Director, Private Investments

Location: St. John's

Provident
10 is the largest pension plan in Newfoundland and Labrador and one of the largest pension plans in Atlantic Canada – representing 1 in 9 Newfoundlanders and Labradorians. Our team proudly oversees the pension administration and investment management of the over $12 billion Public Service Pension Plan Fund.

What it’s like to work at Provident
10
We’re proud to have been named one of Atlantic Canada’s Top Employers in 2025, for the fourth year in a row! We earned the designation by focusing on elevating the employee experience and making Provident
10 a great place to work.

Benefits
We’re committed to offering a total rewards program to employees, including:

Membership in a defined benefit pension plan with employer matched contributions. Vested members of the Public Service Pension Plan can rest assured knowing that they will receive a predictable retirement income for life, without having to worry if their benefits will run out or be terminated.

Comprehensive health and dental plan, including new initiatives driven by a health & wellness committee, like in-house vaccination clinics and mental health support programs.

Learning and development program focused on supporting employees in reaching their career goals.

Maternity leave top-up program for new and expecting parents.

Performance management program with the potential for annual salary increases and a short-term incentive.

Progressive annual leave program with a minimum of 15 paid days.

The Opportunity
As a trusted investment leader, the  Director, Private Investments  plays a pivotal role in shaping the long-term financial strength and sustainability of the organization.

Reporting to senior leadership and working closely with the Investment Committee and Board of Directors, this individual will provide strategic direction, portfolio oversight, and thought leadership across a diversified investment portfolio.

The Director, Private Investments will lead the design, execution, and continuous enhancement of investment strategies that align with the organization’s mission, risk appetite, and performance objectives. This includes overseeing manager due diligence, compliance, and monitoring frameworks; identifying new opportunities across asset classes; and ensuring that all investment activities reflect best-in-class governance and responsible investing practices, including ESG integration.

A key part of this role is cultivating and managing relationships with external investment managers, fund advisors, custodians, and internal teams to ensure effective execution of investment mandates and seamless collaboration across stakeholders. The Director, Private Investments will oversee all aspects of manager selection, contract negotiation, performance evaluation, and transition management, ensuring that each partnership advances the organization’s investment goals and fiduciary standards.

In collaboration with internal finance and risk functions, the Director, Private Investments will lead robust performance analysis, governance reporting, and compliance oversight. They will prepare and present high-quality reports and recommendations to senior leadership, the Investment Committee, and the Board translating complex data into strategic insights that inform decision‑making and strengthen accountability.

Beyond day‑to‑day oversight, the Director, Private Investments will contribute to a culture of research and continuous improvement. They will maintain a disciplined research agenda that monitors global market conditions, economic trends, regulatory developments, and emerging investment opportunities. They will also play a lead role in reviewing and refining investment policies and procedures, driving innovation, efficiency, and excellence in investment operations.

As a people leader, the Director, Private Investments will mentor and develop a talented investment team, fostering a collaborative, high‑performance culture built on integrity, professional growth, and shared success. They will encourage innovation, build capacity, and ensure that the team remains agile and future‑focused in a dynamic and evolving investment environment.

What you’ll bring to the…