Deposit Analyst - Entry Level

OakNorth; Manchester; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading financial institution in Manchester is seeking a Deposit Operations Analyst to support the management of savings products. This full-time position involves delivering exceptional customer service, handling account-related tasks, and resolving issues efficiently. Ideal candidates will possess strong communication skills and an analytical mindset. The role offers real responsibility and professional development opportunities in a fast-paced environment with competitive benefits.

Benefits

Equity in the business

25 days holidays

Subsidised Private Medical Insurance with Bupa

Enhanced maternity and paternity leave

Wellbeing and social events

Volunteering time off

Salary sacrifice schemes

Qualifications

• 1-2 years relevant experience is ideal, but all backgrounds welcome.
• Experience in providing strong customer service via telephone and email is desired.
• Willingness to learn and develop new skills.

Responsibilities

• Support the origination and management of savings products.
• Handle inbound/outbound customer calls and email support.
• Deliver excellent customer service, resolving issues at the first contact.
• Develop product knowledge and share insights with the team.
• Propose process improvements based on experience.
• Contribute to ad-hoc projects across teams.

Skills

Customer service experience

Strong communication skills

Problem-solving mindset

Analytical approach

Organisation skills

Time management

Resilience

Job description

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

We have an exciting opportunity to join OakNorth Bank as a Deposit Operations Analyst!

This is a full-time, permanent, position in Manchester reporting to our Deposit Operations Manager.

We’re looking for an ambitious self-starter and problem solver who is ready to contribute, grow, and build a career with us. Candidates with 1-2 years relevant experience may find this role particularly a good fit, but we welcome candidates from all backgrounds.

The mission of a Deposit Operations Analyst is to support the origination and in-life management of OakNorth savings products, whilst providing dedicated customer support. It’s a role where you’ll be given real responsibility, the chance to learn and develop, and the opportunity to shape your career path in a team that values initiative, ownership and customer delight. This is a fantastic opportunity to join a fast-paced, growing bank with a reputation for doing things differently.

Responsibilities

Support the origination and in-life management of OakNorth savings products

Handle a wide range of deposit tasks to support customers with their accounts such as inbound/outbound customer calls, mail processing, email responses, and system tasks

Deliver excellent customer service in a fast-paced environment, resolving customer incidents or changes at first point of contact, or, escalating when necessary

Proactively develop product knowledge and customer support skills, sharing insights and best practice with colleagues/team

Resolve complex customer account management issues, gathering sufficient information to enable colleagues to support through to resolution

With time, and after building subject matter expertise of all processing and controls within Deposit Operations and related areas, propose process improvements

Contribute to ad-hoc projects and collaborate cross-functionally, ensuring customer feedback is shared effectively across teams

Maintain strong process controls to minimise risk for both the customer and the business

Leverage AI tools to boost productivity and enhance decision-making in the role

Requirements

Experience in providing strong customer service via telephone and email (desired but not essential)A passion for delivering a great service experience and ability to go the extra mile for our customers.

Strong communication skills, both verbally and in writing, confident in handling phone calls with UK-based customers

Positive attitude, approach, and clarity of thought

Energetic, friendly and curious with excellent interpersonal skills

Problem solving mindset critical

Analytical approach to problems

Organisation and time management skills essential

Willingness to learn and develop new skills

Resilience and the ability to work under pressure, and to pressing deadlines / SLAs

Previous experience within customer service role - preferred but not essential

Open to occasional evening hours when and if required

Benefits & Perks

Equity. We want people to have a stake in the business so that all our interests are aligned

25 days holidays

Personalised benefits – opt-in to what matters to you

Subsidised Private Medical Insurance with Bupa

Enhanced maternity and paternity leave

Wellbeing and social events

Support causes that matter to you through volunteering time off

Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)