Associate Director, Credit - CRE

OakNorth • New York, NY

5d • Onsite

About The Position

OakNorth is seeking an Associate Credit Director, CRE to join their US Lending business. This role is responsible for assessing and structuring commercial real estate transactions, typically up to $30 million, across various asset classes and risk profiles. The Associate Credit Director will work closely with Debt Finance, Credit Analytics, and the Transaction and Execution Team to drive credit risk decisions from initial review through committee approval and closing. This is an in-office position.

Requirements

• Up to 7 years of commercial real estate credit experience ideally gained at a bank or regulated lending institution, with direct deal experience across a mix of asset classes.
• A track record of leading CRE transactions independently — not just in a support capacity — including development and value-add deals up to and around the $30m range.
• The ability to produce concise, decision-focused credit memoranda — clear on the thesis, honest on the risks, and usable by both committee and colleagues.

Nice To Haves

• Familiarity with US CRE regulatory expectations within a banking environment.

Responsibilities

• Lead credit risk assessment on CRE transactions across a mix of asset classes — including construction, bridge, value-add and stabilized lending — producing well-reasoned recommendations that are ready for senior committee presentation.
• Drive transaction structuring to appropriately reflect identified risks, shaping the covenant package, reserve mechanics and security — and working with the Transaction and Execution Team to ensure those protections are reflected in final documentation.

Benefits

• 401k plan with Principal (OakNorth 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 Programme — 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
• Employee Assistance Programme (EAP)
• 20 days Holiday

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed