Growth Finance is our UK-wide venture debt proposition, providing senior debt and transactional banking facilities to innovative, high-growth businesses.

This Associate Director role sits within our origination team in London, where you’ll play a key role in the origination and execution of new venture debt lending opportunities. Working closely with Senior Directors alongside other internal and external stakeholders, you’ll support the end-to-end deal lifecycle—from early-stage opportunity assessment and financial analysis through to credit application preparation, structuring, documentation and completion. You’ll combine strong analytical and modelling capabilities with relationship-building skills to deliver high-quality credit submissions, manage transaction workflows, and help grow the team’s network and pipeline of new business.

This role within our Growth Finance team is focused on deal origination and is a specialist lending role under Strategic Finance. The successful candidate will be required to provide support to a team of Senior Directors to screen new lending opportunities, decide which opportunities are the right opportunities to progress and then support throughout the transaction process through credit report writing, financial analysis and modelling.

We are a well-established and respected participant in the UK venture debt market, with a strong and proven track record of supporting high-growth businesses that are fast-scaling, innovation-led and technology-enabled and our non-dilutive capital plays a critical role in enabling growth. We work closely with management teams, investors and wider stakeholders to help businesses navigate key inflection points, extend their cash runway and maximise long-term value while protecting founder and investor equity.

We are happy to consider flexible working approaches to help you perform at your best.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job, you'll spend at least two days per week, or if part-time, you'll spend 40% of your working time, based at our London office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

Virgin Money is now part of Nationwide

Nationwide acquired Virgin Money in October 2024. Virgin Money continues to serve customers on the high street, and there will be a phased and considered integration over the coming years.

You’ll be employed by Nationwide from day one, delivering real impact and benefitting from a highly competitive range of benefits. We’re a workplace where you’re rewarded, recognised and celebrated.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

You’ll spend your day working as part of a deal team to review and assess new lending opportunities, looking at company information and financial data to decide which transactions are worth progressing. You’ll build detailed financial models and prepare clear credit papers that set out the risks and structure of each deal, while working closely with a Senior Director, colleagues across risk, legal and other internal teams.

You’ll speak regularly with prospect companies, private equity and advisers to gather information, answer questions and help move transactions forward, ensuring everything stays on track to meet deadlines. As deals progress, you’ll support the coordination of due diligence and documentation through to completion, while continuing to develop relationships and build your internal and external network to support future opportunities.

About you

As a minimum, you’ll have:

• Exceptional financial analysis capability, including the ability to interpret financial statements, assess risk, and build robust financial models with scenario and sensitivity analysis
• Knowledge of loan and security documentation, with experience supporting or managing documentation and due diligence processes
• Experience engaging with external stakeholders such as customers, investors and advisers, alongside internal teams, to support origination and delivery of lending opportunities
• Excellent organisational and project management skills, with the ability to manage multiple tasks simultaneously and deliver to tight deadlines
• Excellent written and verbal communication skills, with the ability to present complex financial information clearly and accurately

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

• Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand

• Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development

• Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• 25 days holiday, pro rata

• Access to private medical insurance

• A highly competitive pension to help you build a strong foundation for retirement

• Access to an annual performance-related bonus

• Training and development to help you progress your career

• A great selection of additional benefits through our salary sacrifice scheme

• Life assurance to provide peace of mind for you and your loved ones in the event of your death

• Wellhub – access to a range of free and paid options for health and wellness

• Up to 2 days of paid volunteering a year

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

Please note that should you be successful in securing this role the job title on our internal systems will be Associate Director.