Vice President, Risk Management (Investment Review)

Introduction

The Investment Review team is part of Temasek’s Portfolio Strategy & Risk Group, and provides independent evaluations of proposals to invest in private and publicly listed companies across a wide range of industries.

Responsibilities

In co-operation with investment origination and execution teams, the VP will:

• Lead investment reviews, including overall project management, interactions with origination and execution teams and the management of junior staff
• Provide a comprehensive risk assessment through review of model and non-model drivers, due diligence findings and ESG issues
• Provide specific recommendations to improve the range of investment outcomes and the risk / reward profile
• Identify key assumptions, valuation and risk drivers, and stress-test financial models to assess the impact of various scenarios on value and returns
• Independently form a view on reasonability of key assumptions in financial forecasts; challenge these assumptions if necessary
• Provide input for due diligence planning and participate in due diligence, including meetings with advisors and target companies
• Form a well-reasoned view on structural aspects of proposed transactions (especially privately negotiated PE-type deals)
• Participate in the review of existing investee companies
• Take a lead in scoping out and delivering wider institutional / team projects

Requirements

• Min. 7-9 years of experience in PE/M&A transaction execution (incl. PE fund, investment banking or in-house M&A environment), investment risk management, or in a transaction approval and evaluation role
• Degree in finance, economics, business administration, accounting or a quantitative discipline
• International experience is preferred, but not a requirement

Required skills

• Commercially astute with ability to think critically and assess an investment proposal in its entirety. Able to quickly grasp and understand business dynamics, risk and value drivers of target companies across all industries and geographies
• Confident and strong communication skills. Needs to be able to structure, discuss and present complex issues in an easy to understand manner. Able to lead presentations (incl. Q&A) to senior management and investment committees
• Maturity and diplomatic influencing skills to partner with a wide spectrum of colleagues across the organisation, including origination and execution teams
• Substantial experience in reviewing due diligence
• Strong financial modelling skills (designing and reviewing), including ability to build and manage complex DCF and LBO models, and detailed understanding of valuation methodologies

• Highly driven, eager to learn and able to work under tight deadlines
• Good team player who puts the team and organisation first
• Fluent, but not necessarily native, English skills. Additional languages are a plus