About the role
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 role
OakNorth Personal Savings is a core funding engine for the bank, managing billions in AUM. OakNorth is one of the neobanks in the UK responsible for 46% of new growth in the Industry.
As a Senior Product Manager (IC) in the Personal Savings squad, you’ll own major parts of our direct-to-customer retail savings proposition, work with the partnerships team to develop and distribute our products, shaping the product portfolio across acquisition, onboarding, in-life servicing, and reinvestment.
This is a highly commercial role: you’ll work with some of the strongest commercial minds in the industry and partner closely with Pricing, Finance/Treasury, Engineering, Design, Risk/Compliance, and Operations to build a best-in-class savings experience, balancing customer value, regulatory discipline, operational scalability, and cost-of-funds realities.
This role is ideal for a data-led PM. You will be expected to define the metrics that matter, form hypotheses, run analyses (often self-serve), and use evidence to drive prioritisation and pricing/product trade-offs.
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.
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?
About OakNorth Bank
OakNorth is a technology-driven bank that focuses on providing loans to small and medium-sized enterprises (SMEs) in the UK and internationally.
