The OTPP Collateral team oversees enterprise margin activity across the Fund, covering both bilateral and cleared products. This buy-side role provides meaningful visibility across the organization, with exposure to senior leaders and key topics such as counterparty credit risk, inventory management, collateral eligibility, margin optimization, and operational resiliency.
We are seeking an experienced Manager, Collateral & Liquidity Operations to play a key leadership role in overseeing daily collateral management activities, strengthening processes and controls, and supporting the effective delivery of a critical function within the enterprise. This role also contributes to cross-functional initiatives that support OTPP’s global investment platform.
We are looking for a leader who is passionate about coaching, developing, and inspiring teams. You will lead a group of talented professionals, support their growth and performance, and foster a culture of collaboration, accountability, continuous improvement, and operational excellence.
This is a highly visible opportunity to influence important business outcomes, strengthen core operational infrastructure, and make a meaningful impact within a critical function at OTPP.
Who you'll work withReporting to the Senior Manager, this role leads a team of skilled professionals responsible for margin management and collateral resilience to ensure daily margin requirements are met through effective management of eligible securities under the broader Public Investments Operations group within the Finance Division. In managing Teachers’ enterprise margin and collateral activities, the Collateral team works closely with both the Treasury and Counterparty Risk teams.
What you'll doAccountable for end-to-end Collateral Management Lifecyle - Provide leadership over buy-side collateral activities and act as first line of defense in mitigating counterparty risk across enterprise agreements such as Bilateral & Cleared Derivatives, Repo, Prime Brokers and Centrally Cleared products.
Drive Continuous Improvements & Transformation - Lead continuous improvement initiatives that enhance efficiency, reduce operational risk, and support scalability. Evolve capabilities to expand margin and collateral analytics that reduce margin exposure and optimize collateral usage.
Deliver on Strategic Initiatives & Projects - Enable or own the delivery of key priorities by establishing business requirements, evaluating business impacts, and recommending the best course of action.
Foster Strong Internal & External Partnerships - Collaborate with internal teams (including Treasury, Risk, Legal, Investments, other Finance teams) to ensure timely issue resolution and alignment on business needs. Address escalated issues impacting operational integrity, risk reporting, or liquidity reporting.
Lead & Develop the Team - Manage, coach, and develop a team responsible for daily activities under time sensitive deadlines intraday. Oversee recruitment, performance management, and ongoing skill development to support team growth and operational excellence.
Bachelor’s degree in a relevant field or equivalent experience; professional designations such as CPA (CA, CGA, CMA) or CFA are considered strong assets.
8–10+ years in Investment Operations, specifically with collateral management expertise such as a deep understanding of ISDA CSA/GMRA agreements, cleared margin activities, regulatory collateral initiatives (SIMM, Sponsored Repo), collateral management services, and buy-side investment operations.
Proven ability to lead teams, inspire performance, and champion change initiatives that drive measurable operational improvements with experience in a leadership or people‑management role.
Strong interpersonal skills with experience partnering across diverse teams and working with senior leaders to navigate complex structures and support informed decision‑making.
Demonstrated success in coordinating cross‑functional initiatives, delivering process enhancements, and contributing to a culture of continuous improvement.
Experience with various collateral platforms (e.g. Acadia, TriOptima, Triparty custodians)
What we’re offering
Pay-for-performance with base salary and annual incentive based on individual and enterprise performance. The Base Salary range for this level is as follows: $105,000 - $155,000. Individual compensation and placement of this role in the range is based on different factors unique to each candidate, including but not limited to relevant experience, skills, demonstrated competencies, and internal equity as they relate to the role.Numerous opportunities for professional growth and development
Comprehensive employer paid benefits coverage
Retirement income through a defined benefit pension plan
The opportunity to invest back into the fund through our Deferred Incentive Program
A flexible work environment combining in office collaboration and remote working
Competitive time off
Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
Employee discount programs including Edvantage and Perkopolis
At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.
How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.
Accommodations are available upon request ([email protected]) for candidates with a disability taking part in the recruitment process and once hired.
Candidates must be legally entitled to work in the country where this role is located.
Ontario Teachers’ may use AI-based tools to assist in screening and assessing applicants for this position. These tools may help us identify candidates whose skills and experience align with Ontario Teachers’ objectives by analyzing information provided in resumes and applications. Our use of AI does not replace human decision-making.
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Functional Areas:
FinanceVacancy:
Current
Requisition ID:
#LI-RM1
Skills Required
- Bachelor's degree in a relevant field
- Professional designation (CPA, CFA)
- 8-10 years experience in Investment Operations with collateral management expertise (ISDA CSA/GMRA, cleared margin, SIMM, Sponsored Repo)
- Leadership and people-management experience managing operational teams
- Experience developing and maintaining operational risk and control frameworks
- Proven experience driving continuous improvement and transformation projects
- Strong stakeholder management and collaboration with Treasury, Risk, Legal, Investments
- Strong technical knowledge of BI and visualization tools (e.g., Power BI)
- Experience with database/analysis tools (SQL, Python, Snowflake)
- Experience with collateral platforms and service providers (e.g., OMS, Acadia, TriOptima, triparty custodians)
What We Do
Ontario Teachers' Pension Plan (OTPP) is a provider of single-profession pension plans. Its primary activities involve managing pensions and investing plan assets on behalf of both working and retired teachers. The organization maintains a diverse investment portfolio across various asset classes, including equities, infrastructure, natural resources, capital markets, and real estate, with a global presence and a commitment to innovation and growth.
