Financial Analyst

Hana Bank Canada is a subsidiary of Hana Financial Group, the largest global financial group in South Korea, operating a domestic and overseas network of over 750 branches in 25 countries. As a leading provider of financial solutions for the Korean community in Canada, our mission of "Growing Together, Sharing Happiness" keeps us focused and grounded as we strive to fulfill our role as a "Solution Provider" for our growing customer base in a rapidly changing financial environment. We aspire to grow with our customers, employees, shareholders and society. We are committed to advancing sustainable growth and fulfilling our social responsibilities.

We are currently searching for Financial Analyst to join our team in our Head Office location.

This is a hybrid role.

The Financial Analyst is responsible for a range of financial activities, including the preparation of regulatory financial returns, comprehensive accounting and taxation tasks, intricate financial analysis, and meticulous submissions to the Board of Directors and committees. This role entails rigorous internal compliance preparations to ensure adherence to regulatory standards and organizational policies.

Responsibilities:

Regulatory Reporting

• Prepare monthly and quarterly regulatory financial returns submitted to OSFI, Bank of Canada and Statistics Canada
• Prepare monthly BCAR and act as a subject expert on OSFI Capital Adequacy Report (CAR)
• Prepare liquidity monitoring ratios as requested
• Prepare quarterly regulatory returns submitted to FSS (Financial Supervisory Service) in South Korea
• Follow-up with regulatory representatives regarding inquiries about the Bank’s filing requirements, financial variances and the likes
• Prepare compliance reporting including internal compliance, RAF and regulatory requirements
• Maintain internal control requirements for regulatory reporting
• Assist in compliance reporting

Accounting

• Participate in the preparation of drafts for the unaudited financial statements
• Prepare monthly balance sheets, income statements and other supporting schedules
• Assist external auditors on interim and annual audit
• Prepare data book

Financial Reporting

• Prepare various reports submitted to Headquarters in South Korea
• Support in investigation transactions to reconcile BS and PL
• Provide support on intercompany transaction reporting
• Act as back up for monthly performance report and month-to-month profit variances
• Act as back up for analyzing monthly, quarterly, yearly financial results and Bank’s KPI
• Act as back up for daily business risk monitoring report

Taxation

• Support in income tax and indirect tax preparations
• Support in preparations year-end income tax provision
• Compile data inputs for Bank’s tax returns
• Prepare and report NR4 on Canadian tax return
• Prepare and report PST
• Monitor indirect tax on expenses on monthly basis

Board of Directors and Committee submissions

• Prepare detailed presentations for Bank’s committee and BOD meetings

Other

• Act as back up for closing G/L account of Head office
• Respond to ad hoc inquiries
• Maintain manual relating assigned duties

Skills/Competencies:

• Bachelor’s degree in accounting, finance, economics, or other related disciplines
• Intermediate skills in Microsoft Office (especially in Excel)
• Excellent communications skills; both written and verbal in English is preferred/in Korean is an asset
• Great attention to detail with accuracy
• Ability to meet tight timelines
• Excellent organizing ability
• Ability to multi-task
• Enrolment in CPA/CFA program is an asset
• Banking experiences is an asset
• Regulatory reporting experiences is an asset

At Hana Bank Canada you’ll join a close-knit and diverse group of professionals and work in a collaborative, supportive environment. You will have the unique opportunity to gain exposure to a global market, make a real impact and grow your career. With a focus on growth, happiness, and customer satisfaction, Hana Bank Canada is a company that truly values its employees.

We offer a competitive compensation and benefits package as well as a company pension plan.

If you are interested in joining our team, please send your resume to [email protected]

Hana Bank Canada is an equal opportunity employer.

We value diversity and inclusion in our workplace and are committed to providing fair and unbiased treatment to all employees and applicants.

At Hana Bank Canada, we strive to create an environment where everyone feels respected, valued, and supported. We provide reasonable accommodations to individuals with disabilities and ensure that our hiring and employment practices are inclusive and accessible.

We encourage individuals from all backgrounds to apply and join our team.

Together, we can build a stronger and more inclusive workplace. If you have any questions or require any accommodations during the application process, please reach out to our HR department.