AVP/VP, Total Portfolio Risk

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.

Risk and Performance Management Department

We work collaboratively across teams to help guard against blind spots and ensure that all relevant risks are considered and duly addressed.

Enterprise Risk & Performance

You will provide an independent and objective view of investment risk and performance drivers of the GIC Portfolio.

What impact can you make in this role?

You will be part of a team that is responsible for the independent assessment, measurement, monitoring, and reporting of GIC’s market, credit, and operational risk profiles.

What will you do as a Total Portfolio Risk Manager?

Provide quant analysis to inform portfolio construction and risk-taking decisions, and develop performance attributions:

• Develop forward-looking views across a range of asset classes, based on informed views of short-term and long-term trends, market structure, data and quantitative modelling

• Study and provide insights to key risk drivers for the portfolio, in relation to risk premia across factor, risk asset, country/currency dimensions

• Develop and enhance additional risk measures as tools for portfolio construction and risk management, and explore research-centric risk analytics useful for the total portfolio

• Create performance attributions for total portfolio and selected portfolios, to provide insight on performance drivers

Expand, improve and maintain enterprise level stress scenario framework:

• Review and improve the stress testing approach for both historical and forward-looking scenarios in a factor-based, cross-asset, multi-period setting
• Expand on existing suite of risk scenarios to increase awareness of plausible outcomes and portfolio implications
• Risk profile and tailor scenarios for selected portfolios which require in-depth analysis
• Maintain relevance of scenario narratives, review of shocks and smooth running of risk engine computations

What qualifications or skills should you possess in this role?

• Graduate Degree in an analytical, financial and/or technical field such as Economics, Finance, Physics, Math, Statistics, Engineering etc is preferred
• At least 5 years of relevant experience in a quantitative or analytical role. Buy-side exposure will be an advantage.
• Experience in analysing risk factors, and modelling risks such as volatility, tracking error and stress scenarios is preferred. A working knowledge of multi-asset modelling would be assessed favourably.
• Competent in analysing and manipulating time series and panel data, statistical distributions and correlations. Proficiency in a statistical computing environment such as R or Python is helpful.
• Strong communication and presentation skills (written and verbal). Exhibit the ability to explain analytical or quantitative concepts in simple, practical and high impact manner.
• Proactive individual, with high level of self-motivation, highly organized, and able to adhere to tight deadlines.
• Critical to have the ability to sell important ideas and influence outcomes 
• Keen attention to detail, strong work ethic, and effective team player in a fast-paced environment.
• Strong ethical compass, demonstrable integrity and a commitment to doing the right thing

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.

GIC is a Great Place to Work

At GIC, we believe sustainable high performance is driven by high expectations and a commitment to excellence, as well as empowerment and flexibility. As such, we currently operate under a hybrid model in which most employees spend 3-4 days in office and 1-2 days working from home each week. This balance allows us to preserve the ‘office as a hub’ for ideation, professional growth, and interpersonal connection, while giving our employees the flexibility to do their best work and be their best selves.

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 Risk & Performance Management Department here: https://gic.careers/group/risk-performance-management/