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: 
 
ANALYST: OPERATIONAL RISK MANAGEMENT
Job Grade: D1 – D5 
(Ref: AORM001) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
 
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 and 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. 

 
 
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: 02 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. Internal Use Only 
 
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) 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: 
 
LEGAL ADVISOR – INVESTMENTS LEGAL
Grade: D1 – D5 
(Ref: LADV002) 
Salary: All-inclusive remuneration package negotiable 
Centre: Investment Legal
 
Requirements:

• LLB degree 
• Between 3 – 5 years post-admission experience specifically in an Unlisted environment 
• Admitted attorney of the High Court with between 3 – 5 years of articles experience 

 
Duties:

• Conduct legal research, and provide opinions and advice in respect of corporate/commercial law matters. 
• Draft, review and negotiate corporate, commercial banking and finance-related agreements. 
• Negotiate transactions of a corporate, commercial banking and finance nature pertaining to private/unlisted entities. 
• Manage Unlisted transactions (i.e., debt funding, project finance, energy: oil and gas and renewable energy, mergers and acquisitions, private equity investments and/or structured finance transactions). 
• Assist with any litigation and/or arbitration emanating from transactions Identify new and amendments to investment legislation that impact PIC and advise and assist with implementation thereof. 
• Manage the appointment process of procuring external counsel on the PIC panel and provide the requisite instructions to appointed external counsel. 
• Assist with post-management of transactions and disbursement processes. 
• Provide training to staff on legislation and legal matters pertaining to the PIC. 
• Assist with projects of the PIC in relation to Unlisted Investments. 

 
Competencies and skills: 

• Excellent communication skills 
• Negotiation Skills 
• Time management 
• Performance and Result oriented 
• Ability to deal with pressure/stress 
• Cost-consciousness (budgeting) 
• Excellent Communication skills 
• Problem-solving
• Customer service orientated 
• Management Skills 
• Strong analytical and numerical skills 
• Conflict management 
• Emotional Intelligence 

 
 
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. 
 
Closing Date: 30 January 2024 
 
PIC is an equal opportunities employer and as such appointments will be in line with the PIC Employment Equity plan. 
 
Please forward copies of your comprehensive CV’s 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: 
 
ASSISTANT PORTFOLIO MANAGER: MONEY MARKETS 
Job Grade: * E1-E2 
(REF No: APMMM240124) 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
Requirements:
Minimum Qualifications: 

• B Degree in Commerce, Finance or Science 
• At least 5 years relevant experience 
• Exposure to Fixed Income instruments is strongly preferred. 
• FAIS representative 

 
Preferred Qualifications: 

• Postgraduate degree in commerce, finance or science. 

 
Professional Body/Association: 

• CFA / CA 

 
Minimum Technical Requirement: 

• Investment analysis 
• Evaluate market intelligence 
• Recommend sector stock 
• Stock specific research 
• Fixed Income market research 
• Complete and customise Excel-based valuation models 
• Maintain, develop and update fundamental investment models 

 
Duties:

• Assist in adhering to PIC Fixed Income Investment Policy, procedures, mandates, and strategy. 
• Assist in managing Portfolios of PIC Clients with the objective of outperforming benchmarks performance targets of the fixed Income portfolios are met. 
• Assist with Liquidity Management of Portfolios 
• Assist with researching and evaluating investment ideas and concepts. 
• Assist with producing monthly and quarterly portfolio management reports. 
• Client Reporting 
• Monitor developments in the financial markets to maintain an understanding of current and anticipated trends and how they may affect client portfolios. 

 
Key Competencies: 

• Communicating 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 committed to making a difference - we look forward to your application. 
 
Closing Date: 31 January 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 “APMMM240124” to Recruitment6@pic.gov.za
 
* Grade range is from E1-E2 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.