Senior Associate/Assistant Vice President, Portfolio Strategy & Risk Group Office

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.

Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

For more information on Temasek, please visit www.temasek.com.sg

For Temasek Review 2024, please visit www.temasekreview.com.sg

For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024

Introduction

Temasek is creating a dedicated Portfolio Construction Team in the Portfolio Strategy & Risk Group Office (PSRGO) under the CIO. The Team’s mandate is to guide the overall portfolio towards a more optimal risk-return profile and enhance its income characteristics by assisting with strategic capital allocation decisions and working with investment teams to construct portfolios with complementary resilient and dynamic characteristics. The Team is looking for a Senior Associate/Assistant Vice President to support the development, implementation, and monitoring of this mandate. The successful candidate should possess a strong foundation in investment principles, quantitative methods, stakeholder management and a demonstrated passion for analyzing complex investment problems, and will be a key contributor to Temasek’s long-term portfolio objectives.

Responsibilities

• Portfolio Construction: Research, analyze, and develop strategic and tactical asset allocation frameworks to achieve portfolio goals with consideration to key factors such as asset class characteristics (e.g. returns, risks, correlations), risk tolerance, and liquidity needs. Implement, monitor and calibrate portfolio construction parameters to support the decision-making process.
• Quantitative Analysis: Develop and maintain quantitative models and tools to support asset allocation, portfolio optimization, and risk management.
• Investment Research: Conduct research on asset classes and investment strategies to evaluate how they would fit within the broader portfolio objectives. Engage with Investment Performance Management (IPM) function on historical portfolio performance and characteristics to identify and periodically update playbooks for various public and private strategies.
• Risk and Macroeconomic Monitoring: Engage with Risk and Macro Strategy functions to monitor portfolio risk exposures and evaluate how the portfolio would perform across macro regimes and stress scenarios.
• Stakeholder Engagement: Collaborate and communicate portfolio construction goals effectively with internal and external stakeholders.

• Experience in asset management, asset allocation and/or direct investments. Experience across investment stages, asset classes, funds and/or asset managers evaluation, is highly desirable.
• Expertise in investment analysis and financial modeling, coupled with the ability to generate actionable investment insights and present well-supported recommendations.
• Demonstrated interest in and working knowledge of asset allocation, portfolio optimization, and risk management methodologies and related tools.
• A collaborative team player with a proven ability to manage relationships with diverse stakeholders.