Location: Singapore
Job Function: Real Estate
Job Type: Permanent
Req ID: 17091
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices 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.
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.
RE Joint Ventures (JV) Operational Due Diligence
We are looking for a suitable candidate to join our Real Estate Business Management & Operations team to develop best in class operational due diligence capabilities for the Real Estate business.
What will you do as an VP in this role?
- Drive and oversee the global JV and vendor operational due diligence (ODD) program for the Real Estate business, providing subject-matter expertise and ensuring alignment with enterprise-wide governance, risk management, and operational standards
- Define and enhance the strategic framework for JV ODD, including methodology, risk assessment criteria, and escalation protocols.
- Develop and oversee the development and implementation of monitoring and reporting tools for management, articulating key risks, mitigants and residual exposures from the JV ODD program.
- Appoint and manage third party consultants to support the execution of ODD requirements.
- Establish post investment operational risk monitoring capabilities for JV partners, integrating findings from ODD reviews and working with asset management teams to resolve identified risks.
- Drive strategic projects and ad hoc initiatives as directed by management, contributing to the long-term operational strategy of the business.
What makes you a successful candidate?
- University degree in relevant field (business, accounting, or similar)
- At least 10 years of relevant experience in internal audit, operational risk, operational due diligence, or related functions within Financial Services or Real Estate.
- Proven track record in designing and implementing governance frameworks and operational risk management programs at a regional or global level.
- Detail-oriented with ability to work independently and manage projects
- Excellent communication and influencing skills, with the ability to operate effectively in a matrixed, global organization.
- Self-starter with high learning agility and ability to thrive in a fast-paced, evolving environment.
- Strong stakeholder management skills, with experience engaging senior management and cross-functional teams.
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.
GIC is an equal opportunity employer
GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Please email grphrodtaops@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability.
Learn more about our Real Estate Department here: https://gic.careers/group/real-estate/
