PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES

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We are currently seeking applications from dynamic individuals for the following position: 
 
OPERATIONAL RISK ANALYST 
• *Job Grade: D1 – D5 
• Ref: AORM001 
Salary: All-inclusive remuneration package negotiable 
Centre: Risk Management 
 
Purpose of the role: 
To identify, assess and mitigate risks within the organization’s operational processes.
 
Requirements:

• Relevant degree in Risk or Audit or equivalent relevant qualification 
• Sound understanding of operational risk management principles. 
• Financial services industry knowledge and experience (Preferably Asset Management). 
• A good understanding of the key areas of the organization. 
• 2 - 4 Years relevant experience 

 
Duties:

• Conduct day-to-day operational risk activities in terms of the Operational Risk Management Framework (ORMF) and related frameworks, policies, and procedures. 
• Assist the Senior Manager: Operational Risk in the identification, assessment, responses, and monitoring of Operational Risk in the PIC 
• Coordinate the risk analysis activities of the PIC Business Units, including both listed and unlisted investments. 
• Work with Compliance, Internal & External Audit functions and other Assurance Providers to direct their efforts towards reviewing controls that mitigate the identified risks across the organization. 
• Support the process of identifying and reporting risk incidents and assist in the design of risk mitigation and control procedures within PIC. 
• Support process of identifying and reporting issues and actions within PIC. 
• Conduct control environment assessments for the organization. 
• Conduct, implement and assess key risk indicators. 
• Assist the ORM Department with reporting to various governance structures 

 
Competencies and skills: 

• Problem-solving skills. 
• Attention to detail. 
• Good communication skills both verbal and written. 
• Knowledge of compliance, risk, and financial management. 
• Knowledge of financial markets - capital, money, equity, foreign exchange, and financial derivatives. 
• Knowledge of insurance coverage, and industry standards. 
• Knowledge of the ISO 31000 standards, Basel Operational Risk principles, COSO risk governance principles, and corporate governance principles e.g., King IV. 
• Knowledge of (ORX) Operational Risk Reporting Standards. 
• Knowledge of enterprise risk management principles. 

 
 
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: 2 September 2024
 
* Grade Range: The grade range for this position is from D1 – D4 , 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.
 
 
 
 
 

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We are currently seeking applications from dynamic individuals for the following position: 
 
QUANTITATIVE ANALYST
• *Job Grade: C3 – D3 
• Ref:QA001 
Salary: All-inclusive remuneration package negotiable 
Centre: Research and Innovation division 
 
Purpose of the role: As part of the Research and Innovation team the candidate will undertake quantitative models and provide information and investment ideas to the Quantitative Specialist and other Investment Teams.
 
Requirements:

• Bachelor’s degree with a specialisation in quantitative discipline 
• At least 3- 5 years’ experience in researching quantitative methods in investments. 
• Statistical and mathematical skills applied within the asset management industry. 
• Inquisitive nature, driven to excel in all aspects of the analytical process and in programming – primarily using R, PowerBI, Python, etc. 
• Data and predictive analytics capabilities and use of Artificial Intelligence (AI) & Machine Learning (ML) in the investment environment. 

 
Duties:

• Manage systems to ensure asset allocation decisions for PIC to optimize its dual mandate for financial and developmental returns. 
• Support Quantitative Specialists through research to ensure sector investment models are optimised. 
• Improve quantitative models that help to support PIC investment objectives. 
• Implementation of models to measure the impact of the investable ideas generated by the division 
• Data mining, scrubbing, cleaning, mapping and analysis using PowerBI, Python and R skills. 
• Research the latest model-building methodologies and ensure implementation within the business. 
• Assist in building the data science capabilities of the business. Data analytics to support business needs. 
• Ad-hoc analytics/data science projects as required by business. 
• Remain relevant to the needs of the PIC to ensure leading investment practices in SA and African opportunities. 

