PUBLIC INVESTMENT CORPORATION (PIC) VACANCIES

 
 
We are currently seeking applications from dynamic individuals for the following position: 
 
PORTFOLIO MANAGER (RESOURCES)- RE-ADVERTISEMENT 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria 
• *Job Grade:E2-E4 
• Ref: PMR220425 
 
Purpose of the role: 
To oversee the daily management of the Resources 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 relevant experience 
• Extensive Senior Management experience (At least 5-10 years) 
• FAIS Representative (or must be obtained within 6 months of employment) 

 
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 sector Fund in order to generate superior returns; 
• Synthesize 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 Reports to governance structures and clients. 
• Develop customized Valuation Models 
• Lead a team of Investment Professionals (Assistant PM and Analyst(s)) 

 
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: 16 June 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.
 
 
 
 
 

​We are currently seeking applications from dynamic individuals for the following position: 
 
PMV ASSOCIATE (PROPERTIES)- RE-ADVERTISEMENT 
Salary: All-inclusive remuneration package negotiable 
Centre: Public Investment Corporation, Pretoria
• *Job Grade: D1-D5 
• Ref: PMVAP080525 
 
Purpose of the role: 
To manage, monitor and analyse financial and non-financial performance information of Real Estate Investments (Direct and Indirect Investments) and their respective counterparties. Overseeing allocated investments against their long-term financial goals, risk mitigation and contributing to the developing value enhancement strategies. 
 
Requirements:
Minimum Qualifications and Experience: 

• B Com (Honours) in Commerce or B.Sc (Honours) in Finance, Property Studies related degree or any other related commerce and finance degree 
• 4 - 5 years’ experience in post-investment management, with exposure to commercial property or other investments 
• FAIS RE 05 Certificate or must be obtained within 6 months of employment 

 
Preferred Qualifications : 

• CA (SA), CFA or Master’s degree would be an advantage 

 
Minimum Technical/Core Skill Requirement 

• Experience in Financial Modeling 
• 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 
• Demonstrable deal-making experience (debt, equity and/or quasi-equity) 
• Portfolio/post-investment management (unlisted investments) 
• Portfolio company value add 

 
Duties:
• Monitor and analyse financial and non-financial performance information of Property Investments and their respective counterparties. 
• Develop monitoring plans and post-investment management strategy for all Unlisted Property investments. 
• Develop post investment plan to be submitted together with the investment appraisal reports. 
• Monitor all investments (compliance and performance) in accordance with monitoring processes, policies, guidelines, frameworks and practices. 
• Minimise impairments of investments through active monitoring of covenants and early remedial actions 
• Compile reports and present them to all Exco and Board sub-committees as well as Clients. 
• Provide early warning signs to the Property Investments Team, Management and the respective Committees. 
• Conduct investee companies and property site visits and maintain ongoing interactions with the investee companies. 
• Risk mitigation and contributing to value enhancement strategies of property investments 
 
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 

 
 
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: 09 June 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: 
 
SENIOR CREDIT RISK ANALYST 
Salary: All-inclusive remuneration package negotiable 
Centre: Pretoria, Risk Division 
• *Job Grade: E1 – E4 
• Ref: SCRA001 
 
Purpose of the role: 
To manage credit risk by way of identifying, quantifying, and reporting on various forms of credit risk (e.g. pricing, volatility, and interest rate risk). To conduct ongoing research and understanding of financial markets to understand trends and risks to ensure informed credit risk recommendations. Prepare Credit reports, advising appropriate credit risk ratings, pricing, and exposure and making investment recommendations concerning individual transactions. 
 
Requirements:
• Postgraduate degree in commerce, science, engineering or any related equivalent qualification 
• CFA, FRM, CAIA, CA(SA) and/or equivalent advantageous 
• 6 – 8 years investment risk management experience 
• Sound understanding both in terms of depth and breadth of investment and credit risk management principles 2 
• Credit risk experience in both unlisted and listed credit will be highly advantageous. 
 
Duties:
• To manage credit risk by way of identifying, quantifying, and reporting on various forms of credit risk (e.g. pricing, volatility, and interest rate risk). 
• To provide subject matter expertise on the risk factors that affect one or more of the asset classes that are managed by the PIC. 
• Advise investment teams on appropriate pricing terms, structuring, credit enhancement or risk mitigation strategies. 
• To run with pilot/research projects related to improving ways of measuring, managing and/or minimizing investment risk while ensuring maximized return on all PIC portfolios. 
• Prepare Credit reports, determine the credit risk rating of new counterparties, recommend appropriate debt pricing, and make investment recommendations with respect to the individual transactions to management and clients. 
• Review existing investments credit ratings and conduct impairment calculations.
• Lead, mentor and develop graduates and analysts. 
• To implement effective investment/credit risk management practices within the PIC. 
 
Competencies and skills: 
• Strong Valuation techniques for various asset classes (listed, unlisted and property assets) 
• Strong Credit risk evaluation skills for various asset classes (listed, unlisted and property assets) 
• Strong restructuring skills 
• Compliance management 
• Sound understanding of Risk management principles, standards and practices 
• Strong knowledge and understanding of financial and non-financial risks 
• Financial/Investment risk management 
• Programming skills 
• Strong quantitative and analytical skills 
• Strong research skills 
• Strong financial modelling skills 
• Strong presentation skills (written and verbal)
• Ability to work and collaborate with multiple teams in the Investment Process 
• Ability to work independently to execute mandated tasks 
• Ability to communicate with senior management 
• Ability to work under pressure and to deadlines 
• Ability to travel (domestically and internationally) 
• Working Knowledge of systems used to perform and apply analytical skills 
• High degree of ethical conduct to ensure the integrity of the investment portfolios and the PIC 
 
 
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: 6 June 2025 
 
* Grade Range: The grade range for this position is from E1 – 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 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.