---
title: 'SVP - Technology Assurance at OakNorth'
canonical: 'https://feeny.ai/job/svp-technology-assurance-oaknorth-gurugram-wcns0ae2gyfw'
type: 'job'
last_seen: '2026-10-15'
---

# SVP - Technology Assurance at OakNorth

- **Company:** OakNorth
- **Location:** Gurugram, India
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-10-05
- **Last confirmed live:** 2026-10-15
- **Apply:** https://jobs.ashbyhq.com/oaknorth/91bf5a66-89d7-4f1c-be71-916b617db7dd

## Job description

## ABOUT US

At OakNorth, we're on a mission to empower ambitious businesses and the communities they serve. 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 driving economic growth in the markets we serve.

## ABOUT THE TEAM

The Assurance Centre of Excellence (CoE) delivers high-quality assurance across OakNorth’s key risk domains, including Financial Crime, Finance, Credit, Operations, Technology and Regulatory Reporting. The CoE is a lean, technically rigorous team that partners closely with Risk, Compliance and business functions to provide risk-based assurance and actionable insights. Within the CoE, the Technology Assurance team delivers risk-based assurance across OakNorth’s technology landscape, including core banking infrastructure, digital products, data platforms, cloud, cybersecurity and technology resilience.

## ABOUT THE ROLE

The SVP, Technology Assurance is a critical role: you will both lead the delivery of the technology assurance plan and personally execute assurance engagements. Reporting to the Assurance COE Lead, you will define the scope and direction of technology assurance coverage, manage a team, and hold the bar for quality and timeliness across all engagements. This role is central to OakNorth's ability to maintain a well-controlled, trusted technology environment as the business scales.

## WHAT YOU'LL DO

- Own the strategic direction and forward-looking plan for Technology Assurance, translating OakNorth’s technology strategy, risk profile, regulatory obligations and growth plans into risk-based coverage across cyber security, cloud, engineering, resilience, data, AI and technology change.
- Personally lead and execute complex and high-risk technology reviews end-to-end, from scoping and technical assessment through to stakeholder challenge, reporting and remediation, applying strong judgement to significant technology risks and control issues.
- Develop and drive the assurance approach for cloud and modern technology architecture, including cloud security and governance, identity and access, infrastructure resilience, DevSecOps, configuration management, data protection and third-party/cloud concentration risks.
- Build Technology Assurance capability for OakNorth’s US operations and expansion, ensuring appropriate coverage of applicable US technology and cyber requirements, including the New York Department of Financial Services Cybersecurity Regulation (23 NYCRR Part 500), and incorporating evolving regulatory expectations into the assurance plan.
- Shape the Assurance approach to AI and emerging technology risk, including generative and agentic AI, with particular focus on governance, autonomous actions and decision-making, human oversight, access and permissions, data security, third-party/model dependencies and ongoing monitoring.
- Act as a senior assurance partner and constructive challenger to the CTO, Engineering and Technology leadership, identifying cross-cutting and systemic technology risks and providing insight on emerging themes, root causes, major transformation initiatives and the scalability of the technology control environment.
- Drive a continuous assurance approach across Technology, integrating risk insights, automated control testing and monitoring to provide timely visibility of emerging risks.
- Provide technical leadership and build capability across the wider Assurance team, coaching colleagues, sharing specialist knowledge and raising the quality and consistency of technology risk assessment across both technology and business reviews.
- Drive innovation in how Assurance is delivered, leveraging AI, automation and advanced analytics — including agentic approaches where appropriate — to increase coverage, strengthen risk identification and improve the efficiency and quality of assurance delivery.

YOU'LL BE A GREAT FIT IF YOU HAVE…

- 15+ years of Technology Audit/Assurance experience within regulated financial services, with a track record of leading complex reviews and shaping risk-based assurance plans.
- Deep expertise across technology risks, including cybersecurity, infrastructure, IAM, data, resilience, DevSecOps and technology change, with the ability to independently challenge complex environments.
- Strong experience in cloud assurance, including modern cloud architectures, security and governance, third-party dependencies and risks arising from increasing cloud adoption.
- Experience with US technology and cyber regulatory requirements, ideally including NYDFS Cybersecurity Regulation (23 NYCRR Part 500), and translating regulatory expectations into practical assurance.
- Proven leadership and stakeholder management, including building Technology Assurance capability and constructively challenging CTO-level and senior Engineering leaders; relevant certification such as CISA, CISSP, CIA or equivalent.

