Level

OakNorth

SVP - Business Assurance

OakNorth is hiring an SVP - Business Assurance for a remote role open to applicants in India. Level rates it ; you can apply on OakNorth.

Level's read on this job

  • Little AI ●○○○ is how Level rates this role: aI is not part of the work.
  • The posting lists this role as remote.
  • Tools and skills the posting cites include Data Analytics, risk management and compliance.
  • Level classifies it as a senior role.
  • Level lists 24 other open roles at OakNorth.

AI in this role

Lead and execute business assurance reviews across financial crime, compliance, and operations at OakNorth.

data-analytics
risk-managementcompliancefinancial-crimeteam-leadershipassurance

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
The Assurance Centre of Excellence (CoE) delivers high-quality assurance across OakNorth’s key risk domains, including Financial Crime, Finance, Credit, Operations, Technology and Regulatory Reporting. The CoE is a lean, technically rigorous team that partners closely with Risk, Compliance and business functions to provide risk-based assurance and actionable insights.

ABOUT THE ROLE
The SVP, Business Assurance is a critical role: you will both lead the delivery of the assurance plan across Financial Crime, Operations, Conduct & Compliance and personally execute assurance engagements. Reporting to the Assurance COE Lead, you will define the scope and direction of assurance coverage, manage a team, and hold the bar for quality and timeliness across all engagements.

WHAT YOU'LL DO

  • Own and shape the assurance strategy and annual plan across Financial Crime, Conduct, Compliance and Operations, ensuring coverage remains aligned to OakNorth’s key risks, regulatory priorities and growth plans across the UK and US.

  • Personally lead and execute complex and high-risk reviews end-to-end, from scoping and fieldwork through to senior stakeholder challenge, reporting and remediation, while ensuring consistently high standards across the wider portfolio.

  • Stay ahead of emerging regulatory and business risks, particularly across financial crime, conduct and compliance, and translate changes in the UK and US regulatory landscape into appropriate assurance coverage.

  • Build and embed continuous monitoring across key controls and risk indicators, using data and analytics to identify emerging issues, control deterioration and areas requiring deeper assurance attention.

  • Act as a senior assurance partner and constructive challenger to Risk, Compliance and Operations leadership, bringing together themes from individual reviews to provide insight on broader control weaknesses, root causes and areas requiring management attention.

  • Lead and develop the team, providing technical direction, reviewing critical judgements and work products, and building capability across Financial Crime, Compliance and Operations assurance.

  • Drive innovation in assurance delivery, using AI, automation and data analytics to increase coverage, improve risk identification and make assurance more efficient and forward-looking.

YOU'LL BE A GREAT FIT IF YOU HAVE…

  • 15+ years of relevant experience in Internal Audit, Risk or Compliance within regulated financial services, with significant experience across Financial Crime, Operations, Conduct and Compliance.

  • Chartered Accountant (CA) qualification, together with a relevant Financial Crime / Compliance qualification such as ACAMS or ICA (International Compliance Association, UK) — both are essential for this role.

  • Strong technical knowledge across multiple risk and regulatory domains, with the breadth and judgement to assess complex issues, identify emerging risks and independently determine appropriate assurance coverage.

  • A strong track record of personally leading and delivering complex, multi-domain reviews end-to-end, while exercising judgement over significant findings, root causes, ratings and remediation.

  • Good understanding of the UK regulatory environment, with experience interpreting regulatory requirements and translating them into practical risk and control assessments. Exposure to US regulatory requirements, particularly BSA/AML, sanctions and financial crime, would be advantageous.

  • Experience using data and continuous monitoring to provide insight into control effectiveness, emerging risks and areas requiring deeper assurance attention.

  • Experience leading, coaching and developing assurance professionals, providing technical direction while maintaining high standards of quality and independent judgement.

  • The credibility and communication skills to engage and constructively challenge senior stakeholders, including Risk, Compliance and Operations leadership, and communicate complex issues clearly and proportionately.

  • Experinced in AI, automation and data analytics, with an understanding of how these can be used to improve assurance coverage, risk identification and efficiency.

Nice to Have

· Experience building control monitoring frameworks or dashboards

· Exposure to cross-jurisdictional regulatory requirements (UK or US)

· Additional qualification (e.g. CIA or equivalent)

WHAT WE OFFER

  • Health & Protection: Medical cover for you, your family & parents; life and accidental cover at a multiple of your salary

  • Wellbeing: Annual health check-ups, online doctor consultations, pharmacy discounts, nutritionist support, and an Employee Assistance Programme — all sponsored

  • Time Off: Earned, casual/sick leave, public holidays, maternity & paternity leave

  • Life Milestones: A financial gesture of support at marriage, childbirth, and bereavement

  • Flexible Benefits: Tax-efficient allowances for internet, fuel, meals, leave & travel, and NPS

  • Growth: Professional certification support, learning & development opportunities, childcare benefits, and paid volunteering days

  • Our Workplace: Modern central offices, weekly business updates, team events, and great coffee — we work hard to build a culture worth showing up for

How we rate this

SVP - Business Assurance at OakNorth rates 10 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

Risk ManagementComplianceFinancial CrimeTeam LeadershipAssuranceData Analytics

Questions you could be asked

  1. Tell me about a project where risk management was part of your work. What did you do?
  2. Tell me about a project where compliance was part of your work. What did you do?
  3. Tell me about a project where financial crime was part of your work. What did you do?
  4. Tell me about a project where team leadership was part of your work. What did you do?
  5. Tell me about a project where assurance was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Risk Management, Compliance, Financial Crime, Team Leadership, and Assurance. 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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