PUBLIC INVESTMENT CORPORATION (PIC) Public Investment Corporation SOC Ltd Private Bag X187 Pretoria 0001 Republic of South Africa
The Public Investment Corporation (PIC) invests funds on behalf of public sector entities including the Government Employees Pension Fund. The organisation is the largest investment manager in the country and the continent. Applications are invited from dynamic individuals for the following challenging position: DIVISIONAL ADMINISTRATOR Grade: C1 – C5 (Ref: DAMMPR01) Salary: All-inclusive remuneration package negotiable Centre: Public Investment Corporation, Multi-Manager: Private Markets Purpose: To provide administrative support and services to the Multi-Manager: Private Markets in the execution of their duties. Requirements:
Duties:
Competencies and skills:
With the PIC having topped the R2,6 trillion mark in assets under management and in the process of entering the global investment market, it is the best asset manager any serious professional would want to be associated with. It is also one of the better places from which one can serve South Africa. Closing Date: 23 January 2024 PIC is an equal opportunities employer and as such appointments will be in line with the PIC Employment Equity plan. Please forward copies of your comprehensive CV’s to Recruitment4@pic.gov.za * Grade range is from C1 – C5 commensurate with applicable minimum requirements. Privacy Notice: By submitting your job application, you consent to PIC’s processing of your personal information for the purposes of assessing your job application. PIC will process your Personal Information in accordance with applicable laws and the PIC Privacy Policy available here (www.pic.gov.za). You are free to withdraw your consent at any time, after which, PIC may no longer be able consider your job application The Public Investment Corporation (PIC) invests funds on behalf of public sector entities including the Government Employees Pension Fund. The organisation is the largest investment manager in the country and the continent. Applications are invited from dynamic individuals for the following challenging position: CREDIT RISK ANALYST Job Grade: D1 – D5 (Ref: CRA002) Salary: All-inclusive remuneration package negotiable Centre: Risk Management division, Pretoria Requirements: • B Com Degree (Finance/Accounting), BSc (Actuarial/Mathematics) or any related Commercial degree • Postgraduate Finance or Investment-related Degree, CFA, FRM, CAIA (Highly Advantageous) • 2 - 4 years of relevant experience in due diligence assessments of credit risk in Corporate Finance and Project Finance Deals. • Credit risk experience in both unlisted and listed credit is highly advantageous. • Knowledge of Credit Assessment Techniques for various asset classes • Knowledge of Financial Modeling and Valuation techniques • Knowledge of compliance requirements for investments in Asset Management Duties: • To provide expert advice on credit risk factors that may influence investment decisions made on PIC portfolios for both listed and unlisted investments. • To participate in due diligence of investment considerations and to provide independent risk assessment detailed reports, with recommendations to the various committees to inform decision-making. • To assess investment considerations against both the client mandates and the PIC’s internal investment-related and other applicable policies and processes, which assessment will form part of the overall risk assessment to inform decision-making. • To conduct ongoing risk monitoring, at investment and portfolio level for reporting to PIC Management, Client and Board (as required) • To participate in ad-hoc credit and investment risk-related projects and activities related to improving ways of measuring, managing, reporting and/or minimizing risk while ensuring maximized return on all PIC portfolios. • To participate in quarterly monitoring of investments (as required), including impairment calculations. • To participate in ad-hoc requests from clients and/or PIC management to provide input into the risks and opportunities for portfolio optimisation. • Contribute to the enhancement of credit risk and investment risk processes to enable continued robustness of PIC’s risk management. • To conduct ongoing research and understanding of financial markets to understand trends and risks to ensure informed credit risk recommendations. Competencies: • Knowledge of systems used in investments to perform and apply analytical skills • Valuation techniques for various asset classes (listed, unlisted and property assets) • Credit risk management for various asset classes (listed, unlisted and property assets) • Due diligence and Credit restructuring skills • Knowledge and understanding of financial and non-financial risks • Financial/Investment risk management • Investment Compliance management • Risk Monitoring and Reporting (‘Cradle to Grave’) • Programming skills given the dependency on model usage • Strong analytical skills • Strong research skills • Strong financial modelling skills • Strong presentation skills (written and verbal) • Ability to work and collaborate with multiple teams in the Investment Process • Ability to work independently to execute mandated tasks • Ability to communicate