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Director, Debt FinanceOakNorth · New York
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OakNorth

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Director, Debt Finance

🗓️ Posted 2026-09-11 New York Fulltime Hybrid Banking Financial Services
💰 Salary 16,667 GBP–25,000 GBP/mo (200,000 GBP–300,000 GBP/yr) 📊 Market 12,500 GBP–20,833 GBP/mo

About the Company

We're enabling intrepid entrepreneurs and connecting savvy savers with the tools and tech to fast-track their future. The digital bank for entrepreneurs, by entrepreneurs. We provide bespoke credit and banking services to businesses with 1m- 100m turnover across the UK and US. With funding ranging from 1m to tens of millions, we have lent billions to businesses across a whole range of sectors, performing among the top 1% of commercial banks globally. To date, OakNorth financing has helped create tens of thousands of new jobs and affordable homes. Financial Services Specialties: Lending solutions for small businesses, Business savings, fintech, Business finance, Lending, Property finance, Savings accounts, Neobank

Responsibilities

  • ● 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
  • ● 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:
  • ● supervision.
  • ● Origination and execution of commercial lending or CRE transactions.
  • ● 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
  • ● 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.