Public Investment Corporation (PIC) Vacancies: Apply by 09 June 2025

Are you an experienced investment professional with a passion for Africa-focused equity markets? The Public Investment Corporation (PIC), one of the largest investment managers in Africa, is seeking to appoint a skilled Portfolio Manager (Rest of Africa – ex SA) to oversee its equity portfolio beyond South Africa’s borders. If you’re a results-driven leader ready to manage R2.6 trillion in assets under management, this is your opportunity.

Vacancy Overview

EmployerPublic Investment Corporation (PIC)
Closing Date09 June 2025
LocationPretoria, Gauteng, South Africa

Position Details

Position Title: Portfolio Manager (Rest of Africa – ex SA)
Reference Number: PMR260525
Job Grade: E2–E4
Salary: Negotiable all-inclusive remuneration package
Centre: PIC Head Office, Pretoria


Requirements

Minimum Qualifications and Experience:

  • B degree in Commerce, Finance, or Science
  • 8–10 years relevant industry experience
  • 5–10 years in a Senior Management role
  • FAIS RE 05 Certificate

Preferred Qualifications:

  • Postgraduate degree in Commerce, Finance, or Science
  • Professional membership such as CFA, SAICA, or equivalent

Core Skills and Competencies

  • Investment analysis and equity portfolio construction
  • Market intelligence evaluation and sector stock recommendations
  • Risk and return attribution
  • Excel-based financial model development
  • Strong leadership and decision-making ability
  • Excellent communication, reporting, and negotiation skills
  • Ability to operate under pressure and deliver strategic results
  • Willingness to travel nationally and internationally

Key Responsibilities

  • Manage the Rest of Africa (ex-SA) sector fund to ensure competitive returns
  • Conduct macro and microeconomic analysis to support investment decisions
  • Develop and defend investment theses and company valuations
  • Produce detailed investment reports for governance structures and clients
  • Build and maintain customised financial models
  • Lead a team of Assistant Portfolio Managers and Analysts

How to Apply

Interested candidates must submit a comprehensive CV, clearly quoting the reference number (PMR260525), to:

Recruitment6@pic.gov.za

For more details, visit the official PIC website.

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