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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 over R3.5 trillion. At the centre of our growth is a team of self-driven professionals who are results-focused.
We are currently seeking applications from dynamic individuals for the following position:
HEAD LISTED EQUITIES
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: E4-F1
Ref: HLE130126
Purpose of the role:
Coordinate all internally managed listed equity investment functions of the PIC (domestic and non-domestic) to ensure that the listed equity utility delivers on its mandated objectives. Drive PIC’s vision in the internally managed Listed Equity space.
Requirements:
Minimum Qualifications and experience:
Preferred Qualifications:
Professional Body/Association:
Duties:
Competencies and skills:
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: 02 February 2026
* 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, 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.
We are currently seeking applications from dynamic individuals for the following position:
HEAD LISTED EQUITIES
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
*Job Grade: E4-F1
Ref: HLE130126
Purpose of the role:
Coordinate all internally managed listed equity investment functions of the PIC (domestic and non-domestic) to ensure that the listed equity utility delivers on its mandated objectives. Drive PIC’s vision in the internally managed Listed Equity space.
Requirements:
Minimum Qualifications and experience:
- Honours degree in Commerce or Finance
- A minimum of 15 years relevant experience with at least 5 years being at a Senior Management level
- FAIS Key Individual (can be achieved within 6 months of appointment)
- FAIS Key Representative
Preferred Qualifications:
- Master's degree in commerce or finance
Professional Body/Association:
- SAICA /CFA Institute
Duties:
- Ensure the internal strategic vision and management of Listed Equities are aligned with the overall objectives of the PIC strategy for listed equity investments.
- Portfolio Management of Domestic Listed Equities (Enhanced Beta) within set risk parameters, to achieve client return objectives.
- Oversight of the PICs unit trust offering in the Listed Equity division.
- Coordinate the Management of the Internal Listed Equity Composite (Enhanced, Strategic, Passive).
- Ensure quality listed equity research.
- Oversight of Listed Africa ex-SA Equity: Internal Portfolio.
- Oversight of Listed Offshore Equity: Internal Portfolio.
- Asset allocation process contribution.
- Provide investment input to all clients – internal or external.
- Lead a dynamic team of professionals within the Internal Listed equities.
- Incorporation of ESG into the investment process.
- Implementation of PIC global equity strategy (core/satellite).
Competencies and skills:
- Portfolio Management
- Analysis of investment markets
- Interpretation of client mandates
- Tactical asset and sector allocation
- Research co-ordination
- Fundamental Research on Investment Information
- Deciding and Initiating Action
- Leading and Supervising
- Adhering to Principles and Values
- Presenting and Communicating Information
- Formulating Strategies and Concepts
- Adapting and Responding to Change
- Coping with Pressures and Setbacks
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: 02 February 2026
* 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, 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.
We are currently seeking applications from dynamic individuals for the following position:
LEGAL ADVISOR - LISTED
Job Grade: D1-D5
Ref: LADV007
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To provide legal advice on listed transactions and commercial law matters and transactions, and investment legal advisory services of the PIC.
Requirements:
Minimum qualifications and experience:
• Bachelor of Laws Degree (LLB)
• Admitted attorney of the High Court with between 3-5 years post articles
• Excellent and good quality drafting of investment agreements
Preferred Qualifications:
• Master of Laws Degree (LLM)
• Postgraduate Degree (with a relevant focus on investment legal)
Minimum Technical/Core Skill Requirement
• Corporate Law and Investment experience
• Excellent communication skills
• Negotiation skills
• Time management
• Performance and results-oriented
• Ability to deal with pressure
• Problem-solving skills
• Customer service-oriented
• Emotional intelligence
Duties:
• Conduct legal research, provide opinions and advice in respect of corporate/commercial law matters and investment legal advisory
• Draft, review and negotiate agreements of corporate including from corporate transactions
• Manage the legal component of Listed Investments transactions
• Review documents in relation to derivatives instruments ISDAs and GMSLAs
• Identify new and amendments to investment legislation that impact PIC and facilitate training for employees.
• Manage and coordinate legal instructions and attorneys on the panel
• Provide training to staff
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: 23 January 2026
* 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, quoting the position reference number, 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.
We are currently seeking applications from dynamic individuals for the following position:
LEGAL ADVISOR - LISTED
Job Grade: D1-D5
Ref: LADV007
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To provide legal advice on listed transactions and commercial law matters and transactions, and investment legal advisory services of the PIC.
