Strategic Private Credit Investment Associate
1 week ago
About GIC
GIC Private Limited is one of the world's largest sovereign wealth funds, with a presence across 11 offices globally. Our investment portfolio spans over 40 countries and encompasses a diverse range of asset classes and businesses. As a leading global long-term investor, we aim to create value for Singapore's financial future and the communities we invest in worldwide.
Our Private Equity Department
The Global Investments, Strategy and Risk (GISR) group plays a crucial role in supporting our Private Equity Chief Investment Officers (CIO) and senior management in evaluating investments, developing investment strategy, and defining the role of Private Equity within our broader portfolio. The GISR team comprises individuals from diverse backgrounds, including those with prior experience in private markets investing, investment banking, and consulting.
About the Role
We are seeking an experienced Associate to join our Developed Markets private credit and special opportunities investing team. As a key member of our team, you will support senior colleagues in deal evaluation, investment-related strategy, and risk projects. This 3-year fixed-term programmatic hire offers full employment terms and benefits.
Responsibilities
- Strategy: Develop and articulate our private credit investments strategy, including deal selection and portfolio construction strategies. Monitor the private credit landscape for intelligence on downside drivers for companies, sectors, sponsors, and markets.
- Deal Evaluation: Develop an independent view of deals and fund investments, opine on business quality, financial strength, and risk of capital loss. Identify and examine key risks and mitigants and opine on risk-return.
- Portfolio Management: Monitor and draw lessons from the performance of deal and fund investments. Monitor comparable businesses and key themes.
- Risk Management: Manage pricing models to set hurdle rates, track portfolio loss rates, and stress test portfolio returns. Monitor concentration and correlation risks.
Requirements
- Passion for Credit Investing: A strong interest in credit investing and its various aspects.
- Experience: At least 2-3 years of experience working in direct lending firms, merchant bank/financing groups, or investment banks.
- Business Evaluation, Research, and Financial Modelling Skills: Strong skills in business evaluation, research, and financial modelling.
- Communication Skills: Strong written and verbal presentation skills, communicating clearly and logically.
- Teamwork and Adaptability: A positive attitude, high energy, and initiative, with intellectual curiosity, strong problem-solving skills, and adaptability. Ability to work well with different stakeholders and demonstrate maturity and confidence.
About the Benefits
We offer a competitive salary of approximately SGD 120,000 per annum, commensurate with experience, plus additional benefits, including flexible working arrangements, professional development opportunities, and a comprehensive health insurance plan. Our teams come into the office four days a week, allowing for collaboration and connection while providing flexibility to adjust your schedule as needed.
PRIME Values
We strive to inspire and make an impact at GIC. Our PRIME values guide us in our daily decision-making: Prudence, Respect, Integrity, Merit, and Excellence. We believe that flexibility allows us to do our best work and be our best selves.
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