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 agile 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 https//clearing.fidelity.ca/

What 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 Oversight

- Supervise 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 requirements
- Utilizing data-driven applications, monitor trading conduct to ensure adherence to Best execution obligations (NI 23-101 / UMIR)
- Marketplace trading rules and fair access requirements
- Prohibition on manipulative and deceptive trading practices
- Conduct daily and periodic supervisory reviews, including exception monitoring and trade surveillance alerts




- Identify, investigate, and elevate potential regulatory breaches
- Provide guidance to traders on regulatory interpretation, internal policies, and evolving Canadian market structure requirements
- Maintain, update and refine existing desk policy and procedure documents including written Supervisory Procedures (WSPs) in alignment with CIRO expectations

Surveillance and Technology Enablement

- Utilize trade surveillance systems and analytics tools to monitor trading activity in real-time and post-trade
- Enhance supervisory effectiveness through automation, data analytics, and control frameworks
- Partner with Compliance and Technology to continuously improve surveillance scenarios, alert calibration, and reporting
- Develop dashboards, KPIs, and exception reports to support risk-based supervision
- Ensure appropriate recordkeeping and audit trails consistent with regulatory requirements

Marketplace and Execution Venue Oversight

- Assist VP and Directors with relationship manager functions for Canadian and global execution venues, including exchanges, ATSs, and liquidity providers
- Oversee broker and venue selection in support of best execution and trading efficiency
- Evaluate execution quality, routing logic, and transaction cost outcomes

Supplier/Vendor Risk Management

- Assist with relationship management activities for desk vendors including trading and market data providers
- Assist with onboarding new vendors and lead annual vendor activities including security updates, risk reviews and information updates
- Ongoing monitoring of service level agreements (SLAs)

Governance, Controls a

📌 Trade Supervision and Oversight Manager (Toronto)
🏢 Fidelity Canada
📍 Toronto