PIC Vacancies

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

Sector Specialist: Financial Services and Financial Inclusion

• Position: Sector Specialist: Financial Services and Financial Inclusion
• *Job Grade: E1 – E4
• Ref: SSF004
• Salary: All-inclusive remuneration package negotiable
• Centre: Research and Innovation

Purpose of the role:
As part of the Research and Innovation team, the candidate will support both the Listed and Unlisted teams with the generation of well-researched investment ideas, industry-leading sector knowledge, strategic initiatives and contribute to growth in assets under management.

Requirements:

• Postgraduate Degree in Commerce, Finance or equivalent qualification. Master’s
  degree/MBA/CFA would be advantageous.
• At least 5 – 8 years of relevant experience independently covering financial services research
  and analysis (banks, insurers, asset managers, micro lenders, etc.).
• Experience in undertaking sector research with implications for the economy, financial
  markets and investments is key.
• Experience of implementing research views on investment portfolios
• FAIS RE5 Certificate or it must be obtained within 6 months of employment

Duties:

• Produce industry-leading proprietary research that generates investment views and ideas
  in the Financial Services and Financial Inclusion sectors.
• Identify investment opportunities across the unlisted Financial Services / Inclusion sectors.
• Research and analyse the impact of current as well as evolving macro themes and trends
  in the Financial Services/ financial inclusion sector.
• Develop industry-leading knowledge on sectorial key value creation drivers and response
  to various macro environments.
• Identify and generate sector, intra-sector and cross-sector investable opportunities.
• Develop, analyse and update valuation models for private companies. Estimate sector
  returns.
• Remain up-to-date on developments in global financial markets and economics.
• Assist deal teams in understanding the key risks and opportunities during the due diligence
  process, when potential investments are being evaluated.
• Assist with deal origination for PIC’s Project Development Partnership Fund.
• Prepare speaking and briefing notes for executive and non-executive directors on various
  topics

Competencies and skills:

• Company and Sector analysis
• Financial modelling skills
• Excellent writing and communication skills
• Excellent presentation skills
• Ability to work alone and in a team
• Time management
• Performance and result-oriented
• Ability to deal with pressure/stress
• Stay abreast with the latest trends in the economy
• Problem-solving skills
• Ability to evaluate market intelligence
• Customer service orientated
• Management skills
• Analytical thinker
• Good understanding of Risk
• Experience in working on Bloomberg (preferred)

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.

Closing Date: 5 August 2025

• Grade Range: The grade range for this position is from E1– E4, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.

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

Divisional Administrator – Investment Legal

• Position: Divisional Administrator – Investment Legal
• *Job Grade: C1 – C5
• Ref: DADML01
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To provide administrative support and services to the Investment Legal team in the execution of their duties

Requirements:

• Grade 12 & Administration Diploma or equivalent
• Diploma in Administration or Paralegal qualification
• Minimum 3 – 5 years of Office Administration experience in a legal/corporate/investment
  environment (corporate or law firm)
• Paralegal experience is advantageous
• Proficient in all MS Suite

Duties:

• Providing support to the colleague who has special needs
• Assist the Investment Legal team to ensure all deliverables are completed timeously
  through coordinating, compiling and performing quality control on all documents released
  from the department.
• Providing support to the colleague who has special needs
• Facilitate networking and relationship building internally and externally with all potential
  stakeholders
• Project manage deliverables across different internal and external teams –including
  documentation and diaries.
• Manage departmental databases and emails, ensuring efficient and well-organised
  systems. This includes the implementation and maintenance of an efficient record system
  of all documents received and distributed.
• Support administrative duties for the Senior Managers, ensuring the
• The departmental diary is well managed
• Assist with departmental budgets, including invoicing processing for
• procurement spend.
• Assist the Investment Legal team with administrative needs as and when required
• required.
• Processing and payment preparation for invoices relating to Costs for submission to
  Finance for payment;
• Conduct weekly review of business units budget utilisation for discussion with Line
  Manager;
• Weekly review of outstanding requisitions and purchase orders to ensure that long-standing
  requisitions and purchase orders are attended to promptly

Competencies and skills:

• Excellent communication skills
• Time management
• Ability to deal with pressure/stress
• Problem solving
• Customer service orientated
• Target driven
• Attention to detail
• Performance driven

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 30 July 2025

• Grade Range: The grade range for this position is from C1– C5, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Sector Specialist: Agriculture & Agri-Business

