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RESPONSIVE
 
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 R2.6 trillion. At the centre of our growth is a team of self-driven professionals who are results-focused. 

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We are currently seeking applications from dynamic individuals for the following position: 
 
SENIOR MANAGER: DIRECT INVESTMENTS (REF: SM_DI14) 
Grade: E4 – F1 
Salary: All-inclusive remuneration package negotiable 
Centre: PIC Properties division, Pretoria 
 
Purpose of the role: 
To oversee property portfolios of both direct assets and investment vehicles pertaining to the directly held portfolio. To combine the strategic day-to-day running of the portfolio along with driving the added value initiatives, through development, acquisition and disposal, and reporting to the client. 
 
Requirements:
  • Honours BCom Finance degree or equivalent qualification (NQF level 8) 
  • Relevant MComm, MBA or MSc in Real Estate would be advantageous 
  • Minimum 10 - 12 years’ experience within the Property Investment Industry in Senior Management with at least 5 years’ experience in managing direct reports 
  • Knowledge of Property Asset Management, Property Management, Property Law, Property Development, Property Acquisition & Disposal, Accounting and performance calculation 
  • Sound, Strong and Ethical Leadership 
  • FAIS RE 05 Certificate or must be obtained within 6 months of employment 
 
Duties:
  • Effective management and oversight of property portfolio of direct assets and related investment vehicles 
  • Ensure achievement of market-related returns on investments and the existing portfolio
  • Growth and Development of the portfolio in line with the requirements of the mandate and strategy 
  • Unlocking value for clients through underlying asset strategies 
  • Manage risk to ensure the stability of cash flows 
  • Initiation of effective internal business processes and procedures for the achievement of better efficiencies 
  • Accurately report to the Board, and relevant committees 
  • Oversight and development of investment strategies at a building and portfolio level 
  • Oversight and implementation of sustainable initiatives to drive efficiencies at a building and portfolio level 
  • Effective stakeholder management of Property Management function to ensure effective management of portfolio assets are performed 
  • Effective oversight and management of the Asset Management and Development Team to ensure that new and refurbished buildings are 
  • Effective management and oversight of Property Budgets 
  • Management and Monitoring of performance of staff in line with KPI’s 
 
Competencies and skills: 
  • Excellent communication skills 
  • Negotiation Skills 
  • Time management 
  • Performance and Result oriented 
  • Ability to deal with pressure/stress 
  • Cost-consciousness (budgeting) 
  • Problem-solving
  • Customer service orientated 
  • Management Skills 
  • Organisational Leadership 
  • Analytical thinker




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Our firm values diversity, excellence and is commitment to realisation of these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and are 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: 06 June 2024 
 
* Grade Range: The grade range for this position is from E4 – F1, 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: Recruitment4@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.