The Role
The Senior Executive in the Transactional Execution Team supports the execution of lending transactions, coordinates with various stakeholders, manages documentation, and ensures compliance while aiming to improve efficiency in processes.
Summary Generated by Built In
Since our launch in 2015, we’ve lent over £10bn to ambitious entrepreneurs up and down the UK. That’s led to the creation of over 40,000 new jobs and over 29,000 new homes – and we’re not about to stop there. We’re dedicated to helping trailblazing businesses thrive and our Legal team are the drivers of our growth.
As Senior Executive in the Transactional Execution Team (TET), you will play a pivotal role in supporting the end-to-end execution of lending transactions. The role involves working closely with deal teams, legal counsel, credit, and external stakeholders to ensure timely and accurate deal closing, documentation, and post-sanction execution.
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.
Are you ready to step up to the challenge?
Key Responsibilites:
Transaction Execution
- Support end-to-end execution of lending transactions from sanction to disbursement
- Coordinate with internal stakeholders (Credit, Legal, Risk, Operations) to progress deals efficiently
- Track deal milestones and ensure adherence to timelines
- Support end-to-end execution of lending transactions from sanction to disbursement
- Coordinate with internal stakeholders (Credit, Legal, Risk, Operations) to progress deals efficiently
- Track deal milestones and ensure adherence to timelines
Documentation & Compliance
- Review and manage loan documentation, ensuring alignment with sanction terms
- Liaise with external legal counsel to finalize facility agreements and security documents
- Ensure all conditions precedent (CPs) are satisfied prior to disbursement
- Review and manage loan documentation, ensuring alignment with sanction terms
- Liaise with external legal counsel to finalize facility agreements and security documents
- Ensure all conditions precedent (CPs) are satisfied prior to disbursement
Stakeholder Management
- Act as a key point of contact between internal teams and external stakeholders (borrowers, lawyers, advisors)
- Facilitate smooth communication to resolve execution-related issues
- Act as a key point of contact between internal teams and external stakeholders (borrowers, lawyers, advisors)
- Facilitate smooth communication to resolve execution-related issues
Disbursement & Post-Execution
- Coordinate disbursement processes and ensure accuracy of fund flows
- Coordinate disbursement processes and ensure accuracy of fund flows
- Maintain transaction records and ensure proper documentation filing
- Support ongoing monitoring of covenants and post-disbursement requirements
- Support ongoing monitoring of covenants and post-disbursement requirements
Process Improvement
- Identify opportunities to streamline execution workflows and improve efficiency
- Contribute to building scalable processes and best practices within the team
- Identify opportunities to streamline execution workflows and improve efficiency
- Contribute to building scalable processes and best practices within the team
Required Skills & Experience:
- 2–5 years of experience in banking, financial services, transaction execution, or loan operations
- Strong understanding of lending products (term loans, structured finance, etc.)
- Familiarity with loan documentation and legal processes
- Excellent attention to detail and organizational skills
- Strong communication and stakeholder management abilities
- Ability to manage multiple transactions simultaneously under tight deadlines
Preferred Qualifications:
- Experience in credit operations, loan syndication, or structured finance
- Exposure to working with legal documentation and external counsel
- Professional qualifications (CA, CFA, MBA) are a plus
Key Competencies:
•Execution excellence and ownership mindset
•Problem-solving and analytical thinking
•Strong coordination and multitasking ability
•Problem-solving and analytical thinking
•Strong coordination and multitasking ability
•High attention to detail and accuracy
Why Join OakNorth
•Work with a high-growth, entrepreneurial bank
•Exposure to complex and high-value transactions
•Collaborative and fast-paced environment
•Opportunities for career growth and learning
•Exposure to complex and high-value transactions
•Collaborative and fast-paced environment
•Opportunities for career growth and learning
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/
Skills Required
- 2-5 years of experience in banking, financial services, transaction execution, or loan operations
- Strong understanding of lending products
- Familiarity with loan documentation and legal processes
- Strong communication and stakeholder management abilities
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The Company
What We Do
Launched in 2015, OakNorth helps the UK’s most ambitious businesses access the fast, flexible finance they need to scale, while helping savers make their money go further. With funding ranging from £250,000 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.
