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26/09 Jasjeet Kaur
AM - People Operations at Oaknorth Bank

Views:3029 Applications:150 Rec. Actions:Recruiter Actions:7

OakNorth Bank - Associate Vice President/Deputy Vice President - Legal - LLB (10-18 yrs)

Gurgaon/Gurugram Job Code: 618315

ABOUT OAKNORTH :

- OakNorth is a UK bank focused on providing fast, flexible and accessible debt finance for entrepreneurs and mid-sized growth business.

- OakNorth was the third new retail deposit-taking bank licensed in the UK in 150 years and the first new bank in the UK to achieve profitability within its first year of operations. We launched in September 2015 and have built up a loan book that is rapidly growing and currently stands at c. - 300m.

- With approximately 150 employees, OakNorth Bank typically provides loans of between - 1m to - 20m to its borrowers. Unlike the large incumbent banks, OakNorth gives clients the ability to discuss their deals directly with the Credit Committee. This enables a quick and transparent - credit-decision-to-deal-completion process- which we can execute in weeks rather than the months required by larger institutions. OakNorth also considers multiple collateral types - stock, debtors, plant and machinery, etc. - rather than defaulting to only real estate like other banks.

- On the deposit side, OakNorth offers four fixed term accounts ranging from 12 to 30 months, as well as easy access accounts.

- OakNorth was founded in 2015 by Rishi Khosla and Joel Perlman, two seasoned entrepreneurs who in building Copal Amba, (their previous venture), encountered issues securing growth financing from UK high street banks. Over a period of 12 years, Rishi and Joel built Copal Amba up to 3,000 employees, eventually selling it in 2014 to Moody's Corporation.

- OakNorth Global Private Limited (- ONGPL- ) has been set-up in Gurgaon with a view to facilitate the growth of OakNorth Bank. ONGPL is looking for Senior Lawyer with keen interest to work in real estate/banking domain and experience of financial services, software or internet service industries to add to their expanding team.

Please visit website for more details: www.oaknorth.com, www.oaknorth.in

RESPONSIBILITIES :

- Drafting and negotiating real estate investment, development, holding and corporate credit facilities.

- Drafting and negotiating security documentation for all transactions.

- Managing a number of transactions simultaneously and supervision of junior lawyers and paralegals to advance the condition precedent documentation for all of the bank's transactions.

- Management of all ancillary documentation and mentoring the junior lawyers and paralegals.

- Monitoring and keeping up to date the bank's suite of precedent documentation.

- The candidate should have extensive experience representing clearing banks and alternative lenders on real estate finance and general corporate transactions on both senior and mezzanine structured financing.

DESIRED SKILLS :

- Passionate about delivering excellence in service and quality

- The candidate should have strong ability to (1) review financial statements/accounts of corporate entities and (2) understand, draft and negotiate financial covenants.

- The candidate should have experience of reviewing property / asset management documentation and shareholder / joint venture documentation.

- Strong spoken English skills and good commercial acumen

- Strong interpersonal and communication skills; ability to work effectively across teams

- Adept at performing data compilation and analysis, drafting legal and policy documents

- Ability to independently investigate/analyze information and draw/present conclusions

- Ability to work outside of comfort zone and develop new areas of proficiency

- Excellent attention to detail, project management and organizational ability

KEY ATTRIBUTES :

- Personal drive (proactive), flexible, creative (thinks out of the box), result driven, responsible, curious, team player and fast learner

- Ability to succeed in a culture where change and speed are part of daily work.

ACADEMIC QUALIFICATIONS :

- LLB from a reputed institute with 12+ years of experience

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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