With offices in London, New York, Manchester, Istanbul, Gurgaon, Bengaluru, Shanghai, Singapore and Hong Kong, OakNorth is the next-generation credit platform that’s redefining lending to small and medium-sized businesses globally.
OakNorth was set up in 2015 by Rishi Khosla and Joel Perlman, who previously co-founded Copal Amba and grew it to 3,000 employees over 12 years, before selling it to Moody’s (NYSE: MCO) in 2014, returning 125 times capital to seed investors.
Since its inception, OakNorth has secured over $1bn from several investors, including: Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank’s Vision Fund.
In the UK, the platform has helped us build a profitable loan book (via OakNorth Bank) of over £4bn and secure over £600m of repayments. In terms of the impact this has had on the economy, OakNorth Bank’s loans have directly helped with the creation of 10,000 new homes and 13,000 new jobs in the UK, as well as adding several billion pounds to the economy. Globally, the platform has been deployed at various banks across North America, Europe, and Asia.
Today, the global team is made up of almost 730 people.
OakNorth has an Engineering team in London which has built out the first version of our Credit analysis platform. As we go live with more customers, security is more and more important so we are setting up a dedicated SecOps team
We're looking for strong Application Security Engineers to join the team and ensure our platform is secure as it evolves.