PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES

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We are currently seeking applications from dynamic individuals for the following position: 
 
ASSOCIATE: WORKOUT AND RESTRUCTURING 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
*Job Grade: D1-D5 
Ref: AWR100625 
 
Purpose of the role: 
To manage and monitor investments from compliance to legal agreements, investment performance and TOVA issues, including Liquidations and Business Rescue Processes. 
 
Requirements:
Minimum Qualifications and Experience: 

• B Com (Honours) in Finance or B.Sc (Honours) in Finance or any other similar commerce, engineering, legal, internal audit or finance degree 
• A minimum of 6 years’ experience in commercial/corporate turnarounds and rehabilitation, in an asset management, private equity organisation, financial institution or consulting firm in the areas of financial management, business processes, HR management and structures, systems and related areas 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 

 
Preferred Qualifications:

• Professional qualification in finance, engineering, legal, internal audit or any other similar relevant degree 
• Chartered Accountant, CFA, Master’s degree or Certified Rescue Analyst (CRA) would be an advantage 

 
Key Technical/Core Skills Requirement - experience in at least 4 areas must be demonstrated 

• Knowledge of credit risk assessment 
• Knowledge of Financial Analysis and Interpretation 
• A well-developed knowledge of business, management and finance philosophies and practices. 
• Well-developed knowledge of working in a consulting environment solving problems for organisations or companies in the areas of balance sheet and income statement management, general financial management, business processes, HR structures, processes and capacity, governance, accounting and other systems and general evaluation of businesses. 
• Ability to apply technical and business understanding to assist with the rehabilitation of non-performing assets. 
• Ability to apply a wide range of financial and risk assessment and mitigation techniques to the client’s business operations. 
• Dealing with private sector / commercial workout turnarounds 
• Experience in the legal process associated with turnarounds /workouts, business rescue and liquidations. 
• Experience in Investment Analysis and Financial Modelling 
• Experience in working with Government, SOE’s and the Auditor General 
• Experience in managing consultants and holding them accountable for outcomes within budgeted timeframes 

 
Duties:

• Prepare submission reports for the various committees, clients and other stakeholders 
• Review submission documents prepared by PMV and ESG for the movement of investments to Turnaround 
• Assist in drafting RFPs for approval by the AFP &/ FP 
• Monitoring of investments against Turnaround Plans 
• Provide early warning signals to Manager on new developments not already identified at the date of transfer 
• Update database of investee companies, research and analysis for all investments moved to the Turnaround portfolio 
• Conduct portfolio company visits and maintain ongoing interactions with the portfolio companies 
• Conduct detailed financial analysis on investee companies 
• Assist in due diligence scoping and conducting due diligence for investments that may be required to implement the turnaround plan 
• Assist in the drafting of legal agreements 
• Assist in the restructuring of the transaction 
• Perform/Assist in Valuations if part of the Turnaround Plan 
• Updating of valuations model and database 
• Data capturing (capturing all the investee companies data into the systems) 
• Development of a post-investment plan to be submitted together with the investment appraisal report 
• Assist in managing investees in Business Rescue by Monitoring the BR procedure 
• Assist in managing clients in Liquidation 
• Liaison with the Auditor General 
• Liaison with Clients 

 
Competencies and skills: 

• Problem-solving skills 
• Pro-active management of deliverables 
• Providing innovative solutions to challenges 
• Strong business acumen 
• 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 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: 17 June 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
 
Privacy Notice: By submitting your application, you consent to the PIC processing your personal information as per applicable laws and the PIC Privacy Policy available on the PIC website (www.pic.gov.za). You are free to withdraw your consent at any time, after which, the PIC may cease processing your application.
 
 
 
 
 
 

​We are currently seeking applications from dynamic individuals for the following position: 
 
HEAD: UNLISTED INVESTMENTS
Salary: All-inclusive remuneration package negotiable 
Centre: Pretoria, Unlisted Investments Division 
*Job Grade: F1- F2 
Ref: HUI/25 
 
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:

• Postgraduate degree in Finance, Economics, Business, or related field. CFA, CAIA, CA or MBA preferred. 
• Minimum 15 years relevant experience of which 5 years must at least be in senior management with relevant experience in team leadership and People management 
• Deep understanding of local private markets, fund structures, valuation methodologies, and market dynamics. 
• Proven track record in sourcing, executing, and managing unlisted investments 
• Knowledge of risk management 
• FAIS RE5, RE1 and RE3 (or to be obtained within 6 months) 

 
Duties:

• To provide strategic vision, leadership and management of the Private Equity, Fund of Funds, Structured Products, Debts and Structuring Investment Pillars and Impact Investment pillars excluding infrastructure-related investments 
• Strategy formulation, implementation, review, and adaptation 
• Contribute to the implementation of deal origination strategy of all other Unlisted Funds 
• Develop and implement functional relationships with other local and international asset holders/DFIs/government departments (e.g. Conclude and implement MOUs) 
• Develop and implement a portfolio diversification strategy 
• Team leadership to make investments efficiently (i.e., quick turnaround, staff productivity) 
• Stakeholder management 
• Lead a dynamic team of professionals 

 
Competencies and skills: 

• Conceptual & Strategic Thinking 
• Analysis and attention to details 
• Business and financial acumen 
• Judgement and Problem-solving 
• Drives consistent results 
• Build collaborative relationships 
• Interpersonal agility 
• Influences with impact 
• Inspires shared vision and purpose 
• Plans, organizes and monitors work 
• Lead change 
• Build capability 
• Interpretation of client mandates 
• Tactical asset and sector allocation 
• Research on investment information 

 
 
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: 17 June 2025 
 
* Grade Range: The grade range for this position is from F1 – F2, 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: Recruitment1@pic.gov.za
 
Privacy Notice: By submitting your application, you consent to the PIC processing your personal information as per applicable laws and the PIC Privacy Policy available on the PIC website (www.pic.gov.za). You are free to withdraw your consent at any time, after which, the PIC may cease processing your application.

​We are currently seeking applications from dynamic individuals for the following position: 
 
PORTFOLIO MANAGER (RESOURCES)- RE-ADVERTISEMENT 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
• *Job Grade:E2-E4 
• Ref:PMR220425 
 
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 relevant experience 
• Extensive Senior Management experience (At least 5-10 years) 
• FAIS Representative (or must be obtained within 6 months of employment) 

 
Preferred Qualifications:

• Postgraduate degree in Commerce, Finance or Science 
• 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 in order 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: 16 June 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
 
Privacy Notice: By submitting your application, you consent to the PIC processing your personal information as per applicable laws and the PIC Privacy Policy available on the PIC website (www.pic.gov.za). You are free to withdraw your consent at any time, after which, the PIC may cease processing your application.