Vice President - Investment Management

Description

TELUS Corporation

TELUS Corporation seeks a Vice President, Investment Management to serve as a primary contributor to mature, very well-funded TELUS DB investment strategies and work toward annuity purchases. The candidate will also oversee the management of the growing DC plans, taking ultimate accountability for approximately two thirds of investment activities across the plans.

Reporting to the SVP, Finance with indirect accountability to the Audit Committee of the Board of Directors of TELUS, the Vice President, Investment Management will serve as the guardian of the investment process, stay abreast of market trends and key issues to provide thought leadership, and ensure the plans' investment structure, philosophy, processes, and policies remain current as the market, industry, and organizational needs evolve. This role will mentor and develop an experienced team of investment professionals to deliver consistent, positive, and value-added performance.

What You Will Do:

• Investment Strategy & Execution: Serve as the guardian of the investment process, leading the semi-annual review of economic and financial market conditions and utilizing scenario-based forecasting to formulate and implement optimal asset mix strategies

• De-Risking & Liability Management: Oversee the strategic management and ongoing de-risk of very well-funded and mature DB pension plans, leading the necessary transition to systematically mitigate asset-liability risk and execute towards annuity purchases

• Defined Contribution (DC) Plan Oversight: Direct and manage the governance, investment options, and strategic direction for the growing DC plans, ensuring alignment with participant needs and organizational objectives

• Thought Leadership: Stay abreast of trends and key issues to provide thought leadership and guidance, ensuring the plans' investment structures, philosophy, processes, and policies evolve alongside emerging market dynamics

• Team Leadership: Mentor, retain, and develop an experienced team of 14+ investment professionals, attracting top talent and ensuring team members play to their strengths while collaborating effectively across functional areas

• Performance Monitoring & Risk Management: Advise the Management Pension Committee on appropriate policies regarding investments, internal controls, accounting, pension expense, administration, communications, and risk control

• Monitor risk exposures consistent with approved policies and oversee the development of attribution models to evaluate fund performance and risk tolerances

• Ensure technology and infrastructure support remain aligned with the evolving needs of both the DB and DC plans and reflect current industry best practices

• Communication & Stakeholder Management: Report quarterly to the Pension Committee regarding investment strategy, performance, and risk management

• Build and maintain key internal and external relationships within the broader investment community, representing TELUS at industry forums

Qualifications

You are the missing piece of the puzzle – You are likely in an institutional investment leadership role today, with many of the following traits and experience points:

• Investment & De-Risking Acumen: Deep understanding of institutional investment methodologies, asset allocation, asset-liability matching (ALM), and de-risk frameworks (including liability-driven investing and annuity purchase execution). Proven experience overseeing both mature DB plans and expanding DC plans

• Leading Teams: Demonstrated success recruiting, developing, motivating, and leading professional investment staff. A collaborative and decisive leader who fosters a culture of continuous learning, best practice implementation, and high ethical standards

• Executing for Results: Strong business and financial acumen. A "student of the markets" with intellectual curiosity and multi-asset class expertise spanning equities, fixed income, debt, and alternative asset classes

• Governance & Influence: Substantial experience partnering with senior executives, governance bodies, and Pension Committees. Skilled at communicating complex financial and risk concepts with clarity, calm confidence, and credibility

• Proven Leadership Track Record: 10–15+ years of progressive investment leadership experience within a corporate or public pension plan, endowment, family office, or asset management firm. Proven track record in portfolio manager leadership, asset mix execution, risk management, and external manager selection

Great to haves – We are especially motivated to connect with individuals with one or more of the following:

• CFA charterholder and/or a graduate degree (Master's) in Economics, Finance, or Business Administration

• Direct experience executing pension risk transfer (PRT) transactions or buy-in/buy-out annuity purchases for mature DB plans

• Active involvement in extracurricular industry associations or forums demonstrating a passion for the investment field