Associate/AVP, External Managers, Portfolio Manager - Credit

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.

External Managers Department

The External Managers Department seeks to identify and develop relationships with the best breed of global investment managers to benefit GIC at large, and at the same time capturing investment opportunities to outperform our benchmarks.

We are looking for a suitable candidate to join our team as a Credit Portfolio Manager. The candidate will be part of the investment team which invests in funds run by external managers. Portfolio manager responsibilities include conducting manager selection and strategy due diligence, as well as structuring and monitoring fund investments.

While the role will be focused on credit funds that invest in structured credit and other securitized products strategies including US residential mortgage related strategies, the candidate will get exposure to other asset classes including equities, macro, and quant.

The role will be based in Singapore.

What impact can you make in this role?

You will be part of the GIC’s internal investment function where we award investment directives to external fund managers whose ability complements our own capabilities. We embrace an active investing approach for funds under external management to outperform public market benchmark indices.

What will you do as a Credit Portfolio Manager?

• Sourcing and performing due diligence on prospective external fund managers, including meeting managers and their teams, conducting reference checks, performing qualitative manager and strategy analysis, and performing quantitative track record analysis
• Monitoring existing investments, including having regular updates with managers, highlighting key matters to the Investment Committee, constantly re-evaluating original investment thesis, and making timely recommendations
• As part of the credit team, evaluating potential investments and co-investments in funds by performing quantitative and qualitative analyses on individual fund managers and a portfolio of managers
• Performing strategy level analysis, including periodic research, portfolio risk analysis, and surfacing macro insights to the team and GIC at large
• Underwriting and portfolio management of hedge funds and other alternative asset managers

What qualifications or skills should you possess in this role?

• At least 3 to 5 years of credit experience, preferably on the buy-side or sell-side
• Previous training as a Credit analyst or Portfolio Manager or experience in an Investment Banking team would be preferred
• Prior Fund or direct investing experience is an advantage but not mandatory
• Strong financial modeling skills
• Excellent analytical ability, strong writing and communication skill, high attention to detail
• Be highly motivated, intellectually curious about markets and investing
• An independent thinker who can articulate his/her views well, both in verbal and written form
• While comfortable working independently, the candidate should also be a strong team player with ability to collaborate and work well in a team

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 External Managers Department here: https://gic.careers/group/external-managers-department/