Job Description / Duties

The Manager, Transaction Readiness supports CDIC’s operational readiness to execute resolution (i.e., sale or restructuring) of a failing or failed member institution. Operating at the tactical and operational levels with strategic input, the role contributes to ensuring that CDIC is prepared to execute resolution using its statutory powers and leveraging other business processes and legal mechanisms, with the ultimate goal of minimizing CDIC’s exposure to loss and contributing to the continued stability of Canada’s financial system.

The incumbent manages projects and stakeholder relationships that advance the development, testing, and application of resolution tools across member institutions of varying sizes and complexities.

Working under the direction of the Director, the Manager provides subject matter expertise, manages cross-functional projects, and contributes to playbook development, training, and readiness testing to ensure CDIC can execute resolution strategies efficiently and effectively. The Manager may work with teams across the organization, including Member Risk & Resolution, Legal, Policy, Technology & Data, and with external vendors, regulators, government agencies and departments, and member institutions as required.

This role can be performed from our Ottawa or Toronto offices, following a hybrid model approach. We are looking to staff three full-time permanent positions and create a pool of qualified candidates for potential future opportunities.

Core Responsibilities 

- Proactively identify, assess and mitigate gaps or impediments to transaction readiness through detailed analysis and risk-based judgement.
- Develop, maintain, track, and actively monitor operational procedures to support the effective use of resolution tools.
- Actively contribute to planning and executing the resolution strategy of a failed member in the event of crisis, ensuring scope, participation and deliverables align with established objectives
- Ensure effective planning, coordination and execution of readiness testing, staff training, and simulation exercises to ensure sustained crisis preparedness.
- Provide expert analysis, advice and well-supported recommendations to the Director and senior management through verbal briefings and written materials.
- Contribute to the development, review, and ongoing maintenance of policies, By-law, and guidance governing the execution of resolution tools.
- Build and maintain effective working relationships with peer regulators, standby partners and domestic and international stakeholders.
- Represent CDIC in internal and inter-agency working groups or technical forums related to operational readiness and resolution tool development.

Qualifications / Required Skills

About you

You take pride in the work that you do and are passionate about making a difference and an impact. You face challenges head-on, are an excellent communicator and collaborator, and act with integrity.

SKILLS you bring

- Strong knowledge of federal financial institutions and the Canadian financial sector
- Transactions planning and execution experience (e.g., M&A, deal advisory, corporate restructuring, bankruptcy & insolvency)
- Project management, especially involving interdisciplinary teams and use of consultants
- Clear and concise written and oral communication skills
- Process design and improvement
- Innovative and creative problem-solving skills
- Comfortable acting in stressful or crisis situations.

Must have

- Language Requirements: Bilingual Imperative: Level (BBB/BBB)
- Security Clearance: Eligibility to obtain a Secret-level security clearance

Additional Information

Equity, Diversity & Inclusion and Accommodation Request

CDIC is an inclusive, equitable and diverse workplace. We want to give all qualified applicants the chance to shine during the selection process. We believe that everyone should be treated equally and fairly, regardless of race, colour, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. CDIC will strive to provide equal opportunity to all. If you need an accommodation to apply for a position or participate in an interview, please contact us at jobs-emplois@cdic.ca.

Sound like you?

If you see yourself as our future Manager, Transaction Readiness, please click the "apply now" button on the job posting on our website: https://www.cdic.ca/about/careers/career-opportunities/#careersIFrame before the closing date of May 8, 2026.

Salary: $117,479.00 - $160,198.00

Contact Information

If you have any questions, please contact our Talent Acquisition team in People & Culture at hrcdic@cdic.ca, they will be happy to assist!

Employer Profile

The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation that contributes to the stability of the Canadian financial system by providing deposit insurance against the loss of eligible deposits at member institutions in the event of failure.

Since its establishment in 1967, CDIC has continued to evolve to keep pace with depositor expectations, financial innovation, and an increasingly complex risk environment. In addition to its deposit insurance mandate, CDIC is Canada’s designated resolution authority for its member institutions, with responsibility for planning and preparedness to support the orderly resolution of a failing institution while minimizing disruption to the financial system.

The scope of CDIC’s deposit protection has expanded over time to reflect how Canadians save and manage their money. Coverage now extends across multiple deposit categories, including joint accounts and registered savings vehicles such as RRSPs and TFSAs, fully protecting the vast majority of Canadians’ personal deposit accounts. CDIC continues to work with federal partners as Canada’s deposit insurance framework is periodically reviewed to ensure it remains effective, resilient, and well understood.

CDIC is fully funded by premiums paid by its member institutions.