PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES

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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: 
 
SENIOR MARKET RISK ANALYST 
Job Grade: E1 – E4 
(Ref: SAMR_001) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation Risk division, Pretoria 
 
Requirements:

• Postgraduate degree in commerce, science or any related equivalent qualification 
• CFA, FRM, PRM and/or equivalent advantageous 
• 6 – 8 years relevant experience 
• FAIS RE 05 certification or must be obtained within 6 months of employment 
• Sound understanding both in terms of depth and breadth of financial risk management principles 

 
Duties:
• To provide expert advice on processes and methods to identify, analyse, measure, evaluate, monitor and regularly report investment risk for listed asset classes periodically 
• Subject matter expert on listed portfolio investment risk and performance management 
• To implement effective liquidity risk management practices within the PIC 
• Monitoring of market and liquidity risk compliance with mandates, deal agreements, policies, and processes 
• Periodic valuation of financial instruments, derivates and other structured investment products 
• Compilation of risk and portfolio analysis reports for internal and external stakeholders (e.g., management and clients) 
• Presentation of risk reports to internal and external stakeholders Internal Use Only 
• Periodic portfolio analysis (e.g., stress-testing) (daily, monthly, as required) 
• Adherence and maintenance of market risk policies and guidelines, and risk register to ensure that risk management controls remain robust. 
• Lead, mentor and develop graduates and analysts in the Market Risk division 
 
Competencies and skills: 
• Strong financial analytical skills 
• Strong quantitative skills 
• Knowledge of risk management systems (e.g. MSCI Barra, Bloomberg) 
• Advanced Excel, MS Access and VBA skills 
• Knowledge of Matlab, SAS and/or R 
• Knowledge of risk management principles and practices 
• Asset management and/or financial services knowledge and experience 
• Strong valuation capabilities (listed and unlisted instruments) 
• Strong financial modelling capabilities (build, maintain and validate models) 
• Ability to work in a highly pressurized environment 
• Compliance management 
• Pro-active and strategic thinking 
• Information systems 
• Inter-personal relations 
• Creativity/innovation 
• Project management skills (for market risk project implementation) 
• Excellent communication skills, both verbal and written 
• Ability to communicate with senior management 
• Strong presentation skills (verbal and written) 
 
 
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: 1 March 2024 
 
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za
 
* Grade range is from E1 – E4 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.
 
 
 
 

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The Public Investment Corporation (PIC) manages investments on behalf of the Government Employees Pension Fund, Unemployment Insurance Fund, Compensation Fund and other public sector entities. The organisation is one of the largest investment managers in the country and on the African continent. Applications are invited from dynamic individuals for the following challenging position: 
 
ESG ASSOCIATE (UNLISTED) 
Job Grade: *D1-D5 
(REF No: ESGA140224) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Minimum Qualifications: 
ESG-related (Environmental, Governance or Social) Honours degree 
5-7 years experience in an ESG role 
 
Preferred Qualifications: 

• Diploma in Company Direction 
• MBA/ MBL or ESG related Masters Qualification (advantageous) 

 
Preferred Body / Association: 

• Institute of Directors 
• South African Council for Natural Scientific Professions 
• Chartered Institute of Secretaries 

 
Minimum Technical/Core Skill Requirement 

• Corporate governance 
• Understanding of Environmental, and/or social legislative framework 
• Understanding of Corporate Governance and its principles 
• Social impact assessment (summative and formative) 
• Portfolio monitoring 
• ESG due diligence experience 
• Working knowledge of BBBEE issues 
• Good Understanding of ESG principles 
• Good understanding of capital markets and the investment management industry 

 
Duties:

• Input to the development of the ESG strategy 
• Implementation of ESG Strategy 
• ESG due diligence on transactions – pre and post 
• Portfolio monitoring of ESG plans and issues 
• Reporting on ESG performance, plans and issues as required by business and stakeholders 
• Training of PIC staff and companies on compliance with ESG issues 
• Periodic impact analysis 
• ESG Research activities 
• Manage resources and staff 
• Analysis of Companies on their ESGT performance and the management of their respective ESG risks and opportunities 
• Conducting engagements with companies on ESGT issues 
• Supporting and developing tools and frameworks for the effective integration of ESGT analysis into the investment process 
• Contributing to PIC ESG thought leadership research analysis and integration. 
• Inputs into Client Reporting 
• Inputs into ESG Stewardship Reporting. 

 
Behavioural Competencies: 
• Teamwork & Cooperation 
• Ability to communicate complex issues in both spoken and written form. 
• Numerate and analytical thinker 
• Self-starter and ability to take initiative 
• Stakeholder management 
• Commercial Business Acumen 
• Ability to conduct research and analysis 
• Good presentation skills 
 
The PIC assets under management are nearly R2.6 trillion across listed and unlisted investments. The firm prides itself in its diversity, excellence, and a commitment to contribute positively to society in all its activities. The PIC offers unparallel exposure to investment markets, industries, sectors and is globally recognised as a leading investment firm when it comes to Responsible Investing. If you are dynamic, resilient, agile, disciplined and are committed to making a difference - we look forward to your application. 
 
Closing Date: 21 February 2024 
 
PIC is an equal opportunities employer and as such appointments will be done in line with PIC’s Employment Equity Plan. 
 
Please forward a copy of your comprehensive CV quoting “ESGA140224” to Recruitment6@pic.gov.za
 
* Grade range is from D1-D5 commensurate with applicable minimum requirements 
 
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.