Director, Treasury

Infrastructure Ontario•Toronto, ON

10d•$139,000 - $177,600•Onsite

About The Position

The Director, Treasury leads Infrastructure Ontario's (IO) Treasury function, encompassing funding, liquidity, investments, and financial risk management for a loan portfolio exceeding $6 billion. This role is responsible for setting Treasury strategy, ensuring robust governance and risk management practices, and providing forward-looking analysis to optimize net interest margin and support lending growth. As a strategic advisor to executive leadership and the Board, the Director strengthens financial sustainability through disciplined balance-sheet management and informed decision-making.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.
Several years of progressive experience in Treasury, Corporate Finance, Banking, or a related discipline.
Many years of experience leading Treasury or Finance teams.
Strong expertise in funding strategy, liquidity management, balance-sheet optimization, and financial risk management.
Demonstrated ability to advise executive leadership and governance bodies using complex financial analysis.

Nice To Haves

MBA, CFA, CTP, or similar professional designation considered an asset.
Public-sector, government-agency, construction lending, or project finance experience is an asset but not required.

Responsibilities

Lead the development and execution of Treasury strategy, balance-sheet optimization, and multi-year roadmaps aligned with lending growth and provincial priorities.
Own Treasury budgeting, forecasting, net interest margin analysis, and variance explanations for executive leadership.
Deliver forward-looking portfolio analysis, scenario planning, and stress testing to inform strategic decisions under varying market conditions.
Oversee all Treasury operations, including funding execution, borrowing requirements, liquidity management, and administration of financial agreements.
Establish, maintain, and enforce Treasury policies, guidelines, delegated authorities, and internal controls to manage financial and market risks.
Lead financial risk management activities, including interest rate, liquidity, credit, capital, and market risk, ensuring audit readiness and governance integrity.
Own and execute funding strategies, including negotiation and review of funding facilities to optimize cost of capital, flexibility, and risk exposure.
Build and manage senior relationships with the Ontario Financing Authority, banking partners, and other funding stakeholders.
Advise executive leadership and governance bodies on funding, risk, and portfolio strategy to support new and evolving government lending programs.
Deliver high-quality Treasury reporting to the Board and its committees, including performance metrics, risk insights, and forward-looking analysis.
Lead Treasury systems and tools transformation, including business case development, implementation, and change management.
Build and lead a high-performing Treasury team, evolving the function from transactional execution toward strategic advisory.

Benefits

Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee’s annual salary, with an option for IO to match an additional 5% contribution made by the employee.
IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being.
IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
Access to a suite of virtual healthcare options to support non-urgent medical needs.
A convenient, central location at 1 Dundas St West, easily accessible by public transit.
We offer a competitive salary range of $139,000 to $177,600 (M3 level), pay will align with skills, knowledge and experience of the candidate.