Public Investment Corporation

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 positions:

1. Analyst: Market Risk
2. Senior Compliance Officer
3. Human Capital Administrator (6 months fixed term contract)
4. Compliance Manager ( Mandate Compliance)
5. Compliance Manager (Legal Regulatory)

Analyst: Market Risk

Position: Analyst: Market Risk (Re-advertisement)
Job Grade: D1 – D5
(Ref: J04_002)

Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria

Requirements:

• B Com, BSc or any related quantitative degree
• 2 – 4 years relevant experience
• FAIS RE 05 certification or must be obtained within 6 months of employment
• Postgraduate degrees and/or CFA, FRM will be advantageous
  Duties:
• To identify, analyse, measure, evaluate, monitor and regular reporting of investment risk for
  listed asset classes (daily, monthly, quarterly, annual reporting requirements)
• Periodic valuation of financial instruments, derivatives, and other structured investment
  products
• Adherence to market risk policies and guidelines to ensure that risk management controls
  remains robust within market risk department
• Compilation of risk reports for internal and external stakeholders (e.g. management and
  clients)
• Periodic portfolio analysis (e.g. stress-testing)
• Regular review of pricing models used
• Maintain market and instrument pricing
  
  Competencies and skills:
• Strong analytical and quantitative skills
• Advanced Excel, MS Access and VBA skills
• Knowledge of Matlab, SAS and/or R
• Knowledge of risk management principles and practices
• Asset management and/or financial services knowledge and experience
• Valuation capabilities (listed and unlisted instruments) and knowledge of valuation techniques
• Financial modelling capabilities (build, maintain and validate models)
• Ability to work to tight deadlines
• Ability to work in a highly pressurized environment
• Compliance management
• Financial analysis skills
• Pro-active thinking
• Information systems
• Inter-personal relations
• Creativity/innovation
• Good communication skills, both verbal and written

With the PIC having topped the R2,5 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.

PIC is an equal opportunities employer and as such appointments will be in line with the PIC
Employment Equity plan.

Closing Date: 12 July 2023
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za

• Grade range is from D1 – D5 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.

Senior Compliance Officer (Legal Regulatory)

Position: Senior Compliance Officer
(Legal Regulatory)
Job Grade: D3 – D5
(Ref: SCOLR)

Salary: All-inclusive remuneration package negotiable
Division: Compliance
Purpose of the role:
To assist the business in managing compliance risk and providing assurance to Management, Board, and
Regulators that the PIC is aware of and takes steps to comply with legislation, regulations, policies,
processes and best practices relevant to the PIC.

Requirements:

• An Honours Degree in Law, Commerce or equivalent related qualification
• FSCA approval as FAIS Compliance Officer is an added advantage
• At least 4 – 6 years relevant compliance experience in the Financial Sector preferably in
  the investment management industry and/ or unlisted investments
• Registered Persons Exams (RPE) certificates for JSE Compliance Officers is an added
  advantage
• RE1, RE 3 and RE 5 certificates or obtain within 6 months of appointment to the role

Duties:

• Identify, review and maintain the PIC regulatory universe, including risk rating of these
  legislations in terms of their impact on PIC operations
• Drafting and maintenance of compliance risk management plans (CRMPs) in respect of
  legislations applicable to PIC and assist business in ensuring that controls in place address
  all sections/ provisions of legislative requirements
• To provide inputs into the interpretation of applicable legislative requirements and PIC
  policies
• Assist business with the development and review of policies, procedures, frameworks and
  guidelines
• Provide compliance opinions, guidance and advisory to business on regulatory requirements
• To provide/ facilitate compliance training on legislative and policies requirements for business
• To assist with the development, maintenance and implementation of the compliance policies
  and procedures
• Advise business on how to appropriately and effectively manage compliance and reputational
  risk in the organization
• To perform the analysis of possible regulatory compliance threats/risks
• To perform ad-hoc functions, as and when assigned by Management.

