- Published on
PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES
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 oriented.
We are currently seeking applications from dynamic individuals for the following positions:
HEAD: LISTED INVESTMENTS
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: F2-F3
Ref: HLI/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:
Minimum Qualifications and Experience:
- Honours degree (statistics, mathematics, finance, accounting, investment management, portfolio management or any other relevant commerce) or equivalent
- Professional qualifications (CFA, CA, FRM, PRM)
- A minimum of 10 years relevant experience, of which 5 years must at least be in senior management.
- FAIS RE5, RE1 and RE3 (or to be obtained within 6 months)
Preferred Qualifications :
- Post graduate qualification MBA/M.Com/MFI/MSc/ Engineering and/or any relevant Master’s degree
Minimum Technical/Core Skill Requirement
- Relevant experience in team leadership and People management
- Knowledge of risk management
- Interpretation of client mandates
- Tactical asset and sector allocation
- Good investment and people judgment
- Time Management and prioritisation
- Research on investment information
Duties:
- Generate superior risk-adjusted returns for clients while being cognisant of also providing optimal societal outcomes.
- Motivate the team of analysts and portfolio managers to perform at their best levels.
- Encourage idea generation and optimal portfolio construction.
- Manage stakeholders and work cohesively with peers, clients and principals.
- To provide strategic vision, leadership, and management of the Listed Investments
- Manage and coordinate all equity investment functions of the PIC to ensure that the listed investments deliver on its mandated objective of outperformance.
- Drive PIC’s strategic vision in the Listed Investments division.
- Development of strategies and policies for the listed investments (listed equities, listed REITS, fixed income and externally managed).
- Management of the listed equities, fixed income, property and multi-management processes.
- Development and maintenance of the asset allocation strategy.
- Manage the incorporation of ESG principles into the investment process.
- Lead a dynamic team of professionals.
Competencies and skills:
- Conceptual and strategic thinking
- Analysis and attention to detail
- Business and financial acumen
- Judgment and Problem-solving
- Drives continuous improvement
- Drives consistent results
- Build collaborative relationships
- Interpersonal agility
- Influences with impact
- Inspires shared vision and purpose
- Plans, organises and monitors work
- Lead change
- Build capability
Our firm values diversity and excellence and is committed to realising these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 30 July 2025
* Grade Range: The grade range for this position is from F2-F3, commensurate with applicable minimum requirements.
The PIC is an equal opportunity employer and aligns appointments with its 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.
INVESTMENT ANALYST: MULTI-MANAGEMENT: PRIVATE MARKETS X2
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: C3 – D3
Ref: INVST016
Purpose of the role:
The objective of the role is to undertake research and provide information and investment ideas to the Associate Fund Principals and Fund Principal.
Requirements:
Duties:
Competencies and skills:
Our firm values diversity and excellence, and is committed to realising these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 25 July 2025
* Grade Range: The grade range for this position is from C3 – D3, commensurate with applicable minimum requirements.
The PIC is an equal opportunity employer and aligns appointments with its 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.
INVESTMENT ANALYST: MULTI-MANAGEMENT: PRIVATE MARKETS X2
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: C3 – D3
Ref: INVST016
Purpose of the role:
The objective of the role is to undertake research and provide information and investment ideas to the Associate Fund Principals and Fund Principal.
Requirements:
- Relevant Bachelor’s degree or equivalent qualification
- Postgraduate qualification (Hons, Masters, MBA, etc), CFA or CA(SA) would be advantageous
- FAIS RE 05 Certificate or must be obtained within 6 months of employment
- 2 -3 years of investment experience. Private Equity, Fund of Funds or Multi-manager experience would be advantageous
- Ability to conduct detailed research on sectors or industries.
Duties:
- Deal screening - desktop analysis of investment opportunities
- Preparation of preliminary scoping reports
- Assist the team in complying with the requirements of each stage of the investment process
- Assist the team in planning and coordinating due diligence on potential investment opportunities
- Assist the team with relevant research and information in structuring and pricing of transactions
- Assist the team in preparing term sheets
- Assist the team in the preparation of appraisal reports
- Review transaction agreements
- Assist the team in the implementation and disbursement process
- Assist the team in the handover of approved transactions to various divisions, including portfolio management
- Assist the team in ongoing monitoring of a portfolio of funds, including review of quarterly reports, valuation, risk management, compliance and reporting
- Participate in the exit process for transactions.
