Level

OakNorth

Director | Debt Finance | Real Estate

OakNorth is hiring a Director | Debt Finance | Real Estate for a remote role open to applicants in United Kingdom. Level rates it ; you can apply on OakNorth.

Level's read on this job

  • On Level's scale, this finance role is Little AI ●○○○: aI is not part of the work.
  • This is listed as a remote role.
  • The posting mentions Excel, Financial Modeling and credit analysis among its tools and skills.
  • Level classes it as a senior role.
  • OakNorth has 24 other open roles on Level.

AI in this role

Lead the origination, structuring, and execution of real estate finance transactions and manage client portfolios.

excelfinancial-modeling
credit-analysisunderwritingreal-estate-financedeal-structuringrelationship-management

ABOUT US

At OakNorth, we're on a mission to empower ambitious businesses and the communities they serve. Since 2015, we've lent over $21 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 driving economic growth in the markets we serve.

ABOUT THE TEAM

Our Real Estate Finance team sits at the heart of OakNorth's lending business, backing the UK's most ambitious property entrepreneurs and developers. The team originates and executes high-quality real estate transactions end-to-end — from senior debt to stretched senior and mezzanine structures — across a wide range of asset classes. We work closely, move quickly, and hold ourselves to a high standard on both credit quality and client experience.

ABOUT THE ROLE

As a Real Estate Director, you will be at the forefront of OakNorth's mission to back the UK's most ambitious entrepreneurs and growing businesses. You will originate, structure, and own high-quality deals end-to-end — from first conversation to successful close — with a sharp focus on credit excellence and delivering a standout client experience. Working closely with senior leadership, you will have the autonomy to shape your own portfolio and take an entrepreneurial approach to every opportunity.

WHAT YOU'LL DO

  • Originate, structure, and execute real estate transactions that meet OakNorth's lending requirements, including senior, stretched senior, and mezzanine facilities

  • Manage and develop existing customer relationships while identifying new opportunities across SMEs, KBIs, advisors, and private equity firms

  • Analyse financial accounts, spread financial models, and prepare high-quality credit memorandums — including forecasted cash flows and sensitivity analysis to assess debt capacity and repayment

  • Present credit cases to sanctioning authority, ensure transactions are documented in accordance with credit-approved terms, and maintain close customer relationships with timely reporting to Credit

  • Meet team and individual targets (profit, credit quality, new customers, retention, and customer satisfaction) while driving innovation in the product proposition to improve client experience

YOU'LL BE A GREAT FIT IF YOU HAVE…

  • In-depth understanding of the London real estate market and a strong, active network across relevant counterparties

  • Strong credit, financial analysis, and modelling skills — including the ability to write structured, high-quality credit papers and present cases to a credit committee

  • Experience originating, structuring, and executing senior, stretched senior, and mezzanine real estate transactions, with strong legal documentation skills and a degree in Finance, Commerce, or equivalent

Nice to Have

  • Experience working within a bank or regulated lending environment, with exposure to credit policy and governance frameworks

  • Existing relationships with private equity sponsors, property advisors, or intermediaries active in the UK real estate market

WHAT WE OFFER

  • 25 days holiday

  • Personalised benefits — opt-in to what matters to you

  • Subsidised Private Medical Insurance with Bupa

  • Enhanced maternity and paternity leave

  • Wellbeing and social events

  • In-house Barista Bar — London office

  • Volunteering time off — support causes that matter to you

  • Salary sacrifice schemes — cycle to work, nursery, gym, electric car scheme

How we rate this

Director | Debt Finance | Real Estate at OakNorth rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Credit AnalysisUnderwritingReal Estate FinanceDeal StructuringRelationship ManagementExcelFinancial Modeling

Also common in finance jobs at this level

Pay

Typical finance job
$107k

This posting doesn't list pay. Use the typical finance figure when pay comes up. See finance jobs

Questions you could be asked

  1. Tell me about a project where credit analysis was part of your work. What did you do?
  2. Tell me about a project where underwriting was part of your work. What did you do?
  3. Tell me about a project where real estate finance was part of your work. What did you do?
  4. Tell me about a project where deal structuring was part of your work. What did you do?
  5. Tell me about a project where relationship management was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Credit Analysis, Underwriting, Real Estate Finance, Deal Structuring, and Relationship Management. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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