A completions assembly that includes an extendable and retractable shifting tool at a lower end of an upper completion. Outfitted with this type of tool, the upper completion may be sealably landed out at an installed lower completion without prematurely opening an isolation valve that ensures well control thereat. Rather, the full completions assembly may be finished out and the valve later opened by extending of the shifting tool from the upper completion toward the isolation valve at the lower completion. Once more, this type of well control is achieved through use of hydraulic lines that are dedicated to the upper completion even though the isolation valve is located therebelow. As a result, the extended use of hydraulic couplings and other complex or wear-prone well control architecture may be largely avoided.