Attention finance professionals!
Effective April 1, 2026, the approved salary range for the AOF02 classification is $190,055 to $201,420. Applicants should note that this is the current salary range associated with the position.
The Ontario Financing Authority is seeking an accomplished capital markets leader to serve as Senior Manager, Liquidity, a high-impact role responsible for safeguarding the Province's access to liquidity and advancing disciplined, market-informed financial decisions. You will lead the management of Ontario's liquid reserves, short-term borrowing, collateral and foreign exchange exposures; guide complex transactions in fast-moving markets; and build trusted relationships across government, financial institutions and the broader public-sector network. This is an opportunity to combine strategic leadership, technical depth and sound judgment to strengthen Ontario's financial resilience and help fund the priorities that matter to people across the province.
The Ontario Public Service: Strengthening Ontario, together.
A career in the Ontario Public Service (OPS) is driven by purpose. We're building a stronger Ontario by delivering programs and services that make a real difference in people's lives. If you share this ambition, you'll find a workplace that reflects the diversity of the people we serve and empowers you to lead with confidence.
Why Your Leadership Belongs Here
- Purpose 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 contributions.
About the job
We believe great leadership starts with high standards and strong support. In the OPS, that 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 shape a team culture that sparks innovation, supports collaboration, and champions inclusion. You'll help build a workplace that is diverse, anti-racist, and accessible, where everyone feels safe, respected, and able to thrive.
You won't be doing it alone. We invest in our leaders through mentorship, learning opportunities, and cross-ministry networks that help you grow your impact and connect with peers across the organization.
Leadership is about impact, and in this role, you'll have the opportunity to make a meaningful one.
As the Senior Manager, Liquidity, you will:
- Invest liquid reserves prudently and cost-effectively according to OFA's Liquidity Management Plan.
- Manage the short-term borrowing program on behalf of the Province of Ontario and Ontario Electricity Financing Corporation.
- Execute foreign exchange hedging strategies to manage exposures in borrowing and investment transactions.
- Monitor global financial markets, maintaining contacts with investment dealers and banks to stay informed on market trends.
- Identify financial opportunities to lower borrowing costs, enhance investment returns, and reduce financial risk for the Province of Ontario.
- Stay updated on changes in financial markets and maintain contact with Provincial and Federal counterparts, including the Bank of Canada.
Your ability to align your team's efforts with broader organizational goals will be key to your success, and to the success of the people we serve.
Meet Your New Team
Ontario Financing Authority (OFA) executes all borrowing, investments and financial risk management activities; manages the provincial debt; advises on financial policies and projects; and provides financials and cash management services and advice to the Ontario Electricity Financial Corporation.
What you bring to the team
Leadership and People Management
- Leadership Experience: You bring established experience leading people and teams, with clear accountability for results, team development, and performance. You lead by setting direction, coaching others, and building a culture of trust, inclusion, and high performance.
- Strategic Direction and Decision-Making: You provide leadership on complex, high-profile issues, exercising sound judgment, while balancing competing priorities, and making sound decisions that support organizational goals and business outcomes.
- Coaching and Mentorship: You support the growth and development of others by sharing knowledge, providing guidance, and mentoring colleagues to build capability and strengthen team performance.
Specialized Trading and Technical Knowledge
- Fixed-Income Market Knowledge: You possess advanced knowledge of fixed-income and capital markets and understand their application to treasury, borrowing, investment, and risk management strategies.
- Market Trading Experience: You have extensive experience operating within money market, fixed-income, foreign exchange, and derivative markets, including the execution of complex financial transactions.
- Transaction and Financial Analysis: You apply advanced analytical skills and sound judgment to structure, execute, and evaluate complex transactions and financial strategies.
- Financial Systems and Technology: You have advanced knowledge of financial systems, analytical tools, and technology platforms, with experience driving enhancements to support business needs and operational effectiveness.
Risk Management and Analytical Skills
- Risk Management Principles: You possess advanced knowledge of risk management principles and apply them to support effective decision-making in complex financial environments.
- Judgment and Decision-Making: You exercise exceptional judgment when managing high-value, time-sensitive transactions and issues with significant financial and organizational impacts
- Quantitative and Analytical Skills: You leverage strong analytical and problem-solving abilities to assess complex financial information and provide strategic recommendations.
- Economic Analysis: You analyze economic conditions, market trends, and financial data to inform investment, borrowing, liquidity, and hedging decisions.
Communication and Negotiation Skills
- Communication and Negotiation: You possess exceptional communication, influencing, and negotiation skills, enabling you to build consensus and advance strategic objectives.
- Stakeholder Relationship Management: You establish and maintain trusted relationships with senior executives, government partners, and domestic and international financial institutions.
- Collaboration and Professionalism: You work effectively across functions and levels of the organization, using your expertise and influence to drive results and support organizational priorities.
- Integrity and Resilience: You demonstrate the highest standards of integrity, professionalism, and ethical conduct, and remain effective in complex, high-pressure environments.
Remember:
The deadline to apply is Thursday, November 19, 2026 11:59 pm EST. Late applications will not be accepted.
We thank you for your interest. Only those selected for further screening or an interview will be contacted.
