--- title: 'Associate - Operations Lending at Oaknorth.ai' canonical: 'https://feeny.ai/job/associate-operations-lending-oaknorth-ai-gurugram-p6jnd90x52b1' type: 'job' last_seen: '2026-09-12' --- # Associate - Operations Lending at Oaknorth.ai - **Company:** Oaknorth.ai - **Location:** Gurugram, India - **Employment:** full-time - **Work type:** onsite - **Posted:** 2025-10-15 - **Last confirmed live:** 2026-09-12 - **Apply:** https://jobs.lever.co/oaknorth.ai/3bc69bc7-6387-4b31-a0da-42937cf55075 ## Job description 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. This is 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. In a nutshell, the mission of an Operations Lending Associate in the current role will be performing loan booking operations & in life management activities within the available systems pertaining to Syndication, Agency, Bilateral Loan operations and LMA Docs. Are you ready to step up to the challenge? ## Key Responsibilities - Execute loan booking accurately and in accordance with approved deal terms and documentation. - Manage in-life loan activities, including rate resets, interest and fee calculations, repayments, rollovers, prepayments, and amendment processing. - Review and interpret LMA (Loan Market Association) and other legal loan documents to ensure accurate setup and ongoing maintenance within the loan systems. - Coordinate with internal teams to resolve booking discrepancies, documentation queries, and any other related issues. - Maintain and update loan management systems, ensuring data integrity and timely processing of transactions. - Ensure compliance with internal controls, audit standards, and regulatory requirements throughout all operational processes. - Contribute to process improvement initiatives to enhance operational efficiency and reduce risk. Required Experience & Skills - 2–5 years of hands-on experience in loan operations, lending operations, or middle/back-office functions within a bank or financial institution. - Strong understanding of loan lifecycle management, including disbursements, repayments, interest rate resets, and fee processing. - Experience working with Syndicated, Agency, and Bilateral loans, and familiarity with LMA documentation. - Proficiency in accountancy and financial reconciliations, with a focus on accuracy and data integrity. - Strong analytical and problem-solving skills; ability to identify and mitigate operational risks. - Effective communication and collaboration skills to work with cross-functional teams. - Basic working knowledge of Microsoft tools like Excel - A proactive mindset with a focus on continuous learning and process enhancement. ## About Us We’re OakNorth Bank and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace. Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools. And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market. But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed. Our story OakNorth Bank was built on the foundations of frustrations with old-school banking. In 2005, when our founders tried to get capital for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken. Why was it so difficult for a profitable business with impressive cashflow, retained clients, and clear commercial success to get a loan? The industry was backward-looking and too focused on historic financials, rather than future potential. So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? One that offered a dramatically better borrowing experience for businesses? No more what ifs, OakNorth Bank exists. For more information regarding our Privacy Policy and practices, please visit: https://oaknorth.co.uk/legal/privacy-notice/employees-and-visitors/ ## About Oaknorth.ai ## Company Overview - **One-liner**: OakNorth is a digital bank founded by entrepreneurs that provides bespoke credit, business banking, and savings products to high-growth businesses in the UK and US. - **Entity Type**: Private (privately held; $1B in total funding raised across 9 rounds) - **Headquarters**: London, United Kingdom (57 Broadwick Street, London, England W1F9QS) - **Founded**: 2015 - **Founders**: Rishi Khosla and Joel Perlman ## Core Business - **Primary industries**: Financial Services, Digital Banking, Commercial Lending, Savings - **Target customers**: B2B (SMEs and growth businesses with £1m–£100m turnover) and B2C (savers seeking competitive interest rates) - **Mission**: "We're on a mission to empower ambitious businesses and the communities they