Job Category: Finance, Accounting & Purchasing Division & Section: Finance and Treasury Services, Office of the Chief Financial Officer Work Location: City Hall, 100 Queen Street West Job Type & Duration: Full Time, Permanent Salary Range: $223,231.00 - $296,400.00, Wage Grade 12 Affiliation: Non-Union Number of Positions Open: 1 Posting Period: 05-March-2026 - 31-March-2026 The City of Toronto is seeking an accomplished and forward-thinking financial leader to serve as the Director, Capital Markets & Treasury. This is a pivotal executive role responsible for guiding the City’s investment strategy, overseeing its multi‑asset portfolios, and ensuring Toronto’s financial stability through prudent, well‑timed debt issuance and long-term financing decisions. As one of Canada’s largest and most complex public‑sector issuers, Toronto operates in sophisticated and constantly evolving capital markets. The Director plays a critical role in positioning the City to navigate risk, preserve liquidity, safeguard public funds, and support major city‑building initiatives through responsible financial management. Reporting to the Chief Financial Officer & Treasurer, the Director is a trusted advisor to City Council, senior leadership, and the Toronto Investment Board, shaping financial strategies that influence both near‑term operations and long‑term economic resilience. The role requires exceptional judgment, political acuity, and the ability to operate confidently in high‑visibility settings, from Council chambers to boardrooms with banks, rating agencies,



and large institutional investors. The Director will provide guidance and leadership in the areas of: The Director provides strategic direction and oversight for the City’s capital markets, investment, and treasury functions. You lead the development, implementation, and ongoing maintenance of investment, debt, liquidity, and treasury policies in alignment with legislative and regulatory requirements. You also serve as an advisor to the CFO & Treasurer, the Toronto Investment Board, City Council, and senior leadership on complex financial, capital market, and economic matters. You oversee the City’s full suite of investment portfolios, including short-term, long-term, sinking fund, and both internally and externally managed assets. Delivering expert analysis, recommendations, and comprehensive materials, you will support the Toronto Investment Board in fulfilling its fiduciary responsibilities. The role is also responsible for evaluating external investment managers, consultants, and custodians, negotiating key contracts, and rigorously monitoring performance. Capital Markets, Debt, and Financing The Director leads the planning, structuring, and execution of the City’s debenture issuance program, ensuring alignment with market conditions and corporate financial needs. You monitor capital market trends and provide advice on optimal timing, structure, and scale of debt issuance. You will negotiate financing arrangements with banks, rating agencies, and major institutional partners such as the Canada Infrastructure

📌 Capital Markets & Treasury Director — Strategic Finance Leader (Toronto)
🏢 Canadian municipality
📍 Toronto