Director, Debt Finance

Socket.dev; New York (NY); Hybrid; USD 200,000 - 300,000; Full time

Job summary

OakNorth Bank is seeking an experienced CRE lending professional to originate, structure and underwrite mid-market transactions. You will analyze borrower financials, model cash flows, and determine pricing, covenants, and security packages.

You will present memoranda to credit committees and manage the full lifecycle from origination to closing. You will build relationships with borrowers and intermediaries, identify new opportunities across CRE assets, and monitor portfolio performance with a

Qualifications

• Bachelor's degree in Mathematics, Finance or related quantitative field and 5 years’ CRE/commercial lending experience.
• Experience leading and independently executing lending transactions with limited supervision.
• Origination and execution of commercial lending or CRE transactions.
• Experience managing multiple concurrent lending transactions in a high-volume environment.
• Development of internal processes to support lending operations and transaction execution.
• Financial modelling and credit analysis for debt transactions.
• Preparation and presentation of credit memoranda to approval committees.
• Structuring loan facilities with pricing, covenants, and collateral arrangements.
• Managing transactions through underwriting, approval, documentation, and closing.
• Managing relationships with borrowers, sponsors, and financial intermediaries.

Responsibilities

• Originate, structure, and execute CRE and mid-market lending transactions.
• Conduct detailed financial analysis and credit underwriting, including cash flow projections.
• Structure loan facilities with pricing, covenants, security, and repayment terms.
• Prepare and present credit memoranda to internal credit committees.
• Manage end-to-end transaction lifecycle from origination to portfolio monitoring.
• Develop and maintain relationships with borrowers, sponsors, developers, and intermediaries.
• Identify and evaluate new lending opportunities across CRE asset classes.
• Monitor portfolio performance and refinance opportunities with existing clients.
• Ensure all transactions comply with internal credit policies.
• Collaborate with credit, legal, and analytics teams to structure transactions.

Skills

Financial modelling

Credit underwriting

Lending transactions

Cash flow analysis

Excel modelling

Relationship building

Portfolio monitoring

Negotiation

Risk assessment

Pricing & covenants

Education

Bachelor's degree in Mathematics, Finance or related quantitative field

Tools

Microsoft Excel

Job description

DUTIES:

• Originate, structure, and execute commercial lending transactions, with a primary focus on commercial real estate (CRE) and mid-market corporate borrowers.
• Conduct detailed financial analysis and credit underwriting, including evaluation of borrower financials, cash flow projections, and collateral performance.
• Structure loan facilities, including determination of pricing, covenants, security packages, and repayment terms.
• Prepare and present credit memoranda to internal credit committees to support transaction approvals.
• Manage the end-to-end transaction lifecycle, including origination, structuring, underwriting, approval, documentation, closing, and ongoing portfolio monitoring.
• Develop and maintain relationships with borrowers, sponsors, developers, and financial intermediaries to originate and execute transactions.
• Identify and evaluate new lending opportunities across commercial real estate asset classes.
• Monitor portfolio performance and identify opportunities for additional lending or refinancing with existing clients.
• Ensure all transactions comply with internal credit policies and approved terms.
• Collaborate with internal stakeholders, including credit, legal, and analytics teams, to structure and execute transactions.
• Structure loan facilities, including determination of pricing, covenants, security packages, and repayment terms

REQUIREMENTS:

Bachelor's degree or equivalent in Mathematics, Finance or related quantitative field and 5 years’ experience in commercial real estate (CRE) lending or commercial lending, including structured finance. Experience must include:

• Experience leading and independently executing lending transactions with limited supervision.
• Origination and execution of commercial lending or CRE transactions.
• Experience managing multiple concurrent lending transactions in a high-volume environment.
• Contributed to the development and implementation of internal processes to support lending operations and transaction execution.
• Financial modelling and credit analysis for debt transactions, including analysis of financial statements and cash flow projections.
• Preparation and presentation of credit memoranda to internal or external approval committees.
• Structuring loan facilities, including pricing, covenants, and collateral/security arrangements.
• Managing transactions through full lifecycle, including underwriting, approval, documentation, and closing.
• Managing relationships with borrowers, sponsors, and financial intermediaries in a lending or investment context.
• Financial modelling using Microsoft Excel.
• Credit risk assessment and underwriting methodologies for commercial lending transactions.
• Analysis of commercial real estate assets and corporate borrower financial performance.

Telecommuting may be permitted a few days a week. When not telecommuting, must report to OakNorth's office in NY, NY.

HOURS: Monday through Friday, 9:00 am to 5:00pm.

LOCATION: OakNorth Bank, plc., 445 Park Avenue, 8th Fl, New York, NY 10022

(Telecommuting may be permitted a few days a week. When not telecommuting, must report to

OakNorth's office in NY, NY.)

SALARY: $200,000 - $300,000 per year