- Published on
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 and largest investment managers in South Africa and the rest of the African continent, with current assets under management at over R3.6 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:
ADMINISTRATOR – MANDATE COMPLIANCE (FIXED TERM CONTRACT – 6 MONTHS)
*Job Grade: C1 – C5
Ref: ADMMC01
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To assist the business in managing compliance risk and to provide assurance to Management, the Board and Regulators that the PIC is aware of and takes appropriate steps to comply with client mandates and applicable legislation.
Requirements:
· Degree in Commerce/Law or equivalent related qualification.
· 2 – 4 years relevant compliance experience within the financial services sector, preferably in the investment management environment
· Knowledge of asset classes and financial markets
· Sound knowledge of legislation applicable to PIC, including but not limited to FAIS, FICA, PFMA, Pension Funds Act (Reg 28), Financial Markets Act and King IV
· Experience working with compliance and investment systems such as Charles River and related platforms.
· RE1, RE3 and RE5 preferable
Duties:
· Assist with the development, maintenance and monitoring of compliance rules (regulatory and mandate rules) in the Charles River Investment Management System (CRIMS) compliance module and other relevant PIC systems.
· Run compliance tests daily to ensure that mandate breach are timeously detected, reported and corrected.
· Assist in preparing reports for management, committees and clients.
· Send daily positions to portfolio managers which assist in investments decision making.
· Take active part in various PIC projects where Mandate Compliance is impacted.
· Handle internal and external queries related to mandate compliance
· Assist in developing policies and procedure manuals that govern mandate compliance for PIC.
· To provide inputs into the compiling of compliance monitoring plans.
· To assist in performing ad-hoc functions, as and when assigned by Management
Competencies and skills:
· High level of integrity and professionalism
· Strong attention to detail
· Ability to exercise sound judgement in a complex regulatory environment
· Resilient, disciplined and able to work under pressure
· Collaborative and service-oriented approach
· Compliance risk management and monitoring
· Strong analytical and problem solving skills
· Excellent written and verbal communication skills
· Report writing and presentation skills
· Policy development and interpretation
· Knowledge of corporate governance principles
· Stakeholder engagement and advisory capability
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 November 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, 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.
