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, as a key member of Operational Risk within the best-in-class Risk and Compliance team, you will provide independent, objective challenge and oversight of operational risk to support the scaling of a successful UK bank.
Are you ready to step up to the challenge?
Job Responsibilities
Execute independent second line control testing, identifying control weaknesses and providing actionable recommendations for remediation.
Partner with the first line to enhance their control monitoring within business assurance testing.
Support the development of the automation of critical control testing
Working closely with teams across Risk & Compliance, support the delivery of the combined Assurance Monitoring Plan.
Support the execution of the Risk and Control Self Assessment (RCSA).
Support the embedding of the Governance Risk and Control (GRC) tool in risk processes.
Manage operational events and issues.
Support committee reporting.
Support the Operational Resilience programme.
Required Experience
10-15 years of experience
Experience of control testing, and developing automated control testing
Energy, pace, and strong work ethic.
Relationship champion – can work with all levels of people, can influence and be engaging.
Strong written and verbal communication skills
Analytical skills, able to analyse complex issues in a methodical and structured way with appropriate attention to detail.
Proactive investigation and problem-solving skills
In-depth knowledge of operational risk management risks and controls, and the regulatory framework applicable to this area
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.
