Associate/Senior Associate - Lending Operations

OakNorth

Gurugram District

On-site

INR 900,000 - 1,300,000

Full time

4 days ago
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Benefits offered by this job

Medical cover for you & family
Annual health check-ups
Leave & holidays
Tax-efficient allowances
Certifications support
Learning & development
Paid volunteering days
Office in Gurgaon

Job summary

OakNorth in Gurgaon is seeking an IC Lending Operations role to own accurate loan booking and in-life management across Syndicated, Agency, and Bilateral facilities. You will ensure data integrity from day one and work with internal teams to keep the lending book precise.

Candidate will interpret LMA docs in an operational context, manage drawdowns and amendments within SLAs, and contribute to risk control and process improvements in a regulated banking environment.

Qualifications

  • Hands-on experience in loan booking and in-life management across Syndication, Agency, or Bilateral loan structures.
  • Strong ability to interpret LMA and other loan documentation for operational setup.
  • Excellent numeracy and accounting awareness; accuracy under tight deadlines.
  • Experience handling queries and tasks across multiple loan types and customers.

Responsibilities

  • Own accurate and timely loan booking across Syndicated, Agency, and Bilateral facilities, ensuring data integrity from day one.
  • Manage in-life loan activities—drawdowns, repayments, rollovers, amendments—within SLAs with low error rate.
  • Review and interpret LMA and other legal loan documentation for operational setup and flag discrepancies.
  • Manage queries and tasks by loan and customer type, coordinating with internal stakeholders.
  • Identify operational risks or gaps and contribute to process improvements.

Skills

Loan booking
In-life management
LMA documentation
Numeracy
Operational queries

Tools

Loan management systems

Job description

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 TEAM

The Lending Operations team is the backbone of OakNorth's lending business. We own the end-to-end operational lifecycle of loans — from booking through to in-life management — across Syndicated, Agency, and Bilateral facilities. We work closely with Relationship Managers, Credit, and Legal to make sure every loan is set up accurately, managed precisely, and documented correctly. We're a lean team with high individual accountability, and we take quality seriously.

ABOUT THE ROLE

Based in Gurgaon, this is an IC role within the Lending Operations team at ONGPL. You'll own the accurate booking and in-life management of loan facilities across our portfolio, working across Syndication, Agency, and Bilateral structures. Your work directly underpins the integrity of OakNorth's lending book and the experience our borrowers receive.

WHAT YOU'LL DO
  • Own accurate and timely loan booking across Syndicated, Agency, and Bilateral facilities, ensuring data integrity across systems from day one of each transaction.
  • Manage in-life loan activities — including drawdowns, repayments, rollovers, and amendments — within agreed SLAs and with a low error rate.
  • Review and interpret LMA and other legal loan documentation to ensure operational set-up reflects agreed terms, flagging discrepancies proactively.
  • Manage queries and tasks by loan and customer type, acting as a reliable point of contact for internal stakeholders and resolving issues with speed and accuracy.
  • Identify and elevate operational risks or process gaps, contributing to continuous improvement of lending operations workflows.
YOU'LL BE A GREAT FIT IF YOU HAVE...
  • Hands-on experience in loan booking and in-life management across Syndication, Agency, or Bilateral loan structures.
  • Working knowledge of LMA documentation and the ability to interpret legal loan agreements in an operational context.
  • Strong numeracy and accounting awareness, with a track record of accuracy under tight deadlines.
  • Experience managing operational queries and tasks across multiple loan types and customers simultaneously.
Nice to Have
  • Familiarity with loan management systems used in banking operations.
  • Exposure to a regulated banking environment and an understanding of associated compliance obligations.
WHAT WE OFFER
  • Medical cover for you, your family & parents; life and accidental cover at a multiple of your salary.
  • Annual health check-ups, online doctor consultations, pharmacy discounts, nutritionist support, and an Employee Assistance Programme — all sponsored.
  • Earned, casual/sick leave, public holidays, and maternity & paternity leave.
  • Financial support at key life milestones — marriage, childbirth, and bereavement.
  • Tax-efficient flexible allowances for internet, fuel, meals, leave & travel, and NPS.
  • Professional certifications support, learning & development opportunities, childcare benefits, and paid volunteering days.
  • Modern central offices in Gurgaon, weekly business updates, team events, and a culture worth showing up for.
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