• Position: Sector Specialist: Agriculture & Agri-Business
• *Job Grade: E1 – E4
• Ref: SSAP006
• Salary: All-inclusive remuneration package negotiable
• Centre: Research and Innovation

Purpose of the role:
As part of the Research and Innovation team, the candidate will support both the Listed and Unlisted teams with the generation of well-researched investment ideas, industry-leading sector knowledge, strategic initiatives and contribute to growth in assets under management

Requirements:

• Post Graduate Qualification (NQF 8) in Commerce, Finance or equivalent relevant
  qualification. Master’s degree/MBA/CFA would be advantageous.
• At least 7 years’ Relevant Experience as an Agricultural Economist or Agri-Business
  Specialist. Experience within asset management/banking/DFI with a focus on agri
  transactions/investments
• Experience in undertaking research with implications for the agri industry, economy and
  investments is key.
• Experience of Implementing research views in investment portfolios
• High-level research innovation and creativity that can translate into investment ideas to be
  implemented on the PIC Portfolio.
• FAIS RE5 Certificate or it must be obtained within 6 months of employment

Duties:

• Produce industry-leading proprietary research that generates investment views and ideas in
  agriculture & agri-processing for implementation in the PIC Portfolio.
• Identify investment opportunities in agriculture & agri-business for unlisted investment
  divisions.
• Undertake thematic research and thoughtful leadership pieces to drive investment strategy.
• Develop and update sector investment strategies for agriculture and agri-business.
• Undertake market research analysis for unlisted transactions.
• Monitor risks affecting the agriculture industry and the impact of PIC agri investments and
  portfolio.
• Support the deal team during the due diligence process and in evaluating new potential
  investments, as well as the post-investment teams in value creation initiatives and turning
  businesses in distress around.
• Supervising and mentoring senior analysts and research analysts.

Competencies and skills:

• Excellent writing and communication skills
• Excellent presentation skills
• Industry and sector research
• Ability to work alone and in a team environment
• Good time management
• Performance and results-oriented
• Ability to deal with pressure/stress
• Stay abreast with the latest trends in the economy
• Problem-solving skills
• Ability to evaluate market intelligence
• Customer service orientated
• Management skills
• Analytical thinker
• Good understanding of Risk

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 5 August 2025

• Grade Range: The grade range for this position is from E1– E4, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Research Analyst (Resources)

• Position: Research Analyst (Resources)
• *Job Grade: C3-D3
• Ref: RAR210725
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To carry out in-house equity research, supply the Head of Equities and Portfolio Manager: Resources with
equity investment recommendations to enable PIC to meet its investment targets. To also assist with the
forecast of key commodities as well as the maintenance of the house view insofar as it relates to the
Resources sector for the PIC.

Requirements:
Minimum Qualifications and Experience:

• B Degree in Commerce, Finance or Science
• At least 3 to 5 years’ experience in financial markets
• FAIS RE5, RE1 and RE3 (or to be obtained within 6 months)

Preferred Qualifications and experience:

• A Postgraduate degree in Science, Commerce and Finance, MBA, CFA or CA
• B.Sc (Eng) and B.Sc (Geology) or similar
• Work experience in mining/oil and gas sector

Minimum Technical/Core Skill Requirement

• Understanding of the resources sector (Commodities, cost drivers and changing macro
  impact)
• Investment banking, private equity or equity research experience
• Maintain, develop, and update fundamental equity models

Duties:

• Highlighting key macroeconomic events to the team
• Formulation of house commodity view, together with the Resources team
• Stock recommendation with detailed investment thesis
• Detailed presentation of these recommendations to both the sector-head as well as the
  Internal Listed Equities team
• Complete and customise valuation models
• Awareness of portfolio and stock exposures
• Timely maintenance of valuation models to factor in new market information
• Provision of investment thesis, valuations, industry and company information
• Provision of timely commentary – dissemination of real-time news-flow

Competencies and skills:

• Excellent communication skills, both verbal and written
• Good interpersonal skills
• Presentation skills
• Be able to handle pressure
• Time management skills
• Analysis and attention to details
• Business and financial acumen
• Judgment and Problem-solving
• Drives consistent results

Our firm values diversity and excellence andis committed torealising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplinedand eager to be part of a
team thatis focused on creatingmeaningful change, you are encouraged to apply for this position.
Closing Date: 04 August 2025

• Grade Range: The grade range for this position is from C3-D3, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae, quoting the position reference number, to: Recruitment6@pic.gov.za

Head: Listed Investments

• Position: Head: Listed Investments
• *Job Grade: F2-F3
• Ref: HLI/25
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
The position’s primary role is to lead the division and provide strategic direction in fulfilling the PIC mandate as an Investment Manager.

