Public Investment Corporation Jobs

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

Portfolio Manager (Resources)

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:

• Position: Portfolio Manager (Resources)
• *Job Grade: E2-E4
• Ref: PMR220425
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To oversee the daily management of the Resources equity portfolio, ensuring an informed investment
perspective that influences sector allocation decisions beneficial to the PIC’s equity portfolio. This role also involves delivering investment insights to both internal and external clients of the PIC and effectively
managing the activities of the Assistant Portfolio Manager and Analysts within their designated sector or
cluster.

Requirements:
Minimum qualifications and experience:

• B degree in Commerce, Finance or Science
• At least 8 to 10 years of relevant experience and extensive Senior Management experience
• FAIS Representative (or must be obtained within 6 months of employment)

Preferred Qualifications:

• Postgraduate degree in Commerce, Finance or Science

Professional Body/Association:

• CFA Institute / SAICA/ or Similar

Minimum Technical/Core Skill Requirement

• Investment analysis
• Evaluate market intelligence
• Recommend sector stocks
• Portfolio construction and maintenance
• Risk and Return attribution
• Develop excel-based valuation models
• Manage the fundamental equity models
• People Leadership

Duties:
Portfolio Management of sector Fund to generate superior returns;

• Synthesize Macro and Micro Economic variables and their impact on the sector and
  companies
• Provide investment thesis, industry and company valuations for decision-making
• Detailed analysis of companies and sectors to provide investment calls
• Provide Investment Reports to governance structures and clients.
• Develop customized Valuation Models
• Lead a team of Investment Professionals (Assistant PM and Analyst(s))

Competencies and skills:

• Ability to present and Communicate information
• Excellent writing and reporting skills
• Negotiation skills
• Interpersonal skills
• Planning and organising
• Delivering results and meeting customer expectations
• Ability to cope with pressures and setbacks
• Strong quantitative and qualitative analytical skills to make sound investment decisions
• Self-starter
• Problem-solving skills and ability to innovate
• Leading and supervising
• Strategic orientation

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: 22 May 2025

• Grade Range: The grade range for this position is from E2-E4, 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, quoting the position reference number, to: Recruitment6@pic.gov.za

PMV Associate (Properties)

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:

• Position: PMV Associate (Properties)
• *Job Grade: D1-D5
• Ref: PMVAP080525
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria

Purpose of the role:
To manage, monitor and analyse financial and non-financial performance information of Real Estate
Investments (Direct and Indirect Investments) and their respective counterparties. Overseeing allocated
investments against their long-term financial goals, risk mitigation and contributing to the developing value enhancement strategies

Requirements:
Minimum Qualifications and Experience:

• B Com (Honours) in Commerce or B.Sc (Honours) in Finance, Property Studies related
  degree or any other related commerce and finance degree
• 4 – 5 years experience in post-investment management, with exposure to commercial
  property or other investments
• FAIS RE 05 Certificate or must be obtained within 6 months of employment

Preferred Qualifications :

• CA (SA), CFA or Master’s degree would be an advantage

Minimum Technical/Core Skill Requirement

• Experience in Financial Modeling
• Credit risk and investment assessment
• Financial analysis and interpretation
• Investment performance monitoring, review and analysis
• Investment report writing
• Negotiation and deal structuring
• Financial modelling, returns and scenario analysis
• Demonstratable deal-making experience (debt, equity and/or quasi-equity)
• Portfolio/post-investment management (unlisted investments)
• Portfolio company value add

Duties:

• Monitor and analyse financial and non-financial performance information of Property
  Investments and their respective counterparties.
• Develop monitoring plans and post-investment management strategy for all Unlisted
  Property investments.
• Develop an investment plan to be submitted together with the investment appraisal report.
• Monitor all investments (compliance and performance) in accordance with monitoring
  processes, policies, guidelines, frameworks and practices.
• Minimise impairments of investments through active monitoring of covenants and early
  remedial actions
• Compile reports and present them to all Exco and Board sub-committees as well as Clients.
• Provide early warning signs to the Property Investments Team, Management and the
  respective Committees.
• Conduct investee companies and property site visits and maintain ongoing interactions with
  the investee companies.
• Risk mitigation and contributing to value enhancement strategies of property investments

Competencies and skills:

• Ability to present and Communicate information
• Excellent writing and reporting skills
• Negotiation skills
• Interpersonal skills
• Planning and organising
• Delivering results and meeting customer expectations
• Ability to cope with pressures and setbacks
• Strong quantitative and qualitative analytical skills to make sound investment decisions
• Self-starter
• Problem-solving skills and ability to innovate
• Work efficiently under pressure and ability to meet tight deadlines

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: 22 May 2025

• 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, quoting the reference number, to:
Recruitment6@pic.gov.za

Click here to apply

We wish you all the best with your applications

Careers

The PIC is the largest fund manager on the African continent, benefitting from exposure to some of South Africa’s largest funds and projects. A career with the PIC offers a challenging and exciting journey into the world of fund management. With approximately 393 employees managing over R2.5 trillion worth of assets in 4 major asset classes, the PIC offers an unparalleled experience for dedicated, performance-driven employees and promises career advancement and personal growth. Our people with diverse experience, knowledge and skills are the heartbeat of PIC.

Our portfolio spans diverse industry sectors inter alia, agriculture and agro processing, manufacturing and industrialization, mining and mining beneficiation, etc. The PIC has a mandate to invest in the rest of the African continent and beyond. Over and above generating financial returns for clients, through its impact-investing programme, the PIC seeks to generate social returns by investing in projects that ensure inclusive growth. The PIC supports the United Nations’ Sustainable Development Goals and considers environmental, social and governance issues in all its investments.

To build sustainable growth in our portfolio value and strengthen our capabilities, we have organised ourselves into two grouping for sharper focus.

Listed Investments

Unlisted Investments

Career Development and talent development

The PIC offers career development opportunities to all employees. Our talent development approach and Graduate Talent Development Programme incorporates development programmes and progression opportunities for our staff to gain experience and exposure. Our training offerings are specifically aimed at developing both technical and inter-personal skills.

Employee Benefits

One of the pillars of our vision is to care for our employees, and we are committed to inspiring them to reach their full potential. In addition to incomparable hands on experience, the PIC also offers a competitive employee value proposition.

Our remuneration philosophy

Anchored by our two overarching values, namely: “We Care” and “We Deliver” which puts PIC employees and its clients at the top of the priority list, this policy will reinforce and reward excellent performance that support the values, vision, mission and objectives of the PIC. Furthermore, policy outlines some of the key considerations, offerings and value propositions that will assist the PIC in the attraction and retention of highly competent and dedicated individuals.

These offerings include both guaranteed pay and variable pay
Guaranteed pay

• Basic salary
• Benefits such as medical aid and funeral cover

Variable remuneration

• Performance short-term Incentive Scheme
• Long-term Incentive Scheme

Make a positive impact with us

We are a team of approximately 393, with diverse nationalities. We are guided by our values in all that we do as an investor. Apply now to join our experienced professionals and make a difference.