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Manager, Exploration - Commercial


Vancouver, British Columbia, CA

Closing: April 21, 2024

The Manager, Exploration - Commercial is responsible for providing leadership, support and mentorship to the Global Exploration group on all commercial matters related to exploration evaluations, valuation metrics, capital markets and commercial deal structures through targeted research and analysis that improve decision making and performance in capital allocation. The incumbent is responsible for ensuring that Global Exploration offices and operations align with corporate policy and local regulations as they relate to commercial activities, and proactively identifying ways of improving commercial services and business processes across all of these offices. 


The incumbent will provide financial analytical support and perspective to (1) the analyses of a broad range of strategic, economic, financial and business activities including analysis of Global Exploration investment decisions; and (2) the identification, evaluation and follow-up of opportunities with an overall goal of acquiring or advancing high quality Global Exploration assets that have the potential to deliver high margin and high value assets that will provide growth for the Company.


This position reports to the Director, Exploration - Commercial & Evaluations, and is based in Vancouver, BC, with the option to work remotely up to two days per week, as well as completely remote from anywhere for two weeks of the year.



  • Develop a comprehensive understanding of Teck’s Global Exploration assets and projects;
  • Work with the Exploration Management team in the management of junior mining partnerships, including leading commercial negotiations and development and assessment of business structures related to exploration stage opportunities;
  • Provide economic analyses and direction for investment decisions, exploration investment proposals, and other investment studies on projects or acquisitions;
  • Provide financial evaluation expertise, direction and support to all exploration projects and evaluations on an as required basis;
  • Review business evaluations to identify critical value and risk drivers and assess sensitivities to critical assumptions;
  • Manage Teck’s exploration-focused equity investment portfolio;
  • Manage Teck’s royalty portfolio;
  • Prepare presentations and information packages to assist senior management in decision making;
  • Build relationships across the organization and assist with developing junior staff by providing training and mentorship;
  • Maintain a broad international network of industry contacts for intelligence and business purposes to promote Teck as a partner of choice for new opportunities as they arise.
  • Be a courageous safety leader, adhering to and sponsoring health, safety, and environmental procedures.


  • A Bachelor’s or Master’s degree in Business or Geoscience, and 15+ years of relevant industry work experience;
  • An MBA or a Chartered Financial Analyst (CFA) designation is an asset but not a requirement;
  • Ability to review and analyze mineral exploration press releases, regulatory filings, feasibility studies, NI43-101 reports, investor presentations and analyst reports in order to perform analysis leading to investment decisions;
  • Familiar with analytical methods and concepts in finance and be able to apply economic, accounting, financial and investment principles to the solution of corporate business problems. 
  • Experience in quantitative valuation analysis with comprehensive qualitative analysis to arrive at a recommendation;
  • Ability to proactively manage equity investment and royalty portfolios within the context of prevailing market conditions and relevant portfolio strategy;
  • A solid understanding of capital markets, including valuation multiples and capital structures for publicly traded companies, including junior, operating, and royalty companies;
  • A dedication to Teck's "partner of choice” approach and philosophy with respect to partnership, joint ventures and transactions, including relationship management and market positioning;
  • A strong record of tracking and analyzing the position and activity of competitors within the industry across commodities and jurisdictions; 
  • Outstanding oral and written English language communication skills. Additional language skills (particularly Spanish) will be considered an asset but not a requirement.


Leadership Competencies:

  • Flex between leading through influence and direct management, and demonstrate a variety of communication styles and approaches to build relationships and trust;
  • Effectively delegate responsibilities while managing performance and mentoring for success;
  • Understand the needs of the business (short-, mid- and long-term), develop and implement associated strategies and tactics, and be change agile;
  • Leverage strong communication, facilitation and interpersonal skills to work with diverse groups;
  • Work effectively in multi-disciplinary team environments and to develop collaborative working relationships with multiple stakeholders and other departments in the Company;
  • Model a results-oriented approach with excellent organizational, planning, program management and decision-making skills;
  • Demonstrate a high degree of initiative, self-motivation, accountability and independent judgment;
  • Understand how to get things done through formal channels, applying key practices, policies and procedures to achieve objectives; 
  • Take a long-term, strategic and innovative view and acts as a catalyst for organizational change.

Why Join us?


At Teck, we offer more than just a job – we provide a pathway to personal and professional enrichment. With captivating projects set against stunning backdrops, a culture of inclusivity and collaboration, and boundless opportunities to learn and grow, joining us means embracing a fulfilling and dynamic career adventure.


Teck employees receive access to our total rewards program and comprehensive benefits package that promote physical, mental, financial, and emotional well-being. This includes but is not limited to: 

  • Annual Performance Bonus
  • Profit Share Plan
  • Health Spending Account  
  • Personal Spending Account
  • Extended Health Care  
  • Dental and Vision Care
  • Employer Paid Pension Plan
  • Life Insurance and Disability Coverage 
  • Paid Sick Leave, Vacation and Holidays     
  • Virtual Telemedicine and additional support for overall well-being
  • Employee and Family Assistance Program (EFAP)     

Salary Range: $157,000 - $194,000

The actual base salary offered is determined based on the successful candidate’s relevant experience, skills, and competencies and considers internal equity.

About Teck

At Teck, we value diversity. Our teams work collaboratively and respect each person’s unique perspective and contribution. Qualified applicants interested in joining a dynamic team are encouraged to submit a resume and cover letter electronically. We wish to thank all applicants for their interest and effort in applying for the position; however, only candidates selected for interviews will be contacted.


Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal and zinc, as well as investments in energy assets. Teck has been named one of Canada’s Top 100 Employers for the six consecutive years. Teck has also been named to the Forbes list of the World’s Best Employers for the past two years and is one of Canada's Top Employers for Young People. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK.


Learn more about Teck at or follow @TeckResources

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