Job Description

Current work authorization for Canada is required for all openings.
Current work authorization for Canada is required for all openings. You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.
Who We Are
At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years.

We offer
individuals and institutions a range of trusted investment portfolios and services
- and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.
Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best
- both personally and expertly.
Business Overview
Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U. S.-based firms.
For more information about Fidelity Clearing Canada, please visit You Will Do
The Trade Supervision and Oversight Manager is responsible for the effective supervision, and oversight of trading activities across a multi-asset desk, ensuring full compliance with Canadian regulatory requirements and internal policies. Reporting to the VP Trading and Treasury, this position partners closely with Trading, Compliance, Risk and Technology teams to maintain robust supervisory practices and controls,



enhance surveillance capabilities and drive continuous improvement. These controls must be aligned with CIRO (Canadian Investment Regulatory Organization), CSA regulations, and applicable marketplace rules.
Responsibilities also include partnering with the Directors of Trading on business management, risk and project oversight as well as assisting with vendor and marketplace relationships. This role will be expected to leverage technology extensively and collaborate with the Trade desk to minimize any manual practices or desk patterns.
The value you deliver
Trading Supervision and Regulatory OversightSupervise daily trading activity across asset classes (e.g., equities, fixed income, FX, equity options and securities lending) in accordance with CIRO Dealer Member Rules/Universal Market Integrity Rules (UMIR), marketplace regulations and CSA requirementsUtilizing data-driven applications, monitor trading conduct to ensure adherence to Best execution obligations (NI 23-101 / UMIR)Marketplace trading rules and fair access requirementsProhibition on manipulative and deceptive trading practicesConduct daily and periodic supervisory reviews, including exception monitoring and trade surveillance alertsIdentify, investigate, and elevate potential regulatory breachesProvide guidance to traders on regulatory interpretation, internal policies, and evolving Canadian market structure requirementsMaintain,



update and refine existing desk policy and procedure documents including written Supervisory Procedures (WSPs) in alignment with CIRO expectationsSurveillance and Technology EnablementUtilize trade surveillance systems and analytics tools to monitor trading activity in real-time and post-tradeEnhance supervisory effectiveness through automation, data analytics, and control frameworksPartner with Compliance and Technology to continuously improve surveillance scenarios, alert calibration, and reportingDevelop dashboards, KPIs, and exception reports to support risk-based supervisionEnsure appropriate recordkeeping and audit trails consistent with regulatory requirementsMarketplace and Execution Venue OversightAssist VP and Directors with relationship manager functions for Canadian and global execution venues, including exchanges, ATSs, and liquidity providersOversee broker and venue selection in support of best execution and trading efficiencyEvaluate execution quality, routing logic, and transaction cost outcomesSupplier/Vendor Risk ManagementAssist with relationship management activities for desk vendors including trading and market data providersAssist with onboarding recent vendors and lead annual vendor activities including security updates, risk reviews and information updatesOngoing monitoring of service level agreements (SLAs)Governance, Controls and ReportingMaintain strong governance frameworks supporting demonstrable supervision and control effectivenessPrepare reporting for senior management on Trading supervision metrics, surveillance outcomes and escalations, vendor risk and performance assessmentsSupport the business during regulatory examinations, external and internal audits, and compliance and regulatory reviewsMaintain documentation cons

📌 Trade supervision and oversight manager (Toronto)
🏢 Fidelity Canada
📍 Toronto