Intern - Ventures

OakNorth is hiring an Intern - Ventures for a remote role open to applicants in United Kingdom. Level rates it ; you can apply on OakNorth.

Level's read on this job

Level rates this role Little AI ●○○○: aI is not part of the work.
The posting lists this role as remote.
Level classifies it as an internship.
Level lists 26 other open roles at OakNorth.
The role was posted in the last few days.

AI in this role

About the Team

OakNorth’s Ventures team invests in and incubates early-stage companies that complement the bank and its appetite. The team works closely with founders and with OakNorth’s co-founder. The intern supports the team across its investment and venture activity.

Responsibilities

- Investment Due Diligence: Support due diligence on investment opportunities under review by OakNorth, covering the commercial, technical and financial aspects of each company.

- Commercial: market sizing, competitor analysis and assessment of pricing and customer evidence.

- Technical: review of the product, its architecture and the engineering team’s claims, with a clear view of what has been built and what is planned.

- Financial: building and testing financial models where required.

- Deal Support: Support the activities that arise through deal making, including preparation of materials, tracking of actions and follow-up with founders.

- Venture Support: Contribute to the ventures the team incubates, including problem framing, customer research, early prototypes and launch planning.

- Analysis and Problem Solving: Apply a structured, engineering-led approach to business questions, breaking problems down and testing assumptions, and make use of AI tools in research, analysis and writing. The role does not involve production software development, but it does require the ability to read and assess code, system designs and data pipelines.

- Research: Monitor the sectors and technologies relevant to the team’s investment focus and produce concise research notes for the team.

Skills and Experience

- Education: Final-year student or recent graduate with a Bachelor’s or Master’s degree in an engineering, computer science or quantitative discipline, with demonstrable experience of building software.

- Technical Foundation: Ability to read and assess code, system designs and data pipelines, and to form a view on an engineering team’s claims.

- Business Acumen: Demonstrated interest in how businesses operate, compete and grow. Prior experience in investing or finance is desirable but not required.

- Entrepreneurial Exposure: Experience in a startup or early-stage environment, or evidence of having built or launched something independently, such as a project with real users.

- Ownership and Initiative: Able to take responsibility for a piece of work and drive it to completion with limited supervision, seeking guidance where needed.

- AI Literacy: Comfortable using AI tools in day-to-day work, with a working understanding of their capabilities and limitations.

- Communication: Clear and concise written and verbal communication, including the ability to explain technical topics to a non-technical audience.

How we rate this

Intern - Ventures at OakNorth rates 23 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.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ 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.