Jobs · Accounting · New York

AVP, Operational Due Diligence

GIC · New York, United States · 3 wk ago
Accounting$130k–$170k/yrFull-time

About the role

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. Global Investment Services GIS provides strategic investment services and financial management across GIC’s public and private market asset classes. Leveraging data and emerging technologies, the department drives the development and execution of business infrastructure plans while shaping scalable, agile, and resilient operating models that enable growth and deliver operational excellence. GIS provides operational expertise spanning market settlements, transaction management and execution, investment data operations, portfolio finance, valuations, accounting, and tax services, as well as portfolio administration.

Operational Due Diligence: You will conduct operational due diligence on public and private market funds. The ODD team headquarters is in Singapore, with a local team in New York.

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 and private market activities.

Learn more about our Global Investment Services Department here: https://gic.careers/departments/global-investment-services/

Responsibilities

Functional Expertise

  • Conduct and manage the operational due diligence for fund investments across liquid and illiquid strategies; working closely with investment due diligence teams in Singapore and New York.
  • Use a data driven approach to establish market practices and benchmarks.
  • Review and document qualitative and quantitative assessments of fund managers’ operations, controls, risks, ongoing news and developments.
  • Responsibilities include project management, scoping, on-site visits, service provider reviews, documentation, and reporting.
  • The role involves managing external ODD resources or consultants.
  • Monitor market and regulatory trends and developments.
  • Identify and analyse impact and provide prompt, relevant advice to the business.
  • Resolve issues in a professional, tactful and timely manner.

Innovation

  • Assist or lead reviews, adaptations or improvements of processes and workflows across the team, including identifying new business requirements and capabilities.
  • Initiate and manage ad-hoc projects (e.g., technology adoption, framework reviews).
  • Identify and prototype AI-enabled improvements to the ODD process (for example automated document review, benchmark extraction and red-flag screening), working with data and technology partners to move successful pilots into production.

Qualifications

  • Strong academic record.
  • CPA, CFA or an equivalent professional qualification is an advantage.
  • 5 to 8 years of related experience in operational due diligence (audit, accounting and back-office operations will be considered) over a broad range of strategies and jurisdictions.
  • Good understanding of both public and private market investment operations life cycle, processes/policies/controls/risks/best practices, valuation, global regulatory and compliance rules, investment structures.
  • Practical experience applying AI tooling to due diligence or control-testing workflows: extracting and comparing data from manager DDQs, audited financial statements, service provider control reports (for example SOC 1 or ISAE 3402) and policy

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