at senior management level • Ability to work under pressure and tight deadlines Internal Use Only • Ability to travel (domestically and internationally) to conduct due diligence • High degree of ethical conduct to ensure the integrity of the investment portfolios and the PIC With the PIC having topped the R2.6 trillion mark in assets under management and in the process of entering the global investment market, it is the best asset manager any serious professional would want to be associated with. It is also one of the better places from which one can serve South Africa. PIC is an equal opportunities employer and as such appointments will be in line with the PIC Employment Equity plan. Closing Date: 18 January 2024 Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za * Grade range is from D1 – D5 commensurate with applicable minimum requirements. Privacy Notice: By submitting your job application, you consent to PIC’s processing of your personal information for the purposes of assessing your job application. PIC will process your Personal Information in accordance with applicable laws and the PIC Privacy Policy available here (www.pic.gov.za). You are free to withdraw your consent at any time, after which, PIC may no longer be able consider your job application The Public Investment Corporation (PIC) invests funds on behalf of public sector entities. The organisation is one of the largest asset managers on the African continent. Applications are invited from dynamic individuals for the following challenging position: JUNIOR FUND ACCOUNTANT Job Grade: C1- C5 (Ref: JFA01/10) Purpose of the role: The purpose of the role is to administer record keeping of property-related transactions and maintain controls on the accounting system to assist with the compilation of both financial and non-financial information. Salary: All-inclusive remuneration package negotiable Division: Finance Centre: Public Investment Corporation, Pretoria Requirements Minimum Qualifications:
Duties:
Competencies and skills:
With the PIC having topped the R2.5 trillion mark in assets under management and in the process of entering the global investment market, it is the best asset manager any serious professional would want to be associated with. It is also one of the better places from which one can serve South Africa. Closing Date: 18 January 2024 PIC is an equal-opportunity employer. Please forward the copies of your comprehensive CV’s to Recruitment2@pic.gov.za *Grade range is from C1- C5 commensurate with applicable minimum requirements. Privacy Notice. By submitting your job application, you consent to PIC’s processing of your personal information for the purposes of assessing your job application. PIC will process your Personal Information in accordance with applicable laws and the PIC Privacy Policy available here (www.pic.gov.za). You are free to withdraw your consent at any time, after which, PIC may no longer be able consider your job application.
The Public Investment Corporation (PIC) invests funds on behalf of public sector entities. The organisation is one of the largest asset managers on the African continent. Applications are invited from dynamic individuals for the following challenging position: FUND FINANCIAL ACCOUNTANT Job Grade: D1- D5 (Ref:FFA01/10) Purpose of the role To account for property investment transactions ensure accurate financial reporting to stakeholders and provide support to the Properties division. Salary: All-inclusive remuneration package negotiable Division: Office of the CFO; Finance Centre: Public Investment Corporation, Pretoria Requirements: Minimum Qualifications:
Preferred Qualifications:
Duties:
Competencies and skills: • Knowledge of IFRS, GRAP, Company’s Act, Income Tax Act, PFMA and other relevant legislation • Broad knowledge of financial policies and practices • Knowledge of Financial accounting principles • Knowledge of Property Application Systems, COGNOS Reporting System and, Caseware • Understanding of how the public service operates • Project management experience • Knowledge of property business • Applying critical thinking to resolve problems • Ability to analyze and interpret large volumes of financial data • Ability to multitask • Collaboration • Strong interpersonal, communication and presentation skills With the PIC having topped the R2.5 trillion mark in assets under management and in the process of entering the global investment market, it is the best asset manager any serious professional would want to be associated with. It is also one of the better places from which one can serve South Africa. Closing Date: 17 January 2024 PIC is an equal-opportunity employer. Please forward the copies of your comprehensive CV’s to Recruitment2@pic.gov.za *Grade range is from D1- D5 commensurate with applicable minimum requirements. Privacy Notice. By submitting your job application, you consent to PIC’s processing of your personal information for the purposes of assessing your job application. PIC will process your Personal Information in accordance with applicable laws and the PIC Privacy Policy available here (www.pic.gov.za). You are free to withdraw your consent at any time, after which, PIC may no longer be able consider your job application.
Comments are closed.
|