Requirements:
Minimum Qualifications and Experience:

• Honours degree (statistics, mathematics, finance, accounting, investment management,
  portfolio management or any other relevant commerce) or equivalent
• Professional qualifications (CFA, CA, FRM, PRM)
• A minimum of 10 years relevant experience, of which 5 years must at least be in senior
  management.
• FAIS RE5, RE1 and RE3 (or to be obtained within 6 months

Preferred Qualifications :

• Post graduate qualification MBA/M.Com/MFI/MSc/ Engineering and/or any relevant Master’s
  degree

Minimum Technical/Core Skill Requirement

• Relevant experience in team leadership and People management
• Knowledge of risk management
• Interpretation of client mandates
• Tactical asset and sector allocation
• Good investment and people judgment
• Time Management and prioritisation
• Research on investment information

Duties:

• Generate superior risk-adjusted returns for clients while being cognisant of also providing
  optimal societal outcomes.
• Motivate the team of analysts and portfolio managers to perform at their best levels.
• Encourage idea generation and optimal portfolio construction.
• Manage stakeholders and work cohesively with peers, clients and principals.
• To provide strategic vision, leadership, and management of the Listed Investments
• Manage and coordinate all equity investment functions of the PIC to ensure that the listed
  investments deliver on its mandated objective of outperformance.
• Drive PIC’s strategic vision in the Listed Investments division.
• Development of strategies and policies for the listed investments (listed equities, listed
  REITS, fixed income and externally managed).
• Management of the listed equities, fixed income, property and multi-management processes.
• Development and maintenance of the asset allocation strategy.
• Manage the incorporation of ESG principles into the investment process.
• Lead a dynamic team of professionals.

Competencies and skills:

• Conceptual and strategic thinking
• Analysis and attention to detail
• Business and financial acumen
• Judgment and Problem-solving
• Drives continuous improvement
• Drives consistent results
• Build collaborative relationships
• Interpersonal agility
• Influences with impact
• Inspires shared vision and purpose
• Plans, organises and monitors work
• Lead change
• Build capability

Our firm values diversity and excellence and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 30 July 2025

• Grade Range: The grade range for this position is from F2-F3, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae, quoting the position reference number, to: Recruitment6@pic.gov.za

Investment Analyst: Multi-Management: Private Markets x2

• Position: Investment Analyst: Multi-Management: Private Markets x2
• *Job Grade: C3 – D3
• Ref: INVST016
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
The objective of the role is to undertake research and provide information and investment ideas to the
Associate Fund Principals and Fund Principal.

Requirements:

• Relevant Bachelor’s degree or equivalent qualification
• Postgraduate qualification (Hons, Masters, MBA, etc), CFA or CA(SA) would be
  advantageous
• FAIS RE 05 Certificate or must be obtained within 6 months of employment
• 2 -3 years of investment experience. Private Equity, Fund of Funds or Multi-manager
  experience would be advantageous
• Ability to conduct detailed research on sectors or industries.

Duties:

• Deal screening – desktop analysis of investment opportunities
• Preparation of preliminary scoping reports
• Assist the team in complying with the requirements of each stage of the investment process
• Assist the team in planning and coordinating due diligence on potential investment
  opportunities
• Assist the team with relevant research and information in structuring and pricing of
  transactions
• Assist the team in preparing term sheets
• Assist the team in the preparation of appraisal reports
• Review transaction agreements
• Assist the team in the implementation and disbursement process
• Assist the team in the handover of approved transactions to various divisions, including
  portfolio management
• Assist the team in ongoing monitoring of a portfolio of funds, including review of quarterly
  reports, valuation, risk management, compliance and reporting
• Participate in the exit process for transactions.

Competencies and skills:

• Investment Analysis Skills
• Basic Financial Modelling Skills
• Planning and Organising Skills
• Time management
• Research and Analytical Skills
• Commercial Skills
• Writing and Presentation Skills
• Interpersonal and Communication Skills
• Negotiation and Deal Structuring
• Problem solving.

Our firm values diversity and excellence, and is committedto realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplinedand eager to be part of a
team thatis focused on creatingmeaningful change, you are encouraged to apply for this position.

