About the role

Aplyr's Quick Take

This is a finance internship focused on regulatory reporting and various finance functions at OakNorth Bank. Interns will assist with financial analysis, budgets, month-end close processes, and regulatory filings while gaining hands-on experience in a dynamic environment. It's an entry-level role suitable for self-starters looking to develop their finance skills.

Good fit

Ideal candidates are recent graduates or students from Tier 1 colleges with a background in finance, and those who have cleared CFA or FRM. A proactive attitude and willingness to learn in a fast-paced setting will help interns thrive.

Worth noting

The internship lasts for 9 months and requires in-office work five days a week. The rotation across different finance functions could provide diverse experience, but the requirement for Tier 1 college candidates may limit the applicant pool.

Finance internship is a flagship program giving you 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.

This internship program offers an unparalleled unique opportunity to apply your academic knowledge to gain practical experience in a real-world setting, develop valuable skills, and gain exposure to various aspects of corporate finance.

As a Finance Intern, you will have the chance to work alongside our seasoned financial professionals, gaining hands-on experience in a variety of key areas and contribute to the growth and success of our organization.

You will have a well-rounded exposure to various finance functions and will be assigned to either of the finance functions assisting in financial analysis, budgets, and forecasts, participating in the month-end close process, account reconciliations, supporting preparation of regulatory filings, treasury packs, accounts payable and finance operations and supporting with special projects and ad-hoc tasks. You will also have get an opportunity to be rotated around in different verticals as per requirements.

Candidates from Tier 1 colleges to only apply + CFA/FRM cleared.

Interns are required to work out of office - all 5 days.

The internship opportunity is for 9 months.

Skills & Tags

Aplyr's read

OakNorth Bank is a tech-savvy financial institution focused on lending to SMEs, attracting professionals interested in innovative banking solutions and technology integration.
Synthesized from recent postings & public sources

What's promising

•OakNorth Bank has a strong focus on SME lending, filling a crucial gap in the financial services market.
•The company leverages advanced technology to streamline loan processing, enhancing efficiency and customer experience.
•OakNorth's international expansion offers employees opportunities for global exposure and career growth.

What to watch

•The niche focus on SME lending may limit diversification and expose the bank to sector-specific risks.
•Rapid international expansion could strain resources and impact operational efficiency.
•High reliance on technology requires constant innovation and poses cybersecurity risks.

Why OakNorth Bank

•OakNorth Bank uses a proprietary credit analysis platform, differentiating it from traditional banks.
•The bank's technology-driven approach allows for faster loan approvals compared to conventional banks.
•OakNorth's focus on underserved SME markets provides unique lending opportunities and challenges.

Aplyr’s read is generated by AI from public sources. Was it useful?