Competencies and skills:

• Audit techniques
• Compliance opinions
• Excellent communication skills, both verbal and written
• Strong analytical skills
• Strong presentation skills
• Knowledge of and experience in asset classes (financial instruments) relevant to PIC
• Knowledge of and experience in legislation relevant to PIC (e.g. Companies Act, FAIS Act,
  FICA, CISCA, Pension Fund Act (Reg 28), PFMA, Financial Markets Act, JSE Listing
  Requirements, FSRA, Competition Act, King IV, Properties related legislations)
• Good report-writing skills
• Project Management skills
• Interpersonal skills
• Policy development, and the ability to understand and interpret legislations
• Knowledge of and experience in Corporate Governance
• Risk Management skills

With the PIC having topped the R2,5 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.

PIC is an equal opportunities employer and as such appointments will be in line with the PIC
Employment Equity plan.
Closing Date: 14 July 2023
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za

Grade range is from D3 – D5 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.

Human Capital Administrator (6 months fixed term contract)

Position: Human Capital Administrator (6 months fixed term contract)
Grade: C1 – C5
(Ref: HCAT)

Salary: All-inclusive remuneration package negotiable
Division: Human Capital

Requirements:

• Diploma in Human Resources or equivalent relevant qualification
• 2 – 4 years in HR administration role within the Asset Management and Investment Industry
• Data/Information management experience
• Basic knowledge of BCEA, OHSA, Skills Development Act, Labour Relations Act and Employment Equity Act required)

Duties:

• Verify the data to ensure that the information is accurate and consistent
• Responsible for correcting or removing incorrect, incomplete, or duplicate data
• Maintain records and upload the information on the HR system
• Maintain audit trail and records of all the information updated on the HR system
• Review duplicate records and merge records
• Proactively contact employees to ensure their contact details are up to date
• Support ad-hoc administrative tasks to the Human Capital team
• Interrogate data and amend as required
• Liaise with other internal stakeholders to verify data

Competencies and skills:

• Communication skills both verbal and written
• Customer Service Orientation/Client Focus (Internal and External)
• Ability to work on confidential information
• Ability to work under pressure
• Excellent report-writing skills
• Performance and Result oriented
• Problem-solving
• Analytical skills
• Knowledge of MS Office i.e. Word, PowerPoint, MS Projects, Excel

With the PIC having topped the R2,5 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: 13 July 2023
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 C1 – C5 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

Compliance Manager ( Mandate Compliance)

Position: Compliance Manager
(Mandate Compliance)
Job Grade: E1 – E3
(Ref: CMMC)

Salary: All-inclusive remuneration package negotiable
Division: Compliance

Purpose of the role:
To assist business in managing compliance risk and providing assurance to Management, Board, and
Regulators that PIC is aware of and takes steps to comply with client mandates and legislations relevant
to the PIC.

Requirements:

• An Honours Degree in Law, Commerce or equivalent related qualification
• Masters Degree or similar in Commerce/ Law is preferred
• 8 -10 years relevant compliance experience in the financial sector of which 5 years must be
  in the asset management industry
• At least 2 years experience in team leadership and People management
• FSCA approval as Compliance Officer is preferred
• FSCA Regulatory Exams certificates (i.e. RE 1, RE 3 and RE 5) or obtain within 6 months
• Registered Persons Exams (RPE) certificates for JSE Compliance Officers is an added advantage

Duties:

• To provide inputs into the development of the compliance strategy for the Corporation and to
  assist with its implementation
• Development of comprehensive compliance models (rules) in the Charles River Investment
  Management System (CRIMS) compliance module
• Review and maintenance of new and existing mandates requirements in Charles River and
  other relevant systems as and when there are changes
• Ensuring that daily compliance monitoring is performed to ensure that mandate breaches are
  timeously detected and corrected by Management
• Preparation of mandate compliance reports for submission to committees and clients.
• Manage provision of daily positions to portfolio managers which assist in investment
  decision-making.
• Provide advisory, guidance and support to business with regard to interpretation of clients
  mandates
• Provide inputs into the development, maintenance and implementation of the compliance
  policies and procedures
• To assist with the education of internal stakeholders on compliance requirements.
• To manage the analysis of possible regulatory compliance threats/risks and provide inputs
  into the identification and interpretation of applicable compliance requirements
• To mentor and manage mandate compliance staff to ensure business continuity
• To assist in performing ad-hoc functions, as and when assigned by Management.