Competencies and skills:
- Investment Analysis Skills
- Basic Financial Modelling Skills
- Planning and Organising Skills
- Time management
- Research and Analytical Skills
- Commercial Skills
- Writing and Presentation Skills
- Interpersonal and Communication Skills
- Negotiation and Deal Structuring
- Problem solving.
Our firm values diversity and excellence, and is committed to realising these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 25 July 2025
* Grade Range: The grade range for this position is from C3 – D3, commensurate with applicable minimum requirements.
The PIC is an equal opportunity employer and aligns appointments with its 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.
DATA TECHNOLOGIST
*Job Grade: D3– D5
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
• Ref: DT003
Purpose of the role:
The Data Technologist is responsible for supporting and maintaining data technology solutions, tools and governance systems that enable the effective and secure use of data across the PIC. The role combines data engineering expertise including building, and maintaining data pipelines, transformation workflows, and platform enablement that support analytics, reporting, and artificial intelligence. This role works closely with data analysts, data scientists, engineers and developers to provide scalable data infrastructure and reliable pipelines that ensure that data is available, trusted, secure, and usable.
Requirements:
- 5 - 8 years Information Technology experience in data operations roles in data engineering, analytics platforms, data management, or other analytics.
- At least 3 years of experience must be in a financial services institution, with knowledge of asset management industry, including financial instruments and market data.
- Experience with MS Power Platform development and Power BI or other Data Visualization tools like QlikSense, Tableau, Business Objectives.
- Hands-on experience with AI/ML tools like Azure ML, Azure AI, AI Foundry, Copilot Studio, Databricks.
- Knowledge of statistical programming languages like R, Python, Scala and data query languages like T-SQL, KQL, DA.
- Experience with data governance tools (e.g., Azure Purview, Axon, Collibra, Alation).
- Project management, Agile methodology and development life cycle experience.
- Excellent communication skills, ability to describe findings to a technical and non-technical audience.
- Strong knowledge of Data Management Body of Knowledge (DMBOK) framework principles.
- ITIL Foundation and COBIT certified.
- Data Professional Certificate such as Microsoft Certified: Fabric Analytics Engineer, Microsoft Certified: Azure Data Engineer Associate
Duties:
- Configure and manage data platforms and services such as Microsoft Fabric, Azure Synapse, Purview.
- Coordinate integrations between data platforms, data sources and analytical tools and ensure interoperability between systems and orchestration layers.
- Design and implement robust ETL/ELT workflows and management of the Lakehouse.
- Design, implement and manage data pipelines including RESTful APIs for data ingestion.
- Creating semantic models and ensuring data quality and governance within the Fabric environment.
- Support implementation of data governance policies including metadata cataloging, data lineage, and integration through technical configurations.
- Develop and maintain controls on data quality, interoperability and sources to effectively manage corporate risk.
- Assist with the design, implementation and maintenance of the digital architecture, as well as a road map for future development that supports business needs.
- Leveraging AI/ML to develop, optimize and deploy models to solve business challenges.
- Carrying out pre-processing of structured and unstructured data.
- Enhancing data collection procedures to include all relevant information for developing analytic systems.
- Troubleshoot and resolve data pipeline failures and platform incidents.
- Ongoing collaboration with Business and IT teams.
Competencies and skills:
- Good inter-personal skills
- Problem-solving aptitude
- Analytical mind and great business sense
- Able to work accurately and clearly explain technical matters to non-technical users in both written and verbal forms.
- Relationship building and collaboration skills across diverse and matrix stakeholders and customers.
- Software development Skills
- Project Management Skills
- Team Player
- Attention to Detail
Our firm values diversity and excellence, and is committed to realising these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 23 July 2025
* Grade Range: The grade range for this position is from D3 – D5, commensurate with applicable minimum requirements.
The PIC is an equal opportunity employer and aligns appointments with its 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.
