Associate / AVP, Global Investments & Portfolio Strategy, Real Estate

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.

GIC Real Estate

We were an early entrant among institutional investors in real estate including traditional private real estate (brick-and-mortar assets), public equities, real estate investment trusts, and real estate-related debt instruments.

Global Investments and Portfolio Strategy (GIPS)

The Global Investments & Portfolio Strategy (GIPS) group is a global team and plays a key role in supporting the Real Estate Chief Investment Officer and senior management in evaluating investments, developing investment and portfolio strategy, and defining the role of RE within the broader GIC portfolio.

In its daily work, Americas GIPS is responsible for independent deal evaluation, evidence-based investment views, underwriting guidance, strategic and tactical portfolio allocation, performance and risk management. GIPS is a critical partner to Investment teams in generating long-term returns and integral to the investment and asset management process.

What impact can you make in this role?

You will be part of a team that ranks among the top global real estate investment firms and handles a multi-billion-dollar Real Estate portfolio globally. You will have wide exposure to real estate markets in the Americas (US, Mexico, Canada, and Brazil) and opportunities for growth in institutional real estate research and portfolio management. You will have direct responsibilities for implementing internal portfolio and risk management frameworks, as well as providing objective and independent reviews of each investment’s risk-return characteristics, oversee global portfolio construction and monitoring, and drive impactful investment strategy, and provide portfolio insights, and recommendations.

What will you do as an Associate?

• Provide independent views on deal underwriting assumptions and investment criteria.
• Conduct real estate-related research, including statistical analysis, new markets/ sectors and thematic research.
• Collaborate with Global GIPS team in the development of global investment strategy recommendations, and risk-management policies.
• Maintain, enhance, and validate economic and real estate research data.
• Represent GIPS in both written work products and internal/external communication. Ensure that relevant information is disseminated to the right parties in a timely manner.
• Function as a contact for various existing fund and joint venture relationships

What qualifications or skills should you possess in this role?

• Experience with 2-5 years of working in a related role, preferably on the buyside or in Investment Banking.

• Strong investment judgement skills with an interest in real estate investment & research. You enjoy manipulating and distilling large amounts of data and information, and challenge conventional wisdom.
• Willingness to learn and develop critical thinking capabilities. Interest in economics, statistics and probabilistic thinking.
• Background/prior experience in Real Estate, Finance, Economics, Urban Studies, Statistical Analysis or Business/Investment an advantage.
• Familiarity with investment and risk management concepts in the public/private markets an advantage.
• Excellent oral and written communication skills. Ability to write and present ideas succinctly. Ability to weight differing viewpoints and voice own well-considered view.
• You enjoy being precise and accurate with numbers and inferences while managing multiple priorities.
• Must be able to participate in conference calls in the evenings and early mornings. Occasional business travels required.
• Proficiency in Excel and PowerPoint a must. Familiarity with GIS, Stata, EViews, Tableau, Python or R an 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.

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.

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 $130,000 and $220,000. Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.

Learn more about our Real Estate Department here:
https://gic.careers/group/real-estate/