Research Analyst (Resources) (Re-advertisement) at Public Investment Corporation

Purpose of the role:

• To carry out in-house equity research, supply the Head of Equities and Portfolio Manager: Resources with equity investment recommendations to enable PIC to meet its investment targets. To also assist with the forecast of key commodities as well as maintenance of the house view insofar as it relates to the Resources sector for the PIC.

Requirements:
Minimum Qualifications and Experience:

• B Degree in Commerce, Finance or Science
• At least 3 to 5 years’ experience in financial markets
• FAIS RE5, RE1 and RE3

Preferred Qualifications and experience:

• A Postgraduate degree in Science, Commerce and Finance, MBA, CFA or CA
• B.Sc (Eng) and B.Sc (Geology) or similar
• Work experience in the mining/oil and gas sector

Minimum Technical/Core Skill Requirement

• Understanding of the resources sector (Commodities, cost drivers and changing macro impact)
• Investment banking, private equity or equity research experience
• Maintain, develop, and update fundamental equity models

Duties:

• Highlighting key macro-economic events to the team
• Formulation of house commodity view, together with the Resources team
• Stock recommendation with a detailed investment thesis
• Detailed presentation of these recommendations to both the sector-head and the Internal
• Listed Equities team
• Complete and customise valuation models
• Awareness of portfolio and stock exposures
• Timely maintenance of valuation models to factor in new market information
• Provision of investment thesis, valuations, industry and company information
• Provision of timely commentary – dissemination of real-time news-flow

Competencies and skills:

• Excellent communication skills, both verbal and written
• Good interpersonal skills
• Presentation skills
• Be able to handle pressure
• Time management skills
• Analysis and attention to details
• Business and financial acumen
• Judgement and problem-solving
• Drives consistent results

Closing Date: 20 March 2026