Associate - Transaction Execution / Loan closing

Join OakNorth and help reshape the future of business lending in the US!

At OakNorth, we’re on the hunt for exceptional talent to join our growing US team and help scale our lending business across the country. Since our launch in 2015, we’ve lent more than $18 billion to ambitious entrepreneurs in the UK — and over $1.5 billion in the US since summer 2023. Our lending has helped create 36,000 new jobs and 58,000 new homes — and we’re only just getting started.

If you’re ready to make an impact, challenge the status quo, and be part of a mission-driven team transforming commercial banking, we’d love to hear from you.

We are looking for a Paralegal to join our US Legal & Transaction Management team, supporting the execution and ongoing management of lending transactions. This role will suit someone with prior paralegal or legal assistant experience in banking and finance, who is eager to further develop their skills across a variety of deal types, including commercial real estate (CRE), commercial & industrial (C&I), and structured products such as participations, co-lends and note-on-note financings.

You’ll work alongside senior lawyers and transaction managers, contributing directly to the execution of deals while building strong technical and commercial expertise.

What You’ll Do :
• Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.).
• Review term sheets, credit papers and draft loan documents for alignment of deal terms.
• Coordinate execution processes, including managing e-signature and wet-signing logistics.
• Support due diligence processes, including insurance reviews, lease assessments and zoning report reviews.
• Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers.
• Conduct legal research, summarise findings, and support senior team members on complex matters.
• Use digital tools (including AI-enabled platforms) to streamline document review and transaction management.

What We’re Looking For :
• Prior real estate leveraged or structured finance paralegal or legal support experience in banking and finance law.
• Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings).
• Strong organisational and project management skills, with meticulous attention to detail.
• Good drafting ability and comfort reviewing complex legal and regulatory documents.
• Strong communication skills and ability to work across teams and geographies.
• Proactive, adaptable, and eager to learn, with a strong sense of ownership.
• Proficiency in Microsoft Office; familiarity with digital/AI tools a plus.

At OakNorth, you’ll gain hands-on experience in legal and transaction management at the heart of a growing international bank. This role provides direct involvement in complex, high-value transactions and the opportunity to deepen your expertise across CRE, C&I, and structured finance while working closely with senior legal and banking professionals.
We pride ourselves on empowering our people, encouraging professional growth, and creating an environment where everyone can thrive.

Benefits & Perks
401k plan with Principal (ON match up to 4%)
Medical Care (managed through Insperity) - employees can add their family to their plan if needed
Dental & Vision bundle
Insperity Health Savings Account Program - this is a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year
EAP
20 days Holiday