Director, Private Capital, Financial Services

The opportunity

Ontario Teachers Pension Plan Board (Ontario Teachers) is a global investor with net assets of $279 billion as of December 31 2025. Ontario Teachers is a fully funded defined benefit pension plan and it invests in a broad array of asset classes to deliver retirement security for 346000 working members and pensioners. Our Private Capital group deploys $60 billion across direct private equity investments and private equity funds globally.

The Director will be a senior member of our Financial Services investment team partnering with our Senior Managing Directors and Managing Directors to source diligence execute and direct private equity investments in the Financial Services sector. This is a development seat with a clear path toward independent deal leadership for a candidate who has already built a strong foundation in private equity investing.

Who youll work with

Reporting to the Managing Director the role will be part of a deal team comprising analysts associates principals directors and managing directors supported by third-party consultants operating executives and legal and accounting advisors dedicated to each transaction.

The Financial Services team invests across sub-sectors including Insurance Wealth & Asset Management Lending Professional Services and Cards & Payments with particular need to understand the regulatory AI and digitization themes reshaping the sector. The role will also potentially partner with colleagues in OTPPs global offices on international investment and / or cross asset class opportunities in Financial Services.

What youll do

• 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 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 OTPPs mission vision and values including supporting and sharing knowledge with other areas of Investments and responding to ad hoc requests.

What youll need

• 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

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

• 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.

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What were offering

• 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 () 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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