Credit Analyst (Corporate Finance)

Job Title – Credit Analyst/Associate

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 Debt Finance team are the drivers of our growth.

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 the interns will join one of the Bank’s Credit (lending) teams and will analyze financial statements, including key lending and credit risk metrics.

Are you ready to step up to the challenge?

Job Responsibilities:

• Create and maintain detailed KPI based industry level financial forecast models to support credit analysis of borrowers in the industry. Consistently track assigned portfolio of industries.
• Staying close to the global and U.S. macro backdrop and run scenarios/impact analysis on industries based on contemporary themes.
• Closely monitor relevant public companies’ performance by analysing earnings releases, transcripts, annual reports etc.
• Contribute in creating collaterals spanning deep dive industry notes, thematic notes, webinars etc.
• Collaborate with product, engineering and marketing teams as subject matter expert.
• 2-5 year's experience in financial modelling, credit analysis, report writing.

Desired Skills:

• Expertise in financial and credit modelling including forecasting.
• Strong research, financial analysis and note writing skills.
• Ability to conduct industry level research and analysis.
• Solid understanding of global macro with a focus on US.
• Advanced Microsoft Excel skills.
• Basic knowledge of statistics.

About OakNorth

Small and medium-size enterprises (SME) are one of the biggest drivers of growth and innovation in economies all over the world. Despite these companies being a powerful force in the economy, many SMEs find it difficult to raise capital during critical stages of their company growth. Traditional commercial lending is optimised to make loans that are either too small to be effective or too large and expensive to be practical. At OakNorth, our mission is to help lenders fill this gap which we refer to as the “Missing Middle.” We are building a SaaS platform called the Credit Intelligence Suite which transforms commercial lending by helping banks build deeper relationships with their clients, open new, more profitable opportunities, whilst delivering credit decisions up to ten times faster than traditional models, with lower risk and greater efficiency.

Our Investors

OakNorth Holdings (the parent entity of OakNorth Bank plc and ONci) has an equity base of over $1.2bn, our investors include: GIC, SMBC, Toscafund, Coltrane and SoftBank’s Vision Fund – as well as founders of highly successful scale businesses.

Our Customers

In addition to OakNorth’s own bank in the UK, the software is also being deployed by US banks, including: Fifth Third, PNC, M&T Bank, Huntington, and Old National Bank.

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