Director, Debt Finance - Real Estate

About Us

At OakNorth, we're on a mission to empower ambitious businesses and the communities they serve. Since 2015, we've lent over $21 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 driving economic growth in the markets we serve.

About the Role

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 bold thinkers who are passionate about supporting the UK’s best and brightest business people.

In a nutshell, the mission of a Real Estate Director is to independently originate high-quality new deals that meet OakNorth’s purpose of supporting ambitious entrepreneurs and profitable growing businesses. They’ll take full ownership of the entire process, from initial deal origination to successful execution, with a strong focus on credit discipline and driving customer delight. Working closely with senior leadership, the Director will have the autonomy to choose the deals they pursue, embracing an entrepreneurial approach at every step.

WHAT YOU’LL DO

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 real estate and property transactions

Build the profile of the Bank in the external market with, for example SMEs, KBIs, Advisors and Private Equity firms

Assess appropriate organic and inorganic growth opportunities for OakNorth 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 transactions 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

Drive innovation in the product proposition to improve customer experience levels whilst maintaining asset quality

Ensure a 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

YOU’LL BE A GREAT FIT IF YOU HAVE…

In-depth understanding and strong network of the Real Estate market in the North

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

Legal documentation skills

Experience in presenting credit cases internally to a credit committee

Strong problem-solving ability

Degree in Finance / Commerce or equivalent