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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 R3.7 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:
PRODUCT MANAGER (12 MONTHS FIXED TERM CONTRACT)
*Job Grade: D3 – D5
Ref: PM02
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
To lead and deliver medium to large-scale, technology enabled projects within the asset management business, ensuring agreed scope, quality, budget, timelines and benefits. The role is accountable for end-to-end project delivery, including initiation, planning, governance, execution, change management, implementation and post-implementation review, while mentoring junior project-management staff.
Requirements:
· B. Com or NQF Level 7 equivalent
· Project Management Professional
· Certified Scrum Master or other Agile Practitioner certification
· Minimum of 10 years’ experience delivering IT projects, at least 5 as a Project Manager
· At least 5 years’ experience in Financial Services
· Experience with delivering projects using Scrum, SAFE or similar frameworks
Duties:
· Successful implementation of Agile in the delivery of IT and business projects
· Lead delivery planning, remove dependencies, govern delivery and ensure alignment with project objectives.
· Preparing business cases and project charters. Establishing delivery plans, baselines and governance structures. Managing scope, schedules, budgets, quality and benefits.
· Maintaining RAID logs: risks, assumptions, issues and dependencies. Managing project changes through formal change control. Reporting status to steering committees and executive stakeholders. Managing resource capacity across business, IT and vendors. Manage Project Finances.
· Overseeing service provider contracts and commercial performance.
· Ensuring cybersecurity, data privacy, regulatory, audit and architecture compliance.
· Managing transition to operations and formal project closure.
· Capturing lessons learned in sprint retrospectives and conducting benefits realisation reviews with the Change Manager and Business Analyst.
· Obtain stakeholder buy-in from across the spectrum, including senior management, clients, and other departments and manage expectations.
Industry and Technical Knowledge
· Project Management principles and tools
· Agile principles and practices
· Management of Project Finances
· Knowledge of M365 tools and Project Management software
· Communication strategies
· Industry trends
· Knowledge of IT and Financial Services legislation, Project Governance, Risk and Controls
· Decision Making processes
Competencies and skills:
· Strong Interpersonal skills, incl. influencing and negotiation skills
· Ability to work independently and in a team.
· Effectively prioritize and execute tasks in a high-pressure environment is crucial.
· Customer focused
· Good investment and people judgment
· Project Planning and Organising
· Ability to deliver under pressure
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 November 2026
* Grade Range: The grade range for this position is from D3-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 to: Recruitment1@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:
INVESTMENT ASSOCIATE: UNLISTED INVESTMENTS (SOCIAL INFRASTRUCTURE) – RE-ADVERTISE
*Job Grade: D1 – D5
Ref: INVA31
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria
Purpose of the role:
· To assist the Associate Principal and Fund Principal in the execution of transactions.
· Requirements:
· Honours Degree (Finance, Engineering, Legal) and Relevant Commerce and Engineering Degree (Minimum qualifications)
· Postgraduate (e.g., Masters) qualifications (Preferred qualifications)
· CFA or CA would be an advantage
· At least 3- 5 years related experience
· FAIS Representative
· Negotiation and deal structuring
· Industry and sectoral research
· Advanced financial modelling skills
· Valuations
Duties:
· Deal screening and preliminary due diligence;
· Scoping of due diligence and preparation of scoping report;
· Preparation of engagement letter and indicative term sheet;
· Conduct of due diligence, Preparation of due diligence report and due diligence file;
· Develop industry and sectoral research database;
· Preparation of appraisal report;
· Development of financial models, including analysis of returns, sensitivities and scenario analysis;
· Assist in implementation of transaction;
· Assist in the management of portfolio prudently and enforcing of ESG discipline;
· Risk management and compliance;
· Monitor investments and review and analyse performance of investment; • Client reporting and mentor junior staff
Competencies and skills:
· Interpersonal skills
· Planning and organising
· Presentation skills
· Negotiation and deal structuring skills
· Time 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: 16 November 2026
* 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 to: Recruitment 1@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.
