Lead Compliance and Payments Administrator

Location: Saskatoon, SK

VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $2 billion in assets and growing. As Canada’s most innovative Bank, VersaBank operates as a branchless financial institution that obtains its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses.

We are currently recruiting a Lead Compliance and Payments Administrator to join our Deposit Services team. Due to COVID-19, this role will see you working remotely until our office is fully reopened. VersaBank provides state-of-the-art technology to allow its employees to work remotely. For more information on VersaBank, please visit our website at

Reporting to our Vice President, Deposit Services, you will play an integral role in the day -to-day implementation and on-going development of the Deposits compliance framework, with an emphasis on client AML/KYC due diligence activities, EFT payments and clearing record keeping and reporting obligations. The successful candidate will demonstrate their ability to operate at a strategic level, assess controls and have sound judgment in identifying risks in order to proactively escalate with senior management. You will have a commitment to providing exceptional client service and support, and a willingness to take on new responsibilities and challenges as they arise.

The ideal candidate has a minimum of seven years’ experience in the banking/financial industry with direct experience in regulatory compliance and payment processing. You have a business degree or post-secondary education in a related field. You have sound knowledge of AML/ATF regulations and Payments Canada rules and standards. You thrive in a customer centric team-based environment, can manage competing priorities and possess a strong attention to detail. Excellent written and oral communication skills and advanced computer proficiency, particularly using Microsoft Office products are essential.

We offer an informal, positive work environment and a very 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.