Assistant Vice President, Real Estate Business Management and Operations

GIC Private Limited; Singapore; Hybrid; SGD 80,000 - 110,000; Full time

Job summary

A leading global investment firm in Singapore is looking for an AVP to join the Business Management & Operations team, focusing on operational due diligence for the Real Estate sector. The ideal candidate will need a university degree, at least 6 years of experience in financial services or real estate, and strong process re-engineering skills. The role involves coordinating various operational initiatives and enhancing governance standards. Flexibility in work arrangements is embraced to encourage collaboration and productivity.

Qualifications

• 6+ years of experience in internal audit, operational risk, operational due diligence, or similar within Financial Services or Real Estate.
• Strong understanding of efficiency, internal controls, and governance.

Responsibilities

• Coordinate the JV and vendor operational due diligence program for the Real Estate business.
• Support the development of the JV ODD program, including process review.
• Develop tools for monitoring and reporting on JV operational risk profile.

Skills

Process re-engineering skills

Detail-oriented

Interpersonal skills

Communication skills

Project management

Education

University degree in relevant field (business, accounting, or similar)

Job description

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.

Business Management & Operations (BMO)

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 & Operations team to develop best in class operational due diligence capabilities for the Real Estate business.

What will you do as an AVP in the Business Management & Operations 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 process 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, operational due diligence 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

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 [e-mail] 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

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.