Analyst - London, Canada - VersaBank

VersaBank
VersaBank
Verified Company
London, Canada

2 weeks ago

Sophia Lee

Posted by:

Sophia Lee

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Description

Key Responsibilities:


As a member of the Investment Risk & Control ("IRC") team, you will play a vital role in the risk management of the Bank's high-performing Point-of-Sale Financing division, the largest and fastest growing product offering of the Bank.


In this role, you will be expected to utilize your credit risk analysis, documentation review, audit, and analytical skills to ensure fundings meet the Bank's established eligibility criteria and risk appetite.


Primary Responsibilities include:

  • Participate in the funding audit cycle with particular emphasis on credit and documentation review ensuring adherence to approved policies and parameters.
  • Identify contracts included in a purchase request that do not meet the eligibility requirements of the program and escalate issues to the respective parties.
  • Provide clear and concise summaries of findings and recommendations to senior staff within the IRC group.
  • Document and followup to resolve any deficiencies noted.
  • Assist in the funding process including coordinating with internal departments and clients.
  • Assist other members of the IRC team as required.


You will need to multi-task, manage competing priorities, and follow up with audit findings and recommendations as required to ensure duties are completed on time.

This position will appeal to someone who thrives in a team-based, fast-paced environment, is highly organized, manages their time effectively and possesses superior analytical skills.


Qualifications:

  • Business degree or related postsecondary education and / or relevant work experience.
  • Advanced computer skills, particularly Microsoft Excel, and ability to learn new systems.
  • Selfstarter with strong attention to detail, time management skills and ability to multitask.
  • Excellent critical thinking skills.
  • Strong interpersonal and business communications skills.
  • Prior experience with commercial lending, securitizations or audit and compliance functions would be an asset.

What we offer:

  • A positive teambased work atmosphere that promotes collaboration and asking questions.
  • Current hybrid work environment.
  • Competitive compensation package including base salary, an incentive award and pension supplement program.
  • An outstanding benefit program.
  • Tuition refund program.
  • Fitness club membership.

Application Procedure:
We thank you for taking the time to apply. Please be advised that only those applicants selected for an interview will be contacted.

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