OakNorth Analytical Intelligence Private Limited – Credit Analysis

With offices in London, New York, Singapore, Gurgaon, and Berlin, OakNorth’s mission is to enable
small and medium-sized businesses to obtain the debt finance they need to grow. Our fintech
platform (OakNorth Analytical Intelligence), which we developed to address this problem, is being
used by a number of leading banks around the world, and by us in the UK via our own balance sheet
lending.

To date in the UK, the platform has helped us lend over $2.2bn in the past 3 years, with 0 credit
issues. Globally, the platform has been deployed at various banks across North America, Europe, and
Asia with $5bn of assets under management.

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 175 times capital to seed investors.

Since its inception, OakNorth has secured $576m ($455m primary) from several investors, including:
GIC, Coltrane, Clermont Group, NIBC, EDBI of Singapore, Toscafund, and Indiabulls.

OakNorth India is a core contributor to our mission of changing SME lending globally for growth
companies. The team, based out of our offices in Gurgaon and Bangalore, constitute some of the
best credit analysts in India along with a team of engineers and data scientists who integrate into a
global product team - all focused on developing the OakNorth Analytical Intelligence platform which
is revolutionising customised mid-market lending globally. Today, the platform is being used by
banks across Europe, North America and Asia, who have combined balance sheets in excess of
$800bn.

In the UK, the platform has helped us build a profitable loan book of over $2.3bn with no defaults to
date. In terms of the impact this has had on the economy, our loans have directly helped with the
creation of 9,500 new homes and 11,000 new jobs in the UK, as well as adding several billion pounds
to the economy.

Today, the team is made up of 200 people and we plan to scale it to 300 people by Q2 next year with
a particular focus on building out our credit teams.

JOB RESPONSIBILITIES:

• Conducting detailed analysis of loan opportunities across various sectors in different

geographies
• Developing detailed financial model comprising transaction details, financial statement
analysis, projections, credit metrics, amongst others
• Conducting sensitivity analysis on projections – for stress testing on loans for serviceability
• Identifying deal specific covenants which can act as early warning signals while monitoring
loans
• Drafting credit reports with key takeaways on opportunity; report has to be concise, easy to
read format for credit and risk to review and comment
• Detailed industry/market studies to understand operating environment of borrower
 • Monitoring borrower performance on an ongoing basis and producing periodic review
reports, including annual reviews
• Interacting with clients to discuss data gaps, inconsistencies, analytical frameworks etc.
• Leading a team of senior analysts to execute and deliver tasks as per timelines
• Managing and keeping team morale positive in testing times
• Coordinating with product teams to explain credit specific requirements as product features

DESIRED SKILLS

• Strong financial analysis

• Ability to draft financial reports
• Team Management
• Client Communication

KEY ATTRIBUTES

• Personal drive (proactive), flexible, creative (thinks out of the box), result driven,
responsible, curious, team player and fast learner
• Hands on attitude, willing/capable to understand the big picture.
• Ability to succeed in a culture where change and speed are part of daily work.

ACADEMIC QUALIFICATION
MBA/PGDM/CA/CFA from a reputed institute with 10-14 years of relevant experience.