Associate Director, Debt Finance Leeds, England
OakNorth Bank
Full Time
Leeds, England
26000 - 30590 GBP ANNUAL Today
Job description
The mission of an Associate Director is to build a strong network for the bank across Yorkshire, the Humber & the North-East, run originated deals all the way through to committee independently whilst having a strong sense of customer service. Learn from the Directors and continue to support others whilst keeping in mind team goals, not only individual targets.
Principal Responsibilities:
- Work as part of a team on the execution of corporate finance / real estate / property / trading business transactions
- Assist the Debt Finance team in finding new clients and keeping an updated prospective client database
- 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)
- Access to a solid client base and ability to expand on existing client base to originate new deals
- 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
- Other relevant duties and projects as assigned
Attributes:
- A Bachelors degree with specialisation in Finance, Accountancy, Economics or equivalent from a top recognised university
- Minimum 3-4 years or equivalent of active front-office deal origination, execution and completion experience, preferably in debt capital markets in Leeds / Yorkshire & the Humber and / or the North-East plus a minimum 6-7 years or equivalent of active finance, accountancy, taxation, deal structuring experience
- Front-office ability to assist in pitching for deals, interacting with prospective clients and negotiating terms of engagement
- Ability to work cooperatively with all levels of staff in a rapidly changing, demanding, but ultimately rewarding environment
- Ability to complete and structure transactions within limited time frames to meet client requirements/deadlines
- 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
- Possess excellent financial modelling, quantitative and analytical skills
- 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
- Personalised benefits – opt-in to what matters to you
- Enhanced family leave
- Paid volunteering days off
- Wellbeing and social events
About Us
We’re OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.
Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools.
And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market.
But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.
Our story
OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken.
Why was it so difficult for a profitable business with impressive cashflow, retained clients, and clear commercial success to get a loan?
The industry was backward-looking and too focused on historic financials, rather than future potential.
So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses?
No more what ifs, OakNorth Bank exists.
