Director, Debt Finance

OakNorth; New York (NY); Hybrid; USD 200,000 - 300,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

OakNorth Bank in New York, NY is seeking a seasoned commercial lending professional to originate, structure, and execute CRE and mid-market transactions. You will manage the full lifecycle from origination to closing, supported by credit, legal, and analytics teams.

The role demands strong financial modelling, deep credit underwriting, and the ability to lead multiple deals with minimal supervision, while building relationships with borrowers and sponsors in a dynamic market.

Qualifications

• Bachelor’s degree in Mathematics, Finance or related field with 5 years CRE lending experience.
• Experience leading and independently executing lending transactions.
• Experience managing multiple concurrent lending transactions in a high-volume environment.
• Financial modelling and credit analysis for debt transactions.

Responsibilities

• Originate, structure, and execute commercial lending transactions, with a primary focus on CRE and mid-market borrowers.
• Conduct detailed financial analysis and credit underwriting, including evaluation of borrower financials, cash flow projections, and collateral performance.
• Structure loan facilities, including pricing, covenants, security packages, and repayment terms.
• Prepare and present credit memoranda to internal committees to support approvals.
• Manage end-to-end transaction lifecycle from origination to ongoing portfolio monitoring.
• Develop and maintain relationships with borrowers, sponsors, developers, and financial intermediaries.

Skills

Financial modelling

Credit underwriting

CRE lending

Excel

Education

Bachelor’s degree in Mathematics, Finance or related 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