Jobs at Public Investment Corporation

The key responsibilities of the successful individuals will include, but are not limited to: 

• Contribute to the unlisted investment and management expertise of the IC-UI&UPI by providing independent technical, commercial and financial input to assist members of the IC-UI&UPI to enable decision-making regarding unlisted investments; and 
• Provide, as and when required, input regarding unlisted investments trends and developments within the sector industry to enhance members ‘decision-making process.

Individuals interested to be appointed as an Unlisted Investments Independent Expert must have integrity, demonstrate ethical behaviour and meet a combination of the following criteria:

• At least 10 years’ experience in investment analysis, asset manager selection, and pension fund investments in respect of either unlisted investments, at least 5of which were at a senior evel
• Possesses a qualification (Honours ‘or Masters ‘Degree) in investment analysis, actuarial science or similar financial discipline, further academic or professional qualification preferred
• Experience in serving on investment or credit committees, with a particular focus on skills related to empathy and mentoring investment teams
• Technical and/or operational expertise in social/economic infrastructure investments, venture capital, and asset classes within the PIC unlisted investment portfolio
• Asset management experience in South Africa, Rest of Africa, and internationally
• Critical evaluation of unlisted investment proposals
• Honesty and willingness to demonstrate independent thinking from group positions in a constructive manner, and lack of conflicts of interests
• Be committed to the PIC’s vision, mission and values
•  Not be disqualified to be appointed as a Director or Trustee 

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The key responsibilities of the successful individuals will include, but are not limited to: 

• Contribute to the property investment and property management expertise of the IC-UI&UPI by providing independent technical, commercial and financial input to assist members of the IC-UI&UPI to enable decision-making regarding property investments; and 
• Provide, as and when required, input regarding property trends and developments within the property sector or industry to enhance members’ decision-making process. 
• Individuals interested to be appointed as Unlisted Property Investments Independent Expert must have integrity, demonstrate ethical behaviour and meet a combination of the following criteria:

Key Competencies

• At least 10 years’ experience in real estate investments, property development, social and economic infrastructure, and/or asset management, and pension fund investments in respect of property investments, at least 5 of which were at a senior level
• Experience in serving on investment, social and economic infrastructure committees, with a particular focus on skills related to empathy and mentoring investment teams 
• Proven experience in unlisted real estate debt and equity transaction structures 
• Technical and/or operational understanding of the real estate asset classes within which the PIC invests in 
• Asset Management experience in South Africa, rest of Africa and internationally
• Consultancy and/or advisory experience on Investment Committees / Board committees/Advisory Boards 
• Critical evaluation of real estate investment proposals 
• Value-adding attitude 
• Honesty and willingness to express views in robust and constructive manner constructively 
• Commitment to the PIC’s vision and mission 
• Not be disqualified to be appointed as a Director or Trustee 
• Independence from PIC and lack of conflict of interests

Qualifications

• Honours/Master’s Degree in Real Estate, Property Development, Social and Economic Infrastructure, Commerce/Developmental Finance or Legal or equivalent relevant area of specialisation (MBA/MFI/Mcom/MSc, etc)
• Any relevant recognised professional qualifications such CA/CFA, etc
• Registered FSCA FAIS Representative is preferred

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Requirements:

Minimum qualifications and experience: 

• Postgraduate degree in commerce, science or any related equivalent qualification. 
• CFA, CIPM and/or equivalent advantageous. 
• 5 - 8 years relevant experience. 
• FAIS RE 05 certification or must be obtained within 6 months of employment. 

Duties:

• Perform and manage data reconciliation between source systems and performance measurement and attribution systems. 
• Oversee integrity and completeness of performance data across systems (e.g., StatPro/Revolution, HiPortfolio, or equivalent), in collaboration with accounting, valuation, and investment teams. 
• Calculate and validate time- and money-weighted returns (IRR) for unlisted portfolios, while monitoring performance and attribution across PIC’s investment portfolios. 
• Measure and report portfolio performance against stipulated benchmarks on a monthly and quarterly basis. 
• Conduct in-depth analysis of portfolio performance drivers across listed and unlisted investments, including attribution, vintage, sector, asset class performance, and fund manager returns. 
• Provide insights into portfolio trends, risk-return characteristics, and benchmarking outcomes. 
• Produce and present monthly, quarterly, and annual performance reports for internal and external stakeholders. 
• Maintain and enhance performance models for listed and unlisted/alternative portfolios. 
• Implement performance and attribution management practices within PIC and monitor compliance with mandates and policies. 
• Ensure strict adherence to governance frameworks, internal controls, and audit requirements while supporting Global Investment Performance Standards (GIPS) compliance and verification processes. 
• Lead, mentor, and develop graduates and analysts in performance and attribution.