Portfolio Analyst

VersaBank; London; On-site; CAD 60,000 - 80,000; Full time

Benefits offered by this job

Competitive compensation package

Comprehensive benefits program

Professional development and tuition reimbursement

Job summary

VersaBank is seeking a Portfolio Analyst to join their Structured Finance lending team in London, Ontario. This full-time, in-office role involves underwriting credit applications, portfolio management, and compliance.

The ideal candidate will have a business degree, CFA or MBA, and 1-3 years of relevant experience. This position offers a collaborative work environment, competitive compensation, and a comprehensive benefits program.

Qualifications

• 1-3 years of experience in credit analysis or structured finance.
• Ability to manage multiple priorities effectively.

Responsibilities

• Assist with underwriting and preparation of credit applications.
• Manage ongoing portfolio management and provide analysis.
• Ensure compliance with policies and procedures.

Skills

Financial statement analysis

Accounting principles

Excel modelling

Credit application preparation

Portfolio analytics

Time management

Education

Business degree or related post-secondary education

CFA or MBA

Job description

We are looking for a Portfolio Analyst to join our Structured Finance lending team. This is a full-time, in‑office role based in London, Ontario.

Primary Responsibilities include:

• Assist with the underwriting and preparation of credit applications as per policy and procedure manuals.
• Assist with ongoing portfolio management.
• Provide analysis of third‑party reporting that includes financial statements, portfolio reports, A/R reporting, recovery reports, etc., and analyze for structure adequacy, delinquency trends, client procedure changes, and other credit information.
• Perform sensitivity analysis, data mining, and build models using the internal data warehouse to identify performance trends.
• Ensure compliance with policies and procedures.
• Ensure that all credit and other risks are adequately identified in credit correspondences, and that credit structure mitigants are recommended.
• Ensure aspects of increased risks are identified and communicated to the appropriate levels in all instances where portfolio performance deterioration or potential loss has been identified.
• Ensure legal documentation and security registrations are up to date and accurate.
• Ensure that assigned credit reviews are completed on a timely basis, and necessary approvals for extensions are obtained.
• Comment on monthly compliance reports and inquire with clients where there are any negative trends.
• Collaborate with internal compliance teams to solve time‑sensitive issues as they arise and ensure that all terms and conditions established with clients are adhered to.
• Make recommendations to policies and procedures where either market conditions warrant or operational efficiencies can be realized without increasing business risk.
• Join Portfolio Managers on client calls and meetings as required.

Qualifications:

• Business degree or related post‑secondary education.
• CFA, MBA or equivalent professional designation or experience preferred.
• 1–3 years of experience in consumer or commercial credit analysis, portfolio analytics, or structured finance preferred.
• Strong knowledge of financial statement analysis, accounting principles, credit application preparation, and advanced Excel modelling.
• Demonstrated ability to successfully manage multiple priorities.

What we offer:

• A collaborative and team‑focused work environment.
• Competitive compensation package, including incentive opportunities and pension supplement program.
• Comprehensive benefits program and fitness program designed to support your well‑being.
• Professional development and tuition reimbursement programs.