 
Competencies and skills: 

• Financial analysis and interpretation 
• Maintain, develop and update fundamental models 
• Presentation skills 
• Communication skills 
• Analytical skills 
• Numerical skills 
• Must possess the desire and ability to work in a collaborative and intensive team-orientated environment 
• Must possess the desire and ability to work in a collaborative and team-orientated environment 
• Flexible, responsive, working with a minimum amount of supervision and/or self-starting personality 
• Attention to detail. 
• Open-minded thought process and intellectual honesty 

 
 
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: 30 August 2024 
 
* Grade Range: The grade range for this position is from C3 - D3, 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.

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We are currently seeking applications from dynamic individuals for the following position: 
 
DEVELOPMENT MANAGER
- Fixed Term Contract (12 months) 
• *Job Grade: D1 – D5 
• Ref: DEV 001 
Salary: All-inclusive remuneration package negotiable 
Centre: PIC Properties 
 
Purpose of the role: The Development Manager manages specific developments from inception to the delivery of a completed Asset. One of the key focus areas of this role is to ensure innovations in terms of resource efficiency, sustainability and green developments. This role plays an integral part in the project management execution of new development opportunities as well as the upgrading of the PIC’s investment property assets. 
 
Requirements:

• Relevant Hons equivalent degree in Business, Built Environment or Property related field
• Minimum 5 - 7 years’ relevant experience within the Property Industry 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 
• Technical Knowledge in Asset Management 
• Strong market research capability 
• Proven understanding of financial models and cost management 

 
Duties:
Create and manage development opportunities from inception to delivery 

• Conduct market research and gather market intelligence on the local Property Market and all development activity. 
• Investigate project desirability in line with Company Strategy and market conditions by generative feasibilities. 
• Manage developments on existing land in line with associated rights. 
• Optimise and approve building design and ensure sustainability of investments, in line with Town Planning principles. 
• Manage and monitor actual developments versus projects approved by the Investment Committees in terms of design, cost, budget and timeline. 
• Manage the delivery of all development projects and present feedback to the National Development Manager and Investment Committees in collaboration with the appointed Professional teams. 

 
Manage the financial aspects of all development projects including financial modelling

• Monitor spend per project and provide feedback to the Investment Committee. 
• Co-create and present monthly budgets to the National Development Manager for all development purposes and monitor actual spend versus budget. 
• Monitor profitability per development. 

 
Ensure adherence to legal and regulatory requirements in terms of documentation and contracts 

• Ensure the drafting and signing of all necessary contracts in collaboration with the Legal Department. 

 
Build and maintain strategic business relationships 

• Manage developers and consultants, working on the PIC projects on behalf of the PIC or Joint Venture developments to achieve completion within agreed timelines. 
• Build and maintain relationships within the Property and Development industry, Joint Venture partners, Local Authorities and other business stakeholders to grow and develop a strong business network. 

 
Identifies and manages business risk 

• Control, manage and govern the processes and systems within the area of accountability to ensure compliance and minimise the business risk. 
• Implement all audit recommendations in the area of accountability and resolve audit findings timeously 
• Ensure compliance to all health and safety regulations by PIC staff and contractors 

 
Reports on all activities and latest trends 

• Produce project status and financial reports for review by the National Development Manager 

 
Participate in training and development initiatives in line with personal development plans

• Identify training/development needs and proactively select effective solutions to address development gaps. 
• Ensure that a personal development plan is developed and implemented. 
• Demonstrate the company values and habits 

 
Competencies and skills: 

• Excellent communication skills 
• Negotiation Skills 
• Organisational Leadership skills 
• Time management 
• Performance and result-oriented 
• Ability to deal with pressure/stress 
• Cost-consciousness (budgeting) 
• Stay abreast of the latest property trends 
• Stay abreast of the latest property law 
• Problem-solving
• Customer service orientated 
• Analytical thinker 
• Initiating action 

 
 
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: 28 August 2024 
 
* 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 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.