Associate - Operations Lending

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 a fantastic opportunity to join a fast-paced, growing bank with a reputation for doing things differently. We don't want another cog in the machine, we're looking for self-starters and bold thinkers who want to pave their own career paths.

In a nutshell, the mission of an Operations Lending Associate in the current role will be performing loan booking operations & in life management activities within the available systems pertaining to Syndication, Agency, Bilateral Loan operations and LMA Docs.

Are you ready to step up to the challenge

Key Responsibilities

• Execute loan booking accurately and in accordance with approved deal terms and documentation.
• Manage in-life loan activities, including rate resets, interest and fee calculations, repayments, rollovers, prepayments, and amendment processing.
• Review and interpret LMA (Loan Market Association) and other legal loan documents to ensure accurate setup and ongoing maintenance within the loan systems.
• Coordinate with internal teams to resolve booking discrepancies, documentation queries, and any other related issues.
• Maintain and update loan management systems, ensuring data integrity and timely processing of transactions.
• Ensure compliance with internal controls, audit standards, and regulatory requirements throughout all operational processes.
• Contribute to process improvement initiatives to enhance operational efficiency and reduce risk.

Required Experience & Skills

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. For more information regarding our Privacy Policy and practices, please visit : https : / / oaknorth.co.uk / legal / privacy-notice / employees-and-visitors /

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.

For more information regarding our Privacy Policy and practices, please visit : https : / / oaknorth.co.uk / legal / privacy-notice / employees-and-visitors /

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.

Skills Required

LOAN OPERATIONS, Accountancy