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: 
 
QUALITY ANALYST X2
Job Grade: D1- D3 
(Ref: LQA01, UQA02) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Requirements:

• BSc/BCom in Computer Science, Information Systems, IT or a related field. 
• Certified Tester 
• Minimum 7 years of Quality Assurance experience, at least 3 must be in financial services. 
• Familiarity with Agile frameworks and regression testing. 
• Experience in documenting and testing complex test scenarios. 
• Working knowledge of test management software. 
• Knowledge of software development lifecycle (SDLC) and programming languages (such as Java, SQL and .NET platform). 
• Experience with test management tools (e.g., GitLab, Quality Center, Micro Focus,). 
• Experience with test automation frameworks (e.g., Selenium, Cypress, Puppeteer, Playwright). 
• Good knowledge of Agile practices and experience with Agile planning tools (e.g., Azure Boards, Jira, ClickUps). 
• ITIL Foundation and COBIT certificate are advantageous. 

 
Duties:

• Review and analyze business requirements as well as system specifications. 
• Collaborate with Agile team members and other product stakeholders to plan and execute testing (e.g., regression, functional, data validation, system integration, load/scalability, stress and/or performance tests) for new and existing product features and/or functionality, as per business and technical requirements. 
• Work closely with agile scrum teams to design testing strategies and integrate testing into the development process. 
• Plan, create, execute, and test cases/scripts (preferably automated), working with business partners, developers, and other stakeholders. 
• Support user acceptance testing conducted by business partners or end users. 
• Review developers’ test plans to ensure comprehensive coverage. 
• Document, analyze and report (oral and written) test results (including bugs) and recommend corrective action. 
• Isolate, reproduce, manage, and maintain defects and test case databases, and verify fixes. 
• Work with relevant teams to troubleshoot issues. 
• Conduct post-release/ post-implementation testing. 
• Work with cross-functional teams to ensure quality throughout the software development lifecycle. 
• Identify tests to perform to ensure end-to-end service performance from key stakeholder perspective. 
• Facilitate the study of problems and needs to determine how the system testing assures information technology can best solve the problems and accomplish improvements in the business. 
• Identify opportunities for process improvement or process re-engineering as well as software optimisation. 
• Conduct sprint estimation, planning, and managing development tasks as well as report in progress as per Sprint predetermined frequencies. 
• Advise on solutions to conform to best practices. 
• Compliance with PIC policies, procedures and standards. 
• Maintain, share and transfer product, process and systems knowledge to Business and IT stakeholders. 

 
Competencies and skills: 
• Excellent communication skills, both verbal and written 
• Good interpersonal skills 
• Good analytical skills 
• Have assertive nature 
• Be customer service oriented 
• Be able to handle excessive pressure 
• Be willing to adapt to change when required 
• Be deadline driven 
• Ability to document and troubleshoot errors, with attention to detail 3 Internal Use Only 
 
 
With the PIC having topped the R2 trillion marks 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. 
 
Closing Date: 21 February 2024 
 
PIC is an equal opportunities employer. 
 
Please email a copy of your comprehensive CV to Recruitment1@pic.gov.za
 
* Grade range is from D1 – D3 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 organization 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: 
 
ASSISTANT COMPANY SECRETARY
Job Grade: * E1-E3 * 
(REF No: ACS/1202) 
Purpose of the role: 
To actively assist the Company Secretary in delivering the Company’s Secretariat function with emphasis on ensuring compliance in relation to issues of corporate governance, including responding to changes in the regulatory environment 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Minimum Qualifications: 

• Bachelor of Law Degree or Equivalent/ CIS Level 4 
• Chartered or Company Secretarial or equivalent certification will be an advantage. 
• 5 - 7 years of relevant working experience gained within a Company Secretariat environment 
• Proven accurate minute-taking skills ESSENTIAL! 
• Understanding of Corporate Governance principles 

 
Duties:

