Analyst: Market Risk at Public Investment Corporation

Purpose of the role:

• To manage market risk by identifying, quantifying and on an ongoing basis, monitoring the exposure of the
• PIC portfolios to various forms of market risk (e.g. price/position risk, investment risk, interest rate risk, and equity risk). To formulate tactics and implement systems to manage market risk. To stress test portfolios under various market conditions to determine the impact on the profit and loss on the portfolio. Work is highly complex and can be abstract, makes recommendations that are considered authoritative.

Requirements:
Minimum qualifications and experience:

• 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
• Post graduate degrees and/or CFA, FRM will be advantageous

Minimum Technical/Core Skill Requirement

• Strong analytical skills
• Strong 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 in a highly pressurized environment
• Compliance management
• Financial analysis skills
• Pro-active thinking
• Inter-personal relations
• Creativity/innovation
• Good communication skills, both verbal and written

Duties:

• To identify, analyse, measure, evaluate, monitor and regular reporting of market risk (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
• Compilation of risk reports for internal and external stakeholders (e.g. management and clients)
• Presentation of risk reports to internal and external stakeholders
• Periodic portfolio analysis (e.g. stress-testing) (daily, monthly, as required)
• Regular review of pricing models used
• Maintain market and instrument pricing

Closing Date: 13 March 2026