New Job Vacancies at Public Investment Corporation

Position: Valuation Analyst
Job Grade: * D1 – D5
(Ref: VALA 001)

Centre: Public Investment Corporation, Pretoria
Requirements:

•  BCom Degree in Finance or Commerce or Real Estate
•  2-5 years’ experience in Valuations
•  Knowledge of unlisted valuations and financial modelling
•  Knowledge of Financial Analysis and interpretation
•  Exposure to assets management experience
•  Exposure to Properties Valuation as an asset class

Duties:

•  Perform quarterly valuations
•  Prepare loan amortization on monthly basis
•  Present at the Valuations Committee
•  Attend to all queries relating to valuations
•  Prepare presentations for the clients
•  Hold discussions with management of the investee companies to have a better understanding of the investments.
•  Facilitate annual external valuations process with external providers and offer them support where required

Competencies and skills:

•  Good communication skills (oral and written)
•  Problem-solving and analytical skills
•  Attention to Detail
•  Ability to work under pressure
•  Have good planning and organisational skill
•  Presentation Skills
•  Time Management
•  Performance and result-orientated
•  Team player

With the PIC having topped the R2 trillion marks 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: 7 March 2024

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Job Grade: D1 – D3
(Ref: AMLO)
Salary: All-inclusive remuneration package negotiable
Division: Compliance

Purpose of the role:

• To assist business to identify, assess, detect, monitor and report money laundering and related activities to the authorities and provide assurance to Management, Board, and Regulators that PIC is aware of and takes steps to comply with legislation, regulations, policies, processes and best practice relevant to the PIC.

Requirements:

•  Degree in Commerce/Law or equivalent related qualification
•  At least 2 – 4 years relevant experience as AML Officer/ Compliance Officer in the Financial Sector preferably in the investment management industry and/ or unlisted investments
•  Professional Body membership preferred, e.g. CISA and ACAMS
•  RE1, RE 3 and RE 5 certificates or obtain within 6 months of appointment to the role

Duties:

•  To perform and monitor various duties as required by the anti-money laundering and counterfinancing of terrorism (AML/CFT) regulatory requirements
•  Assist with drafting, reviewing and maintenance of PIC’s FICA Risk Management and Compliance Programme (RMCP) and ensure approval by relevant governance structures;
•  Conduct assessment of FICA, to know your clients (KYC) documents received in respect of clients, investee companies and their beneficial owners, and issue FICA compliance certificates with regard to clients/ investee companies/ unlisted transactions that are compliant.
•  Perform initial and ongoing risk rating of clients and investee companies using RMCP risk rating matrix, to ensure continuous compliance with FICA
•  Assist with identification, analysis and reporting of Suspicious and/ or Unusual Transactions (STRs), Terrorist Properties Report (TPR) and Cash Threshold Transactions (CTR), to the FIC;
•  Perform screening of new and existing clients, investee companies and their beneficial owners, against the United Nations Security Council list and related sanctions lists, through Dow Jones system, and report any matches to the authorities, as required in terms of FICA.
•  Assist with development and maintenance of training material on FICA and provide/ facilitate training to employees
•  To provide inputs into compliance monitoring plans and review compliance risk management plans (CRMPs) based on relevant legislative requirements;
•  Conduct compliance monitoring and reviews, and report on the level of compliance with legislation and policies
•  Advise business on how to appropriately and effectively manage compliance and reputational risk in the organization;
•  Perform ad-hoc functions, as and when assigned by Management.

Competencies and skills:

•  Audit techniques
•  Compliance opinions
•  Negotiation skills
•  Good communication skills, both verbal and written
•  Analytical skills
•  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. FICA, POCA, POCDATARA, PRECCA, Companies Act, FAIS Act, Pension Fund Act, PFMA, Financial Markets Act, FSRA, Competition Act, King IV)
•  Good report-writing skills
•  Project Management skills
•  Interpersonal skills
•  Policy development, and the ability to understand and interpret legislation
•  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.

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Job Grade: * D1-D4
(REF No: ES010324)

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

Minimum Qualifications and Experience:

•  B-degree in Commerce/ Law, Corporate Governance/ Risk Management and Compliance or equivalent.
•  Ethics Officer Certification Programme (EOCP) Accredited.
•  Over 5 years relevant experience

Preferred Qualifications :

•  A postgraduate qualification (Honours) in Commerce/ Law, Corporate Governance/ Risk Management and Compliance or equivalent Minimum Technical/Core Skill Requirement
•  Experience in PIC applicable legislation
•  Project management
•  Experience in Ethics and compliance in the financial services industry

Duties:
Ethics Risk Assessment:

•  To perform implement and monitor ethics risk and opportunity assessments for the PIC.
•  To perform ethical culture assessments for the PIC.
•  To provide input into the ethics risk and opportunity profile of the PIC. Planning;
•  To contribute to the development of the overall Ethics Office strategy and ethics management plan.

Standards, codes and policies:

•  To provide input into the revision of ethics-related policies to align with codes of ethics and/or conductwithin the PIC.