• Ensure compliance with all applicable requirements of the PFMA, Company’s Act, PIC Act, King IV and other applicable legislation and regulations. 
• Promoting knowledge and providing relevant information relating to corporate governance 
• Providing advice and reports on compliance matters 
• Drafting and reviewing of Committee Terms of Reference and Board Charter on an annual basis 
• Monitor and provide guidance for compliance with DoA and the TORs within allocated Committees. 
• Provides general support and maintenance of databases of information on Directors, subsidiary companies, signing powers, etc. 
• Assist with administrative responsibilities within the group secretariat (SPVs and GEPF subsidiaries) 
• Maintain declarations of interest and manage conflicts of interest. 
• Contributing to governance processes within Company Secretariat 
• Assist in liaising with the Committee Chairperson(s) and other Executive and Non-Executive Directors on a regular basis to ensure appropriate governance of Board Committees 
• Organizes and administers the smooth running of meetings for a portfolio of clients, producing accurate minutes, resolutions, and related documents. 
• Management of Annual Work Plans for allocated Committees 
• Maintaining statutory records etc. 
• Drafting and maintaining Committee Resolutions including the compilation of decisions for submission to the Board of Directors. 

 
Key Competencies: 

• Knowledge and understanding of legislative requirements for PIC. 
• Knowledge of corporate secretariat services management 
• Business writing skills 
• Thorough understanding of and ability to maintain high standards of ethics. 
• Professional communication skills 
• Writing skills and high attention to detail 
• Analytical and research skills coupled with business acumen. 
• Be able to manage yourself in circumstances and periods associated with demanding levels of pressure. 
• Commercial/Corporate experience will be an advantage. 
• Proactive risk management 

 
 
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 unparalleled 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: 20 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 “(ACS/1202)” to Recruitment5@pic.gov.za
 
* Grade range is from E1-E3 commensurate with applicable minimum requirements 3 
 
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) invests funds on behalf of public sector entities including the Government Employees Pension Fund. The organization is the largest investment manager in the country and the continent. Applications are invited from dynamic individuals for the following challenging position: 
 
ANALYST: PERFORMANCE & ATTRIBUTION 
Job Grade: D1 – D3 
(Ref: APA001) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Requirements:

• BCom degree in commerce, science or any related equivalent qualification. 
• CFA, CIPM and/or equivalent advantageous 
• 2 - 4 years relevant experience 
• FAIS RE 05 certification or must be obtained within 6 months of employment. 

 
Duties:

• To assist with implementing performance and attribution management practices within the PIC. 
• Monitoring of performance and attribution compliance with mandates and policies. 
• Perform and manage the data reconciliation process between the source system and performance measurement and attribution system. 
• To calculate and monitor the performance and attribution of PIC’s investment portfolios. 
• Identify sources of portfolio outperformance or underperformance through performance attribution analysis. 
• Measure and report on portfolio performance versus stipulated benchmark timeously on a monthly and quarterly basis. 
• Contribute to the compilation of performance reports for internal and external stakeholders (e.g., management and clients). 
• Assist with the presentation of performance reports to internal and external stakeholders. 
• Maintenance of performance and attribution systems. 
• Assist with GIPS compliance monthly maintenance. 

 
Competencies and skills: 

• Ability to work in a highly pressurized environment. 
• Performance and Attribution skills. 
• Financial Industry knowledge and experience. 
• Valuation techniques. 
• Compliance management. 
• Risk management. 
• Information Systems knowledge. 
• Need a basic understanding of the macro environment and the interrelation between various disciplines and its impact on portfolio performance. 
• Moderately technical environment. 
• Problem-solving skills. 
• Attention to detail. 
• Good communication skills both 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: 16 February 2024 
 
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za
 
* Grade range is from D1 – D5 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: 
 
PORTFOLIO MANAGEMENT AND VALUATION ANALYST (ISIBAYA) 
Job Grade: * C3-C5 
(REF No: PMVAI090224) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Requirements:
 
Minimum Qualifications: 

• B Commerce Degree (finance, engineering, legal) or any other relevant commerce, science and engineering degree 
• 2-5 years relevant experience 
• Knowledge of Financial Analysis and interpretation 
• Experience in Financial Modelling 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 

 
Preferred Qualifications: 

