Senior Manager, TMX Information Processor

Bourse de Montreal Inc.; Toronto; Hybrid; CAD 140,000 - 150,000; Full time

Job summary

TMX is seeking a Senior Manager, TMX Information Processor, to lead product planning and execution across the full lifecycle of TMX IP. You will collaborate with Technology, Sales, Marketing, Legal, and Senior Management to drive product strategies, secure executive approvals, and cultivate industry relationships for commercial success.

You will manage governance, regulatory filings, vendor oversight, and the creation of precise specifications to enable seamless integration of new marketplaces

Qualifications

• Distill complex outages or regulatory requirements into actionable insights for multiple stakeholders.
• Understand NI 21-101 and how it affects IP operations and data ingestion.
• Familiarity with consolidated tape concepts and related market structures.
• Proficiency with prompt engineering and AI for creating technical specs (PRDs).

Responsibilities

• Lead TMX IP governance activities and set agendas for governance committee.
• Own regulatory filings and self-assessments with critical data and context.
• Oversee technology vendors and SLAs for TMX IP operations.
• Own the documentation and evolution of functional specifications for new markets and data sources.
• Oversee the long-term financial model and budgeting for the Information Processor.
• Drive discovery sessions with institutional clients to shape product roadmaps.

Skills

Governance & leadership

Regulatory knowledge

AI proficiency

Communication & distillation

Education

Business / mathematics / technology background

Tools

AI tools

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.

In the market for…

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.

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 .