Director, Debt Finance - Trading Businesses | Leeds, UK

OakNorth; Leeds; On-site; GBP 80,000 - 120,000; Full time

Job summary

OakNorth Bank is looking for a Director of Debt Finance to join its dynamic team. The successful candidate will originate and execute transactions while managing strong client relationships. This role demands a deep understanding of SME lending and requires excellent communication and problem-solving skills, facilitating better borrowing experiences for startups and growing businesses.

Qualifications

• Deep understanding of SME lending within trading businesses.
• Excellent communication and client-facing skills.
• Experience analyzing senior and mezzanine cashflow transactions.

Responsibilities

• Originate, structure, and execute transactions meeting lending requirements.
• Manage and develop existing customer relationships.
• Analyze financial accounts and prepare credit memoranda.

Skills

Credit analysis

Financial modeling

Communication

Problem-solving

Education

Degree in Finance

Degree in Commerce

Job description

Director, Debt Finance - Trading Businesses

Since 2015, we've backed entrepreneurs with over £13bn funding, helping create 56,000+ jobs and 34,000+ new homes across the UK and US. We're committed to helping innovative businesses flourish, with our Debt Finance team at the heart of our growth.

This is an exciting opportunity to join a dynamic, fast-growing bank known for challenging the status quo. We seek bold thinkers and proactive self-starters eager to shape their careers and support the UK's most driven business leaders.

The role of a Director involves independently originating high-quality new deals aligned with OakNorth's mission to support high-quality entrepreneurs and profitable, growing businesses. Full end-to-end ownership, a strong focus on credit discipline, and driving customer satisfaction are essential. Embrace and embody OakNorth's entrepreneurial attitude.

You will:

• Originate, structure, and execute transactions meeting OakNorth's lending requirements
• Manage and develop existing customer relationships, and identify new market opportunities
• Collaborate on corporate finance, real estate, property, and trading business transactions
• Enhance the bank's profile in the external market among SMEs, KBIs, advisors, and private equity firms
• Assess growth opportunities for OakNorth Bank
• Spread financial accounts and models
• Analyze financial accounts, prepare credit memoranda, and manage information flow
• Evaluate financial models, forecast cash flows, and sensitivities to assess debt capacity and repayment ability
• Ensure transactions are documented according to credit approval and sanctions
• Meet targets related to profit, credit quality, new customers, retention, and satisfaction
• Oversee ongoing relationship management and client experience
• Drive product innovation to improve customer experience while maintaining asset quality
• Maintain high levels of customer service
• Achieve team and individual targets set by leadership
• Structure transactions and prepare full credit reports for sanctioning
• Maintain close client relationships and report to Credit in line with policy
• Uphold OakNorth's values consistently

You have:

• Deep understanding of SME lending within trading businesses
• Excellent communication and client-facing skills
• Good knowledge of business processes, strategy, and credit policies
• Strong credit analysis, financial modeling, and credit paper writing skills
• Experience analyzing senior, stretched senior, and mezzanine cashflow transactions
• Legal documentation experience
• Ability to present credit cases to credit committees
• Strong problem-solving skills
• Degree in Finance, Commerce, or equivalent

About Us

OakNorth Bank empowers entrepreneurs to realize ambitions, understand markets, and leverage data to scale quickly. We believe banking should be barrier-free, driven by our entrepreneurial spirit, and focused on unmet financial needs.

Our savings accounts support diversification of the high street, creation of jobs, and offer high interest rates. We also foster an inclusive, diverse workplace where everyone can thrive.

Founded on frustrations with traditional banking, OakNorth was established after our founders faced difficulties securing capital for their data analytics company in 2005. We aim to provide a better borrowing experience for businesses, founded by entrepreneurs, for entrepreneurs.

For more details, visit our Privacy Policy at: https://oaknorth.co.uk/legal/privacy-notice/employees-and-visitors/

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