Commercial Banking Specialist

1 month ago


Manchester, United Kingdom OakNorth Full time

At OakNorth, we're dedicated to helping trailblazing businesses thrive. As a key member of our Client Onboarding team, you'll play a vital role in our growth and success. We're looking for self-starters and bold thinkers who want to pave their own career paths and support the UK's best and brightest businesspeople.

Job Description

We're seeking an experienced Commercial Banking Specialist to join our Risk Management team. In this exciting opportunity, you'll be responsible for undertaking Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) reviews and risk assessments on both new and existing customers. You'll also manage the AML CDD portion of commercial business loan origination and Business Banking account set up.

You'll operate within our Bank's Risk Management framework and relevant risk and compliance policies and procedures, ensuring timely escalation of any concerns to your line manager. Additionally, you'll carry out routine and ad-hoc administrative tasks to ensure seamless day-to-day operations.

Requirements
  • A minimum of 5 years' experience working in the financial service sector, ideally in commercial lending or banking
  • A working knowledge of unpacking complex corporate structures with connections to non-transparent jurisdictions, including Trusts and funds in overseas jurisdictions (BVI, Channel Islands, Cayman Islands etc)
  • An excellent understanding and experience of AML/KYC, CDD/EDD
  • Advanced Excel skills
  • Experience working with private equity and real estate investment vehicles
  • The ability to understand financial statements
Benefits
  • Estimated salary: £60,000 - £80,000 per annum
  • 25 days holiday
  • Subsidised Private Medical Insurance with Bupa
  • Enhanced maternity and paternity leave
  • Wellbeing and social events
  • Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)


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