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PUBLIC INVESTMENT CORPORATION (PIC)
Public Investment Corporation SOC Ltd
Private Bag X187
Pretoria 0001
Republic of South Africa
 
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 R3 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: 
 
ASSISTANT PORTFOLIO MANAGER (RESOURCES) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
*Job Grade:E1-E2 
Ref: APMR201025 
 
Purpose of the role: 
To carry out in-house equity research, supply Head of Equities and Portfolio Manager: Resources with equity buy or sell recommendations to enable PIC to meet its investment targets. To also assist with the maintenance of the house view insofar as it relates to the Resources and to supervise analysts. To also formulate the house view on different commodities and to maintain it over time.
 
Requirements:
Minimum Qualifications and Experience: 
  • B Degree in Commerce, Finance or Science 
  • At least 5 years relevant experience 
  • FAIS representative 
 
Preferred Qualifications and Experience: 
  • Postgraduate degree in commerce, finance, or science 
  • 6-7 years of relevant experience 
 
Professional Body/Association:
  • CFA/SAICA or Similar 
  • SAIMM or Similar 
 
Minimum Technical/Experience Requirement: 
  • Understanding of macro-economic factors to the extent they relate to commodity demand 
  • Understanding of commodity markets and commodity cycles 
  • Understanding of multiple valuation methodologies and their positives/negatives 
  • Stock-specific research 
  • Equity market research 
  • Maintain, develop, and update fundamental equity models 
 
Duties:
• Commodities and Stock recommendations with detailed investment thesis to develop and customize valuation models 
• Detailed presentation of these recommendations to both the sector head as well as the Internal Listed Equities team 
• Awareness of portfolio/stock exposures with continuous monitoring and assisting the Portfolio Manager in matching exposures with valuations 
• Provision of investment thesis, valuations, industry and company information on a timely basis 
• Supervise and train analyst 
 
Competencies and skills: 
  • Self-starter
  • Ability to cope with pressure and setbacks 
  • Strong numerical skills 
  • Communication and presentation skills 
  • Excellent writing skills 
  • Thorough and accurate analysis 
  • Interpersonal skills 
  • Planning and organising 
  • Delivering results and meeting customer expectations



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: 27 October 2025 
 
* Grade Range: The grade range for this position is from E1-E2, 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 CV 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.