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 cooperative culture where every voice matters and your efforts directly impact the communities we serve.

This position will report to the Chief Risk Officer (CRO) on maintaining an independent risk management function within the organization.

Key Responsibilities & Accountabilities

- Support the preparation and annual execution of the Internal Capital Adequacy Assessment Process (ICAAP), including capital adequacy analysis, projections and assessment against OSFI guidelines and the Bank’s internal risk appetite. The job will also entail drafting the ICAAP document for CRO review.
- Update Expected Credit Loss Policy and Perform forward-looking Probability of Default (PD) and Loss Given Default (LGD) analysis, incorporating macroeconomic factors and applying statistical regression models to support credit risk assessment and forecasting. The position will also entail review of the Parent Bank PD and LGD data and its conversion to Canadian standards as per the Banks adopted methodology.
- Support the implementation, maintenance and enhancement of the Bank’s capital, liquidity and interest rate risk assessment tools and models.
- Conduct stress testing and scenario analysis for key risk types, including liquidity risk, credit concentration risk and interest rate risk, to assess the potential impact of economic shocks on the Bank’s financial performance and capital adequacy.
- Conduct Peer Bank analysis on a quarterly basis.
- Review and analyze regulatory risk reporting, including BCAR, LCR and NCCF, to assess data accuracy, completeness and compliance with OSFI requirements.
- Support data governance activities by reviewing first-line data submissions,



identifying data quality issues and assessing the adequacy of risk controls, documentation and reporting processes.
- Prepare analytical reports, risk assessments and presentations for the CRO and senior management, highlighting key findings, emerging risks, trends and areas requiring management attention.
- Compile and analyze risk-based indicator monitoring reports for submission to the CRO, Risk Management Committee (RMC), Asset and Liability Management Committee (ALCO), Parent Bank and regulatory bodies, as required.
- Monitor risk limits, thresholds and early-warning indicators relating to liquidity, market and interest rate risks; investigate exceptions and escalate material deviations in accordance with established procedures.
- Perform monthly validation and analysis of foreign exchange (FX) transaction pricing to assess adherence to internal pricing guidelines and prevailing market standards.
- Support the annual review of Pillar 3 public disclosures by validating relevant financial and risk data and ensuring consistency with applicable regulatory disclosure requirements.
- Maintain Policy Calendar and ensure Policies are updated for ECL, Market and Liquidity, IRRBB, Crisis Management Policy Model risk including (model performance management).
- Update Market, Interest Rate, Liquidity, Enterprise Risk Management Framework, Model Risk and others as assigned.
- Support preparation of Risk Management Committee book for RMC on a quarterly basis.
- Monitoring Risk Appetite Framework limits on a daily, monthly, quarterly and annually as required by the Bank’s policies and guidelines.
- Support on ad-hoc requests – Regulator, Parent Bank, Board, Risk Committee, Internal Stakeholders.




- Support on Climate risk – Physical and Transition risk calculation and computation as needed from time to time.

Job Requirements

Education Requirements: Bachelor’s degree in accounting, finance, or risk management-related required

Work Experience Requirements: 5 years of experience in financial service industry is considered an asset; preferable capital adequacy (BCAR and ICAAP), credit provisioning (IFRS 9) or equivalent combination of related fields in Canada

- In-depth knowledge of Canadian stress testing, capital adequacy assessment, credit provisioning and regulatory compliance (e.g. OSFI CAR, LAR, E-19, B-12)
- Working experience in risk or financial management with knowledge of statistical and financial analysis
- Strong research and communication skills
- Demonstrated analytical thinking to solve complex problems
- Proven ability to handle multiple projects within tight deadlines
- Demonstrated coding skills in Python or VBA are considered an asset
- CPA designation or FRM or in pursuit of any equivalent designation, would be considered an asset

Knowledge & Skills

Knowledge of Administration processes, practices and procedures

Planning and Organizing

Risk, compliance and audit mindset

Canadian laws and regulations

Local market knowledge

Knowledge of Policy Development processes

Project management

Specialized subject matter expertise and knowledge

At Shinhan Bank Canada, we are committed to creating and maintaining a diverse, inclusive and accessible workplace. We believe that a collaborative and diverse team strengthens our organization and reflects the communities we proudly serve. You will be supported and empowered to realize your full potential as we work together to shape the future of banking.

Our recruitment process is designed to be fair and inclusive. If you require accommodation at any stage of the hiring process, please let us know - we will work with you to meet your needs.

Only candidates selected for an interview will be contacted.

📌 Analyst, Risk Management (Market & Liquidity) (Toronto)
🏢 Shinhan Bank Canada
📍 Toronto