VersaBank is an inclusive, entrepreneurial, Schedule 1 Chartered Bank with over $4.9 billion in assets and growing. As Canada’s 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.

VersaBank’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 VersaBank, please visit our website at www.versabank.com.

We are looking for an Internal Audit Program Manager to join the team. This is a full-time in office role located in London, Ontario.

As an Internal Audit Program Manager, you will be responsible for monitoring and completing internal audit projects. Working closely with the Chief Internal Auditor, you will evaluate the adequacy, efficiency, and effectiveness of controls encompassing governance, risk management processes, business operations, legal and regulatory requirements, and information systems for the Bank and its subsidiaries.

This role also plays a crucial role in leading, mentoring, and collaborating with other audit professionals to ensure the Bank meets audit standards and regulations. Fostering and maintaining effective working relationships with the Internal Audit Team, all business units, and subsidiaries will be essential to ensuring audit objectives are met.

Primary Responsibilities include:

• Planning, executing, and managing all phases of internal audits in line with auditing standards, including risk assessment, audit testing, reporting, recommending improvements, and monitoring remediation actions.
• Assist in the supervision and review of work conducted by other internal audit team members and consultants.
• Assist in conducting annual internal audit risk assessment and providing key input into the development of the risk-based audit plan.
• Participate in the effective implementation and usage of internal audit management software, technology and data analytics to deliver timely identification, monitoring and reporting of risk exposures.
• Recommend revisions to auditing policies, procedures and programs based upon updates to the Global IIA Standards and/or regulatory requirements.
• Participate in the analysis, testing, and status reporting of internal controls over financial reporting (ICFR) and disclosure controls & procedures (DC&P) as required.
• Assist and work collaboratively with external auditors as required.
• Assist with other related duties as assigned.

What we look for:

• Bachelor’s degree in Commerce/Business Administration or other related discipline.
• Professional designation in accounting (e.g., CPA) or auditing (e.g., CIA; CRMA; or CISA) required.
• 5-7 years of internal/external audit or compliance related experience (or equivalent combination of education and experience), preferably in the financial industry.
• Strong knowledge and application of accounting and internal auditing principles, practices, and techniques, including experience conducting, documenting and testing internal controls.
• Ability to demonstrate initiative and work both independently with minimal supervision and collaboratively as a team member on audit projects with little or no precedent.
• Resourceful, with the ability to prioritize and re-prioritize in a fast-paced, dynamic environment to achieve objectives.
• Ability to think critically, analytically, creatively, and innovatively, using professional judgment, reasoned analysis, and relevant experience to generate new ideas, develop solutions, and present them collaboratively and persuasively.
• Skilled in communication, including verbal, written, and interpersonal skills with the ability to effectively interact with others.
• Proficiency with Microsoft Office Applications, strong Excel skills.
• Experience with data analytics and Microsoft Power BI is an asset.
• Experience with Resolver software is an asset.
• Well-developed organizational and time management skills.

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.