Assistant Vice President, Risk Management (Portfolio Risk)

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324 billion, 299 billion, 250 billion, and RMB2.35 trillion) as at 31 March 2025. Marking our unlisted assets to market would provide S$35 billion of value uplift and bring our mark to market net portfolio value to S$469 billion.

Our Purpose So Every Generation Prospers guides us to make a difference for today's and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

For more information on Temasek, please visitwww.temasek.com.sg.
For Temasek Review 2025, please visitwww.temasekreview.com.sg.
For Sustainability Report 2025, please visithttps://www.temasek.com.sg/content/dam/temasek-corporate/sustainability/2025/Temasek-Sustainability-Report-2025.pdf.

Portfolio Risk sits within the Risk Management Unit, along with the Market Risk, Credit Risk, and Investment Review teams. This role will work collaboratively with his or her team mates, and the rest of the Risk Management Unit.

1. Develop and maintain a robust and practical Stress Testing Framework:

• Scenario Design: Define Scenarios, including the qualitative and quantitative articulation of scenarios and assumptions.
• Model Development: Design, build and operationalize models that accurately translate risk drivers into potential impact on country-level index / asset-level/ portfolio-level stress.
• Portfolio Assessment: Quantify and report the potential impact on the investment portfolio under various defined stress events.
• Stakeholder Alignment: Collaborate with internal teams (Macro Strategy, Portfolio Construction, Market Risk, Sector/ Market teams, Finance etc.) to ensure alignment and consistency in stress scenario development and assumptions.
• Planning & Strategies: Translate risk insights into portfolio actions. Contribute risk assessments and recommendations to the portfolio construction process

2. Build and Monitor Early Warning Indicators to signal vulnerabilities:

• Develop and Enhance Risk indicators: utilizing both quantitative and qualitative measures to effectively signal rising risk levels and potential market downturns.
• Vulnerability Assessment: Conduct deep-dive analyses into potential areas of vulnerability within global financial markets to thoroughly understand and assess cross-market risk.
• Market Intelligence: Stay abreast of current and emerging developments to inform the risk assessment process.
• Decision Support: Create factually grounded risk indicator models and reports to effectively support Senior Management's strategic decision-making and investment stance.

3.Research, Design and Run analysis on top-of-mind issues:

• Thematic Deep-Dives: Conduct research on emerging macro themes, geopolitical developments, or structural trends shifts to evaluate their specific impact on portfolio assets.
• Bespoke Frameworks: Design and execute customized analytical models to provide data-driven answers to urgent management queries regarding evolving market situations.
• Actionable Insights: Synthesize complex, often ambiguous data from diverse sources into clear, fact-based views to guide strategic positioning during periods of uncertainty.

• Bachelor's or Master's degree in Finance, Economics, Business Administration, or a highly quantitative discipline.
• 710 years of progressive working experience in relevant roles (Risk/ Strategy/ Portfolio Management etc) in Sovereign Wealth Funds, Asset Managers, and/or major financial institutions.
• Ability to connect the dots between Social, Technological, Economic, Environmental, and Political trends and synthesize these macro/thematic considerations and articulate the resulting impact on both total portfolio-level and individual asset-level risk
• Deep interest and understanding of global financial markets, including a keen grasp of the current and historical fundamental and technical drivers of market cycles (bear and bull markets)
• A high degree of intellectual curiosity and a drive to understand evolving risk landscapes. Must possess strong problem-solving skills and strong analytic skills grounded in reality
• Demonstrated ability to apply top-down macro-level thinking alongside bottom-up micro-level analysis when assessing risks and opportunities
• Strong understanding and practical experience with valuation methodologies (e.g., DCF modeling). Practical working knowledge of financial market databases (e.g., Bloomberg, CapIQ). Programming proficiency a plus
• Strong interpersonal skills and proven ability to influence and work with other teams across the institution