VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $4.9 billion in assets and growing. As Canadas most innovative bank, VersaBank 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.
VersaBanks 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 VersaBank, please visit our website at www.versabank.com.
We are looking for a Financial Analyst to join the Financial Planning & Analysis (FP&A) team. In this role you will be an integral part of the team, providing valuable research and analytical support, while contributing to key financial functions including budget preparation and financialforecasting. Additionally, you will assist in business performance variance analytics and provide insights that support strategic decision-making.
This role is located in London, Ontario and will work out of our VersaBank Innovation Centre of
Excellence (VICE) office.
Primary Responsibilities include:
- Develop financial models to support business planning, capital management, and balance
sheet optimization scenarios. - Conduct variance analysis of monthly, quarterly, and annual financial results.
- Prepare monthly management reporting packages at both the enterprise and business unit
levels. - Conduct macro/micro economic and market research.
- Support the development and maintenance of financial performance projection models at
both the enterprise and operating unit level. - Support the performance of financial risk analytics and reporting at both the enterprise
and operating unit level. - Review industry and economic databases and publications in support of enterprise and
operating unit business and capital plan development. - Update and enhance the Finance departments policy manuals as necessary and support
the development of standard operating procedures. - Support the completion of all regulatory and external reporting requirements ensuring
accuracy and timeliness of data and information. - Additional projects as assigned.
What we look for:
- Undergraduate degree in Business Administration, Economics, Accounting, Finance,
Statistics or related field. - 1-3 years of experience in the financial services industry. Direct experience with financial
modelling considered an asset. - Ideal candidate will be pursuing a CFA or CPA designation.
- Strong Excel skills are vital in this role, the ability to use and create Pivot tables and look
up functions is considered a strong asset. Knowledge of macros is a plus. - Strong understanding of financial statement analysis and accounting principles.
- Proficiency using Microsoft Office Suite, particularly Excel and PowerPoint. Exposure to
Power BI considered an asset. - Strong analytical skills, particularly in statistical analysis, are an asset.
- Well organized with strong attention to detail.
- Adaptable team player who can effectively multi-task.
What we offer:
- A positive team-based work atmosphere that promotes collaboration.
- 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:
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.
At VersaBank, 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. VersaBank is an equal opportunity employer and complies with all applicable accessibility laws and regulations.