Requirements:
Extensive experience of a wide range of finance transactions and clear understanding of all types of deal structures. Experience to include (not all are required) structured finance (including loan on loan lending, participations, co-lending structures), funds financing including NAV facilities, GP facilities, hybrid facilities, capital call and liquidity facilities. Strong knowledge and understanding of banking transaction documentationHighly skilled transaction management, negotiation skills and structuring experience to be able run transactions independently.Clear attention to detail on all deal structuring and transaction documentsAbility to build trust with deal team, clients and senior internal stakeholdersStrong communication skills, ability to work in teams and demonstrates ability to remain calm under pressureAlignment with OakNorth values and to become a culture carrier for the business
Benefits & Perks
Equity. We want people to have a stake in the business so that all our interests are aligned.25 days holidayPersonalized benefits – opt-in to what matters to youSubsidised Private Medical Insurance with BupaEnhanced maternity and paternity leaveWellbeing and social eventsIn-house Barista Bar in London officeSupport causes that matter to you – Volunteering time offSalary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)