## Nice to Have

- Exposure to second line risk frameworks (e.g. RCSA, control testing) in addition to third line reviews
- Experience in a high-growth or scale-up bank environment

## WHAT WE OFFER

- Health & Protection: Medical cover for you, your family & parents; life and accidental cover at a multiple of your salary
- Wellbeing: Annual health check-ups, online doctor consultations, pharmacy discounts, nutritionist support, and an Employee Assistance Programme — all sponsored
- Time Off: Earned, casual/sick leave, public holidays, maternity & paternity leave
- Life Milestones: Financial gesture of support at marriage, childbirth, and bereavement
- Flexible Benefits: Tax-efficient allowances for internet, fuel, meals, leave & travel, and NPS
- Growth: Professional certifications support, learning and development opportunities, childcare benefits, and paid volunteering days
- Our Workplace: Modern central offices, weekly business updates, team events, and great coffee — we work hard to build a culture worth showing up for

## About OakNorth

## Company Overview
- **One-liner**: OakNorth is a UK-based digital bank founded by entrepreneurs, providing fast, flexible business loans and competitive savings accounts to support ambitious businesses and savers.
- **Entity Type**: Private (fully-licensed digital bank, profitable; not publicly listed)
- **Headquarters**: London, United Kingdom
- **Founded**: 2015
- **Founders**: Rishi Khosla and Joel Perlman

## Core Business
- **Primary industry**: Digital banking, commercial lending, retail savings
- **Target customers**: Lower mid-market businesses (entrepreneur-led, scaling fast) seeking debt financing from £1m to tens of millions; retail savers in the UK.
- **Mission**: “Banking should be barrier-free” – inspired by the founders’ own frustrations with traditional lending, OakNorth aims to back proven businesses with fast, data-driven credit decisions.

## Products & Services
- **Business Loans**: Flexible, structured debt financing from £1m to tens of millions for growth capital, acquisitions, management buyouts, and property development/investment.
- **Business Banking**: Digital account with dedicated support, seamless payments and cash management for scaling businesses.
- **Personal Savings**: FSCS-protected savings accounts (up to £120,000) with competitive interest rates, offered via a digital platform.
- **OakNorth Credit Intelligence (OCI)**: Data-driven technology platform that gives lenders a forward-looking view for agile credit decisions (used internally and sold to other institutions).

## Market Standing
- **Valuation**: Not publicly disclosed (private company)
- **Key Metric**: Cumulative lending of over £15.1bn since inception (2025). Annual profit of £165.2m in 2025. Total capital ratio of 18.4%.
- **Notable Investors/Partners**: Founded and led by Rishi Khosla & Joel Perlman; backed by a range of institutional investors (details not fully public). Over 400,000 retail savers provide deposit funding. Partnered with LSE Generate for mentorship.
- **Growth Signals**: Named **Best Bank in the UK** at The Banker’s Bank of the Year Awards 2025. Recognised by CNBC/Statista as one of the UK’s Top 250 Fintechs. Expanded lending into the US in 2023. Built a diversified business including Business Banking capability. 61,000+ jobs and 36,000+ new homes created through lending. Offices in London, Manchester, Leeds, Bristol, Newcastle, Birmingham, New York (OCI), and India (Gurugram, Bengaluru, Hyderabad).

## Competitive Advantages
- **Data-driven credit underwriting**: Uses proprietary analytics (OCI) to assess future potential, not just past financials, enabling faster, more accurate lending decisions.
- **Founder-led, flat organisational structure**: Decision-making is fast, with less bureaucracy than traditional banks.
- **Disciplined profitability**: One of the few digital banks globally to be consistently profitable, with extremely low credit losses (4.5 basis points of cumulative facilities).
- **Customer obsession**: High NPS and a culture of “customer delight” rather than mere satisfaction.

## Strategic Focus
- **US expansion**: Scaling lending in the US lower mid-market where a similar structural gap exists.
- **Business Banking rollout**: Building a full business banking capability beyond loans to deepen customer relationships.
- **Technology and data**: Continuing to invest in the OakNorth Credit Intelligence platform and automation.
- **ESG and community**: Net zero target by 2045; 1+1% initiative (1% of profits and 1% of employee time to charity).
- **Talent and culture**: Expanding teams across UK, US, and India while maintaining a founder-led, high-autonomy culture.

## Why Work Here
- **Equity**: Employees receive equity in the business, sharing in growth.
- **Flat structure**: Opportunity to interact with senior leaders and have real impact regardless of tenure.
- **Autonomy**: Personal goal-setting with manager support; freedom to take on projects of interest.
- **Mission-driven**: Directly contribute to creating jobs, homes, and supporting ambitious entrepreneurs.
- **Culture**: Values include “Say it how it is” (honest communication), “10x” (set ambitious goals), “One team”, and “Momentum”.
- **Hybrid/Office**: Multiple office locations across UK (London, Manchester, Leeds, Bristol, Newcastle, Birmingham) plus New York and India. Specific remote policies not detailed but likely hybrid for most roles.
- **Recognition**: Work for a bank that has won “Best Bank in the UK” and is seen as a top fintech employer.

## Sources
1. [OakNorth.co.uk – Home](https://oaknorth.co.uk/)
2. [OakNorth.co.uk – About/Our Story](https://oaknorth.co.uk/about/)
3. [OakNorth.co.uk – Careers](https://oaknorth.co.uk/about/careers/)
4. [OakNorth.co.uk – Annual Report 2025 (PDF)](https://oaknorth.co.uk/wp-content/uploads/2026/03/Annual_Report_2025.pdf)
5. [OakNorth.co.uk – Jobs](https://oaknorth.co.uk/jobs/)

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