Senior Associate, Debt Finance – Fund Finance

At OakNorth, we're on a mission to empower the UK's most ambitious businesses. Since 2015, we've lent over $18 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 fuelling the UK economy.

This is an exciting opportunity to join a dynamic, fast-growing bank known for challenging the status quo. We're not looking for just another cog in the wheel — we want bold thinkers and proactive self-starters who are eager to shape their own careers and support the UK's most driven business leaders

This is a unique opportunity for someone who's come through a graduate programme and built around 3 years' experience in credit or lending in a traditional bank — ideally with exposure to complex, lender-led transactions such as fund finance. If you're looking to step up, take on more ownership, and work on deals that genuinely move the needle, this role offers exactly that.

As an Senior Associate in Debt Finance, you'll play a key role in supporting Directors throughout the entire transaction lifecycle — from origination to execution — ensuring every deal is successfully delivered and expertly managed.

Principal Responsibilities:

• Work as part of a team on the execution of Fund Finance deals.
• Support the Debt Finance Team to maintain the CRM including new leads through to closed deals
• Assist in the preparation of deal specific credit memoranda for transaction recommendations to credit committees and other relevant lines of approval; go to external meetings (with senior bankers) and contribute to the discussions
• Assist in building complex dynamic financial models to analyse investment opportunities (reviewing debt structures, relevant debt underwriting parameters and specific assets using financial models and a variety of quantitative analytical tools to test assumptions and sensitivities)
• Undertake fundamental research analysis using a variety of data sources; undertake company and transaction specific analysis and valuations
• Participate in third party meetings where you could potentially contribute to drive the business forward - analysing proposed budgets, capital plans and other investment recommendations
• Work across a multi-disciplinary team to support on closing the funding of deals, including Credit and Transaction Execution

What makes a successful Senior Associate, Debt Finance:

• A Bachelors degree with specialisation in Finance, Accountancy, Economics or equivalent from a top recognised university
• Determined attitude to liaise and work with multiple external teams to complete transactions
• Drive to achieve a common goal (lend money, help businesses, and earn interest / fees)
• Clear thinker with research and analytical abilities; capacity to learn quickly
• Strong interpersonal and communication skills (written as well as verbal)
• Resourceful problem solver with a focus on delivery (ability to multitask is also crucial)
• Ability to thrive in an unstructured environment where you can create your own opportunities

Benefits & Perks

• Equity. We want people to have a stake in the business so that all our interests are aligned.
• 25 days holiday
• Personalized benefits – opt-in to what matters to you
• Subsidised Private Medical Insurance with Bupa
• Enhanced maternity and paternity leave
• Wellbeing and social events
• In-house Barista Bar in London office
• Support causes that matter to you – Volunteering time off
• Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.