Ethics Management:

•  To assist the Head: Ethics Office in the implementation of ethics-related policies, with particular
• attention to the record-keeping, analysis and evaluation of policies related to:
•  Gifts and entertainment.
•  Conflicts of interest and due diligence.
•  Extra-remunerative work.
•  Code of Ethics
•  Anti-bribery and Anti-Corruption Policy
•  Whistleblower Policy
•  To design and implement ongoing learning and awareness programmes on the Code of Ethics and Ethics Related Policies to effect behavioural change within the PIC.
•  To ensure ethical decision-making is embedded in key processes.
•  To provide guidance and advice to employees, management and the board on ethics-related issues.
•  To ensure implementation and monitoring of consequence management of ethics-related cases.
•  To implement the ethics communication strategy with the assistance of the communications team.
•  To provide advisory and safe reporting (‘speak–up’ or whistle-blowing) facilities.
•  To coordinate and implement ethics opportunity and risk assessments (ERAs).
•  To identify and report on unethical behaviour and corrupt activities.
•  To assist the wider PIC In driving an ethical culture through collaboration with HR, Risk and other interrelated departments.
•  To conduct ethics assessments on reported unethical conduct.
•  To contribute to defining the scope of investigations and identify ethical breaches post-conclusion of investigations.

Ethics and Reputational Risk Assessments

•  To conduct Ethics and Reputational Risk Assessments in relation to Investment Transactions.
•  Present the assessment outcomes at various governance forums. 

Monitoring and reporting:

•  To ensure monitoring adherence to ethics standards and compliance with regulations and guidelines.
•  Ensure development and maintenance of confidential procedures and systems required for effective handling of allegations related to ethics.
•  Ensure prompt investigations pursuant to complaints and allegations of ethical misconduct.
•  Provide regular reports and updates as instructed by the Head: Ethics Office.
•  To compile Ethics-related reports for submission to PIC Committees.

Behavioural Competencies:

•  Achievement Orientation
•  Ability to communicate complex issues in both spoken and written form.
•  Strong detail orientation
•  Self-starter and ability to take initiative
•  Stakeholder management
•  Commercial Business Acumen
•  Problem-solving skills
•  Strong organizational and project management skills

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Job Grade: * C1-C5
(REF No: DAE010324)
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria

Requirements:

•  Related Diploma in Administration
•  1 – 2 years relevant experience
•  Computer Literacy (Ms Word, Excel and Powerpoint)
•  Experience in investment administration systems
•  Understanding of PIC’s governance requirements

Duties:

•  Follow up and coordinate monthly reporting for the Ethics Office;
•  Coordinate and facilitate timeous Ethics Office submissions to specified Committees;
•  Preparing correspondence, presentations, reports and memorandums;
•  Monitoring the operations of the Ethics office;
•  Maintain registers for Ethics Training, Declarations of Interest, Gifts declarations and Investment Referrals.
•  Scheduling meetings and appointments for the Head of Ethics Office;
•  Assist in following up on transaction disbursements and service providers' payments to ensure payment and disbursements are made within agreed timelines;
•  Execute local and international travel requests by the team and ensure that travel bookings are made on time and within budget;
•  Execute local and international travel requests by the team and ensure that travel bookings are made on time and within budget;
•  Assist in developing and implementing approved document management processes and systems including physical and electronic filing systems;
•  Tracking the inventory of office supplies;
•  Preparation of the department expenses and budgets
•  Attend to any Ad hoc queries as directed by the Head of Ethics;
•  Provide administrative support to the Ethics Office (e.g. preparation of files for meetings,
•  coordination of meetings, taking minutes of team meetings; formatting of documents, preparing of decline letters etc.;)
•  Sourcing of quotations and raising of purchase requisitions and orders for approval by the delegated persons for corporate costs;
•  Processing and payment preparation for invoices relating to Corporate Costs for submission to Finance for payment;
•  Assist with all Ethics Office procurement activities as directed;
•  Conduct weekly review of business unit budget utilization for discussion with the Line
•  Manager;
•  Weekly review of outstanding requisitions and purchase orders to ensure that long outstanding requisitions and purchase orders are attended to promptly;
•  Process the service provider's applications for listing on the database for approval by the
•  delegated PIC officials;
•  Provide administrative support and assist with the implementation of any IT system Operations the Ethics Office is involved in.

Competencies and skills:

•  Interpersonal relations
•  Excellent communication skills (oral and written)
•  Ability to work systematically
•  Ability to deal with pressure
•  Detailed oriented

The PIC assets under management are nearly R2.6 trillion across listed and unlisted investments. The firm prides itself in its diversity, excellence, and a commitment to contribute positively to society in all its activities. The PIC offers unparallel exposure to investment markets, industries, sectors and is globally recognised as a leading investment firm when it comes to Responsible Investing. If you are dynamic, resilient, agile, disciplined and are committed to making a difference - we look forward to your application.
Closing Date: 08 March 2024