Managing Director, Funding, Capital Markets Division

Apply By: Thursday, October 8, 2026 11:59 pm EDTCompetition Status: Application ScreeningApproximately 155 individuals applied for this opportunity.We are screening ALL applications received on or before the closing date and rating them against the qualifications outlined in the job ad. Applicants whose resume and cover letter best demonstrate how they meet the qualifications to do the job will be invited to continue in the hiring process.To learn about our recruitment process, visit our Hiring Process .AOF03 - Finance Management & Control Group$235,098.00 - $249,143.00 Per yearPlease note: Effective April 1, 2026, the salary range for this position is $246,998.00 - $261,754.00 per year.Fund Ontario's Future. Navigate Global Markets. Lead Strategic Borrowing Decisions.Are you a dynamic leader with strong financial markets expertise and a passion for shaping funding strategies? If so, consider this opportunity to join the Ontario Financing Authority!As the Managing Director, Funding, you will lead borrowing strategies and debt issuance activities that support the Province's and Ontario Electricity Financial Corporation's funding requirements. You will monitor market and economic developments, maintain relationships with financial institutions, identify emerging trends, and work with stakeholders across the Ontario Financing Authority and broader public sector organizations to advance Ontario's funding objectives.The Ontario Public Service: Strengthening Ontario, together.Why Your Leadership Belongs HerePurpose that drives you:
Lead work that matters. Your leadership will shape policies, programs, and services that improve lives across the province—every day.A culture that supports you:
Thrive in a flexible, inclusive, and respectful workplace that values your well-being and empowers you to bring your whole self to work.A career that grows with you:
Explore leadership opportunities across ministries and sectors. With access to mentorship, learning, and mobility, your career can evolve here.Recognition that reflects your impact:
We value the difference you make. You'll receive competitive pay, a defined-benefit pension, and benefits that support your well-being—plus meaningful recognition for your contributionsAbout the job
We hold our leaders to high standards because we believe in their potential to drive meaningful change. In the Ontario Public Service, leadership means showing up with authenticity, acting with integrity, and having the courage to do what's right—even when it's hard.As a leader, you'll be expected to create a team culture that encourages innovation, supports collaboration, and champions inclusion. You'll help build a diverse, anti-racist, and accessible workplace where everyone feels safe, respected, and able to thrive.Leadership is about impact—and in these roles, you'll have the opportunity to make a meaningful one.You will:Lead the development and execution of borrowing initiatives to finance the Province's and Ontario Electricity Financial Corporation's funding requirementsEvaluate and recommend borrowing strategies by monitoring and incorporating evolving economic and financial market conditionsBuild and maintain relationships with domestic and international financial institutions to support funding activities and market intelligence gatheringMonitor financial markets and economic developments to identify emerging trends and assess their potential impact on funding strategiesCollaborate with stakeholders across the Ontario Financing Authority and broader public sector organizations to support effective funding operations and strategic decision-makingProvide leadership and strategic direction in a dynamic funding environment, building strong relationships, developing talent, and supporting the achievement of divisional and organizational goalsMeet Your New TeamThe Capital Markets Division develops and executes the Province of Ontario's borrowing and debt management programs, invests funds for the Province and specific government entities, and provides investment management services to the Ontario public sector.Within the division, the Funding team monitors domestic and international bond and capital markets and executes borrowings in these markets to meet the long-term and short-term public borrowing requirements for the Province and Ontario Electricity Financial Corporation.What you bring to the team
Leadership Experience:
Experience leading, mentoring, and developing high-performing teams through change and transformationAbility to set priorities, recommend solutions, and deliver results under tight timelinesProven commitment to fostering an inclusive, collaborative, and engaged workplaceStrong relationship-building skills with the ability to motivate and work effectively with diverse technical professionalsSound judgment, integrity, and discretion in managing sensitive and confidential financial informationTechnical Expertise:
Knowledge of fixed income, money markets, foreign exchange, derivatives, and related capital market instrumentsUnderstanding of economic, financial, and statistical principles, with an emphasis on capital markets and funding activitiesStrong knowledge of risk management principles and sound judgment in evaluating and executing financial transactionsKnowledge of financial management, reporting, and control frameworks, processes, and systemsProficiency using financial analysis tools and software to support market analysis, funding decisions, and transaction executionResearch and Analytical Skills:
Demonstrated ability to assess economic, market, and investor trends to support funding decisions and borrowing strategiesExperience analyzing financial market developments and evaluating their implications for funding programsAbility to assess new and emerging financial instruments and recommend appropriate financing options and solutionsProven analytical skills to develop and present funding strategies that support diversified and cost-effective sources of financingCommunications and Relationship Management:
Strong relationship-building skills with the ability to develop and maintain effective partnerships with financial institutions, investors and other market participantsDemonstrated ability to identify issues, evaluate options, and provide strategic advice to support organizational objectivesExcellent verbal and written communication skills, including the ability to prepare briefings, presentations, and recommendationsStrong negotiation and influencing skills, with the ability to achieve results through collaboration with diverse stakeholdersHow we support diversity, inclusion and accessibility
We are building an inclusive workforce that reflects the communities we serve. We encourage everyone interested in working with us to apply, including people with disabilities, Indigenous, Black and racialized individuals, as well as people from all ethnicities, cultures, sexual orientations, gender identities and gender expressions.Our hiring process is accessible, consistent with Ontario's Human Rights Code and the Accessibility for Ontarians with Disabilities Act, 2005. We are working to prevent and remove barriers in our hiring processes and can offer accommodation to address specific needs related to Code-protected grounds such as disability, family status and religion. For more information about accommodation during the hiring process please contact us.Learn more about the work the OPS is doing to create an inclusive, anti-racist, accessible and diverse workplace:diversity, equity and inclusion initiativesaccessibilityAnti-Racism PolicyLanguage requirements and assessment:All external Ontario Public Service (OPS) job ads are posted in English and French. Check the "position(s) language" section at the top of each job ad for the language requirements. For all roles, candidates are assessed in English, the business language of the OPS. If the position is bilingual (English/French), you'll also need to pass a French-language proficiency test.
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