Senior Manager, TMX Information Processor

TMX Group; Toronto; Hybrid; CAD 140,000 - 150,000; Full time

Benefits offered by this job

Excitement

Connection

Impact

Wellness

Growth

Job summary

TMX Group is seeking a Senior Manager for the TMX Information Processor, the central hub for the Canadian equity market. You will lead product planning, prioritize backlogs, and align technical specs with client needs, working with cross-functional teams to drive strategic initiatives and regulatory compliance.

Reporting to the VP of Proprietary Data & Infrastructure, this role blends leadership in product strategy with operational oversight of governance, vendor management, and commercial

Qualifications

• Exceptional ability to distill complex technical outages or regulatory requirements into actionable insights across multiple stakeholders.
• Strong understanding of Canadian market structure and regulation and NI 21-101 implications for IP operations.
• Broad awareness of global consolidated tape products and comparisons to TMX IP in delivery and commercial models.
• Demonstrated skill in using AI tools to automate the creation of technical specification documents and analyze system performance.

Responsibilities

• Lead product planning and execution across the full product lifecycle for TMX Information Processor.
• Collaborate with Technology, Sales, Marketing, Legal, and Senior Management to drive product strategy and approvals.
• Oversee governance, regulatory filings, and vendor management for critical technology partners.
• Own the technical specifications and documentation, evolving functional specs for new marketplaces and data sources.
• Translate client pain points into high-value product roadmaps through deep-dive discovery with institutional clients.
• Manage long-term financial models, budgets, and communications related to IP fees.

Skills

Communication skills

Market structure knowledge

Consolidated tape knowledge

Generative AI proficiency

North American market experience

Education

Business, mathematics, or technology background

Job description

Venture outside the ordinary - TMX Careers The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross‑functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action? The Senior Manager, TMX Information Processor acts as the operational lead and strategic steward for the TMX Information Processor (IP), ensuring the platform fulfills its vital mandate as the central hub for the Canadian equity market. In this role, you will lead product planning and execution across the complete product lifecycle—conceptualizing business requirements, prioritizing backlogs, and ensuring technical specifications are actionable and aligned with client needs. Working closely with Technology, Sales, Marketing, Legal, and Senior Management, you will drive product strategies that support TMX’s broader goals, secure executive approvals, and cultivate key industry relationships for commercial success.

Reports to: Vice President, TMX Datalinx Proprietary Data & Infrastructure Job Location: Hybrid – based in Toronto, ON.

Key Accountabilities

• TMX IP Governance Leadership: Serve as the primary point of contact for the TMX IP Governance Committee, setting agendas, and addressing committee findings.
• Regulatory Compliance & Filings: Act as the lead operational expert for the TMX IP, providing the critical data, technical analysis, and business context required for regulatory filings and self‑assessments.
• Technology Vendor Management: Provide operational oversight of critical technology vendors by managing service level agreements.
• Technical Specification Ownership: Act as the authoritative owner of all Information Processor documentation and technical standards, leading the evolution of functional specifications to ensure seamless integration of new marketplaces and data sources.
• Commercial Model Oversight: Manage the long‑term financial model of the Information Processor, overseeing annual budget planning and fee‑related communications while ensuring strategic capital allocation to maintain robust and resilient market infrastructure.
• Strategic Client Discovery: Lead deep‑dive discovery sessions with institutional clients to translate complex data pain points into high‑value product roadmaps, and other duties assigned by manager.

Must Have(s)

• Communication & Distillation: Exceptional ability to distill complex technical outages or regulatory requirements into actionable insights for Finance, Sales, Marketing, Technology, Legal, and Senior Management, as well as external regulators.
• Canadian Market Structure & Regulation: General understanding of National Instrument 21-101, with the ability to interpret how regulations dictate IP operations and marketplace data ingestion.
• Consolidated Tape Expertise: Broad awareness of global consolidated tape products (e.g., US SIPs or EuroCTP initiatives) and a nuanced understanding of how they compare to the TMX IP in terms of delivery and commercial models.
• Advanced Generative AI Proficiency: Demonstrated skill in using prompt engineering and AI tools to automate the creation of technical specification documents (PRDs), and perform rapid analysis of system performance data.
• Experience North American Market Expertise: 10+ years of professional experience, with a heavy preference for direct experience in Canadian and US Equity Financial Markets.

Education: Requires a background in business, mathematics, or technology.

Reporting Structure: This role reports to the Vice President, Proprietary Data and Infrastructure, TMX Datalinx.

Salary Range: 140K/year - 150K/year CAD. Please note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

The recruiting efforts for this role are intended to fill a vacant position.

Benefits

• Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
• Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
• Impact - More than a platform, we use our talents to power mission‑critical systems that drive global economic advancement, innovation, and growth. As well, our employee‑led Team Impact spreads social good via our giving strategy.
• Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud‑first and hybrid workstyle, as well as generous time‑off and leaves, we support a life well lived!
• Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action‑takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ?

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate.

We provide accommodations for applicants and employees who require it.

Our Culture

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross‑functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team. Ready to be part of the action?

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation Trayport and VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna.

For more information about TMX Group, visit www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.