VP, Asset Management, Real Estate - Korea

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.

Real Estate 
We were an early entrant among institutional investors in real estate including traditional private real estate (brick-and-mortar assets), public equities, real estate investment trusts, and real estate-related debt instruments.

What impact can you make in this role?
The key role of the Korea Real Estate team is to implement GIC RE's strategy to build its global real estate portfolio, with the primary objective of achieving superior long-term risk adjusted returns. 
We are looking for a suitable candidate to join our Korea Real Estate Team as a Vice President for Asset Management. 

What will you do as an Asset Manager with Real Estate Korea?

•Responsible for the day-to-day operational management of existing real estate portfolio in Korea with JV partners and external managers including revenue and cost drivers, leasing, development, capex, ESG strategy and financing
•In partnership with the Investment team, participate and provide strategic direction in regular or board meetings of JV partners and external asset management companies
•Review annual business plans/budgets and supervise internal sign-off
•Monitor and oversee revenue and cost drivers
•Coordinate asset annual valuation, performance review, internal audit, and cash management
•Conduct and prepare internal analysis of the portfolio, including  sell-hold analysis and any other asset management issues
•Lead divestment of assets or portfolio, if any
•Identify and analyse trends in the industry and recommend asset management strategies and opportunities
•Develop and maintain relationships with portfolio companies / JV partners / operating partners/ external asset management companies

What qualifications or skills should you possess in this role?
•8+ years of relevant asset management experience and thorough understanding of Korea real estate market
•Proven track record asset managing real estate portfolios (across different asset classes), both stabilizing assets and greenfield development
•Demonstrates a good understanding of current ESG trends and regulations pertaining to Real Estate
•Strong project management, financial and analytical skills with an eye for details
•Excellent ability to build strong internal and external relationships
•Strong written, verbal, and interpersonal communication skills
•Bachelor’s degree with honours from a top university or college
•Good team player with the ability to be self-directed and work independently

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.
 
GIC is an equal opportunity employer
GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Please email grphrodtaops@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability.
 
Learn More
Learn more about our Real Estate Department here: https://gic.careers/group/real-estate/