About Ontario Teachers' Pension Plan Board (Ontario Teachers)

The opportunity Ontario Teachers' Pension Plan Board (Ontario Teachers') is a global investor with net assets of ~$279 billion as of December 31, 2025. Ontario Teachers’ is a fully funded defined benefit pension plan, and it invests in a broad array of asset classes to deliver retirement security for 346,000 working members and pensioners. Our Private Capital group deploys ~$60 billion across direct private equity investments and private equity funds globally.

The Director will be a senior member of our Financial Services investment team — partnering with our Senior Managing Directors and Managing Directors to source, diligence, execute, and direct private equity investments in the Financial Services sector. This is a development seat with a clear path toward independent deal leadership for a candidate who has already built a strong foundation in private equity investing.

Who you’ll work with: Reporting to the Managing Director, the role will be part of a deal team comprising analysts, associates, principals, directors, and managing directors, supported by third-party consultants, operating executives, and legal and accounting advisors dedicated to each transaction. The Financial Services team invests across sub-sectors including Insurance, Wealth & Asset Management, Lending, Professional Services, and Cards & Payments, with particular need to understand the regulatory, AI, and digitization themes reshaping the sector. The role will also potentially partner with colleagues in OTPP's global offices on international investment and / or cross asset class opportunities in Financial Services.

What you’ll do

- Serve as a key member of deal teams — conducting industry and company due diligence,



building financial models, arranging debt financing, negotiating legal documents, and preparing written recommendations for the Underwriting Committee.
- Lead or co‑lead individual deals and workstreams with oversight from the SMD or MD; own specific diligence streams (financial, operational, commercial, legal, tax, insurance) end‑to‑end.
- Post‑close, remain actively involved with portfolio companies — often as board observer or board member — working with management on strategy, value creation, M&A;, and refinancing.
- Contribute to deal flow generation through desk research, consultant relationships, operating executive networks, conferences, and relationships with management teams.
- Lead sub‑sector deep dives and thematic research as the team evolves its coverage strategy, including emerging AI, regulatory, and digitization themes.
- Manage and develop analysts, associates, and principals on deal teams; provide direct mentorship on diligence, modeling, judgment, and communication.
- Work in a highly team-oriented manner, bringing a complex network of stakeholders along (Global and Sector SMDs, MDs, deal teams, Portfolio Solutions team, international office leaders, portfolio companies, etc.).
- Strike the appropriate balance of being a confident decision‑maker and an inclusive leader.
- Build a network of operating executives, CEOs, consultants, bankers,



and peer sponsors; progress toward independent deal sourcing by the end of Director tenure.
- Develop value creation expertise in close partnership with the SMD and MDs; contribute to portfolio company initiatives as assigned.
- Exercise judgment within deal teams and surface recommendations to the MD or SMD; lead individual workstreams and, over time, full deals with oversight.
- Provide disciplined thinking, sound judgment, and courage of conviction, with a willingness to take balanced, thesis‑driven risk.
- Intervene directly and effectively when required and elevate issues early.
- Work cross‑functionally and collaboratively with other teams to ensure continued alignment with OTPP's mission, vision, and values — including supporting and sharing knowledge with other areas of Investments and responding to ad‑hoc requests.

What you’ll need

- ~10+ years of meaningful work experience, including several years of recent private equity investing. Active M&A; in a senior role in corporate development would also be considered.
- Supplemented by previous experience in management consulting, investment banking, and/or corporations (preferably corporate development or similar roles).
- Experience playing a lead role on deal workstreams, including conducting due diligence, leading multiple diligence streams (financial, operational, legal, tax, insurance), arranging debt financing, and negotiating documentation.
- Direct investment exposure to Financial Services preferred.
- Familiarity with Financial Services sector dynamics — particularly Insurance, Wealth & Asset Management, Lending, Professional Services, and Cards & Payments — and the regulatory, AI

📌 Director, Private Capital, Financial Services (Toronto)
🏢 Ontario Teachers'​ Pension Plan
📍 Toronto