Portfolio Manager Emerging Market Macro

Gic; Singapore; Sur place; GBP 150 000 - 230 000; Plein temps

Résumé du poste

GIC in the United Kingdom seeks an experienced Emerging Markets Portfolio Manager for its Global Macro team. You will manage a discretionary macro portfolio across rates, FX, and sovereign credit in CEEMEA, translating macro views into timely, hedged exposures while maintaining strict risk controls.

The successful candidate will work with strategists and economists, build a senior network with central banks and brokers, and present performance drivers and risk metrics to senior leadership.

Qualifications

• 10–15 years of discretionary macro portfolio experience.
• Strong CEEMEA macro knowledge and networks.
• Deep understanding of swaps, futures, options for hedging.
• Excellent communication to CIO-level audiences.
• Experience mentoring junior professionals.
• Fluency in English; additional languages a plus.

Responsabilités

• Manage a discretionary portfolio across rates, FX, and sovereign credit.
• Identify macro and micro opportunities across yield curves and FX.
• Set regional macro framework for CEEMEA macro policy and risk.
• Manage risk with position sizing and hedging within risk parameters.
• Collaborate with strategists to translate macro themes into ideas.
• Execute trades with delta-hedging across instruments.
• Build external network with central banks and brokers.
• Contribute to cross-regional themes in portfolio construction.
• Communicate views, performance drivers, and risk metrics to senior management.

Connaissances

Macro portfolio mgmt

CEEMEA expertise

Derivatives hedging

Executive communication

Mentoring juniors

English fluency

Description du poste

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.

Fixed Income
Our team employs a broad range of investment strategies that span macro, credit, and quantitative investing, including multi-asset, benchmark-agnostic, constrained, indexed, and thematic strategies.

Global Macro

We are seeking an experienced Emerging Markets Portfolio Manager to join our Global Macro investment team. The successful candidate will be responsible for generating alpha through active management of rates, FX, and sovereign credit in emerging markets. This is an investment role with P&L accountability and a substantial discretionary risk mandate.

Key Responsibilities

• Manage a discretionary portfolio across rates, FX, and sovereign credit, translating macro and political-risk conviction into sized, hedged portfolio exposures.

  Identify and implement macro and micro-driven opportunities across yield curves, FX pairs, and volatility surfaces.

  Set the region's macro framework by developing views on monetary policy, fiscal trajectories, and political risk across CEEMEA (Central and Eastern Europe, the Middle East, and Africa) economies, and maintain the analytical edge that underpins portfolio decisions.

  Manage risk with full accountability for position sizing, hedging, and drawdown management within mandate guidelines and departmental risk parameters.

  Collaborate with strategists and economists to translate macro themes into actionable trade ideas.

  Execute trades efficiently across linear and non-linear instruments with diligent delta-hedging capability.

  Build and maintain a senior external network by engaging central banks, policymakers, sell-side research, and brokers across the region to sustain deal flow and market intelligence.

  Contribute to cross-regional themes and relative value trades, bringing a CEEMEA perspective to broader portfolio construction discussions.

  Communicate portfolio views, performance drivers, and risk metrics to senior management and investment committees.

What qualifications or skills should you possess in this role?

• 10–15 years' experience managing discretionary macro portfolios, with deep, demonstrated expertise in CEEMEA

  Strong, consistent track record managing a sizeable discretionary portfolio (rates, FX, and/or sovereign credit) with a disciplined portfolio management framework.

  Strong macroeconomic foundations in CEEMEA economies, central bank policy frameworks, and political risk analysis, with an established network of senior regional contacts.

  Strong market acumen with an in-depth understanding of derivatives (swaps, futures, options) used for hedging and expressing views.

  Excellent communication skills, with the ability to present to CIO-level audiences and articulate complex macro views with clarity and conviction.

  Demonstrated experience mentoring or managing junior investment professionals.

  Fluency in English required; additional regional languages (Russian, Arabic, Turkish, etc.) a plus.

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

We aim to make our recruitment process accessible to everyone. If you need a reasonable adjustment at any point in the application, assessment or interview process, please to submit a request. All information provided is confidential, restricted to our HR team, and will not impact your candidacy. Please refer to our Privacy Statement for more information.

Learn More

Learn more about our Fixed Income Department here: https://gic.careers/group/fixed-income/