AVP/VP, Trader, Portfolio Execution Group - Fixed Income
New York, US
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.
Portfolio Execution Group (PEG)
Portfolio Execution Group encompasses multiple teams that perform a range of functional roles including trade execution, funding & liquidity management, securities financing, and applied quantitative research. This group comprises three sub-teams – Global Trading Unit (GTU), Balance Sheet Management Group (BMG), and Applied Research Unit (ARU).
Global Trading Unit (GTU)
The Global Trading Unit (GTU) is responsible for the implementation of GIC’s investment decisions across the entire public markets. GTU is one global team with desks in New York, London, and Singapore, and executes trades in equities, fixed income, currencies, and commodities. GTU’s main goals are to provide best execution to all of GIC’s portfolio managers, and to harvest & deliver differentiated market intelligence that is additive to the investment process. We are continually striving to be world-class in terms of our talent, technology platforms, and external relationships.
We are looking for a candidate with a background in Fixed Income trading to join the GTU team in New York as a Trader that focuses on fixed income trading.
What will you do as a trader?
- Partner closely with GIC’s portfolio managers across the globe to execute trades during the New York timezone in cash bond and derivatives across DM rates, credit, EM locals, Converts, Mortgage, Loans, FX, Repo, in both OTC and listed products.
- Harvest and deliver differentiated market intelligence on specific markets, as well as macro themes to GIC’s portfolio managers and senior management, taking part in conversations across departments.
- Work closely with colleagues from the Applied Research Unit (ARU) and Technology Group (TG) to (A) gain insights from GTU’s trading data in order to continuously sharpen execution, and (B) further improve upon GTU’s trading technology suite in areas such as automated trading, pre- and post-trade checks, and market surveillance.
- Build and maintain strong relationships with GIC’s counterparties and liquidity providers using strong interpersonal and communication skills.
What qualifications or skills should you possess in this role?
- 5-10 years of trading experience, preferably in Fixed Income/FX.
- Ability to communicate clearly and effectively in both verbal and written form, with strong people skills for relationship building.
- Enjoy problem-solving and be detail-oriented, with strong critical-thinking skills.
- Ability to multitask, prioritize, filter information overflow at all times. Be able to handle pressure in a fast-moving environment.
- Affinity to take intra-day and inter-day market timing risks in order to deliver strong execution outcomes and be accountable for one's decision.
- Enjoy working as part of a diverse team to bounce ideas on execution strategies, market colour, views and projects to reach optimized solution(s).
- Programming skill and passion for data and technology would be a plus.
Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.
Flexibility at GIC
At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.
We are an equal opportunity employer
As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.
Compensation
Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results. Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $171,200 and $295,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.
Learn more about our Portfolio Execution Group Department here: