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Job Description
Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate. IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario.

Position Purpose
The Director, Treasury leads the organization’s Treasury function, including funding, liquidity, investments, and financial risk management for a $6B+ loan portfolio. The role sets Treasury strategy, ensures strong governance and risk management, and delivers forward‑looking analysis to optimize net interest margin and support lending growth. As a strategic advisor to executive leadership and the Board, this role strengthens financial sustainability through disciplined balance‑sheet management and informed decision‑making.

What You Will Do
Treasury Strategy, Planning & Portfolio Optimization

Lead the development and execution of Treasury strategy, balance‑sheet optimization, and multi‑year roadmaps aligned with lending growth and provincial priorities.

Own Treasury budgeting, forecasting, net interest margin analysis, and variance explanations for executive leadership.

Deliver forward‑looking portfolio analysis, scenario planning, and stress testing to inform strategic decisions under varying market conditions.

Treasury Operations, Risk Management & Governance

Oversee all Treasury operations, including funding execution, borrowing requirements, liquidity management, and administration of financial agreements.

Establish, maintain, and enforce Treasury policies, guidelines, delegated authorities, and internal controls to manage financial and market risks.

Lead financial risk management activities, including interest rate, liquidity, credit, capital, and market risk, ensuring audit readiness and governance integrity.

Funding Strategy & Strategic Relationship Management

Own and execute funding strategies, including negotiation and review of funding facilities to optimize cost of capital, flexibility, and risk exposure.

Build and manage senior relationships with the Ontario Financing Authority, banking partners, and other funding stakeholders.





Advise executive leadership and governance bodies on funding, risk, and portfolio strategy to support new and evolving government lending programs.

Deliver high‑quality Treasury reporting to the Board and its committees, including performance metrics, risk insights, and forward‑looking analysis.

Lead Treasury systems and tools transformation, including business case development, implementation, and change management.

Build and lead a high‑performing Treasury team, evolving the function from transactional execution toward strategic advisory.

What We Are Looking For

Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.

Several years of progressive experience in Treasury, Corporate Finance, Banking, or a related discipline.

Many years of experience leading Treasury or Finance teams.

Strong expertise in funding strategy, liquidity management, balance‑sheet optimization, and financial risk management.

Demonstrated ability to advise executive leadership and governance bodies using complex financial analysis.

MBA, CFA, CTP, or similar professional designation considered an asset.

Public‑sector, government‑agency, construction lending, or project finance experience is an asset but not required.

What We Offer

Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.

A defined contribution pension plan, where IO contributes the equivalent of 5% of a full‑time employee’s annual salary, with an option for IO to match an additional 5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.

A comprehensive package that covers health, dental, vision, out‑of‑country care, paramedical services, and more.

A pregnancy and parental leave program that offers expecting, eligible employees a top‑up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top‑up to 95% of their annual base salary for 15 weeks.





Access to our $1000 Healthcare Spending Account to top up expenses not covered in the perks program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.

Support for professional development opportunities for all colleagues through a broad range of learning programs that include in‑person and online training, leadership development, and support for colleagues’ well‑being. IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.

Access to a suite of virtual healthcare options to support non‑urgent medical needs.

A convenient, central location at 1 Dundas St West, easily accessible by public transit.

We offer a competitive salary range of $139,000 to $177,600 (M3 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on May 6, 2026 at 10:00 am .

Interviews will occur on a rolling basis until the role is filled.

This posting is for a current active vacancy. We are actively recruiting to fill this position.

After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each other’s differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you require any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity‑deserving groups are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.

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Apply on Kit Job: kitjob.ca/job/2ho1dd

📌 Director, Treasury (Ontario)
🏢 Infrastructure Ontario
📍 Ontario