Job Description

Description

Help business leaders solve complex business challenges

Join our team

TELUS Corporate Treasury is the place for you to grow your career. As a member of the TELUS corporate finance and risk management team, reporting to the Director, Treasury, you will be responsible for analyzing and optimizing financial outcomes by partnering with key external and internal stakeholders including Financial Reporting, Legal, Corporate Development, Tax, Investor Relations, and Financial Partners to achieve our corporate financial goals. To be successful in the role, the candidate\'s strong entrepreneurial spirit, analytical mindset and demonstrated organizational skills will be supported by the ability to make real-time, business-impacting decisions amidst competing priorities.

Here\'s the impact you\'ll make and what we\'ll accomplish together

TELUS Corporate Treasury is responsible for managing banking relationships and optimizing the firm\'s balance sheet including the raising of bank debt, public debt, securitization and equity capital to meet the needs of our underlying growing global business. In addition, Treasury is responsible for facilitating payments, managing the short term liquidity of the firm and hedging currency and interest rate risk.

This position supports the TELUS Work Styles flexible work (hybrid) program and will be an integral part of TELUS\' Corporate Treasury department based in Vancouver, BC. The successful candidate will leverage existing risk management, capital markets, and cash management expertise to self-manage responsibilities, proactively champion initiatives, coordinate corporate activities with team members, foster internal and external relationships, and be a strong contributor in the role. Periodic interactions and presentations with senior leadership necessitates strong communication and interpersonal skills. Backfilling other TELUS treasury team member roles during vacation and other absences will be required. This is an excellent opportunity to join the TELUS Treasury team to help shape an increasingly complex and international business footprint with continued growth opportunities into leadership roles.

Here\'s how

• Risk Management, Derivatives, & FX Trading - Autonomously execute trading and derivative contracts with approved counterparties to manage currency and interest rate risk including FX spot, FX forwards, FX swaps, option structures, cross currency swaps, and other foreign exchange and interest rate products to meet hedging policy objectives and reporting requirements
• FX Forecasting - Liaise with TELUS business units to compile and assess monthly foreign exchange exposures on a forward looking basis and implement hedging strategies to mitigate currency risks
• Capital Markets - Critical involvement in the planning and execution of any debt and equity capital markets activity including due diligence requirements, market update calls, transaction execution and pricing, and post-closing planning and diligence activities
• US Commercial Paper Program Management - Lead daily management and execution of the US Commercial Paper program including transacting with CP dealers, utilizing the IPA platform, executing FX swaps, and maintaining US CP reporting requirements
• Liquidity Management, Cash Positioning & Short-term Cash Forecasting - Utilize the Treasury Management System and forecasting tools to ensure of adequate day-to-day liquidity, plan and optimize daily cash positioning, maximize interest earned on surplus funds, raise short-term debt through a variety of liquidity sources including US Commercial Paper program, A/R Securitization program, and credit facilities, forecast future financing requirements, and execute cash deposit and money market investment strategies all in accordance with TELUS governance policies
• Subsidiary Cash Management - Optimize subsidiary cash balances by coordinating with multiple stakeholders including business units, taxation, and legal to move cash positions frequently, both domestically and cross border
• Critical Payment Transactions - Reliably and seamlessly plan, coordinate and transact critical payments, including but not limited to dividend payments, bond coupons and maturities, M&A, and other regular and ad hoc disbursements
• Quarterly Treasury Financial Reporting - Oversee and compile all Treasury quarterly reporting activities including mark-to-market (MTM) calculations and sensitivities, counterparty exposure reporting, cash and debt balance verifications, covenant compliance, as well as other necessary reporting functions as required to support the Corporate Accounting and Financial Reporting teams
• Trade Finance Activity - Support business unit requests by coordinating and executing letter of credit requirements with relationship banking partners
• Intercompany Loans and Financing Arrangements - End-to-end management of intercompany loans and financing arrangements including establishing intercompany loan agreements, calculating and preparing monthly accrual entries supporting the Corporate Accounting team, and managing periodic settlement obligations as required
• Mergers & Acquisitions Treasury Support - Support the TELUS banking services team by liaising with TELUS banking partners and credit card merchant acquirers, TELUS business units and acquired entities to review cash forecasts and coordinate new and existing subsidiary banking cash management arrangements to operate seamlessly under the TELUS umbrella

Qualifications

You\'re the missing piece of the puzzle

• Strong interpersonal skills to build good working relationships and influence others at all levels of the organization as well as foster external banking relationships
• Ability to manage multiple deliverables to meet deadlines and goals in a fast-paced, ever-changing, and sometimes ambiguous environment
• Self-starter with demonstrated experience proactively leading activities and projects
• Experience working well in a cross-functional team environment, as well as with minimal supervision to accomplish goals
• Immaculate attention to detail required to minimize errors in a critical cash-impacting and financial decision-making capacity
• Willingness to own the deliverables you manage and evolve them by working with our partners through continuous process improvement
• Aptitude to work with large amounts of data and to manage it effectively
• Passion to deep-dive into financial details combined with the ability to step back and synthesize data to make meaningful recommendations
• 5+ years of combined Treasury responsibilities spanning FX and derivative trading and reporting, capital markets activity, cash management and forecasting processes
• Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint) and Google Workspace (Gmail, Sheets, Docs, and Slides)
• CFA and/or CPA designation(s)
• Working knowledge of Treasury Management Systems and Bloomberg

Great-to-haves

• CTP designation or MBA
• Experience with SAP and Refinitiv Workspace
• Familiarity with IFRS accounting standards

A bit about us

We\xe2\x80\x99re 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\xe2\x80\x99ll find our engaging, high-performance culture personally fulfilling, professionally challenging, and financially rewarding. We\xe2\x80\x99re 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\xe2\x80\x99re helping us make the future friendly.

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. \xe2\x80\x8b

We are honoured to be recognized

84%
2021 engagement score

130,000+
Team members worldwide

10
# of years voted One of Canada\xe2\x80\x99s 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.

Telus