VP, Investment Operations
- Employer
- GIC Private Limited
- Location
- Singapore, Singapore
- Salary
- Competitive
- Closing date
- Aug 24, 2024
View more
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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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.
Investment Services Private Markets
We manage deal structuring, due diligence and closing. We provide financial operations to GIC's private equity, infrastructure, and real estate assets, as well as tax structuring, corporate holding structures, valuations, and financial reporting.
Finance & Accounting
You will help to provide financial deal due diligence, financial controllership, treasury and funding, valuation management, investment operations, accounting, financial reporting, and special purpose vehicle management for GIC's investments.
What impact can you make in this role?
You will be part of a team that is an integrated investment service team that partners the business in providing services to support public markets investment.
We are seeking an experienced Vice President to focus on outsourcing and investment operations to lead our efforts in implementing outsourcing solutions within the private market space covering hedge funds, private equity, infrastructure, integrated strategies and real estate. This pivotal role involves managing outsourced administrators, identifying, and executing outsourcing strategies, and ensuring the seamless integration of these solutions into our investment operations. This role works closely with internal and external stakeholders to support finance operations throughout the investment's life cycle.
What will you do as an VP in Controllers?
Investment and Finance Operations
Outsourcing Strategy and Implementation:
Management of Outsourced Administrators:
Team Management:
What qualifications or skills should you possess in this role?
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 Investment Services Private Markets Department here: https://gic.careers/group/investment-services-private-markets/
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.
Investment Services Private Markets
We manage deal structuring, due diligence and closing. We provide financial operations to GIC's private equity, infrastructure, and real estate assets, as well as tax structuring, corporate holding structures, valuations, and financial reporting.
Finance & Accounting
You will help to provide financial deal due diligence, financial controllership, treasury and funding, valuation management, investment operations, accounting, financial reporting, and special purpose vehicle management for GIC's investments.
What impact can you make in this role?
You will be part of a team that is an integrated investment service team that partners the business in providing services to support public markets investment.
We are seeking an experienced Vice President to focus on outsourcing and investment operations to lead our efforts in implementing outsourcing solutions within the private market space covering hedge funds, private equity, infrastructure, integrated strategies and real estate. This pivotal role involves managing outsourced administrators, identifying, and executing outsourcing strategies, and ensuring the seamless integration of these solutions into our investment operations. This role works closely with internal and external stakeholders to support finance operations throughout the investment's life cycle.
What will you do as an VP in Controllers?
Investment and Finance Operations
- Work closely with in-house teams on identifying opportunities for outsourcing across private and alternative investment and finance operational processes
- Run an oversight program (e.g., through variance analysis, anomaly detection, etc.) to ensure quality of outsourced deliverables
Outsourcing Strategy and Implementation:
- Develop and execute a comprehensive outsourcing strategy for private and alternative asset types
- Identify external capabilities in an evolving administration industry and conduct thorough due diligence to ensure alignment with organizational goals and standards
- Manage implementation projects to integrate outsourced services seamlessly into existing processes and systems by collaborating with internal business and technology teams
- Lead the negotiation and execution of outsourcing contracts, ensuring favorable terms and conditions
- Leverage on prior operations experience to ensure accurate and timely operational support for private and alternative assets
- Act as a key advisor to senior management on outsourcing strategies and investment operations
- Stay abreast of industry trends and emerging best practices in outsourcing and fund accounting
Management of Outsourced Administrators:
- Oversee the performance of outsourced administrators, ensuring they meet service level agreements and deliver high-quality services
- Establish and maintain strong relationships with outsourcing partners, fostering collaboration and continuous improvement
- Conduct regular performance reviews and audits of outsourced administrators to ensure compliance with regulatory requirements and internal policies
- Monitor and evaluate the impact of outsourcing initiatives on operational performance and make data-driven recommendations for improvement
Team Management:
- Lead and mentor a team of professionals, fostering a culture of excellence and continuous learning
What qualifications or skills should you possess in this role?
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field
- 12 years' of relevant experience in the financial services industry, with a focus on fund accounting and outsourcing
- Proven track record of successfully implementing and managing outsourcing solutions for private and alternative asset types
- Strong understanding of investment operations, and related requirements
- Excellent negotiation, communication, and interpersonal skills
- Strategic thinker with the ability to drive change and improve operational efficiency
- Strong leadership, influence and team management skills
- Strong analytical skills; able to resolve business problems with well-structured analyses
- Data driven, experienced in deriving insights from large data sets is preferred
- Proactive, high-energy, motivated team player capable of delivering on multiple initiatives
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 Investment Services Private Markets Department here: https://gic.careers/group/investment-services-private-markets/
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.
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