Associate, Transaction Manager, Private Equity

Location: 

New York, US

Job Function:  Private Equity
Job Type:  Permanent
Req ID:  16045

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations 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.

 

GIC Private Equity

We deploy capital in areas where we can utilize our comparative advantages, namely, a long investment horizon, global presence, sector expertise, as well as skilled, and experienced teams.

 

Transaction Management

The role of a Transaction Manager (“TM”) in GIC is to work in-step with the investment teams to project manage the smooth and timely closings of investments within the GIC private markets.

 

The Transaction Manager will execute a variety of projects and tasks related to deal closing and investment operations across a number of strategies:

 

Responsibilities:

  • Work in close partnership within the global Transaction Management team to enhance and automate key operational processes, develop and enhance process management and fund reporting targeting both efficiency and scale.

  • Manage the flow of information via the centralized inbox for fund and client investment communication.

  • Be the go-to resource for all process queries or application of processes and policies.

  • Collaborate with internal teams to ensure timely exchange of KYC documentation and funding for new investments, evidence of deal closings and resolution of any queries.

  • Be the main middle office point of contact for external counterparties such as counsels, custodians, and KYC / AML agents to receive and process equity transaction documents and funding on a timely basis.

  • Collect, record, update and reconcile quantitative and qualitative investment data for use in reports, projections, and analyses, maintain fund databases.

  • Liaison with deal teams on timing of new investment approvals and closing requirements to operationalize.

  • Accurately manage processing and reconciliation of investment commitments, financial crimes, and compliance (FCC) requests, and audit findings.

  • Ensure accurate and timely funding information to external partners to facilitate deal closing.

  • Upload complete records of closing documentation to the document management system.

  • Ensure daily/monthly deliverables/tasks are managed globally with consistent communication across London and Singapore.

 

Advantageous to have:

  • General familiarity of the investment sector and general knowledge of private sector investing.

  • Interest in working on projects in a fast-paced environment as part of a global team.

  • Awareness documentation of private transactions, company secretarial practices and the nuances of private market transactions.

  • Appreciation of KYC and FCC market standards.

  • Excellent communication and organizational skills with the ability to handle multiple tasks and deals at any given time.

  • 2-5 years’ experience middle office support in fund administration, operations, and/or, process management

 

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 $90,000 and $110,000.  Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.

 

Learn more about our Private Equity Department here: https://gic.careers/group/private-equity/

Our PRIME Values

Our PRIME Values

GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.