Senior Treasury Manager

Description

Help business leaders solve complex business challenges
Remote position

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 Senior Manager, Treasury, in this individual contributor role you will be primarily responsible for overseeing the global risk management portfolio and bringing multiple business units under one centralized process of operations. This will require 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 risk management 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 program and will be an integral part of TELUS’ Corporate Treasury department. 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 – Oversee and standardize processes around the execution of trading and derivative contracts across multiple business units with approved counterparties to manage currency and interest rate risk including FX spot, FX forwards, FX swaps, cross currency swaps, and other foreign exchange and interest rate products to meet hedging policy objectives and reporting requirements.
• FX Forecasting – Liaise with globally diversified business units to compile and assess monthly foreign exchange exposures on a forward looking basis and implement hedging strategies to mitigate currency risks.
• 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.
• 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 planning, execution and pricing, and post-closing activities.
• 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

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, projects and driving process improvements
• 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 
 

• Experience with SAP, Workday and LSEG Workspace
• Familiarity with IFRS accounting standards

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