Location: New York,NY, USA
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
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.
Structured Products
Our investment purview spans across residential mortgages, consumer credit, commercial mortgages and other sectors such as MSR, insurance-linked securities, and agriculture. You will have the opportunity to create an edge by leveraging extensively on data and technology in our investment process.
What impact can you make in this role?
You will be part of a team that employs a broad range of investment strategies that span macro, credit, and quantitative investing, including multi-asset, benchmark-agnostic, constrained, indexed, and thematic strategies.
What will you do as a Portfolio Manager?
* Manage a beta portfolio benchmarked to the Bloomberg Aggregate Securitized Index.
* Use deep experience to recognize relative value in mortgage specified pools and TBAs.
* Generate beta plus ideas for managing versus the benchmark.
* Communicate in an articulate and thoughtful manner through written communication and presentations for GIC business stakeholders.
* Advocate investment convictions with well-thought-out logic as well as robust data and analysis.
* Work with internal quantitative analysts to maintain important database and analytical tools used to manage the beta portfolio.
What qualifications or skills should you possess in this role?
* A minimum of 7 years' experience managing in a beta portfolio with US mortgage specified pools and TBAs. Track record a plus. CFA a plus.
* Robust capabilities with Microsoft Powerpoint and Excel. Programming knowledge a plus.
* Proven skills in both bottom-up investing and top-down portfolio construction, especially in the agency MBS space.
* Ability to participate and discuss macro and micro insights while demonstrating thought leadership.
* Keen awareness and knowledge of the broader securitized credit and interest rate markets.
* Be a collaborative team player who works well with colleagues and develops junior members.
* Demonstrate willingness to put the team's success before personal success.
* Excellent communication skills and proactive engagement with key internal stakeholders and external partners.
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 interpersonal connection, while giving our employees the flexibility to do their best work and be their best selves.
We are 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.
Compensation
Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results. Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $165,000 and $310,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.
Learn more about our Fixed Income Department here:
Our PRIME Values
Our PRIME Values
GIC is a values driven organization. GIC's PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.