Credit Admin Assistant

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Location: London, ON

VersaBank is an entrepreneurial, rapidly expanding, Schedule 1 Chartered Bank with over $2.4 billion in assets and growing. As Canada’s most innovative bank, VersaBank operates as a branchless financial institution that raises deposits through a network of brokers located across Canada and invests these deposits in loans, leases, commercial mortgages, residential development mortgages, and debt of corporations.

VersaBank’s Common Shares trade on the Toronto Stock Exchange (“TSX”) and Nasdaq under the symbol VBNK. Our Series 1 Preferred Shares trade on the TSX under the symbol VBNK.PR.A. Our head office is located in London, Ontario but we operate from various offices located across Canada. For more information on VersaBank, please visit our website at

This position will be full-time in-office at our Fullarton Street, London, Ontario office. The position assists the Commercial Real Estate Lending Team by providing operational support through the performance of a wide range of administration duties.

Responsibilities include preparing credit applications and amendments as well as maintaining spreadsheets of unit closings and preparing payout statements. You will also monitor various conditions of credit and liaise with clients, solicitors and outside agents on documentation as required. You will also review security documentation and prepare monthly and quarterly reports. The successful candidate will also assist with the implementation and maintenance of our internal Asset Management System.

Your background includes preferably a post-secondary training in office/business administration. You have at least 2-3 years’ experience in a directly related role or within a business or legal environment. You have strong computer skills including Microsoft Office Suite and the ability to learn new systems. You are an energetic self-starter with strong attention to detail, excellent interpersonal and business communication skills and the ability to multi-task. You are very organized, have a positive attitude and a strong customer service orientation.

We offer a friendly and positive work environment, a very competitive compensation package, an outstanding benefit package, as well as paid professional membership fees and a tuition refund program. We also have a fitness club reimbursement program, an attractive incentive award program as well as stock options.

If working for a ‘non-traditional’, technology savvy bank with an entrepreneurial flair appeals to you, we encourage you to apply in confidence with your resume and cover letter to [email protected] as soon as possible.

We thank you for taking the time to submit an application. Please be advised that only those selected for an interview will be contacted.