Analyst, Consumer Lending

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Versa Bank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $5.8 billion in assets and growing. As Canada’s most innovative bank, Versa Bank operates as a branchless financial institution that obtains its deposits and provides most of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses.

Versa Bank’s Common Shares trade on the Toronto Stock Exchange (“TSX”) and Nasdaq under the symbol VBNK. Our head office is in London, Ontario, with various offices located across Canada. For more information on Versa Bank, please visit our website at

We are looking for an Analyst to join the Investment, Risk & Control (IRC) team. This is a full‑time in‑office role based in London, Ontario.

As an Analyst, you will directly support the stability and growth of the Bank’s high‑performing product offerings while focusing on pre‑funding risk analysis, legal documentation review, transaction processing, and audit and portfolio management. Your insights relating to financial statements, commercial credits and collateral analysis will help guide key decisions on lease and loan transactions. Additionally, your ability to conduct comprehensive due diligence will be central to identifying and mitigating risk across the Bank’s portfolio.

This is a collaborative role, as you will work closely with the VP, IRC, VP, Structured Finance, Account Managers, and Sellers to ensure appropriate standards and compliance protocols are met.

• Audit tranches for compliance with approved legal and security content and structural parameters for each Seller.
• Follow documented procedures for Seller audits, which includes identification and follow‑up protocols for deficiencies or issues.
• Participate in the funding audit cycle, with an emphasis on ensuring that Seller Portfolios are in compliance with approved policies and parameters.
• Prepare funding packages while ensuring that all documents have been obtained (i.e., purchase summaries and waivers), are signed and dated as required.
• Identify and flag contracts or transactions that do not meet the eligibility requirements of the program.
• Communicate audit findings clearly while ensuring that responses adequately identify the risks and/or issues.
• Maintain detailed records of tranche due diligence findings and decisions.
• Monitor exposures within each Seller’s program to ensure compliance with MPSA requirements.
• Ensure funding packages are complete, signed off, and submitted in a timely manner to ensure same‑day value of wire transfers.
• Assist with improving efficiencies in the audit process of each Seller.
• Provide support to the reporting and credit teams as needed.

• Business degree or related post‑secondary education, and/or relevant work experience.
• A minimum of 2 years of experience in a similar or related role.
• Experience and understanding of US and CAD securitization and leasing would be an asset.
• Advanced computer skills, particularly Microsoft Office products, and the ability to learn new systems.
• Self‑starter with strong time management skills and the ability to multi‑task.
• Excellent critical thinking skills.
• Strong interpersonal and business communication skills.
• Meticulous attention to detail.
• Sound judgment with the ability to independently problem‑solve.

• A positive team‑based work atmosphere that promotes collaboration and career advancement.
• Competitive compensation package including base salary, an incentive award and pension supplement program.
• Tuition refund program.
• Fitness club membership.

If working for a ‘non‑traditional’ bank with an entrepreneurial flair appeals to you, we encourage you to apply. 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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At Versa Bank, we are committed to fostering a diverse, inclusive, and equitable workplace. We encourage applications from individuals of all backgrounds, including persons with disabilities, Indigenous persons, members of visible minorities, women, LGBTQ+ individuals, and other underrepresented groups. We believe that diverse perspectives strengthen our organization, and we strive to create an environment where everyone has an equal opportunity to succeed.

We also encourage candidates with different abilities, relevant alternative expertise, or experience who can perform the essential and critical functions of the job, with or without support(s). If accommodations are required, we are dedicated to providing the necessary support to ensure full participation. Versa Bank is an equal opportunity employer and complies with all applicable accessibility laws and regulations.