Director, Private Capital, Financial Services

Ontario Teachers' Pension Plan • Toronto, ON

1d • Hybrid

About The Position

The Ontario Teachers' Pension Plan Board (Ontario Teachers') is seeking a Director, Private Capital for its Financial Services investment team. This role is a senior position responsible for sourcing, diligencing, executing, and directing private equity investments in the Financial Services sector. The position offers a clear path towards independent deal leadership for a candidate with a strong foundation in private equity investing. The successful candidate will report to the Managing Director and work within a deal team, collaborating with analysts, associates, principals, directors, and managing directors, as well as external consultants and advisors. The team focuses on sub-sectors including Insurance, Wealth & Asset Management, Lending, Professional Services, and Cards & Payments, with a keen interest in regulatory, AI, and digitization trends. The role may also involve international collaboration with OTPP's global offices.

Requirements

• ~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, and digitization themes reshaping them.
• Strong academic background, with a financial designation (MBA, CFA, CBV, or CA strongly preferred).
• Experience playing a leading role in the investment process, including conducting due diligence, arranging debt financing, and negotiating documentation.
• Strong negotiating skills.
• Ability to balance priorities, work independently, lead projects, and thrive in a high-performance team environment.
• Very strong analytical and quantitative skills to perform and guide in-depth, innovative, critical analysis.
• Deep understanding of fundamental investment analysis and private equity value creation.
• Strong interpersonal skills and ability to build constructive relationships with internal and external parties, particularly management teams, boards, and senior advisors.
• Strong communication skills, both oral and written, including IC paper authorship and presentation.
• Willingness and ability to travel across North America and globally.
• Candidates must be legally entitled to work in the country where this role is located.

Nice To Haves

• Some experience serving on “for profit” Boards of Directors or board committees a plus.

Responsibilities

• 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 a 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 collaborative 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 escalate 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director