Competencies and skills:

• Audit techniques
• Compliance opinions
• Excellent communication skills, both verbal and written
• Strong analytical skills
• Strong presentation skills
• Knowledge of and experience in asset classes (financial instruments) relevant to PIC
• Knowledge of and experience in legislation relevant to PIC (e.g. Companies Act, FAIS Act,
  FICA, CISCA, Pension Fund Act (Reg 28), PFMA, Financial Markets Act, JSE Listing
  Requirements, FSRA, Competition Act, King IV, Properties related legislations)
• Good report-writing skills
• Project Management skills
• In-depth knowledge of asset classes and financial markets
• Sound experience of Charles River, Hiportfolio and related systems
• Policy development, and the ability to understand and interpret legislations and client mandates
• Interpersonal skills
• Leadership skills
• Knowledge of and experience in Corporate Governance
• Risk Management experience

With the PIC having topped the R2,5 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.

PIC is an equal opportunities employer and as such appointments will be in line with the PIC
Employment Equity plan.

Closing Date: 14 July 2023
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za

• Grade range is from E1 – E3 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.

Compliance Manager (Legal Regulatory)

Position: Compliance Manager
(Legal Regulatory)
Job Grade: E1 – E3
(Ref: CMLR)

Salary: All-inclusive remuneration package negotiable
Division: Compliance

Purpose of the role:
To assist the business in managing compliance risk and providing assurance to Management, Board, and
Regulators that PIC is aware of and take steps to comply with legislation, regulations, client mandates,
policies, procedures and best practice relevant to the PIC.

Requirements:

• An Honours Degree in Law, Commerce or equivalent related qualification
• Masters Degree or similar in Commerce/ Law is preferred
• 8 -10 years relevant compliance experience in the financial sector of which 5 years must be
  in the asset management industry
• At least 2 years experience in team leadership and People management
• FSCA approval as Compliance Officer is preferred
• FSCA Regulatory Exams certificates (i.e. RE 1, RE 3 and RE 5) or obtain within 6 months
• Registered Persons Exams (RPE) certificates for JSE Compliance Officers is an added
  advantage
• Professional membership registration preferred, e.g. CISA

Duties:

• To provide inputs into the development of the compliance strategy for the Corporation and to
  assist with its implementation
• Identify, review and maintain the PIC regulatory universe, including risk rating of these
  legislations in terms of their impact on PIC operations
• Drafting and maintenance of compliance risk management plans (CRMPs) in respect of
  legislations applicable to PIC and assist business in ensuring that controls in place address
  all sections/ provisions of legislative requirements
• To manage the interpretation of applicable legislative requirements and PIC policies
• Assist business with the development and review of policies, procedures, frameworks and
  guidelines
• Provide compliance opinions, guidance and advisory to business on regulatory requirements
• To manage compliance training on legislative and policies requirements for business
• Ensure the development, maintenance and implementation of the compliance policies and
  procedures
• To manage the analysis of possible regulatory compliance threats/risks
• To manage and guide the team on governance and regulatory compliance matters and
  ensure business continuity in this area
• To perform ad-hoc functions, as and when assigned by Management.

Competencies and skills:

• Audit techniques
• Compliance opinions
• Excellent communication skills, both verbal and written
• Strong analytical skills
• Strong presentation skills
• Knowledge of and experience in asset classes (financial instruments) relevant to PIC
• Knowledge of and experience in legislation relevant to PIC (e.g. Companies Act, FAIS Act,
  FICA, CISCA, Pension Fund Act (Reg 28), PFMA, Financial Markets Act, JSE Listing
  Requirements, FSRA, Competition Act, King IV, Properties related legislations)
• Good report-writing skills
• Project Management skills
• Policy development, and the ability to understand and interpret legislations and client
  mandates
• Interpersonal skills
• Leadership skills
• Knowledge of and experience in Corporate Governance
• Risk Management experience

With the PIC having topped the R2,5 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.

PIC is an equal opportunities employer and as such appointments will be in line with the PIC
Employment Equity plan.

Closing Date: 14 July 2023
Please email a copy of your comprehensive CV to Recruitment4@pic.gov.za

• Grade range is from E1 – E3 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.

All the best with your applications.

Should you want to know more about the compony PIC, please check this link