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.
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 incoming resource will work within best-in-class Risk and Compliance teams, supporting the scaling and regulatory adherence of a successful UK Bank and growing to become a knowledgeable and experienced compliance professional.
Are you ready to step up to the challenge?
Job Responsibilities
Junior member of the Bank’s second line Risk and Compliance Teams supporting the day-to-day tasks of the Deputy Head of Compliance and the wider Risk team, including:
Maintaining the Bank’s registers on conflicts of interest and outside business interests, insider lists, and breaches, and carrying out periodic reviews of the same;
Assisting with risk event reviews and breach management;
Helping to maintain the Compliance & Risk Function’s policies and procedures, including the overall Policy Framework;
Keeping on top of the Compliance Calendar and supporting in the timely completion of Compliance tasks;
Supporting the compilation of management information and other information gathering, in issuing monthly and quarterly governance reports for the Bank’s governance committees;
Supporting the delivery of the quarterly Risk Control Self Assessment process;
Logging and filing all requests that come into the Compliance Advisory mailbox; and
Providing further administrative assistance, as required.
Desired Skills
2-4 years compliance experience within financial services
An engaged mind – demonstrates a real keenness to apply themselves. Is present at work and throws everything they can at the role.
Grasps the opportunity – doesn’t rest on their laurels but takes the chance to acquire new skills and put those into practice.
‘Sponges’ knowledge – has a strong appetite to learn and develop, is inquisitive and interested.
Relationship champion – can work with all levels of people, can influence and be engaging.
Puts in the effort – respects the organisation and the team by being super diligent at all times.
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.
