Singlife is a leading homegrown financial services company offering consumers a better way to financial freedom. Through innovative, technology-enabled solutions and a wide range of products and services, Singlife provides consumers control over their financial wellbeing at every stage of their lives.
In addition to a comprehensive suite of insurance plans, employee benefits, partnerships with financial adviser channels and bancassurance, Singlife offers investment and advisory solutions through its GROW with Singlife platform. It also offers the Singlife Account, a mobile-first insurance savings plan.
Singlife is the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. Singlife is also an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations-supported Principles for Responsible Investment, affirming its commitment to finding a better way to sustainability.
First announced in September 2020 and valued at S$3.2 billion, the merger of Aviva Singapore and Singlife was the largest insurance deal in Singapore then and created one of the largest homegrown financial services companies in the republic.
Key Appointment:
- Oversight of all Rates & Credit instruments managed by the Investment Office (includes Rates derivatives and collateral)
Key Responsibilities:
- Analyse and recommend Rates and Credit instruments in line with the requirements of the Investment Policy (as asset class subject matter expert) and/or matching adjustment program.
- Credit Research and Selection: Develop the Investment Office credit research and overall execution capabilities. Analyze creditworthiness of financial counterparties.
- Fixed Income external manager due diligence and regular monitoring.
- Investment Portfolio Management：Ownership and oversight over a book of rates and credit instruments, in line with the requirements of the Investment Policy and the overall objective of maximizing risk-adjusted return and under various constraints (capital, sustainability, etc.)
- Manage the market/credit risks of the investment portfolio, primarily with regards to Rates and Credit instruments.
- Manage and execute rates and credit derivatives and collateral management
- Ensure compliance with all applicable laws and regulations relating to the above functional activities.
Key Decisions within the Role:
- Selection and execution of credit and rates instruments for management of investment portfolios, balancing return against economic risk, capital and sustainability.
- Selection of fixed income external managers
- Financial authorization limits as per the Delegation of Authority approved by the Board.
Team
- Direct accountability for all fixed income portfolios within the PAR and Non-PAR funds
- Indirect accountability for cost optimization of the Investment Office
Requirements:
Experience
- End-to-end Investment management (active & passive) across Rates and Credit instruments; including analysis and selection of external fund managers; Banking or Asset Management experience required
- Trading execution experience for Rates and Credit instruments (Aladdin platform preferred)
- Familiarity with fixed income and credt derivatives (e.g. interest rate swaps, and CDS).
- Management of trading team preferred; no team management experience is acceptable
Edcuation
- Academic: Bachelor’s or Master’s degree, e.g. in Finance
- Professional Certification(s): CFA / CAIA / FRM (preferred)
If you find yourself able to demonstrate the criteria above, apply with us now. We look forward to your application.
