Managing Director – Capital Markets, Global Trading
City : Toronto, Canada
Category : Investments
Industry : Financial Services
Employer : Ontario Teachers’ Pension Plan - OTPP
We are seeking a Managing Director to lead our Global Trading Team based in Toronto. Reporting to the Senior Managing Director, this MD will have the overall responsibility for the OTPP public markets trading business and lead a team of 10+traders. The MD will be responsible for delivering a best execution service across Equities, Fixed Income, Credit, FX and Commodities, both in the cash and derivative markets.
Who you’ll work with
In addition to leading your team and collaborating with all asset class portfolio teams, you will also maintain close working relationships with trading, IT, Operations, Legal/Compliance and risk staff to ensure appropriate resolution of all trading issues and be a contributing member of the Investment Division Credit and Counterparty (IDCC) committee. The MD will also partner with Capital Markets senior leaders around building businesses and allocating resources to best meet the Total Fund strategy and represent OTPP’s Total Fund trading needs to external trading partners or counterparties.
What you’ll do
Lead a team of trading professionals including staff development, performance management, coaching and mentoring
Ensure the Global Trading Team is delivering the best execution services, market insights and trading advice to program managers, including providing hands-on support, guidance and assistance to individual traders, where required
Develop the trading team culture and building the capability of the team, as well as ensuring that trading good practices and are implemented with trading errors minimized
Implement and refine the Global Trading long term strategy
Drive and prepare the Global Trading team for trends in market structure and its impact on current/future investment strategies
Lead the Relationship Management function with external partners for Capital Markets activities
Assist in the development of policies/procedures designed to ensure compliance with all industry/regulatory requirements
Maintain close working relationships with trading, IT, Operations, Legal/Compliance and risk staff to ensure appropriate resolution of all trading issues
Contributing member of the Investment Division Credit and Counterparty (IDCC) committee
Represent Total Fund trading needs to external trading partners or counterparties
Maintenance and development of highly effective compliance protocols
Ensure that fund exposures at clearing houses and counterparties remain within allowable limits
Direct impact on total return through reduction of execution costs; Indirect influence through enhanced Alpha derived from market insights.
What you’ll need
At least 15 years of related experience within the financial industry (including 3+ years supervising a trading desk at a major bank or respected sell-side or buy-side institution)
Bachelors’ degree in a related field preferred (e.g.: Financial Economics, Engineering, Computer Science or other
Thought leadership concerning future of trading in Capital Markets
Strong foundation and strategic view of post and pre trading analytics across all asset classes
Expert knowledge of trading across all asset classes globally
Expertise in the development and implementation of Order Management and Execution Management systems (OMS and EMS)
Expert in electronic trading systems and algorithmic trading strategies
Fluent in pre- and post-trade trading analytics
Knowledge and experience of Bloomberg, Trace, and other market pricing and valuation tools
Cross-asset class, geographies, regulatory complexity, internal collaboration, and technology complexity.
Ability to handle multiple priorities while remaining detail oriented
Experience in developing and managing corporate relationships
What we’re offering
Pay-for-performance environment that offers competitive salary and incentive
Numerous opportunities for professional growth and development
Comprehensive employer paid benefits coverage
Retirement income through a defined benefit pension plan
The opportunity to invest back into the fund through our Deferred Incentive Program
A flexible/hybrid work environment combining in office collaboration and remote working
Competitive time off
Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
Employee discount programs including Edvantage and Perkopolis
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At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.
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