Requirements:
Minimum qualifications and experience:
• Bachelor of Laws Degree (LLB)
• Admitted attorney of the High Court with between 3-5 years post articles
• Excellent and good quality drafting of investment agreements
Preferred Qualifications:
• Master of Laws Degree (LLM)
• Postgraduate Degree (with a relevant focus on investment legal)
Minimum Technical/Core Skill Requirement
• Corporate Law and Investment experience
• Excellent communication skills
• Negotiation skills
• Time management
• Performance and results-oriented
• Ability to deal with pressure
• Problem-solving skills
• Customer service-oriented
• Emotional intelligence
Duties:
• Conduct legal research, provide opinions and advice in respect of corporate/commercial law matters and investment legal advisory
• Draft, review and negotiate agreements of corporate including from corporate transactions
• Manage the legal component of Listed Investments transactions
• Review documents in relation to derivatives instruments ISDAs and GMSLAs
• Identify new and amendments to investment legislation that impact PIC and facilitate training for employees.
• Manage and coordinate legal instructions and attorneys on the panel
• Provide training to staff
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: 23 January 2026
* 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, quoting the position reference number, 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.
We are currently seeking applications from dynamic individuals for the following position:
CEO DRIVER
*Job Grade: C1 – C5
Ref: DVR002
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To ensure the safe, efficient, and secure transportation of the CEO. This involves not only driving the CEO to various destinations but also providing personal protection to mitigate any potential risks or threats.
Requirements:
- Matric with experience in law enforcement, private security or related;
- Licensing: Valid Code B, C1, or EB driver’s license, typically accompanied by a Professional Driving Permit (PrDP);
- Advanced driving certification;
- A minimum of 10 years’ Proven experience as a professional driver, preferably for high-profile individuals;
- Proficiency in security protocols and emergency response;
- Valid firearm competency certificate and license will be an added advantage; and
- Proficiency in computer literacy (MS Office), excellent verbal and written communication, and sound interpersonal skills.
Duties:
- Safely transport the CEO to and from various locations, including meetings, events.
- Maintain the vehicle in excellent condition, ensuring regular servicing, cleanliness, and readiness for use.
- Plan and research optimal routes to avoid traffic and ensure timely arrivals.
- Adhere to all traffic laws and regulations, always prioritising safety.
- Conduct risk assessments and identify potential threats to the CEO.
- Implement security measures to protect the CEO during transit and at various locations.
- Maintain a high level of situational awareness and readiness to respond to emergencies.
- Coordinate with other security personnel and law enforcement as needed.
- Ensure the CEO's confidentiality and privacy are always maintained.
- Keep detailed records of travel schedules, vehicle maintenance, and any incidents.
- Assist with logistical planning for the CEO's travel and events.
- Perform other duties as assigned by the CEO or executive team.
- Willingness to work flexible hours, including evenings and weekends.
Competencies and skills:
- Excellent communication and interpersonal skills.
- Ability to maintain discretion and confidentiality.
- Effective Time management skills and punctuality.
- Willingness to work long hours and over weekends if required.
- Ability to remain calm and composed in stressful or unexpected situations.
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: 23 January 2026
* Grade Range: The grade range for this position is from C1 – C5, 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: 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.
We are currently seeking applications from dynamic individuals for the following position:
FUND PRINCIPAL – UNLISTED INVESTMENTS (REST OF AFRICA)
*Job Grade:E4 – F1
Ref: APL010
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To provide leadership and strategic vision for fund investment business.
Requirements:
- Commercial Bachelor’s Degree ( i.e. B.Com, B. Acc, B. Bus )
- B Com (Honours) or B.SC (Honours) in Financial Management
- Post Graduate Degree (Masters, MBA, etc) CFA or CA would be advantage
- At least 8 – 10 years in the investment industry
- FAIS Representative
- Industry and sectorial research and knowledge
- Strong deal sourcing and execution skills
- Investment Analysis and Management
Duties:
• Develop and implement an investment strategy and philosophy.
• Evaluate investment proposals in terms of valuations, risks, cash flow and commercial viability.
• Financial structuring of proposals, including debt, equity and pricing to achieve the required IRR.
• Ensures external and internal due diligences are appropriately scoped, project managed, cost-controlled and quality checked to ensure all risks are identified.
• Present investment proposals that fit with PIC’s investment strategy to EXCO, IC and PIC Board.
• Assist with legal documentation and disbursements.
• Monitor and evaluate the performance of investments and ensure appropriate corporate governance to minimise impairment and maximise returns.
• Add strategic value to investments and arrange exits.
• Responsible for ensuring proposals are timeously declined or, if commercially viable, are processed quickly and effectively; to ensure fast turnaround times.
• Development, training and mentoring of the investment team.
Competencies and skills:
- Interpersonal skills
- Planning and organising
- Presentation skills
- Negotiation and deal structuring skills
- Basic commercial skills
- Time Management
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: 23 January 2026
* 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: 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.