AVP, Applied Research Unit, Portfolio Execution Group


Singapore, SG

Job Function:  Portfolio Execution Group
Job Type:  Permanent
Req ID:  15320


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.


Portfolio Execution Group

Portfolio Execution Group comprises teams involved in a broad range of functional roles including trade execution, treasury management, securities financing, beta replication and asset rebalancing, and applied quantitative research.


Applied Research Unit

You will be part of the centre of excellence for quantitative research, specifically in the areas of market microstructure analysis and investment implementation solutions. Our in-house state of the art research and data analytics platform plays an integral role in driving GIC’s investment teams in their investment decisions.


What will you do?

We are seeking a suitable candidate to support the Applied Research Unit’s growth with a focus on applying quantitative methods to solve varied problems centered on implementation and execution. The role is based in Singapore.

  • Collaborate with current team members, working together to create innovative solutions and frameworks covering topics such as transaction cost and market impact modelling, liquidity forecasting and optimal execution for a diverse group of internal stakeholders across asset classes and trade horizons
  • Be involved in all phases of project lifecycle from idea generation and socialization through to validation and productionization. Ideal candidates will use an ownership mindset to see projects through to completion while displaying flexibility and teamwork
  • Contribute to existing workflows and models as well as supporting the team with its regular deliverables, which are relied on by investment teams to inform their decision making
  • Leverage our best-in-class, in-house analytics platform and proprietary data to develop insights into market structure trends and events which are relevant to GIC
  • Implement statistical and machine learning models for microstructure factors and signals, partnering with traders to design and evaluate the outcomes of execution and automation experiments. Make proposals to optimize and enhance our trading and implementation processes
  • Become a trusted voice in team discussions and show a willingness to share your ideas and challenge the status quo while respectfully considering the views of others
  • Connect with traders, portfolio managers and risk managers to understand their needs and create appropriate solutions


What qualifications or skills should you possess in this role?

  • 4 to 6 years’ experience in an analyst, strategist, trader, or researcher role
  • Good intuition around data and visualization
  • Excellent written and verbal communication skills
  • Experience in manipulating and applying statistical and machine learning techniques to large datasets, preferably including intraday data
  • Ability to code independently in languages such as R, Python, SQL, kdb/Q
  • A strong interest in financial markets and current events
  • Familiarity with execution algorithms, algo wheels and systematic counterparty selection is preferred but not essential
  • Knowledge of FX market structure preferred but not essential


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.


Learn more about our Portfolio Execution Group​ Department here: https://gic.careers/group/portfolio-execution-group/

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.