We are one of the largest investment management organizations in the world, with over 1000 people working together to create long-term value.
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.
Investment Services Public Markets We strive to support business groups with digital capabilities and deliver environmental, social and governance focused capabilities, and market expertise.
Operations Due Diligence You will conduct operation due diligence to safeguard GIC's public and private markets' investment globally.
What impact can you make in this role? You will be part of Operational Due Diligence (ODD) team to support investment teams across the Private Markets groups. Our objectives for ODD are:
- Augment GIC's investment due diligence efforts with consistent application of GIC risk framework, investment guidelines and market practices
- Avoid and mitigate reputational and operational risks from investments in public and private markets
- Active management and ongoing monitoring of operational risks with external fund managers
The role will focus on private market funds, with some exposure to public market funds. You will be provided with necessary resources and support to succeed in this role and will be part of an industry recognized ODD team with it's headquarters in Singapore and a local team in New York.
What will you do as an AVP, Operational Due Diligence? Functional Expertise
- Conduct and manage the operational due diligence for fund investments across liquid and illiquid strategies; working closely with investment due diligence teams across 11 global offices.
- Review and document qualitative and quantitative assessments of fund managers' operations, controls, risks, ongoing news and developments. Responsibilities include project management, scoping, on-site visits, service provider reviews, documentation and reporting. A substantial part of the role involves managing external ODD resources or consultants.
- Monitor market and regulatory trends and developments. Identify and analyse impact and provide prompt, relevant advice to the business. Resolve issues in a professional, tactful and timely manner.
Innovation
- Assist or lead reviews, adaptations or improvements of processes and workflows across the team, including identifying new business requirements and capabilities.
- Initiate and manage ad-hoc projects (e.g., technology adoption, framework reviews).
What qualifications or skills should you possess in this role? Functional Expertise
- Excellent academics, preferably with a CPA designation.
- 5 to 7 years of related experience in operational due diligence (audit, accounting and back office operations will be considered) over a broad range of strategies and jurisdictions.
- 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 .
Personal Attributes
- Excellent team player who respects and works well with all levels and across different cultures. S hares GIC's PRIME values [Prudence, Respect, Integrity, Merit, Excellence ]. Strong work ethics with tireless dedication and discipline to achieving excellence.
- Strong analytical and critical thinking skills. Able to navigate unstructured situations. Attention to detail and accuracy. Excellent communications and critical report writing skills are essential.
- Strong commercial acumen. Experience in legal negotiations for fund investments.
- Self-motivated, committed, dependable, positive and driven. Able to deliver high standards under extended time pressure with minimal supervision. Able to multitask and manage high volume of deals and projects.
- Provide constructive, pragmatic solutions, while demonstrating maturity and openness to feedback. Consider management angles in decision making.
- Be a strong advocate for and personally contribute to ISPM and GIC initiatives.
- Be a strong support for both local and global team members to accomplish overall team targets.
- Willingness to participate in periodic night calls between the Singapore headquarters team and New York local team; or with fund managers in different global locations.
- There may be occasional travel involved with this role.
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 As an employer, we passionately believe every individual brings with them unique diversity of thought and perspectives to meaningfully enrich perspectives of GIC teams to drive competitive performance. An inclusive environment yields exceptional contribution.
Learn more about our Investment Services Public Markets Department here: https://gic.careers/group/investment-services-public-markets/