Managing Director, Green Municipal Fund

Federation of Canadian Municipalities; Ottawa; On-site; CAD 140,000 - 210,000; Full time

Job summary

Federation of Canadian Municipalities (FCM) is seeking a Managing Director, Green Municipal Fund to lead GMF and climate programs from Ottawa. You will shape strategy, drive growth, and supervise governance, capital development, and stakeholder engagement across public, private and not-for-profit sectors.

The role requires visionary leadership, financial acumen, and the ability to unite diverse stakeholders to advance municipal climate action on a national scale.

Qualifications

• Strong strategic leadership to guide GMF and climate programs.
• Proven investment expertise and ability to translate opportunities into impact.
• Experience operating across public, private, not-for-profit and capital markets environments.

Responsibilities

• Provide executive leadership for GMF and climate programs with measurable outcomes.
• Oversee portfolio strategy, performance, and investment directions.
• Build and maintain relationships with federal partners, municipalities and other key stakeholders.
• Ensure governance, financial stewardship and risk management across programs.

Skills

Strategic leadership

Investment expertise

Cross-sector collaboration

Financial stewardship

Governance & risk management

Stakeholder management

Job description

Founded in 1901, the Federation of Canadian Municipalities (FCM) is the national voice of municipal government. With over 2,100 members including Canada's largest cities, small urban and rural communities, and 20 provincial and territorial municipal associations, FCM represents over 92 per cent of Canada’s population. Headquartered in Ottawa, FCM is one of the most respected and effective advocacy organizations in Canada. A non-profit, member-first organization, FCM advocates for municipal priorities at the federal level and delivers capacity-building tools and programs.

For more than 25 years, the Green Municipal Fund (GMF) has been Canada's leading municipal sustainability funding and financing platform. Established through an endowment from the Government of Canada and managed by FCM, the GMF helps municipalities accelerate projects that deliver environmental, economic and community benefits. Combining grants, loans, technical expertise and strategic partnerships, the GMF plays a critical role in helping communities access the capital, knowledge and implementation support needed to deliver transformational outcomes. Looking ahead, the GMF is focused on accelerating the transition to sustainable and resilient communities across Canada while expanding innovative investment approaches, scaling municipal impact and positioning itself for long-term growth and sustainability.

Today, GMF plays a critical national role in helping communities reduce emissions, strengthen climate resilience, improve quality of life and accelerate investment in sustainable infrastructure. Looking ahead, GMF is focused on increasing the scale and pace of municipal climate action, expanding innovative financing and investment approaches, strengthening partnerships, and ensuring the long-term growth and sustainability of the portfolio.

The Opportunity

The Managing Director, Green Municipal Fund (GMF) and Climate Programs provides executive leadership for the GMF and is accountable for establishing and delivering the overall vision and strategy for FCM's GMF and climate programs.

Working as a member of FCM’s Senior Leadership team, the Managing Director leads the strategic evolution and growth of GMF and FCM’s climate programs, ensuring they deliver measurable climate, economic and community outcomes while maintaining strong financial stewardship, governance and risk management.

The Managing Director is accountable for portfolio strategy and performance; investment and program direction; relationships with federal partners, municipalities and other key stakeholders; growth and innovation; and the long-term capitalization, sustainability and positioning of GMF. The role will be central to ensuring that GMF continues to evolve as Canada’s leading municipal climate-delivery and financing platform.

The Managing Director will also work closely across FCM to leverage the organization’s enterprise capabilities in governance, finance, risk, operations, policy, communications and member engagement.

The Ideal Candidate

The ideal candidate is a visionary and purpose-driven executive who combines strategic leadership, investment expertise, the ability to operate effectively across public, private, not-for-profit and capital market environments to advance climate and community outcomes. They bring proven experience leading complex organizations, programs, or investment platforms, driving growth, forging strategic partnerships, and translating emerging opportunities into lasting impact. With strong financial stewardship and sound judgement, they balance innovation, risk management, and long-term sustainability while navigating complex policy, funding, and stakeholder environments.

The successful candidate brings strong financial acumen/experience, sound judgement and an ability to balance innovation, risk, accountability and long-term sustainability. Experience working with governments, municipalities, institutional funders or other public-interest partners would be highly valuable. The ability to work fluently in French and in English (both written and spoken) is considered a strong asset.

An influential and collaborative leader, they foster inclusive, high-performing teams, champion accountability and continuous improvement, and inspire confidence through their executive presence, analytical rigor, and ability to unite diverse stakeholders around a shared vision. The incumbent embodies FCM’s commitment to being a healthy, diverse, inclusive, and anti-racist organization. As a senior leader in the organization, they lead in a manner that embraces these values, the corporate culture and the passion for FCM’s mandate.

This is a publicly advertised job posting for an existing vacancy. Odgers does not use artificial intelligence (AI) to screen, assess, or select applicants for a position.

Diversity, Equity, and Inclusion

FCM is an equal opportunity employer. In accordance with the Accessible Canada Act, 2019 and all applicable provincial accessibility standards, upon request, accommodation will be provided by both Odgers and FCM throughout the recruitment, selection and/or assessment process to applicants with disabilities.

Odgers is deeply committed to diversity, equity, and inclusion in all the work that we do. As part of our efforts to better understand our ability to reach as broad a pool of candidates as possible for our searches, our DEI team would like to encourage you to take a moment and access our Self-Declaration Form.