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, engaging, 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

Salary Range:





Performance Bonus or Sales Incentive Plan:

Actual total compensation will be determined based on factors such as knowledge, skills, performance and experience. We encourage all qualified candidates to apply, even if the posted salary range doesn't match your expectations. We're open to discussing competitive compensation packages tailored to your experience level and expertise. TELUS offers rewarding benefits, which may vary per job function, such as:

- Comprehensive total rewards package highlighting competitive salary and bonus structures, minimum 3 weeks of vacation, and flexible benefits plan to meet the needs of you and your family
- Flexibility to work in-office, virtually or a combination of both
- Generous company matched pension and share purchase programs
- Opportunity to give back to communities in which we work, live and serve
- Career growth and learning & development opportunities to develop your skills
- And much more …

Job Type: This is for a current vacancy

A bit about us

We’re a people-focused, customer-first, purpose-driven team who works together every day to innovate and do good. We improve lives through our technology solutions and foster a culture of innovation that empowers team members to solve complex problems and create remarkable human outcomes in a digital world.

You’ll find our engaging, high-performance culture personally fulfilling, professionally challenging, and financially rewarding. We’re committed to diversity and equitable access to employment opportunities based on ability. Your unique contributions and talents will be valued and respected here. When you join our team, you’re helping us make the future friendly.

Note for Quebec candidates: if knowledge of English is required for this position, it is because the team member will be asked, on a regular basis, to interact in English with external or internal parties or to use English applications or software as part of their tasks.

People & Culture, Finance and Corporate Affairs

Across People & Culture, Finance and Corporate Affairs, we are the diverse and talented team responsible for making sure TELUS is managed as a world-leading organization. ​

We are honoured to be recognized

84%
2025 engagement score

150,000+
Team members worldwide

15
# of years voted One of Canada’s Best Corporate Citizens

Accessibility

TELUS is proud to foster an inclusive culture that embraces diversity. We are committed to fair employment practices and all qualified applicants will receive consideration for employment.

We offer accommodation for applicants with disabilities, as required, during the recruitment process.

📌 Vice President - Investment Management (Edmonton)
🏢 Telus
📍 Edmonton