Portfolio Manager, Balance Sheet Management, Securities Finance

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.

Portfolio Execution Group (PEG)
Portfolio Execution Group encompasses multiple teams that perform a range of functional roles including trade execution, funding & liquidity management, securities financing, and applied quantitative research. This group comprises three sub-teams – Global Trading Unit (GTU), Balance Sheet Management Group (BMG), and Applied Research Unit (ARU).

Balance Sheet Management Group (BMG)
BMG is responsible for managing GIC's Total Portfolio liquidity, funding, and securities finance activities across global markets. We aim to optimize the value of GIC's liquidity and public market assets and seek to preserve and enhance implementation capacity for the GIC Portfolio. We are continually striving to be world-class in terms of our talent, technology platforms, and external relationships.

What impact can you make in this role?

We are currently seeking a Portfolio Manager with a proven track record in liquid asset financing to further grow our securities finance capabilities and returns. The role will be based in the New York office. You will be part of a team that seeks to efficiently manage total portfolio liquidity, and to improve asset utilisation for GIC.

What will you do as a Portfolio Manager?

• Oversee and optimize cross-asset financing activities in the region across synthetic and physical financing transactions.
• Expand the agency securities lending program in the region by engaging with agency lenders, peers and counter parties to source opportunities.
• Contribute to the management of GIC's liquidity portfolio to enhance returns and strengthen liquidity resilience.
• Dynamically manage Total Portfolio currency hedges and funding requirements.
• Ensure GIC’s implementation capacity through exposure optimization strategies or by structuring creative solutions that generate positive balance sheet outcomes for GIC and our counter parties.
• Lead initiatives that expand BMG’s business platform and capabilities. These include operating and investment frameworks, technology and systems build etc.

What qualifications or skills should you possess in this role?

• At least 8 years of experience in a buy-side Treasury/Portfolio Finance role or on a relevant financing desk (e.g. Prime Brokerage, Repo, Delta One) at a global investment bank.
• Familiarity with a broad suite of financing and collateral management products such as Stock Loan, Repo, Prime Brokerage and Total Return Swaps as well as relevant documentation.
• Understanding of banks’ prudential regulation and financial resource concepts as they pertain to liquidity and collateral management, as well as usage of derivatives.
• Excellent problem-solving and analytical skills.
• Good interpersonal and communication skills; effective in building relationships to positively impact business outcomes.

• Programming skills (Python, R, SQL) would be a distinct advantage.

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.

GIC is a Great Place to Work

At GIC, we believe sustainable high performance is driven by high expectations and a commitment to excellence, as well as empowerment and flexibility. As such, we currently operate under a hybrid model in which employees spend 4 days in office and 1 day working from home each week. This balance allows us to preserve the ‘office as a hub’ for ideation, professional growth, and…