This a Full Remote job, the offer is available from: Singapore
Location: Singapore
Job Function: Fixed Income & Multi Asset
Job Type: Permanent
Req ID: 16947
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.
Fixed Income and Multi Asset
Our team employs a broad range of investment strategies that span macro, credit, and quantitative investing, including multi-asset, benchmark-agnostic, constrained, indexed, and thematic strategies.
CIOO Portfolio Management
You will be part of the Portfolio Management team within the Fixed Income & Multi‑Asset (FIMA) CIO Office. CIOO PM is an investment and alpha‑generation platform that takes portfolio risk and creates value at the department and asset‑class level through risk budgeting, asset allocation, basis management, overlay portfolio management, and portfolio construction across all FIMA sub‑strategies.
What impact can you make in this role?
As the lead for risk budgeting and asset allocation, you will own the design and execution of FIMA’s risk‑budgeting and capital‑deployment framework, drive medium‑term tactical asset allocation through the Investment Committee and Sector Forum, and play a central role in shaping how FIMA allocates risk across macro, credit, and structured and securitized products— including multi‑asset, benchmark‑agnostic, constrained, indexed, and thematic strategies. This is an investment role with P&L accountability.
What will you do as a SVP in Portfolio Construction & Strategy?
- Design FIMA’s risk‑budgeting and portfolio‑construction framework: covering capital deployment and risk allocation across alpha streams and sub‑strategies. This involves extensive use of quantitative models, optimization tools, and advanced analytics.
- Own the Sector Forum and IC process design: evolve the allocation‑decision process to operate at the right frequency and with the right governance, integrating market trends, economic indicators, and cross‑asset views from the broader CIOO PM team.
- Collaborate closely with FIMA product heads (Global Macro, Corporate Credit, Structured Finance Group) to translate bottom‑up intelligence into coherent and actionable top‑down allocation recommendations.
- Provide input on overlay positioning and basis management where allocation views have direct implications for department‑level risk‑taking.
- Present allocation recommendations and risk‑budget proposals to FIMA senior management and the Investment Committee, and contribute to IMC and GEC-level materials as required.
- Engage with RPMD, the CRO’s office, and other CIOO functions (Portfolio Solutions and Risk Management) to align capital‑allocation frameworks, risk parameters, and benchmark architecture.
- Build relationships with external peers at leading asset managers, sovereign wealth funds, and allocators to benchmark and continuously improve FIMA’s allocation framework.
What qualifications or skills should you possess in this role?
- A minimum of 10 years’ experience in cross‑asset capital allocation, tactical asset allocation, or portfolio management across global fixed‑income and/or multi‑asset portfolios. Real-world portfolio management experience is essential — this is not a strategist or research role.
- Demonstrated ability to design and run allocation processes: risk budgeting, capital‑deployment frameworks, sector/asset‑class allocation, and IC‑level decision governance.
- Strong cross‑asset market acumen with in‑depth understanding of rates, credit, securitized products, and FX, and their interactions. Ability to translate macro and market views into concrete allocation recommendations with clear sizing rationale.
- Maturity and composure in senior forums. Ability to present to CIO‑level audiences, engage constructively with product heads, and navigate the inherent tension between top‑down allocation and bottom‑up autonomy.
- Strong process‑design instincts. Ability to build repeatable, institutionally durable frameworks — not just ad‑hoc views. Comfort with quantitative tools and optimization, but grounded in practical judgment rather than purely model‑driven approaches.
- Collaborative, low‑ego, high‑judgment profile. This role sits at the center of FIMA and requires the trust of multiple stakeholders. The ability to influence without authority and synthesize competing views is critical.
- Strong communication skills: ability to distill complex allocation recommendations into clear, concise formats for senior stakeholders and investment committees.
- CFA, CAIA, or advanced degree (MBA, MFin, MSc, PhD) preferred but not required. What