OakNorth

Associate, Debt Finance (Real Estate)

OakNorth$70K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years in a relevant financial or real estate role
  • Strong financial modelling and analytical skills
  • Excellent written and verbal communication skills
  • Collaborative mindset for working with all staff levels
  • Proven ability to multitask and solve problems
  • Adaptability to thrive in an unstructured environment
  • Drive to achieve business goals and support lending initiatives

Responsibilities

  • Execute real estate transactions as part of a team
  • Support business development efforts by maintaining a client database
  • Prepare credit memoranda for deal recommendations
  • Engage in discussions during external meetings with senior bankers
  • Build and analyze complex financial models for investment evaluations
  • Conduct fundamental research and valuations on companies and transactions
  • Participate in meetings to assess capital plans and investment recommendations

Benefits

  • 401k with up to 4% matching
  • Flexible medical care options including family coverage
  • Dental and vision benefits included
  • Health Savings Account for tax-advantaged healthcare costs
  • Employee Assistance Program (EAP)
  • 20 days of holiday annually
Full Job Description
ABOUT THE TEAM

OakNorth is looking for a driven and ambitious Associate to join our US Team as we take our lending business across the Atlantic. This is an amazing opportunity to be at the forefront of our US expansion and directly contribute to our growth and success.

ABOUT THE ROLE

As an Associate, you'll work closely with senior leaders in the Debt Finance team, playing a crucial role in dealing with closing points such as liaising with internal and external stakeholders including clients, legal and credit.

You'll gain unparalleled exposure to structuring deals while building your pipeline and network with the goal of progression.

This role offers the unique opportunity to independently manage client relationships, make impactful decisions, and truly own your space within the company. As you grow, so will your influence and responsibility, shaping not just deals, but the future of OakNorth in the US.

WHAT YOU'LL DO
  • Work as part of a team on the execution of real estate transactions
  • Support 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
  • Attend external meetings (with senior bankers) and contribute to the discussion
  • 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

YOU'LL BE A GREAT FIT IF YOU HAVE...
  • At least 4+ years in a similar role
  • Ability to work collaboratively with all levels of staff in a rapidly changing, demanding, but ultimately rewarding environment
  • Drive to achieve a common goal (lend money, help businesses)
  • 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

WHAT WE OFFER
  • 401k plan with Principal (ON match up to 4%)
  • Medical Care (managed through Insperity) - employees can add their family to their plan if needed
  • Dental & Vision bundle
  • Insperity Health Savings Account Program - this is a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year
  • EAP
  • 20 days Holiday
  • Compensation - $70,000 - $150,000 a year

About OakNorth

OakNorth is a UK-based digital bank that provides loans to small and medium-sized businesses. The company was founded in 2015 and is headquartered in London, England. OakNorth uses artificial intelligence and machine learning to analyze credit risk and make lending decisions. The company has raised over $1 billion in funding from investors including SoftBank and Clermont Group.
Learn more about OakNorth
Size
500 employees
Industry
Founded
2015

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