VP, Treasury & Accounting​/Chief Financial Officer

VP, Treasury & Accounting/Chief Financial Officer Job Description

Shinhan Bank Canada (SHBC) is part of the global Shinhan Financial Group, one of South Korea's leading financial institutions. At SHBC, we provide a full range of financial services including everyday banking, mortgages and loans - delivered with deep local expertise and global insight.

Join a workplace where your contributions are valued and your professional development supported. At SHBC, you'll be part of a collaborative culture where every voice matters and your efforts directly impact the communities we serve.

The Chief Financial Officer (CFO) is responsible for providing strategic financial leadership and ensuring the integrity, accuracy, and compliance of the Bank ’s financial management, reporting, treasury operations, and regulatory governance. The CFO oversees Finance, Accounting, Treasury, Corporate Tax, and Financial Planning functions, ensuring alignment with Canadian banking regulations, IFRS standards, and the Bank ’s strategic priorities.

• Provide leadership and subject‑matter expertise on accounting and financial reporting matters, ensuring compliance with IFRS and internal accounting policies.
• Oversee the preparation and analysis of financial statements and management reports for the CEO, Senior Management, Audit Committee, and the Board of Directors.
• Supervise, guide, and support the Accounting team on complex accounting matters.
• Ensure effective management of the Bank ’s Expected Credit Loss (ECL) including methodology and documentation.
• Research, assess, and document accounting impacts from new or revised accounting standards, regulatory requirements, and new product initiatives.
• Lead the implementation of new IFRS standards, including IFRS 18 and any future IFRS changes applicable to the Bank.
• Lead the implementation of changes to OSFI Accounting reporting requirements and ensure timely, accurate submission of regulatory returns.

• Ensure the integrity of the Bank ’s financial reporting and regulatory governance framework, aligning financial operations with OSFI and any other regulatory requirements.
• Evaluate and recommend changes to Treasury and Accounting policies, guidelines and manuals to support sound financial governance.
• Oversee financial compliance with all Bank policies, internal controls, procedures, and governance standards.
• Lead and manage all CDIC related return filings in cooperation with related departments.
• Lead and manage all internal, external, tax, and regulatory audits, including OSFI reviews and Parent Bank audits.
• Provide oversight of the Bank ’s budgeting and accounts payable functions.
• Provide leadership and subject‑matter expertise on corporate taxation matters, ensuring compliance with related Tax regulations.
• Lead the preparation, review, and filing of corporate tax returns and indirect tax obligations (GST/HST, provincial tax filings).

• Provide strategic direction and analytical guidance to the Treasury team.
• Lead the Asset – Liability Committee (ALCO) and report directly to the CEO on ALM matters.
• Ensure effective management of funding costs, liquidity risk, and interest rate risk, including monitoring and mitigating balance sheet mismatch risks.
• Develop wholesale funding and investment strategies aligned with policy rate outlook, market conditions, and the Bank ’s asset growth objectives.
• Oversee Liquidity Risk Management, including LCR/NCCF reporting, Liquidity Stress Testing, Liquidity Contingency Planning, and Daily Liquidity Activity Monitoring.
• Oversee Capital Adequacy Management, including RWA monitoring, BIS & Leverage Ratio management, and BCAR & Leverage Ratio reporting.
• Lead the implementation of changes to OSFI Treasury reporting requirements and ensure timely, accurate submission of regulatory returns.
• Provide recommendations on ALM strategies to business units and relevant stakeholders.

• Lead the development of the annual financial plan, forecasts, and periodic updates.
• Provide…