PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES

​ 
 
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: 
 
HEAD: INVESTMENT LEGAL
Grade: E5 – F1 
(Ref: HIL001) 
Salary: All-inclusive remuneration package negotiable 
Division: Investment Legal 
 
Purpose of the role: 
To ensure that the organisation follows relevant Laws and business rules when implementing client mandates utilizing an enterprise-wide framework for the identification, assessment, measurement, reporting and monitoring of risk with a view to achieve the client’s and the corporation’s objectives and risk strategy. 
 
Requirements:

• Postgraduate degree or certification such as LLM or equivalent 
• MBA or postgraduate Business Administration degree is an added advantage 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 
• At least 10 – 15 years post-admission experience in the financial industry and/or investment environment of which 3 - 5 years must be in the senior management role 
• A good understanding of the key areas of the corporation 

 
Duties:

• Setting the strategic direction of the Investment Legal team 
• Develop and maintain a risk management framework for the investment divisions to ensure a structured approach to risk identification, assessment, measurement, reporting and monitoring in the corporation 
• Monitoring compliance with clients’ mandates, applicable legislations, laws, regulations and industry codes of standards in the corporation and its subsidiaries 
• Provide legal risk assessments and oversight for unlisted investments, properties and listed investments 
• Measurement, analysis and mitigation of investment performance and associated risks 
• Providing training, advice and support to business on investment risk, compliance risk and operational risk management 
• Reporting as appropriate to the executive management, Board/Board committees clients and regulators 
• Promote the combined assurance model for the corporation (Investment Legal, all Investment Divisions, Internal Audit, Risk and Compliance) 
• Leadership of the Investment Legal team 

 
Competencies and skills: 

• Excellent communication skills 
• Negotiation Skills 
• Performance and Result oriented 
• Problem-solving
• Excellent presentation skills 
• Knowledge and understanding of strategic and operational requirements for PIC 
• Financial modelling and Financial 
• Knowledge of the asset management industry 
• Knowledge of corporate finance and project finance 
• Knowledge of financial markets - capital, money, equity, foreign exchange and financial derivatives 
• Interpretation of legislation and statutes 
• Corporate planning experience 
• Knowledge of organisation policies, procedures, systems and objectives. 
• Excellent leadership skills with demonstrated ability to effectively lead in a changing environment. 
• Knowledge of governmental regulations. 
• Skill in developing comprehensive reports. 
• Ability to analyse and interpret complex data 

 
 
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: 29 March 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 E5 – F1 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.
 
 
 
 

​
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: 
 
HEAD: RESEARCH AND INNOVATION
Grade: E5 – F1 
(Ref: HRI001) 
Salary: All-inclusive remuneration package negotiable 
Division: Research and Innovation 
 
Purpose of the role: 
The position’s primary role is to support the process of researching, defining, prioritizing and executing new strategic initiatives. Lead and develop forward-looking macro and sector research to support listed and unlisted investments and generate investment ideas and strategies that can be implemented on PIC clients’ portfolios. Drive innovative research and thinking that will give the PIC a competitive advantage over its peers. Lead and oversee the early-stage fund to grow new black enterprises in the SA economy. 
 
Requirements:

• Master’s degree in economics/Investments/Mathematics/Statistics/Finance, or MBA/CFA 
• 10 to 15 years relevant experience of which at least 5 years must be within the senior management role 
• Experience in macroeconomics, financial markets, sector analysis (various sectors) and investment strategy formulation 
• Experience in translating research to implementable investment ideas on different asset classes. 
• Understanding and knowledge of the venture capital market will be an advantage 

 
Duties:

• Lead the top-down macroeconomic analysis and outlook and its impact on various asset classes. 
• Advise and support the CIO on asset allocation strategies. 
• Lead, develop and update sector investment strategies and thematic research to be implemented in PIC investments. 
• Provide thought leadership pieces on the macro-economy, sectors, financial markets, investment strategy, regulation, and other developments of note. 
• Identify investment opportunities based on investment themes and work with transaction teams to implement investment ideas. 
• Strategy formulation, implementation, review, and adaptation for the Early-stage Fund. 
• Lead and manage the investment process of the Early-stage Fund. 
• Human Resource Management, stakeholder management and financial management. 

 
Competencies and skills: 

• Excellent presentation skills 
• Financial modelling and Financial 
• Knowledge of the asset management industry 
• Knowledge of financial markets - capital, money, equity, foreign exchange and financial derivatives 
• Corporate planning experience 
• Skill in developing comprehensive reports. 
• Ability to analyse and interpret complex data 
• Macroeconomic impact on financial markets and asset classes 
• Understanding of the investment environment 
• Experience in presenting complex financial concepts and ideas to senior management 
• Analytical skills (Experience in Financial/Economic Analysis) 
• Excellent verbal and written communication skills 

 
 
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: 29 March 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 E5 – F1 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.

​
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: 
 
HEAD: UNLISTED PROPERTIES
Grade: F1 – F2 
(Ref: HP001) 
Salary: All-inclusive remuneration package negotiable 
Division: Properties
 
Purpose of the role: 
To unlock value for Clients and to Provide Strategic leadership in repositioning the PIC Property portfolio (direct and indirect assets) and related investment vehicles to generate commercial returns whilst impacting the socio-economic landscape as part of the developmental mandate of the PIC 
 
Requirements:

• Postgraduate degree in property studies, quantity surveying, building science, property development & management or equivalent qualification (NQF level 8) 
• Business Management postgraduate qualification will be an added advantage 
• FAIS RE 05 and 03 Certificate or must be obtained within 6 months of employment 
• Minimum 10 – 15 years experience within the Property Investment Industry of which 5 years must be in Senior Management 
• Knowledge of Property Asset Management, Property Law, Property Development, Property Acquisition & Disposal, Accounting and performance calculation 
• Sound & Strong Leadership with prior Board experience 

 
Duties:

• Setting the overall strategic vision, leadership, growth and direction of the Properties division 
• Develop the unlisted property Investment strategy and oversee its implementation for optimal outcomes in line with client mandates and expectations. 
• Lead dynamic teams in executing unlisted property investments ethically and efficiently 
• Continuous optimisation of property portfolios both direct and indirect assets and related investment vehicles to meet client return objectives 
• Involvement at Senior Management/Executive level to ensure business efficiency and effectiveness 
• Portfolio risk management in line with client mandates 
• Lead dynamic teams in executing unlisted property investments ethically and efficiently 

 
Competencies and skills: 

• Excellent communication skills 
• Strong Property knowledge 
• Facilities Management experience 
• Strategic thinker 
• Negotiation Skills 
• Business Acumen 
• Performance and Result oriented 
• Ability to deal with pressure/stress 
• Cost-consciousness (budgeting) 
• Problem-solving
• Management Skills 
• Organisational Leadership 
• Ability to analyse and interpret complex data 
• Knowledge and understanding of strategic and operational requirements of PIC 

 
 
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: 29 March 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 F1 – F2 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.