About the role
At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $21bn across the UK and US, helped create more than 58,000 new homes and 36,000 jobs, and supported hundreds of thousands of personal savers — all while operating in one of the most highly regulated environments in financial services.
Our products sit at the intersection of innovation, customer outcomes, and regulatory scrutiny. Getting that balance right is non-negotiable.
We are looking for a Director, Growth & Distribution to own and scale customer acquisition and deposit distribution for OakNorth’s Personal Savings business.
This is a senior commercial leadership role with end-to-end accountability for:
- Growing direct customer acquisition beyond rate-tables
- Building and scaling introducer, affiliate and strategic brand partnerships
- Expanding OakNorth’s third-party distribution footprint as an underlying deposit-taking partner
- Leading and developing growth marketing and partnerships teams
- Working cross-functionally to ensure growth is capital-efficient, compliant and aligned with treasury needs
You will report directly to the Chief Product Officer and will operate as a peer to Product and Engineering Directors, Operations Directors, and as a close partner to Finance and Treasury.
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.
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