serve." OakNorth also describes its purpose as making banking "barrier-free" and delivering support through data-driven tools. ## Products & Services - **Business Finance (Loans)**: Flexible, fast loan facilities ranging from £1 million to tens of millions, designed to fund expansion, acquisitions, and other growth needs. - **Business Banking**: A business current account, savings vault, and associated digital tools for scaling companies. - **Personal Savings**: A range of savings accounts offering competitive interest rates for individual savers. - **OakNorth Credit Intelligence**: A data-driven technology platform offering lenders a 360° forward-looking view for more agile and strategic lending. This is operated through OakNorth's US and India entities. ## Market Standing - **Valuation/Market Cap**: Not disclosed (private company) - **Key Metric**: Total funding: $1B (9 prior funding rounds). Reported 2024 operating income: £214.8m; net income: £159.3m. - **Notable Investors/Partners**: Specific investor names are not listed in the available sources. Key operational partners include its sister company in India (Gurugram, Bengaluru, Hyderabad) and OakNorth Credit Intelligence in the US (New York). - **Growth Signals**: - Headcount: 566 employees (+30.3% YoY, +158 people), distributed across 12 countries. - LinkedIn followers: 55,852 (+43.5% yearly growth). - Lending track record: OakNorth has lent over £15bn (its own career page) and helped create over 61,000 jobs and 36,000+ new homes. Its jobs page reports **conflicting figures**: over $21bn lent, 58,000 homes, and 36,000 jobs created. - Named one of CNBC's World’s Top 250 Fintech Companies in 2024. - Described as "one of the only profitable digital banks" and performing among the top 1% of commercial banks globally. ## Competitive Advantages - **Founder-led**: Built by entrepreneurs who previously scaled and sold a data analytics company (Copal Amba), giving OakNorth an insider’s view of underserved SME lending needs. - **Flat organisational structure**: Faster decision-making, more autonomy, and a willingness to experiment. - **Proprietary technology**: OakNorth Credit Intelligence provides a forward-looking, data-driven credit view that differentiates it from traditional lenders. - **Profitability + growth**: Rare combination of profitability and rapid scaling in the digital banking space. - **Significant lending impact**: Over £15bn lent since inception, supporting job creation and housing development across the UK. ## Strategic Focus - **UK expansion**: Growing team presence across London, Manchester, Leeds, Bristol, Newcastle, and Birmingham. - **Technology investment**: Continuing to build out data-driven credit and banking tools. - **International scaling**: Deepening operations in the US (New York) and India (Gurugram, Bengaluru, Hyderabad) through sister companies and credit intelligence. - **Product growth**: Expanding business lending, business banking, and personal savings offerings to reach more customers. ## Why Work Here - **Autonomy and flat hierarchy**: Employees are encouraged to challenge the norm, share ideas, and take ownership of projects. - **Equity**: Staff have the opportunity to own equity in the business, aligning growth with personal upside. - **Talent density**: A fast-paced environment with talented people at every level, from graduate trainees to senior executives. - **Career development**: Personal goals are set with manager support, with freedom to take on projects aligned to both personal and professional growth. - **Office locations**: UK (London HQ, Manchester, Leeds, Bristol, Newcastle, Birmingham), US (New York), and India (Gurugram, Bengaluru, Hyderabad). A specific remote/hybrid policy is not disclosed in available sources. - **Culture**: Founder-led, data-driven, and mission-driven, focused on economic impact through supporting ambitious businesses. ## Sources 1. [jobs.lever.co](https://jobs.lever.co/oaknorth.ai) 2. [linkedin.com](https://linkedin.com/company/oaknorth-bank) 3. [oaknorth.co.uk](https://oaknorth.co.uk/about/careers/) 4. [oaknorth.co.uk](https://oaknorth.co.uk/about/) 5. [oaknorth.co.uk](https://oaknorth.co.uk/jobs/) ## Other roles at Oaknorth.ai - [Technology Risk Auditor- Manager](https://feeny.ai/job/technology-risk-auditor-manager-oaknorth-ai-gurugram-ek3zdjc47wrb) — Gurugram, India - [Associate/Senior Associate - CDD QC](https://feeny.ai/job/associate-senior-associate-cdd-qc-oaknorth-ai-gurugram-4yfpnz2jnqjn) — Gurugram, India