ASSOCIATE FUND PRINCIPAL: WORKOUT & RESTRUCTURING
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: E1-E4
•Ref: AFP150725
Purpose of the role:
To manage, monitor and develop plans for investments that have been placed under the Turnaround portfolio (Turnaround, Legal, Business Rescue or Liquidation) for compliance with the agreed-upon plans. This will be either supervising internal resources allocated or suppliers from the Turnaround and Value Add Panel. Compiling reports for internal and/ or external consumption on the TOVA portfolio. Assist the Fund Principal in the implementation of the Turnaround and Value-Add strategy for the PIC and its clients. Assist the Fund Principal with technical support in his role as Advisor on listed investments under Business Rescue and unlisted investments, which are referred to TOVA for guidance on the way forward to realise value for our clients. Assist the Fund Principal in providing Value Add Advisory Services across PIC.
Requirements:
Minimum Qualifications and Experience:
- B.Com (Honours) in Finance or B.Sc (Honours) in Finance or any other related commerce and finance degree
- A minimum of 8 - 10 years of experience in commercial/corporate turnarounds and rehabilitation in an asset management / private equity organisation or a financial institution, or a consulting firm
- 4-5 years of management experience
- FAIS RE 05 Certificate (or obtained within 3 months of employment)
Preferred Qualifications:
- Post Graduate Degree (finance, engineering, legal) or any other relevant commerce and engineering degree
- CA (SA), CFA or Master’s degree would be an advantage
Key Technical/Core Skills Requirement:
- A well-developed knowledge of business, management and finance philosophies, practices, etc.
- Turnaround management/ Business Rescue experience and/or qualification.
- Able to use technical and business understanding to assist with the rehabilitation of non-performing assets.
- Able to apply a wide range of financial and risk assessment and mitigation techniques to the client’s business operations.
- Able to develop innovative solutions, identify new areas of opportunity, and identify, analyse and address the appropriate risks to rehabilitate the client.
- Able to utilise complex influencing strategies for leverage.
- Strong business acumen and strategic advisory experience.
- Dealing with private sector / commercial workouts turnarounds – real examples will need to be provided.
- Extensive experience in the legal process associated with turnarounds /workouts, business rescue and liquidations.
Duties:
- Develop and implement turnaround and monitoring plans for all assets that are placed in the Turnaround Portfolio, which are allocated to you in Consultation with the Fund Principal.
- Develop and keep updated the skills matrix of the Turnaround Panel Members to enable timeous and effective procurement.
- Assist in maximising the value of assets under management through proactive intervention and value addition in portfolio companies.
- Assist in the restructuring of investments that are experiencing financial difficulties to ensure long-term financial viability.
- Monitor all investments under turnaround in your portfolio on a bi-monthly (every second week) basis (compliance and performance) in accordance with monitoring processes, policies, guidelines, frameworks and practices.
- Prepare and present reports to Committees as indicated by the FP and to the various client committees.
- Ensure that key risk factors, that were not previously identified by PMV, are proctively identified and managed, including drafting lessons learnt and submitting to FP for inclusion in the Investment Process and for sharing with relevant PIC teams with a view to improving investment performance.
- Conduct portfolio company visits and maintain ongoing interactions with the portfolio companies.
- Supervise and mentor a team of internal resources and or specialist consultants in a private equity environment.
- Manage and monitor performance of external service providers, including liquidators and business rescue practitioners, to ensure that they deliver in terms of the agreed mandate on a timeous and cost-effective basis.
- Preparing submissions to nominate liquidators and business rescue practitioners to the Master to further our transformation objectives in the industry.
Competencies and skills:
- Problem-solving skills
- Pro-active management of deliverables
- Providing innovative solutions to challenges
- 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 realising these across all operations and investment activities. If you are dynamic, resilient, agile, disciplined and eager to be part of a team that is focused on creating meaningful change, you are encouraged to apply for this position.
Closing Date: 22 July 2025
* Grade Range: The grade range for this position is from E1 – E4, commensurate with applicable minimum requirements.
The PIC is an equal opportunity employer and aligns appointments with its Employment Equity Plan.
Please forward a copy of your comprehensive curriculum vitae 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.