Associate - VP, External Managers, Macro/Fixed Income - Portfolio Manager

GIC; Singapore; Hybrid; SGD 180,000 - 240,000; Full time

Job summary

GIC is seeking a Portfolio Manager to join the Global Markets Team in Singapore. You will manage investments in funds run by external managers, provide thought leadership on portfolio construction, and perform due diligence and monitoring to outperform benchmarks.

The role focuses on discretionary macro, fixed income and agency mortgage strategies, with exposure to other strategies. The position is based in Singapore and offers office-4-days-per-week flexibility with work-from-home options.

Qualifications

• 4–7 years of fund allocator experience in macro investing and/or fixed income capital markets.
• Strong financial modelling and programming skills.
• Excellent written and verbal communication.
• Independent thinker with the ability to articulate views clearly.
• Highly motivated, intellectually curious, and able to multi-task.

Responsibilities

• Sourcing and performing due diligence on prospective external fund managers.
• Monitoring existing investments and providing updates to the Investment Committee.
• Performing portfolio, risk, and strategy analyses and discussing portfolio innovations.
• Conducting macro insights research and communicating findings to the team and GIC.

Skills

Fund allocator experience

Macro investing

Fixed income capital markets

Financial modelling

Programming skills

Writing & communication

Independent thinking

Team collaboration

Job description

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.

What impact can you make in this role?

We are looking for a suitable candidate to join the Global Markets Team as a Portfolio Manager. The candidate will be part of the investment team which invests in funds run by external managers. Portfolio manager responsibilities include providing thought leadership on portfolio construction, conducting new manager selection and strategy due diligence, as well as structuring and monitoring existing fund investments.

While the role will be focused on discretionary macro, fixed income and agency mortgage strategies, the candidate may also get exposure to other strategies including relative value and commodities.

The role will be based in Singapore.

What will you do as a 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
• Performing quantitative and qualitative analyses on portfolios and leading discussions on portfolio innovations including portfolio construction, trade structuring and risk management
• Performing strategy level analysis, including periodic research, portfolio risk analysis, and surfacing macro insights to the team and GIC at large

What qualifications or skills should you possess in this role?

• 4 to 7 years of fund allocator experience in macro investing and/or fixed income capital markets experience
• Strong financial modelling and / or programming skills with excellent analytical ability, strong writing, and communication skills
• Be highly motivated, intellectually curious and adept at multi-tasking
• Independent thinker who is able articulate his/her views well, both in verbal and written form
• Strong team player who is comfortable in fostering new internal and external relationships

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

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.