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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-focused. 
 


​We are currently seeking applications from dynamic individuals for the following position: 

 
SENIOR MANAGER- PORTFOLIO MANAGEMENT AND VALUATIONS 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
• *Job Grade: E3-E5 
• Ref: SMPMV030725 
 
Purpose of the role: 
Lead and monitor investments made for compliance with legal agreements, lead value creation within the portfolio to generate positive investment performance in line with the investment manager’s mandate. 
 
Requirements:
Minimum Qualifications and Experience: 
  • B Commerce Degree (finance, engineering, legal) or any other relevant commerce and engineering degree 
  • Minimum 10 years relevant experience with 5 years in a Management position 
  • Corporate finance, Private Equity, Management Consulting/Corporate Advisory and Investment experience 
  • Extensive portfolio management experience and proven track record in driving value creation within private market investments 
  • FAIS Representative 
 
Preferred Qualifications : 
  • Post graduate qualification CFA Chart holder / MBA (Finance) / M.Com/ MFI/ MSc / CA / Engineering and/or any relevant Master’s degree or professional qualifications
 
Minimum Technical/Core Skill Requirement 
  • Corporate Advisory 
  • Transaction Structuring 
  • Credit risk management and restructuring 
  • Extensive Portfolio Management and Value Creation experience 
  • Corporate Finance 
  • Mergers & Acquisitions 
  • Business acumen 
 
Duties:
  • To provide strategic vision, leadership and management of the portfolio management and valuations division 
  • Strategy formulation, implementation, review and adaptation 
  • Lead and coordinate portfolio management and value creation activities of all Unlisted Investments to maximise client value. 
  • Develop and implement functional relationships with other investors and stakeholders. 
  • Lead Post investment monitoring, review and reporting 
  • Develop and implement a value creation strategy for the business unit and portfolio companies, including exit planning. 
  • Provide team leadership to manage investments in an efficient manner (i.e. quick turnaround, staff productivity) 
  • Support client relationship management activities 
  • Risk Management (manage enterprise risks), compliance and reporting. 
  • Lead a dynamic team of professionals. 
 
Competencies and skills: 
  • Leading and Supervising 
  • Formulating Strategies and Concepts 
  • Deciding and Initiating Action 
  • Persuading and Influencing 
  • Delivering Results and Meeting Expectations 
  • Business acumen 
  • Presenting and Communicating Information (verbal and written) 
  • Emotional Intelligence 
  • Interpersonal skills 
  • Negotiation skills 
  • Time Management and prioritisation 
 
 
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: 18 July 2025 
 
* Grade Range: The grade range for this position is from E3-E5, commensurate with applicable minimum requirements. 
 
The PIC is an equal opportunity 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: 

 
PORTFOLIO MANAGER (REST OF AFRICA - EX SA) RE-ADVERTISEMENT
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
*Job Grade: E2-E4 
Ref: PMR030725 
 
Purpose of the role: 
To oversee the daily management of the Rest of Africa (Ex-SA) equity portfolio, ensuring an informed investment perspective that influences sector allocation decisions beneficial to the PIC's equity portfolio. This role also involves delivering investment insights to both internal and external clients of the PIC and effectively managing the activities of the Assistant Portfolio Manager and Analysts within their designated sector or cluster. 
 
Requirements:
Minimum qualifications and experience: 
  • B degree in Commerce, Finance or Science 
  • At least 8 to 10 years of relevant industry experience 
  • At least 5-10 years of Senior Management experience 
  • FAIS RE 05 Certificate 
 
Preferred Qualifications:
  • Postgraduate degree in Commerce, Finance or Science 
  • CFA Institute / SAICA/ or Similar 
 
Minimum Technical/Core Skill Requirement 
  • Investment analysis 
  • Evaluate market intelligence 
  • Recommend sector stocks 
  • Portfolio construction and maintenance 
  • Risk and Return attribution 
  • Develop excel-based valuation models 
  • Manage the fundamental equity models 
  • People Leadership 
 
Duties:
Portfolio Management of a sector Fund to generate superior returns; 
  • Synthesise macro and Micro Economic variables and their impact on the sector and companies
  • Provide investment thesis, industry and company valuations for decision making 
  • Detailed analysis of companies and sectors to provide investment calls 
  • Provide Investment Report to governance structures and clients. 
  • Develop customised Valuation Models 
  • Lead a team of Investment Professionals (Assistant PM and Analyst(s)) 
  • Travel nationally and internationally will be mandatory 
 
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 
  • Leading and supervising 
  • Strategic orientation 
 
 
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: 17 July 2025 
 
* Grade Range: The grade range for this position is from E2-E4, 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.