SVP, Total Portfolio Risk

GIC Private Limited; Singapore; Hybrid; SGD 150,000 - 200,000; Full time

Job summary

A leading global investment firm in Singapore seeks a Senior Leader for their Risk & Performance Management Department. This role demands over 15 years of relevant experience in front office and risk management, with a strong focus on quantitative analysis and the ability to lead diverse teams. Responsibilities include ensuring effective risk oversight and managing comprehensive portfolios. The company promotes a flexible work environment to foster innovation and collaboration among its teams.

Benefits

Flexible work arrangements

Professional growth opportunities

Qualifications

• At least 15 years of relevant experience in front office and/or senior risk management.
• Strong quantitative background in statistical and risk modelling.
• Demonstrated ability to manage a large diverse team effectively.

Responsibilities

• Support the CRO in risk oversight and ensure risks are managed effectively.
• Manage teams focused on risk methodologies and quantitative tools.
• Evaluate climate risk impacts across various asset classes.

Skills

Risk Management

Quantitative Analysis

Portfolio Management

Decision Making

Job description

Job Function: Risk & Performance Management Department

Job Type: Permanent

Risk and Performance Management Department

The Risk and Performance Management Department (RPMD) is responsible for the independent assessment, measurement, monitoring and reporting of GIC’s investment, credit and operational risk profiles. We are looking for a dynamic and self-motivated candidate to join the Enterprise Risk and Performance team (ERP).

The ERP team is responsible for providing an independent and objective view of the investment risk and performance drivers of the total portfolio, including all other activities outside of active strategies. In addition, ERP provides oversight for leverage and liquidity risk at the total portfolio.

These are in support of the following key mandates:

• Support the CRO in risk oversight and ensure that risk is identified, authorized and where relevant compensated at the total portfolio.
• Aggregate risks across different components of the portfolio, to facilitate a clear understanding of how various investment actions influence the risk and return of the total portfolio.
• Support the GCIO in managing the total portfolio, specifically identifying portfolio concentrations and avoid losses and/or structural impairment beyond established risk appetite, on order to allow the total portfolio to achieve its long-term return objective.
• Ensure proper and thorough risk governance of activities for the total portfolio.

Responsibility to provide leadership to the following teams:

• A team of risk managers focused on total portfolio, and corporate strategies who:
• Design performance and risk methodologies and build quantitative tools at the product and portfolio level.
• Provide independent performance analysis and assessment, risk identification and analysis, model risk quantification, stress testing, etc.
• Assess and guide the approval of new product and models, strategy mandate and guidelines.
• Contribute significantly to hedging proposals, allocation decisions, and investment initiatives at key business and risk meetings and committees.
• Manages omega activities such as managing asset and FX rebalancing flows and ensuring sufficient liquidity.
• Manages client requests such as new investment initiatives and client injections and withdrawals.
• A team of product managers, risk quants, focused on driving the strategic buildout of total portfolio risk analytics product who:
• Coordinate between the asset allocators, top-down and bottom-up investment risk managers to research, develop and prioritise new methodologies and risk analytics.
• Rollout best-in-class capabilities to ensure that timely, detailed and comprehensive risk information is delivered to stakeholders as part of RPMD’s risk capability building and business transformation, and GIC’s data modernization efforts.
• A team of climate risk managers, who are focused on the impact of climate change on the total portfolio who:
• Estimate the top-down and bottom-up impact of climate change across a range of asset classes and scenarios, based on informed views of long-term sustainability trends, data and quantitative modelling.
• Assess the methodological rigor and scope of various external vendor models, across transition and physical risk, ensuring relevance and applicability to the total portfolio.
• Enhance and develop relevant climate change metrics, across the total portfolio and work with the sustainability office to integrate it into front office investment processes.

As part of the senior leadership, you will also be an important participant in significant management committees at the GIC level.

What qualifications or skills should you possess in this role?

• At least 15 years of relevant experience in Front office (portfolio management, trading) and/or senior Risk Management roles within financial institutions.
• Proven experience in making decisions, leading consensus building, negotiating and executing critical initiatives. Have demonstrated ability to drive accountability and results.
• Strong quantitative background on statistical and risk modelling, portfolio construction and product valuation.
• Strong market and product knowledge, with demonstrated ability to be multi-asset class.
• Strong appreciation and conviction in the importance of risk considerations in business decisions.
• Strong intellectual ability to handle the conceptual demands spanning information granularity at instrument/deal level to complexities at total portfolio level.
• Demonstrated experience, ability and versatility to manage a large diverse team of financial professionals across a broad range of specialization.
• Ability to drive systems and technology development and innovation, and work with technology and technical specialists in execution.

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 [e-mail] 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/