Associate, Portfolio Development
SG, 238891
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 visit www.temasek.com.sg.
For Temasek Review 2025, please visit www.temasekreview.com.sg.
For Sustainability Report 2025, please visit https://www.temasek.com.sg/content/dam/temasek-corporate/sustainability/2025/Temasek-Sustainability-Report-2025.pdf.
Responsibilities
- Conduct in-depth analysis of portfolio companies, including:
- Business strategy and positioning
- Operational efficiency and competitiveness
- Financial performance and market dynamics
- Industry structure and attractiveness
- Support the identification, evaluation and execution tracking of value creation initiatives, such as:
- Strategy refocusing and transformation
- Operational improvements and cost optimisation
- Balance sheet and capital structure enhancements
- Corporate restructuring initiatives
- Develop and maintain robust valuation and financial models including:
- Sum-of-the-Parts (SOTP) analyses
- Discounted Cash Flow (DCF), Dividend Discount Model (DDM)
- Trading comparables and precedent transactions
- Scenario modelling and sensitivity analysis
- Monitor and evaluate portfolio performance, with a focus on:
- Financial strength and key value drivers
- Competitive positioning
- Industry trends and emerging risks/opportunities
- Engage with stakeholders, management teams and Board Directors:
- Support strategic discussions
- Provide analytical insights to inform decision-making
- Track execution of key initiatives
- Support portfolio management initiatives and transaction-related workstreams, including:
- Due diligence, valuation, capital structure analysis
- Research and prepare high-quality analyses, presentations, and internal memoranda to support decision making
- Contribute to portfolio-wide value creation initiatives, including:
- Identifying synergies across companies
- Supporting organic and inorganic growth opportunities
Requirements
- Bachelor’s degree in Business, Finance, Accounting, Economics, or a related field
- At least 1-3 years of experience in top-tier management consulting, investment banking, private equity / corporate finance / M&A, accounting or related fields
- Strong analytical and financial modelling skills
- Excellent communication and writing abilities
- Ability to communicate clearly and engage effectively with senior stakeholders
- Proven ability to manage multiple priorities in a fast-paced environment
- Self-starter with strong ownership and ability to work independently
- Collaborative team player who can work effectively across functions and stakeholders
- Familiarity with financial data platforms (e.g., Bloomberg, Capital IQ, FactSet)
- AI fluency, including practical use of tools such as ChatGPT and Copilot to enhance research, synthesis, analysis, and productivity
