OakNorth
Deposit Operations Analyst

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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 Deposit Operations Team supports the day-to-day origination and ongoing management of OakNorth’s retail and business deposit products. Working in a fast-paced, customer-focused environment, the team combines operational accuracy, strong process controls and responsive service to help customers and the bank thrive.
ABOUT THE ROLE
As a Deposit Operations Analyst, you’ll support customers throughout the lifecycle of their retail and business deposit accounts. Reporting to the Continuous Improvement & Deposit Operations Team Lead, you’ll handle operational tasks and customer queries accurately and efficiently, helping us deliver a friendly, timely and dependable service.
WHAT YOU’LL DO
- Support the origination and ongoing management of OakNorth retail and business deposit products.
- Complete account-opening and servicing tasks, including inbound and outbound calls, email responses, mail processing and system actions.
- Prepare reports and statements, respond to account queries and maintain accurate customer and account records.
- Resolve customer queries and account changes wherever possible at first contact; gather clear information and escalate complex issues when needed.
- Build strong product, technical and customer-support knowledge, sharing information and best practice with colleagues.
- Work cross-functionally, communicating useful customer feedback and keeping relevant teams informed of issues and successes.
- Support ad-hoc projects and actively minimise risk to customers and the bank by following process controls.
- Be curious - identify opportunities to improve operational efficiency and implement improvement initiatives.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
YOU’LL BE A GREAT FIT IF YOU HAVE…
- Know how to deliver an exceptional customer experience.
- Clear, confident verbal and written communication skills.
- Excellent organisation and time-management skills, with the ability to prioritise against deadlines and service levels.
- A friendly, energetic and proactive approach, with a genuine passion for delivering a great customer experience.
- Resilience and the ability to remain accurate and helpful when working under pressure.
- A willingness to learn, build new skills and take ownership of your development.
- Curiosity and confidence to use AI to improve quality, efficiency and the customer experience.
- Flexibility to work team shift patterns, with occasional evening or weekend work when required.


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Nice to Have
- An undergraduate degree or equivalent experience.
WHAT WE OFFER
- 25 days’ holiday, plus bank holidays.
- Personalised benefits and subsidised private medical insurance
- Enhanced family leave and access to wellbeing and social events.
- Salary-sacrifice schemes, including cycle to work, nursery, gym and electric car options.
- Paid volunteering time and opportunities to learn, grow and shape your career.
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