AVP, Real Estate Business Management & Operations

Location: 

Singapore, SG

Job Function:  Real Estate
Job Type:  Permanent
Req ID:  15775

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 Business Management & Operations team plays a vital role to provide business management and transaction execution support to Real Estate Investment Professionals globally. This includes developing governance structures for the Real Estate business, propagating industry best practices, improving efficiency by process design, coordinating deal execution and closings, and overseeing the process of identification and presenting data to ensure GIC Real Estate continues to retain its competitive edge. The team also manages the Real Estate portfolio insurance program to ensure appropriate protection of downside risks. We are looking for a suitable candidate to join our Real Estate Business Management team & Operations team to develop best in class operational due diligence capabilities for the Real Estate business.

 

Wha will you do as an AVP in the Business Management team?

  • Co-ordinate the JV and vendor operational due diligence (ODD) program for the Real Estate business
  • Support the continued development of the JV ODD program, including but not limited to the processes review and improvement
  • Develop monitoring and reporting tools for better oversight of JV operational risk profile
  • Review internal audit observations, co-ordinate business responses to internal audits and enhance governance standards for Real Estate
  • Support periodic reviews of internal processes to enhance efficiency and / or controls, benchmarking processes to market best practices
  • Proactively consider and implement process improvements, drive technology initiatives to achieve efficiencies and economies of scale
  • Involved in any adhoc initiatives as directed by the Head of RE BMO

 

What makes you a successful candidate?

  • University degree in relevant field (business, accounting, or similar)
  • At least 6 years of relevant work experience in internal audit, operational risk or similar vocation within Financial Services or Real Estate
  • Strong process re-engineering skills with good understanding of efficiency, internal controls and governance
  • Detail-oriented with ability to work independently and manage projects
  • Team player with good interpersonal and communication skills
  • Inquisitive self-starter, with ability to work in a fast-paced environment
  • Ability to drive co-ordination and project manage amongst multiple stakeholders

 

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

All applicants who qualify for the role will receive consideration for employment without regard to race, age, religion, sexual orientation, gender identity/expression, socio economic background or disabilities.  GIC (Europe) is proud to be a Disability Confident Employer. Please email HRLDO@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability

 

Learn more about our Real Estate Department here: https://gic.careers/group/real-estate/

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.