The Director, Portfolio Management, Canadian Corporate Banking Department 2 (CCBD2) reports to the Managing Director, CCBD2, and is responsible for the monitoring, reporting, and documentation of the loan and derivative portfolio. This includes new and existing credit applications, close watch reports, exposure management plans, and portfolio analysis.
Lead ISDA negotiations between the client and MCMC credit.
Our client, a global foreign financial institution, originally came to Canada in 1981 offering a full range of financial services to Korean businesses and immigrants. evolved and expanded its focus to serve all Canadians. In 2015, after a successful merger our client is now a large domestic bank , but it also boasts an extensive overseas network with more than 1200 offices in 25 countries. Its 11 branches in Canada serve the cities of Toronto, Calgary, Vancouver, Burnaby, Coquitlam, and Richmond.
To achieve our goal of being the best foreign bank in Canada, we are continuing to grow and are looking for a professional Team Lead, Enterprise and Operational Risk Management to join our Bank. We are committed to providing a great workplace environment that fosters a culture of respect, openness and support.
Maintenance of Risk Appetite Framework and Statement, and Risk Management Framework.
Provide independent challenge of risk activities performed in business and corporate functions.
Prepare and deliver training to Bank staff on enterprise risk management and Operational.
Prepare monthly and quarterly risk and regulatory reporting for management risk committees, Board committees, parent bank and regulators.
Prepare progress reporting on RMD matters for management team, parent bank, and internal audit.
Organize Risk Management Steering Committee meetings.
Lead ERM team, including attracting, developing and retaining staff.
Oversee implementation of Business Process Mapping & Risk Control Self-Assessments by business and corporate functions, including facilitation of RCSA sessions, challenge of RCSA results, follow-up of action items.
Maintain Operational Risk Policy and related guidelines.
Provide oversight of the implementation and monitoring of Key Risk Indicators for Operational Risk across the Bank.
Implementation of ORM Reporting to Risk Management Steering Committee and the Board’s Risk Management Committee.
Perform an annual internal capital adequacy assessment and report results to the Risk Management Steering Committee and the Board Risk Management.
Propose risk limits for capital adequacy.
Design and implement stress tests for significant risks.
Prepare monthly and quarterly reporting of capital adequacy and capital planning.
Attract, and oversee development and retention of staff, including objective setting, coaching and performance management.
Build and maintain effective working relationships with other members of the Risk Management Department, members of the branch and corporate function teams and other senior management, parent bank personnel, OSFI, external auditors, and members of the Board of Directors.
Monitor industry developments and regulatory changes for emerging risks and changes that may need to be made to Bank risk management processes. Escalate any related issues to the appropriate departments and the CRO.
Minimum 10 years’ experience in a risk management role within a Canadian federally regulated financial institution.
Possess strong analytical skills, including conceptual thinking and excellent problem solving skills.
Ability to develop and maintain a collaborative work environment for staff and colleagues.
Possess strong verbal and written communication Ability to synthesize and present complex concepts in a clear and concise manner.
Ownership and Accountability – take responsibility for decision making and accomplishing objectives within role, taking initiative to create value for the bank.
Desire and ability to learn about the business and understand the production process to link it to the financial statements.
Adopts an active approach and a perpetual willingness to get personally involved in order to increase the pace and efficiency and achieve departmental and company goals and objectives.
Consistently thinking beyond the borders of audit to help create a culture of continuous improvement.
Embraces the challenge of problem solving and identifying and implementing well thought through practical solutions.
Identify control deficiencies, summarize and evaluate making recommendations for remediation.
Must work in accordance with Health and Safety regulations, Company rules, plant rules, and policies and procedures.
Must use or wear equipment, protective devices or certain clothing as required.
Internal Auditor in their corporate office.
Applying appropriate audit techniques to analyze information and assess the adequacy of existing controls.
Office environment most of the time, with exposure to manufacturing plant floor.
The Controller will be a strategic thought-partner, and report to the General Manager. The successful candidate will be a hands-on and participative manager and will support the following areas: accounting, finance, business planning and budgeting.
The Controller will play a critical role in partnering with the senior leadership team in strategic decision making and operations as they continue grow. This is a tremendous opportunity for a finance leader to maximize and strengthen the internal capacity of a well-respected organization.
Analyze and present accounting and financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials and oversee all financial and project/program accounting.
Coordinate and lead the year-end tax reporting process, liaise with external; assess any changes necessary.
Develop and implement appropriate efficient accounting, status reporting, internal controls and auditing systems, while maintaining documentation of these procedures as appropriate.
