VP, Portfolio Risk: Macro & Geopolitical Scenarios

Temasek; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Temasek is a global investment company headquartered in Singapore with a focus on building a resilient, forward-looking portfolio. The Vice President in Portfolio Risk supports macro, geopolitical and thematic stress testing and leads end-to-end scenario workstreams.

You will frame investment questions, identify risks, and drive scenario frameworks and monitoring capabilities. The role emphasizes translating risk signals into company and industry impacts, leading modelling efforts, and mentoring

Qualifications

• Bachelor’s or Master’s degree in Finance, Economics, Accounting, Business, Engineering, Mathematics, or another relevant discipline.
• 8-12 years of relevant experience in fundamental equity research, investment analysis, portfolio risk, strategy, macro research, consulting, or a related analytical role.
• Deep understanding of company and industry fundamentals, including revenue drivers, cost structures, margins, earnings, cash flow, balance sheets, and valuation.
• Practical experience with financial modelling and valuation methodologies, particularly DCF or intrinsic value analysis.
• Demonstrated ability to connect macro, geopolitical, or thematic events to sectors, industries, and company fundamentals.
• Ability to independently define analytical problems, identify the questions that matter most, and develop pragmatic frameworks for answering them.

Responsibilities

• Identify and research emerging macro, geopolitical, policy, technological, regulatory, and structural themes that could materially affect the portfolio.
• Develop scenario narratives, including the nature of the event, key assumptions, potential path of development, and relevant time horizon, and recommend which risks should be prioritized by the team
• Frame key analytical questions and transmission channels including the identification of the key risk drivers within each scenario
• Lead selected scenario workstreams from hypothesis through portfolio implications, including assessing which countries, sectors, industries, and major portfolio companies are most exposed to a scenario.
• Lead analysis of transmission channels through which scenario risk drivers affect industry and company fundamentals.
• Challenge bottom-up assumptions for how a scenario could affect key operating metrics, including volumes, pricing, revenue growth, cost structure, margins, capex, working capital, cash flow, and earnings.
• Drive financial modelling methodology, including building, adapting, and maintaining fundamental stress models to quantify the impact of scenarios
• Gather, clean, and organize relevant data from company filings, industry sources, sell-side research, market data, and internal investment materials.
• Coach junior members to work through incomplete or imperfect data to propose reasonable, transparent, and well-supported analytical inputs for senior review.
• Synthesize company, sector and macro analysis into clear portfolio implications and investment insights.
• Translating operating-metric assumptions into earnings, cash-flow, and valuation impact for affected companies and sectors.
• Apply valuation methodologies, including DCF and intrinsic value frameworks, to estimate potential downside or upside impact of stress events.
• Identify which assumptions matter most to the valuation outcome and where uncertainty is highest.
• Prepare exhibits, charts, tables, and written summaries that explain key drivers of scenario impact.
• Lead team in producing materials for portfolio risk discussions and senior management decision-making.
• Design and refine monitoring frameworks for key macro, geopolitical and thematic risks.
• Monitor indicators and update risk dashboards and trackers.
• Interpret indicator movements in context and flag developments warranting analysis.
• Stay abreast of developing events that may affect scenarios.

Skills

Macro risk analysis

Scenario development

Portfolio risk management

Financial modelling

Data gathering/analysis

Communication skills

Team coaching

Python/R/SQL (advantage)

Education

Bachelor’s or Master’s degree in Finance/Economics/Accounting/Business/Engineering/Mathematics

Tools

Bloomberg

CapIQ

FactSet

Refinitiv

Job description

Temasek is a global investment company headquartered in Singapore with a focus on building a resilient, forward-looking portfolio. The Vice President in Portfolio Risk supports macro, geopolitical and thematic stress testing and leads end-to-end scenario workstreams.

You will frame investment questions, identify risks, and drive scenario frameworks and monitoring capabilities. The role emphasizes translating risk signals into company and industry impacts, leading modelling efforts, and mentoring