Closing Date: 25 July 2025

• Grade Range: The grade range for this position is from C3– D3, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

Associate Fund Principal: Workout & Restructuring

• Position: Associate Fund Principal: Workout & Restructuring
• *Job Grade: E1-E4
• Ref: AFP150725
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To manage, monitor and develop plans for investments that have been placed under the Turnaround
portfolio (Turnaround, Legal, Business Rescue or Liquidation) for compliance with the agreed-upon plans.
This will be either supervising internal resources allocated or suppliers from the Turnaround and Value Add Panel. Compiling reports for internal and/ or external consumption on the TOVA portfolio. Assist the Fund Principal in the implementation of the Turnaround and Value-Add strategy for the PIC and its clients. Assist the Fund Principal with technical support in his role as Advisor on listed investments under Business Rescue and unlisted investments, which are referred to TOVA for guidance on the way forward to realise value for our clients. Assist the Fund Principal in providing Value Add Advisory Services across PIC.

Requirements:
Minimum Qualifications and Experience:

• B.Com (Honours) in Finance or B.Sc (Honours) in Finance or any other related commerce
  and finance degree
• A minimum of 8 – 10 years of experience in commercial/corporate turnarounds and
  rehabilitation in an asset management / private equity organisation or a financial institution,
  or a consulting firm
• 4-5 years of management experience
• FAIS RE 05 Certificate (or obtained within 3 months of employment)

Preferred Qualifications:

• Post Graduate Degree (finance, engineering, legal) or any other relevant commerce and
  engineering degree
• CA (SA), CFA or Master’s degree would be an advantage

Key Technical/Core Skills Requirement:

• A well-developed knowledge of business, management and finance philosophies,
  practices, etc.
• Turnaround management/ Business Rescue experience and/or qualification.
• Able to use technical and business understanding to assist with the rehabilitation of nonperforming assets.
• Able to apply a wide range of financial and risk assessment and mitigation techniques to
  the client’s business operations.
• Able to develop innovative solutions, identify new areas of opportunity, and identify,
  analyse and address the appropriate risks to rehabilitate the client.
• Able to utilise complex influencing strategies for leverage.
• Strong business acumen and strategic advisory experience.
• Dealing with private sector / commercial workouts turnarounds – real examples will need to
  be provided.
• Extensive experience in the legal process associated with turnarounds /workouts, business
  rescue and liquidations.

Duties:

• Develop and implement turnaround and monitoring plans for all assets that are placed in the
  Turnaround Portfolio, which are allocated to you in Consultation with the Fund Principal.
• Develop and keep updated the skills matrix of the Turnaround Panel Members to enable
  timeous and effective procurement.
• Assist in maximising the value of assets under management through proactive intervention
  and value addition in portfolio companies.
• Assist in the restructuring of investments that are experiencing financial difficulties to ensure
  long-term financial viability.
• Monitor all investments under turnaround in your portfolio on a bi-monthly (every second
  week) basis (compliance and performance) in accordance with monitoring processes,
  policies, guidelines, frameworks and practices.
• Prepare and present reports to Committees as indicated by the FP and to the various client
  committees.
• Ensure that key risk factors, that were not previously identified by PMV, are proactively
  identified and managed, including drafting lessons learnt and submitting to FP for inclusion
  in the Investment Process and for sharing with relevant PIC teams with a view to improving
  investment performance.
• Conduct portfolio company visits and maintain ongoing interactions with the portfolio
  companies.
• Supervise and mentor a team of internal resources and or specialist consultants in a private
  equity environment.
• Manage and monitor performance of external service providers, including liquidators and
  business rescue practitioners, to ensure that they deliver in terms of the agreed mandate on
  a timeous and cost-effective basis.
• Preparing submissions to nominate liquidators and business rescue practitioners to the
  Master to further our transformation objectives in the industry.

Competencies and skills:

• Problem-solving skills
• Pro-active management of deliverables
• Providing innovative solutions to challenges
• Good report writing and presentation skills to internal and external stakeholders
• Excellent communication skills (oral and written)
• Interpersonal skills
• Negotiation skills
• Planning and organising
• Time management
• Performance and result-oriented
• Ability to deal with stress/pressure
• Strong quantitative and qualitative analytical skills
• Customer service oriented

Our firm values diversity and excellence, and is committed to realising these across all operations
and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a
team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 29 July 2025

• Grade Range: The grade range for this position is from E1 – E4, commensurate with applicable
  minimum requirements.
  The PIC is an equal opportunity employer and aligns appointments with its Employment Equity
  Plan.
  Please forward a copy of your comprehensive curriculum vitae to: Recruitment6@pic.gov.za

We wish you all the best with your applications