Careers

Director – Structured Finance

Location: London, ON

VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $1.9 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.

Our head office is located in London, ON, however VersaBank provides state-of-the-art technology to allow its employees to work remotely. For more information on VersaBank, please visit our website at www.versabank.com.

This position will appeal to a results-oriented individual who is comfortable with challenging performance targets and thrives in a unique, dynamic, tech savvy, informal team environment.

Reporting to the Vice President, Structured Finance, this position will be part of the eCommerce group, and after a training period, will provide portfolio management oversight for new and existing client relationships in VersaBank’s Point of Sale Financing Program. This program involves purchasing loan and lease receivables from finance companies that operate throughout Canada in a variety of industries. The primary functional tasks are in the areas of program management, portfolio analysis, client negotiation and interaction, closing of legal documentation, and credit preparation and financial analysis.

The ideal candidate is a seasoned multi-dimensional banking professional with a background in corporate or commercial credit and lending. A Master’s degree in Business Administration, Chartered Financial Analyst, or similar designation is preferred. You have superior analytical and decision making skills based on effective risk assessment/management and Excel modelling capabilities. You also have strong verbal and written communication skills as well as excellent client service skills. You have seven to ten years’ experience in commercial/corporate credit underwriting and portfolio management.

We offer excellent career advancement opportunities, an informal, positive work environment and a competitive compensation package that includes base salary, an outstanding benefits package, tuition refund program, fitness club membership and participation in an attractive incentive award program.

If working for a non-traditional bank with an entrepreneurial flair appeals to you, we encourage you to apply in confidence to [email protected]

Please be advised that only those applicants selected for an interview will be contacted.