Oversee and lead annual budgeting and planning process in conjunction with the President, administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
Our client, a leading best foreign bank in Canada, is continuing to grow and are looking for a professional Senior Risk Analyst to join their Bank. We are committed to providing a great workplace environment that fosters a culture of respect, openness and support.
The incumbent is responsible for measuring, monitoring, analyzing, and reporting risk capital results (actuals, forecasts, limits) to the immediate manager as well as producing various reports to assist the senior management (including the board of directors) with review.
Utilize and enhance stress testing programs to adequately quantify Pillar 2 risk capital defined by senior management.
Produce timely, perceptive and forward-looking risk-based information to enhance the Bank’s risk appetite.
Produce ICAAP reports consisting of regulatory capital and economic capital analyses.
Responsible for producing various economic capital reports, both recurring and ad-hoc, to support senior management in strategic decision-making process.
Responsible for monitoring daily Leverage Ratio.
Monitor daily and monthly liquidity risk and funding risk indicators including LCR and NSFR.
Assist in developing risk limits which are aligned with the board approved risk appetite statement.
Produce regulatory reports and risk capital monitoring report and distribute to OSFI, FSS, the parent bank, and the holding company.
Undergraduate degree in a quantitative discipline (e.g. mathematics, statistics, finance).
2 – 3 years of risk management related work experience (e.g. capital management, stress testing, regulatory reporting accountability, etc.) in the Canadian financial service industry.
Programming skills and database experience, knowledge of VBA and SQL is preferred.
Strong understanding of lending and trading products and behaviours of portfolios under stress.
Must be detailed oriented and be able to timely prepare deliverables to meet tight deadlines.
Must be legally eligible to work in Canada at the location(s) specified above and, where applicable, must have a valid work permit that allows the candidate to fulfill the requirements of the role.
KEB Hana Bank Canada is an equal opportunity employer and it is the Bank’s policy to recruit and select applicants for employment solely on the basis of their qualifications with emphasis on selecting the best qualified person for the position. Only qualified applicants will be contacted. We thank all applicants for their interest.
Our client, a leading foreign bank in Canada, is continuing to grow and are looking for a professional Senior Manager, Credit Risk Oversight to join their Bank. They are committed to providing a great workplace environment that fosters a culture of respect, openness and support.
Develop and maintain the Credit Risk Appetite Statement and related Board and management limits.
Monitor the credit risk profile of the Bank in relation to the risk appetite and established limits, while escalating any breaches thereof as appropriate.
Design, implement and maintain the Credit Risk Management Framework and Expected Credit Loss Policy.
Collaborate with the Credit Department on the implementation of the Credit Risk Framework, including the management of portfolio limits, lending exceptions, independent challenges of credit policies and independent validation/vetting of credit models.
Lead the management of Expected Credit Losses (ECL) for the Bank under IFRS 9, including domestic ownership of the ECL model, analysis of results generated, model calibration and effectiveness assessment.
Lead domestic efforts to determine any required adjustments to reflect Canadian macroeconomic factors, and stress testing over such factors.
Conduct stress testing of credit related risks for risk measurement and capital adequacy assessment purposes.
Monitor and report on credit portfolio including monitoring of credit quality and identification of key and emerging risks.
Prepare and present reports to the Risk Management Steering Committee and to the Board’s Risk Management Committee on credit oversight activities and related results.
Design, implement and maintain an effective loan review program that measures the quality of underwriting, assesses the effectiveness of risk ratings on individual loans, and provide pragmatic recommendations for improvements to the loan origination and management process.
Provide oversight to the preparation and presentation of reporting on loan review results to the Loan Review Committee.
Oversee development of loan review officers and credit risk oversight staff, including objective setting, coaching and performance management.
Build and maintain effective working relationships with other members of the Risk Management Department, members of the Credit teams and other senior management, parent bank personnel, OSFI, external auditors, and members of the Board of Directors.
Monitor industry developments and regulatory changes for emerging risks and changes that may need to be made to Bank credit processes. Escalate any related issues to the appropriate departments and the CRO.
Minimum 10 years’ experience in a credit risk management role within a Canadian federally regulated financial institution.
Financial Risk Management (FRM) designation preferred, but not required.
Strong understanding of credit underwriting, and management of a retail and commercial lending portfolio, including related regulatory requirements for a federally regulated financial institution.
Experience working with credit related models including risk rating models and expected credit loss models in an IFRS 9 environment, including ability to use statistical analysis software in measuring and monitoring risk.
Experience creating and executing credit scenario analysis and stress testing.
Possess strong analytical skills, including conceptual thinking and excellent problem-solving skills.
Possess strong verbal and written communication skills. Ability to synthesize and present complex concepts in a clear and concise manner.
Korean written and verbal skills is an asset but not required.