Credit Analytics

ABOUT US

At OakNorth, we're on a mission to empower the UK's most ambitious businesses. 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 fuelling the UK economy.

ABOUT THE TEAM

The Credit Analytics team sits at the heart of OakNorth's lending business, providing rigorous financial analysis and credit assessment across a diverse portfolio of commercial loan opportunities. We work closely with Debt Directors, Risk, and client-facing teams in the UK to ensure every lending decision is underpinned by deep analytical insight and a thorough understanding of the borrower's operating environment.

ABOUT THE ROLE

We're looking for a Senior Associate to join our Credit Analytics team, taking ownership of detailed loan analysis across sectors and geographies. You'll build financial models, draft concise and well-structured credit reports, conduct sensitivity and stress testing, and engage directly with clients to discuss data and analytical frameworks. This is a high-impact role for someone who combines strong financial acumen with sharp communication skills and a genuine curiosity for business and markets.

WHAT YOU'LL DO

• Conduct detailed analysis of loan opportunities across various sectors and geographies, developing a thorough understanding of each borrower's business and operating environment.

• Draft concise, well-structured credit reports with clear key takeaways for Credit and Risk to review and comment on.

• Build detailed financial models covering transaction details, financial statement analysis, projections, ratio analysis, and credit metrics.

• Conduct sensitivity analysis and stress testing on projections to assess loan serviceability under adverse scenarios.

• Identify deal-specific covenants that can serve as early warning signals for loan monitoring purposes.

• Conduct detailed industry and market studies to understand the operating environment of borrowers.

• Interact with clients to discuss data gaps, inconsistencies, and analytical frameworks; liaise with Debt Directors and other UK stakeholders throughout the credit process.

YOU'LL BE A GREAT FIT IF YOU HAVE…

• 5+ years of relevant experience in credit analysis, financial analysis, or a related role within financial services.

• Strong financial analysis skills with a thorough understanding of accounting and financial concepts, including the ability to build and interrogate detailed financial models.

• Proven ability to draft clear, concise, and well-reasoned credit reports for senior stakeholders.

• Strong communication skills with confidence interacting with Debt Directors, clients, and other stakeholders across geographies.

• A proactive, results-driven mindset — curious, flexible, hands-on, and comfortable operating at pace in an environment where change is part of daily work.

Nice to Have

• MBA, PGDM, CA, or CFA from a reputed institute.

• Experience conducting industry or market studies across multiple sectors.

• Prior exposure to covenant structuring or loan monitoring frameworks.

WHAT WE OFFER

• Health & Protection: Comprehensive medical cover for you, your family, and parents, along with life and accidental insurance cover at a multiple of your salary.

• Wellbeing: Annual health check-ups, online doctor consultations, pharmacy discounts, nutritionist support, and Employee Assistance Program (EAP) services — all sponsored by OakNorth.

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

• Life Milestones: Financial support for important life events such as marriage, childbirth, and bereavement.

• Flexible Benefits: Tax-efficient allowances for internet, fuel, meals, leave travel, and National Pension System (NPS) contributions.

• Growth & Development: Support for professional certifications, learning and development opportunities, childcare benefits, and paid volunteering days.

• Our Workplace: Modern, centrally located offices, weekly business updates, team events, and great coffee. We work hard to build a culture worth showing up for.