• Post Graduate Degree (finance, engineering, legal) or any other relevant commerce and engineering degree 

 
Minimum Technical/Core Skill Requirement 

• Credit risk assessment 
• Financial analysis and interpretation 
• Report writing 
• Presentation skills 
• Advanced financial modeling skills 
• Ability to undertake research 
• Strong analytical skills 
• Strong numerical skills 
• Strong quantitative and qualitative analytical skills 
• Ability to work effectively under pressure 

 
Duties:

• Conduct analysis of financial information relating to specific companies and portfolio data. 
• Compile and consolidate portfolio reports and presentations. 
• Contribute to knowledge management process (development of lessons learnt and best practices) 
• Development of financial models, including analysis of returns, sensitivities and scenario analysis etc 
• Research and sectorial analysis to keep abreast with industry trends to identify growth opportunities and areas of concern. 
• Assist in complex portfolio actions to maximise value of assets under management (such as restructuring, follow-on investments, debt conversion, rescheduling, amendments, and regular waivers). 
• Assist with collecting information and conduct financial analysis of investments 
• Assist in active investment management focused on value add and successful exits

 
Key Competencies: 

• Investment analysis 
• Data analysis 
• Evaluate market intelligence 
• Complete and customise valuation models 
• Maintain, develop, and update fundamental equity models 
• Interacting with people and presenting information 
• Analysing and Interpreting information 
• Organising and Executing 

 
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 unparalleled 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: 16 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 “PMVAI090224” to Recruitment6@pic.gov.za
 
* Grade range is from C3-C5 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.

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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 SPECIALIST 
Job Grade: * D3-D5 
(REF No: ESGS090224) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
Minimum Qualifications: 

• Relevant Master’s degree – MSc, MCom, MPhil, MBA, or other 
• At least 5-7 years of experience specifically in an ESG role 

 
Preferred experience: 

• Experience in Investments /financing-related projects 
• Understanding of financial instruments 
• Deep understanding of sustainability, governance, environmental, and social legislative frameworks, standards and/or principles 
• Experience in policy formulation and dialogue in complex environments 
• Experience in developing Environmental and Social Impact Assessment reports. 
• Have strong quantitative and qualitative analytical expertise and demonstrate the ability to apply this to strategic investment decisions and solutions; 

 
Minimum Technical/Core Skill Requirement 

• Corporate governance 
• Social impact assessment (summative and formative) 
• Thorough understanding of financial markets and instruments 
• Portfolio monitoring 
• ESG due diligence experience 
• Working knowledge of BBBEE issues 
• Good Understanding of ESG principles 
• Excellent Writing skills 
• Excellent verbal communication skills 
• Research skills - Prepares complex or tailored reports, gathers information from a variety of sources, analyses and includes in a report 
• Good presentation skills is confident when talking to large, high/senior level audiences 
• MS Office proficiency 

 
Duties:

• Contribute to the Strategy development and implementation 
• ESG due diligence on transactions – pre and post 
• Active Portfolio monitoring of ESG plans and issues 
• Active Engagement on ESG concerns 
• 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 
• Undertake and compile ESG Research activities and opinion pieces 
• Upholding the PIC values, standards and policies 
• Management of the performance, development and engagement levels of the team 
• Analysis of Companies on their ESGT risks, 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 
• Reporting on ESG performance 
• Contributing to PIC ESG thought leadership research analysis and integration 

 
Behavioural Competencies: 
• Achievement Orientation 
• Customer Service Orientation 
• Leading and Empowering Others 
• Strategic and Innovative Thinking 
• Teamwork & Cooperation 
• Ability to communicate complex issues in both spoken and written form. 
• Strong detail orientation 
• Numerate and analytical thinker 
• Good understanding of capital markets and the investment management industry 
• Self-starter and ability to take initiative 
• Proactively manages relationships, preventing or resolving any conflict 
• Stakeholder management 
• Commercial Business Acumen 
 
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 unparalleled 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: 16 February 2024 3
 
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 “ESGS090224” to Recruitment6@pic.gov.za
 
* Grade range is from D3-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.