Associate/AVP, Business Strategy & Risk

Job Function: Investment Services Private Markets

Job Type: Permanent

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices 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.

Investment Services Private Markets (ISPVM)

The Investment Services Private Markets Department (ISPVM) is responsible for investment services for the private market across the GIC group. It is responsible for providing deal structuring and closing, portfolio monitoring, valuation, finance, operations, tax, data management and analytics services, in the execution of private market investments across Private Equity, Private Credits, Real Estate and Infrastructure. It is also involved in financial reporting and accounting of investment holding companies, as well as operations and financial due diligence for asset operations.

Business Strategy & Risk

The Business Strategy & Risk office assists the Director of ISPVM in steering, advancing, and executing the ISPVM strategic plans. This involves recognising growth opportunities, evaluating and mitigating risks, for market leadership. The team focuses on Business Risk & Control, Strategic Partnerships, Management Office, and Sustainability Solutions.

What impact can you make in this role?

You will be part of an integrated investment service team that partners the business and drives sustainable growth in the private markets investments, in a risk and controlled manner. This role requires a forward-thinking individual with a strong ability to articulate and advocate different ways of doing things. A risk and control specialist with a passion for innovation/transformation.

What will you do as an Associate/AVP, Business Strategy and Risk?

Functional Expertise

• Assist in overseeing the department’s risk framework and governance in alignment with enterprise baselines; this includes:
• Risk framework development/reviews (i.e. establish framework to govern operational processes; proactively identify, establish and run continuous thematic process and control reviews on key risk areas/control weaknesses; identify and resolve emerging risks via comprehensive mitigation plan with strengthened governance framework)
• Front-to-back process review and re-engineering (i.e. identify opportunities for process improvements with functional teams, process owners and digital office. Propose innovative solutions to enhance efficiency and effectiveness on controls)
• Develop operational management capabilities and proactive risk monitoring activities (i.e. design risk metrics in collaboration with process owners, create management dashboards)
• Manage operational risk incidents/audits in collaboration with Operational Risk Management and Internal Audit teams (i.e. reviewing audit findings/responses, identifying root causes to operational risk events and working with respective teams to close the gaps)
• Steer department’s risk culture (i.e. running risk forums, maintenance of knowledge platform, risk trainings).
• Support and manage ad-hoc projects in collaboration with functional teams.
• Drive, support, and coordinate strategy development across the department; this includes cross-department and/or cross-divisions strategy initiatives, transformational tracks, and management office activities.

What qualifications or skills should you possess in this role?

• 3 to 6 years of related experience in internal audit, operational risk or similar vocation within Financial Services over a broad range of strategies and jurisdictions. Proficiency in business intelligence and technology adoption is a plus.
• University degree in relevant field (business, accounting, or similar), excellent academics, preferably with a CPA designation.
• Experience in process-reengineering with good understanding of efficiency, internal controls, and governance in a complex environment.
• Strong stakeholder management and communication skills.
• Strong problem-solving skills and the ability to think creatively and articulate new ideas.
• Detail-oriented with ability to work independently, possess strong project management capability.
• Good understanding of both public and private market investment operations life cycle, processes/policies/controls/risks/best practices, valuation, global regulatory and compliance rules, investment structures.
• Ability to work with data to build analytics.

Personal Attributes

• Excellent team player. Willingness to work with other divisions.
• Strong interest in working with data and applying analytical thinking. Excellent ability to synthesize concepts into presentations to senior management.
• Strong sense of professional skepticism and risk awareness. Able to balance risk and business needs.
• Quick to link-the-dots between various functions; with the ability to zoom out stringing the high-level end-to-end process workflow and to zoom in to identify the detailed process steps.
• Self-starter, committed, adaptable, and driven with the ability to navigate in a fast-paced environment. Deliver high standards under extended time pressure with minimal supervision. Able to multitask and manage several workstreams concurrently.
• Having a growth mindset is essential and being open to ad-hoc transformational initiatives.
• Provide constructive, pragmatic solutions, while demonstrating maturity and openness to feedback.

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 grphrodtaops@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability.

Learn more about our Investment Services Private Markets Department here: https://gic.careers/group/investment-services-private-markets/