PIC Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

The Public Investment Corporation SOC Limited (PIC) is an asset management firm, whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund and the Compensation Fund. Over the years, we have grown
to be amongst the top, large investment managers in South Africa and the rest of the African
continent, with current assets under management at just over R2.6 trillion. At the centre of
our growth is a team of self-driven professionals who are results-focused.

We are currently seeking applications from dynamic individuals for the following position:

Legal Advisor – Corporate Legal

• Position: Legal Advisor – Corporate Legal (Ref: LADV001)
• Grade: D1 – D5
• Salary: All-inclusive remuneration package negotiable
• Centre: Corporate Legal

Purpose of the role:
To provide legal advice on general corporate and commercial law matters; and other legal advisory of the
PIC.

Requirements:

• LLB degree
• Admitted attorney of the High Court with between 3-5 years post articles experience
• Corporate/commercial legal advisory
• Litigation experience
• Comfortable with technology due to digitization of processes.

Duties:

• Conduct legal research, provide opinions and advice in respect of corporate/commercial law
• Draft, review and negotiate agreements of corporate/commercial/operations including
  information technology
• Participate in and provide legal advisory in PIC corporate projects
• Manage and assist with corporate litigation of the PIC
• Identify new and amendments to legislation that impact PIC and advise and assist with
  implementation.
• Understanding of technology law and privacy
• Advise on FAIS and related legislation
• Manage legal instructions and attorneys on the panel
• Oversee contract management process at Legal and manage contract management process in
  respect of concluded agreements in corporate legal
• Governance including policies review and management
• Provide training and awareness to staff
• Any other function under corporate legal as requested.

Competencies and skills:

• Excellent communication skills
• Working with business and not just for them
• Maintaining excellent relationship with stakeholders
• Excellent Negotiation Skills
• Time management
• Performance and Result oriented
• Ability to deal with pressure/stress
• Cost-consciousness (budgeting)
• Excellent Communication skills
• Problem solving
• Customer service orientated
• Management Skills
• Strong analytical and numerical skills
• Conflict management
• Emotional Intelligence

Our firm values diversity, excellence and is commitment to realisation of these across all
operations and investment activities. If you you are dynamic, resilient, agile, disciplined and are
willing to be part of a team that is focused on creating meaningful change, you are we welcome to
submit your application for this position.

Closing Date: 13 August 2024

• Grade Range: The grade range for this position is from D1 – D5, commensurate with applicable
  minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Legal Advisor – Unlisted Properties

• Position: Legal Advisor – Unlisted Properties
• Job Grade: D1 – D5
• Ref: LADV003
• Salary: All-inclusive remuneration package negotiable
• Centre: Investment Legal

Purpose of the role:
To provide legal advice on general property, corporate and commercial law matters and transactions;
and investment legal advisory of the PIC.

Requirements:

• LLB degree
• Between 3 – 5 years post admission experience specifically in corporate and property law
  and investment management
• Admitted attorney of the High Court Admission as a Notary and Conveyancer is
  advantageous
• Detail Knowledge of Asset Management (with specific reference to Property Management)
  and Property Law
• Ability to undertake research

Duties:

• Conduct legal research, provide opinions and advises in respect of corporate/commercial
  and property law matters and investment legal advisory
• Draft, review and negotiate agreements of property and commercial and ancillary
  transactions
• Manage and assist with legal Due Diligence
• Identify new and amendments to investment legislation that impact PIC and advise and
  assist with implementation.
• Manage and assist with litigation of the PIC
• Advice on policies and procedures pertaining to Properties
• Manage conveyancing aspects of Properties
• Assist with projects of the PIC.
• Manage legal instructions and attorneys on the panel
• Provide training to staff

Competencies and skills:

• Corporate Law and Investment Management experience
• Excellent and good quality drafting of corporate finance-type agreements
• Property Law, Corporate Law and Investment Management experience
• Excellent drafting of Real Estate type agreements
• Accounting and financial skills
• Results orientation
• Influence and persuasion
• Project management
• Emotional intelligent
• Ability to deal with pressure
• Conflict management
• Excellent negotiation skills

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 14 August 2024

• Grade Range: The grade range for this position is from D1 – D5, commensurate with applicable
  minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Development Manager

• Position: Development Manager Fixed Term Contract (12 months)
• *Job Grade: D1 – D5
• Ref: DEV 001
• Salary: All-inclusive remuneration package negotiable
• Centre: PIC Properties

Purpose of the role:

The Development Manager manages specific developments from inception to the delivery of a
completed Asset. One of the key focus areas of this role is to ensure innovations in terms of resource
efficiency, sustainability and green developments. This role plays an integral part in the project
management execution of new development opportunities as well as the upgrading of the PIC’s
investment property assets.

Requirements:

• Relevant Hons equivalent degree in Business, Built Environment or Property related field
• Minimum 5 – 7 years’ relevant experience within the Property Industry
• FAIS RE 05 Certificate or must be obtained within 6 months of employment
• Technical Knowledge in Asset Management
• Strong market research capability
• Proven understanding of financial models and cost management

Duties:
Create and manage development opportunities from inception to delivery

• Conduct market research and gather market intelligence on the local Property Market and
  all development activity.
• Investigate project desirability in line with Company Strategy and market conditions by
  generative feasibilities.
• Manage developments on existing land in line with associated rights.
• Optimise and approve building design and ensure sustainability of investments, in line with
  Town Planning principles.
• Manage and monitor actual developments versus projects approved by the Investment
  Committees in terms of design, cost, budget and timeline.
• Manage the delivery of all development projects and present feedback to the National
  Development Manager and Investment Committees in collaboration with the appointed
  Professional teams.

Manage the financial aspects of all development projects including financial modelling

• Monitor spend per project and provide feedback to the Investment Committee.
• Co-create and present monthly budgets to the National Development Manager for all
  development purposes and monitor actual spend versus budget.
• Monitor profitability per development.

Ensure adherence to legal and regulatory requirements in terms of documentation and
contracts

• Ensure the drafting and signing of all necessary contracts in collaboration with the Legal
  Department.

Build and maintain strategic business relationships

• Manage developers and consultants, working on the PIC projects on behalf of the PIC or
  Joint Venture developments to achieve completion within agreed timelines.
• Build and maintain relationships within the Property and Development industry, Joint
  Venture partners, Local Authorities and other business stakeholders to grow and develop a
  strong business network.

Identifies and manages business risk

• Control, manage and govern the processes and systems within the area of accountability to
  ensure compliance and minimise the business risk.
• Implement all audit recommendations in the area of accountability and resolve audit
  findings timeously
• Ensure compliance with all health and safety regulations by PIC staff and contractors

Reports on all activities and latest trends

• Produce project status and financial reports for review by the National Development
  Manager

Participate in training and development initiatives in line with personal development plans

• Identify training/development needs and proactively select effective solutions to address
  development gaps.
• Ensure that a personal development plan is developed and implemented.
• Demonstrate the company values and habits

Competencies and skills:

• Excellent communication skills
• Negotiation Skills
• Organisational Leadership skills
• Time management
• Performance and result-oriented
• Ability to deal with pressure/stress
• Cost-consciousness (budgeting)
• Stay abreast of the latest property trends
• Stay abreast of the latest property law
• Problem-solving
• Customer service orientated
• Analytical thinker
• Initiating action

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 15 August 2024

• Grade Range: The grade range for this position is from D1 – D5, commensurate with applicable
  minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

All the best with your applications.