Senior Associate, Portfolio Risk

About the company

Temasek is a global investment firm based in Singapore, managing a net portfolio value of S$434 billion as of 31 March 2025. If its unlisted holdings were revalued to market, the portfolio value would rise by S$35 billion to S$469 billion. Guided by its purpose, “So Every Generation Prospers,” the organisation aims to create lasting impact for current and future generations while operating on commercial principles and focusing on long-term sustainable returns. Temasek has 13 offices across 9 countries, including locations in Asia and outside Asia. More information is available on Temasek, Temasek Review 2025, and the Sustainability Report 2025.

Role overview

The Senior Associate will join the Portfolio Risk team and work closely with Market Risk, Credit Risk, and Investment Review colleagues. This position is central to applying the firm’s risk framework, carrying out established processes independently, supporting complex analysis, and helping maintain the operational soundness of the portfolio risk function.

What you will do

• Research major macroeconomic themes, geopolitical developments, and structural shifts when assigned, and assess how they may affect portfolio holdings.
• Build and run custom analytical models to respond to management questions and deliver accurate outputs within tight timelines.
• Interpret results thoughtfully and translate them into clear conclusions instead of only summarising raw reports.
• Create macro and thematic scenarios that identify the key drivers of risk and use them to estimate bottom-up effects on countries, sectors, companies, and the broader portfolio.
• Support both qualitative and quantitative scenario articulation, and independently execute standard stress tests in line with established procedures.
• Assist in developing risk models and take responsibility for operationalising existing models so risk factors can be translated into impacts across asset classes and the total portfolio.
• Measure and document the effect of stress events, ensuring outputs remain accurate and consistent.
• Prepare risk data for portfolio construction activities so senior leaders can make informed decisions on portfolio actions.
• Update and monitor quantitative and qualitative early warning indicators to flag increasing risk or market vulnerability.
• Perform deeper reviews of financial market fragilities by collecting data and carrying out initial cross-market analysis.
• Track ongoing market developments so changes in risk indicators can be interpreted in the right context.
• Produce risk reports and dashboards that are fact-based and support decision-making for senior management.

What we are looking for

• A bachelor’s or master’s degree in Finance, Economics, Business Administration, or another strongly quantitative field.
• Three to six years of relevant experience in risk management, strategy, or portfolio management gained in a sovereign wealth fund, asset manager, or large financial institution.
• Hands-on ability to build top-down macro scenarios and connect them to bottom-up fundamental impacts.
• Experience using econometric methods such as regression analysis and time-series forecasting to test risk drivers and estimate their effect on company performance.
• Good knowledge of valuation techniques, including DCF modelling, and the ability to run and troubleshoot financial models independently.
• Practical familiarity with market data platforms such as Bloomberg and CapIQ; programming experience in Python, R, or SQL is a strong plus.
• Comfort working independently on routine and standardised analyses with a high level of precision.
• The ability to think beyond the numbers and understand the business implications behind model outputs.
• Strong curiosity and a proactive mindset toward understanding evolving risk conditions.
• Good problem-solving skills and the ability to work through unclear datasets with guidance from the AVP.
• A collaborative approach and strong interpersonal skills for working across teams.
• Clear communication skills for interacting professionally with internal stakeholders.

Additional information

This role is based in Singapore and is a full-time, onsite position. No vacancy count, salary, start date, or application deadline was provided in the source.