Associate, Debt Finance - Trading businesses

OakNorth Analytical Intelligence; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A fast-paced banking institution in Greater London is seeking an experienced Associate in Debt Finance. This role involves executing complex financial transactions, maintaining client relationships, and performing intricate financial modeling and analysis. Candidates should hold a relevant Bachelor’s degree and possess at least 3 years of experience in a related position. Exceptional analytical, communication, and problem-solving skills are essential for success in this role, which offers stimulating work in a dynamic environment.

Benefits

Equity participation

25 days holiday

Personalized benefits

Subsidised Private Medical Insurance

Enhanced maternity and paternity leave

Wellbeing and social events

Volunteering time off

Salary sacrifice schemes

Qualifications

• 3+ years experience in a similar role.
• Experience with private-equity-backed transactions.
• Strong ability to multitask in an unstructured environment.

Responsibilities

• Execute private-equity-backed trading business transactions.
• Maintain CRM from leads to closed deals.
• Prepare deal-specific credit memoranda.
• Build complex financial models to analyze investments.
• Conduct fundamental research and analysis.
• Contribute to discussions in third-party meetings.
• Support closing funding deals with multi-disciplinary teams.

Skills

Private-equity-backed transactions

Analytical abilities

Interpersonal skills

Problem-solving

Communication skills

Education

Bachelor's degree in Finance, Accountancy, Economics or equivalent

Job description

OakNorth Bank

At OakNorth, we empower ambitious UK businesses. Since 2015 we’ve lent over $18 billion across the UK and US, helped create 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of savers while fueling the UK economy.

This is a fantastic opportunity to join a fast‑paced, growing bank that does things differently. We want self‑starters and bold thinkers who want to pave their own career paths and are passionate about supporting the UK’s best and brightest business people.

Associate – Debt Finance

An Associate in Debt Finance assists Directors, supports the entire transaction process from beginning to end, and ensures the successful execution and management of all debt financing deals. We are specifically looking for Associates with experience in Private‑Equity‑backed lending.

Principal Responsibilities

• Work as part of a team on the execution of private‑equity‑backed trading business transactions
• Support the Debt Finance Team to maintain the CRM including new leads through to closed deals
• Assist in the preparation of deal‑specific credit memoranda for transaction recommendations to credit committees and other approval lines; attend external meetings with senior bankers and contribute to the discussions
• Build complex dynamic financial models to analyse investment opportunities (review debt structures, relevant underwriting parameters and specific assets using financial models and a variety of quantitative analytical tools to test assumptions and sensitivities)
• Undertake fundamental research analysis using a variety of data sources; undertake company and transaction‑specific analysis and valuations
• Participate in third‑party meetings where you could potentially contribute to drive the business forward – analysing proposed budgets, capital plans and other investment recommendations
• Work across a multi‑disciplinary team to support on closing the funding of deals, including Credit and Transaction Execution

What makes a successful Associate, Debt Finance

• A Bachelors degree with specialisation in Finance, Accountancy, Economics or equivalent from a top recognised university
• At least 3 years experience in a similar role
• Experience working on private‑equity‑backed transactions
• Determined attitude to liaise and work with multiple external teams to complete transactions
• Drive to achieve a common goal (lend money, help businesses, and earn interest / fees!)
• Clear thinker with research and analytical abilities; capacity to learn quickly
• Strong interpersonal and communication skills (written as well as verbal)
• Resourceful problem solver with a focus on delivery (ability to multitask is also crucial)
• Ability to thrive in an unstructured environment where you can create your own opportunities

Benefits & Perks

• Equity – we want people to have a stake in the business so that all our interests are aligned
• 25 days holiday
• Personalised benefits – opt‑in to what matters to you
• Subsidised Private Medical Insurance with BupaEnhanced maternity and paternity leave
• Wellbeing and social events
• Support causes that matter to you – volunteering time off
• Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)

About OakNorth

OakNorth Bank emboldens 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. We strive to create an inclusive and diverse workplace where everyone can thrive.