OakNorth
Associate Director - Business Banking - Deposits
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About Us
At OakNorth, we do business banking differently. Built by entrepreneurs, for entrepreneurs, we understand what it takes to grow a successful business – and we’re here to help our customers do just that. That’s why thousands of scaling companies across the UK trust us not just as their bank, but as a long-term partner in growth.
We have been an established lender for 10+ years and now want to drive business deposit growth to accelerate our lending efforts. We’re now looking for an Associate Director to help drive growth in our Business Deposit Book. This is a unique opportunity to play a key role in our commercial growth strategy – working directly with founders, CFOs, and finance teams to help provide them a better return on their deposits and build a relationship to support their business.
About The Role
We are looking for an Associate Director to lead growth in our Business Banking Deposits team. This is a commercially focused, high-impact role working directly with scaling businesses to help them get a better return on their deposits – while building lasting relationships that support OakNorth’s broader lending mission.
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What You’ll Do
Deposit Growth
- Originate and convert new deposit opportunities from established and high-growth businesses.
- Utilise your existing network of businesses and introducers and be proactive in finding new opportunities through outbound calls and emails, converting referrals and attending events.
- Share your knowledge of Commercial Banking to identify new areas of the market for OakNorth to target.
- Work cross-functionally with other relevant business departments by communicating valuable customer feedback and helping shape the future strategy of OakNorth Business Banking.
YOU’LL BE A GREAT FIT IF YOU HAVE…
- Experience in Business or Commercial banking, ideally in roles with a deposit focus.
- An established network within high-growth and mid-sized businesses and associated introducers for these customers.
- A proven track record of meeting or exceeding sales KPIs.
Skills And Attributes
- Comfortable in a sales-first environment and confident engaging senior stakeholders, including decision-makers and founders.
- Self-starter with the ability to work independently.
- A start-up mindset: coachable, adaptable, proactive, and energised by a fast-paced, evolving environment.
- Ability to deliver high-quality work under pressure and within deadlines.
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What We Offer
Why Join OakNorth
- Work in the newest and fastest growing business unit in a successful bank.
- Influence the growth and direction of Business Banking through your personal contribution.
- Competitive salary, benefits and opportunities for career growth.
- Strong OTE structure to be rewarded for performance growth.
Benefits & Perks
- 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 in London office
- Support causes that matter to you – volunteering time off
- Salary sacrifice schemes (cycle to work, nursery, gym, electric car scheme)
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