Chief Financial Officer (Bank / Financial Services only)

BDS Yarmouth & Choate; Vaughan; On-site; CAD 175,000 - 215,000; Full time

Job summary

A leading financial institution in York Region is seeking a Chief Financial Officer responsible for overseeing financial management and ensuring compliance with banking regulations. The ideal candidate will have extensive financial leadership experience, a CPA, and a deep understanding of market dynamics. This full-time role offers a competitive salary ranging from $175,000 to $215,000, along with annual bonuses and benefits including medical insurance and a 401(k).

Benefits

Medical insurance

401(k)

Vision insurance

Qualifications

• Ten-plus years in financial leadership within a financial institution.
• Proven sustained success in high-level management roles.
• Demonstrated entrepreneurial mindset.

Responsibilities

• Lead financial functions and corporate financial management.
• Review investment portfolios and provide recommendations.
• Create and maintain the annual budget.

Skills

Financial leadership

Banking regulations expertise

Market analysis

Organizational skills

Management experience

Education

Bachelor’s degree in accounting with CPA and/or MBA

Job description

Chief Financial Officer (Bank / Financial Services only)

Chief Financial Officer (Bank / Financial Services only)

1 day ago Be among the first 25 applicants

BDS Yarmouth & Choate provided pay range

This range is provided by BDS Yarmouth & Choate. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

175,000.00 / yr - $215,000.00 / yr

Additional compensation types

Annual Bonus

This is not a Remote / Work From Home or Hybrid opportunity.

Chief Financial Officer (Bank / Financial Services only)

The Chief Financial Officer (CFO) is a leadership role for the Financial functions of the Bank. Responsible for suggesting and implementing strategies which lead to greater, sustainable, long-run profitability. With the support of the Accounting and Finance department, the CFO will ensure timely and accurate reporting which will support business decisions for the entirety of the bank.

Job Description - Chief Financial Officer (Bank / Financial Services only)

• Supports the Board of Directors on Corporate Financial Management including, but not limited to, topics of : dividend policy, capital structure, corporate governance, and strategic initiatives.
• Reviews the Bank’s investment portfolio while making buy / hold / sell recommendations to the CEO.
• Responsible for facilitating Management level ALCO and Board level Finance Committee meetings. Reports on areas pertaining to interest rate risk, liquidity, sources and use of funds, and overall comparison of appropriate financial metrics to bank policy guidelines. Recommends actions to be taken to address financial risks.
• Creates and maintains the annual budget (with monthly detail), while reporting to the Board of Directors the Bank’s financial performance vs the approved budget and self-identified peers.
• Responsible for seeking and implementing continuous efficiencies dependent on the leverage of technology and automation, where feasible and valuable.
• Conducts quantitative data analysis and financial modeling which includes but is not limited to; branch profitability, loan portfolio parameters, deposit portfolio parameters, and product profitability.
• Responsible for identifying, measuring, monitoring, and controlling the model for ACL estimation, CECL calculation, and general economic review as it pertains to potential credit loss outlook.
• Responsible for overseeing and enhancing the bank’s corporate credit card relationship, as it pertains to the employees and the bank as a whole.
• Responsible for maintenance and implementation of policies related to Accounting & Finance functions of the bank.
• Oversees the Bank’s accounts payable process.
• Oversees the Bank’s incoming and outgoing, domestic and international, wire funds transfers.
• Manage the bank’s BOLI portfolio.
• Manages critical relationships pertaining to Accounting and Finance for the Bank.
• Complete continuing education opportunities to stay updated on regulations / best practices for areas under your responsibility.
• Completes all duties to ensure compliance with BSA and OFAC requirements.
• Promotes an environment that supports diversity and upholds the bank's core values.
• All other duties as assigned.

Qualifications

Chief Financial Officer (Bank / Financial Services only)

What we are looking for…

Bachelor’s degree in accounting with CPA and / or MBA.

Ten-plus years working in a financial leadership capacity in a financial institution or independent mortgage banker. SEC and mortgage industry experience is preferred.

Proven sustained success in previous high-level management and leadership roles.

Demonstrated success in discerning market forces and developing appropriate, profitable business strategies.

Proven expertise in banking regulations and related banking operations with demonstrated success in balancing operational efficiency and regulatory expectations.

Successful experience managing corporate governance matters and communicating relevant information with boards of directors and shareholders.

Demonstrated entrepreneurial mindset with strong organizational and leadership skills.

Seniority level

Seniority level

Executive

Employment type

Employment type

Full-time

Job function

Job function

Accounting / Auditing, Management, and Finance

Industries

Banking, Financial Services, and Accounting

Referrals increase your chances of interviewing at BDS Yarmouth & Choate by 2x

Inferred from the description for this job

Medical insurance

401(k)

Vision insurance

Get notified when a new job is posted.

Sign in to set job alerts for “Chief Financial Officer” roles.

Director of Finance - Remote Opportunity

Director of Finance – Rapidly growing Whiskey Brand

Managing Director - CFO Advisory Services

Nashville, TN $400,000.00-$450,000.00 23 hours ago

Director, CFO Services (OPEN TO ALL US LOCATIONS)

Finance Director, Revenue Recongition | Healthcare

Lebanon, TN $120,000.00-$180,000.00 3 days ago

Director of Finance - Marriott Nashville Airport ($2,000 Sign-On Bonus!!!)

VP, Accounting, Chief Accounting Officer

PEPI : Senior Director, CFO Services (OPEN TO ALL US LOCATIONS)

Director, Accounting - hybrid (Franklin, TN)

Franklin, TN $98,900.00-$138,400.00 1 week ago

PEPI : Senior Director, CFO Services - Digital Finance (OPEN TO ALL US LOCATIONS)

Managing Director, Mergers & Acquisitions

Brentwood, TN $100,000.00-$125,000.00 6 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

J-18808-Ljbffr