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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 just over R2.6 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:
ASSISTANT COMPANY SECRETARY
*Job Grade: E1 – E3
• Ref: ACS/1203
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To actively assist the Company Secretary in delivering the Company Secretariat function with emphasis on ensuring compliance in relation to issues of corporate governance, including responding to changes in the regulatory environment.
Requirements:
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: 10 March 2025
* Grade Range: The grade range for this position is from E1 – E3, 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: Recruitment5@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:
ASSISTANT COMPANY SECRETARY
*Job Grade: E1 – E3
• Ref: ACS/1203
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To actively assist the Company Secretary in delivering the Company Secretariat function with emphasis on ensuring compliance in relation to issues of corporate governance, including responding to changes in the regulatory environment.
Requirements:
- 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 the 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.
Competencies and skills:
- 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.
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: 10 March 2025
* Grade Range: The grade range for this position is from E1 – E3, 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: Recruitment5@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:
PMV ASSOCIATE (ISIBAYA)
• *Job Grade: D1-D5
Ref: PMVAI190225
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To maximise the value of assets under management by managing the portfolio of assets, monitoring and driving the performance of the investments.
Requirements:
Minimum Qualifications and Experience:
- B Commerce Degree (finance, engineering, legal) or any other relevant commerce, science and engineering degree.
- 4-5 years of relevant experience in unlisted investments (Deal-making or advisory)
- Knowledge of Credit Risk Assessment
- Knowledge of Financial Analysis and Interpretation
- Experience in Investment Analysis and 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 science degree
- CA or CFA
Minimum Technical/Core Skill Requirement
- Credit risk and investment assessment
- Financial analysis and interpretation
- Investment performance monitoring, review and analysis
- Investment report writing
- Negotiation and deal structuring
- Financial modelling, returns and scenario analysis
- Demonstratable deal-making experience (debt, equity and/or quasi-equity)
- Portfolio/post-investment management (unlisted investments)
- Portfolio company value add
Duties:
- Ensure the timeliness and quality of complex portfolio actions to maximise the value of assets under management (such as restructuring, follow-on investments, debt conversion, rescheduling, amendments, and regular waivers).
- Build, maintain and manage high-level relationships with investee companies and other stakeholders; conduct regular client visits and ensure client satisfaction.
- Monitor investments, review and analyse performance and compliance of investment.
- Conduct active investment management focused on value add and successful exits.
- Collect and conduct review of portfolio company performance, analysis of investee company reports (such as AFS, Management Accounts and management reports).
- Prepare portfolio company reports and portfolio action appraisal reports.
- Provide early warning signals for investments and implement remedial action.
- Contribute to knowledge management process (development of lessons learnt and best practices)
- Research and sectorial analysis to keep abreast with industry trends to identify growth opportunities and areas of concern
Competencies and skills:
- Ability to present and Communicate information
- Excellent writing and reporting skills
- Negotiation skills
- Interpersonal skills
- Planning and organising
- Delivering results and meeting customer expectations
- Ability to cope with pressures and setbacks
- Strong quantitative and qualitative analytical skills to make sound investment decisions
- Self-starter
- Problem-solving skills and ability to innovate
- Work efficiently under pressure and ability to meet tight deadlines
- Willingness to share information, teach and learn from others. A team player
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: 06 March 2025
* 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 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:
PORTFOLIO MANAGEMENT AND VALUATION ANALYST (ISIBAYA) (RE-ADVERTISEMENT)
*Job Grade: C3-C5
Ref: PMVAI090724
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To maximise the value of assets under management by assisting in managing the portfolio of assets, monitoring and driving the performance of the investments.
Requirements:
Minimum Qualifications :
- B Commerce Degree (finance, engineering, legal) or any other relevant commerce, science and engineering degree
- 2-3 years relevant experience
- Knowledge of Financial Analysis and interpretation
- Experience in Financial Modelling
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
- Advanced financial modelling skills
- Ability to undertake research and derive portfolio-specific insights
Duties:
- Evaluating financial data, examining an investee's financial statements, and creating financial models to predict the future performance of investee companies.
- Examining current macro-events and market developments and contextualising portfolio performance.
- Translate financial data into detailed presentations and easy-to-understand financial reports.
- Compile and consolidate portfolio reports and presentations to inform investment decisions.
- Development of financial models, including analysis of returns, sensitivities scenario analysis etc.
- Research and sectorial analysis to keep abreast with industry trends to identify growth opportunities and areas of concern.
- Assisting portfolio managers with their decision-making processes by providing strategic recommendations and supporting data analysis.
- Assist investment associates in complex portfolio actions to maximise the value of assets under management (such as restructuring, follow-on investments, debt conversion, rescheduling, amendments, and regular waivers).
- Assist with collecting information and maintaining up-to-date documentation of all investment relationships.
Competencies and skills:
- Strong numerical and verbal reasoning skills
- Analysing
- Writing and reporting
- Presenting and communicating information
- Ability to cope with pressure and setbacks
- Delivery of results and meeting expectations
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: 10 March 2025
* Grade Range: The grade range for this position is from C3-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 CV quoting “PMVAI090724” 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.