PIC Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

The Public Investment Corporation SOC Limited (PIC) is an asset management firm, whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund and the Compensation Fund. Over the years, we have grown
to be amongst the top, large investment managers in South Africa and the rest of the African
continent, with current assets under management at just over R2.6 trillion. At the centre of
our growth is a team of self-driven professionals who are results-focused.

We are currently seeking applications from dynamic individuals for the following positions:

Credit Risk Analyst (Ref: CRA005)
Head – Information Security

Credit Risk Analyst (Ref: CRA005)

Position: Credit Risk Analyst (Ref: CRA005)
Grade: D1 – D5
Salary: All-inclusive remuneration package negotiable
Centre: Risk Management division, Pretoria

Purpose of the role:
To manage credit risk by way of identifying, quantifying, and reporting on various forms of credit
risk (e.g. pricing, volatility, and interest rate risk). To conduct ongoing research and
understanding of financial markets to understand trends and risks to ensure informed credit risk
recommendations. Prepare Credit reports, advising appropriate credit risk ratings, pricing,
exposure and making investment recommendations with respect to the individual transactions

Requirements:

B Com Degree (Finance/Accounting), BSc (Actuarial/Mathematics) or any related Commercial
degree
Postgraduate Finance or Investment-related Degree, CFA, FRM, CAIA (Highly Advantageous)
2 – 4 years of relevant experience in due diligence assessments of credit risk in Corporate
Finance and Project Finance Deals.
Credit risk experience in both unlisted and listed credit is highly advantageous.
Knowledge of Credit Assessment Techniques for various asset classes
Knowledge of Financial Modeling and Valuation techniques
Knowledge of compliance requirements for investments in Asset Management

Duties:

To provide expert advice on credit risk factors that may influence investment decisions made
on PIC portfolios for both listed and unlisted investments.
To participate in due diligence of investment considerations and to provide independent risk
assessment detailed reports, with recommendations to the various committees to inform
decision-making.
To assess investment considerations against both the client mandates and the PIC’s internal
investment-related and other applicable policies and processes, which assessment will form
part of the overall risk assessment to inform decision-making.
To conduct ongoing risk monitoring, at investment and portfolio level for reporting to PIC
Management, Client and Board (as required)
To participate in ad-hoc credit and investment risk-related projects and activities related to
improving ways of measuring, managing, reporting and/or minimizing risk while ensuring
maximized return on all PIC portfolios.
To participate in quarterly monitoring of investments (as required), including impairment
calculations.
To participate in ad-hoc requests from clients and/or PIC management to provide input into the
risks and opportunities for portfolio optimisation.
Contribute to the enhancement of credit risk and investment risk processes to enable
continued robustness of PIC’s risk management.
To conduct ongoing research and understanding of financial markets to understand trends and
risks to ensure informed credit risk recommendations.

Competencies and skills:

Knowledge of systems used in investments to perform and apply analytical skills
Valuation techniques for various asset classes (listed, unlisted and property assets)
Credit risk management for various asset classes (listed, unlisted and property assets)
Due diligence and Credit restructuring skills
Knowledge and understanding of financial and non-financial risks
Financial/Investment risk management
Investment Compliance management
Risk Monitoring and Reporting (‘Cradle to Grave’)
Programming skills given the dependency on model usage
Strong analytical skills
Strong research skills
Strong financial modelling skills
Strong presentation skills (written and verbal)
Ability to work and collaborate with multiple teams in the Investment Process
Ability to work independently to execute mandated tasks
Ability to communicate at senior management level
Ability to work under pressure and tight deadlines
Ability to travel (domestically and internationally) to conduct due diligence
A high degree of ethical conduct to ensure the integrity of the investment portfolios and the PIC

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 23 July 2024

Grade Range: The grade range for this position is from D1 – D5 commensurate with applicable
minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@@pic.gov.za

Head – Information Security

Position: Head – Information Security
*Job Grade: E1 – E3
Ref: RPTS05
Salary: All-inclusive remuneration package negotiable
Centre: Public Investment Corporation, Pretoria

Purpose of the role:
Responsible for the development and implementation of PIC Information Security
Management Strategy in line with PIC’s business strategy. Analyse internal and external
environments and implement Information Security capabilities and competencies to prevent
information security breaches and data loss that might lead to PIC reputational damage,
revenue loss and staff productivity loss. Management includes the management and
supervision of staff.

Requirements:

Degree in Computer Science or any IT-related Degree
ITIL Certification;
Cobit Certification;
Certified Information Security Manager (CISA)
Certified Information Systems Auditor (CISA)
ISO 27000 certified or extensive knowledge and experience industry and sectoral research
6+ years experience in IT Security Management2+ years experience in Financial Services
IT Governance experience – COBIT or ITIL
Hands-on knowledge and experience with IT Controls, Security architecture, & IT Security
5+ years of IT Risk Management experience

Duties:

Define and implement PIC Information Security Management strategy;
Analysis of internal and external environment and implement IS and RM capabilities that
will enable the organization to achieve its strategic and operational objectives;
Benchmark and research on IS and RM trends and best practices;
Develop and implement effective IS and RM architecture in line with business architecture;
Define and implement IS and RM standards and frameworks;
Develop and implement IS and RM policies, processes and procedures and acquire
technologies to implement such policies to enhance PIC’s IT Security environment and
reduce Cyber-attacks and penetration risks;
Implement effective Vulnerability management programs;
Continuously monitor and report on IT Security Risks, Cyber-attacks, IT controls and the
effectiveness of those controls;
Implement control self-assessment processes to ensure proactive risk management of the
department;
Partner with enterprise Risk Management and Internal Audit departments on new
developments (internally) and evaluating (external) developments while monitoring and
mitigating the associated risks
Develop and build an early warning system to identify breaches and non-compliance;
Evaluate the policies, procedures, and processes related to IT governance and ensure their
compliance with regulations and international best practice;
Report on the regulatory environment and the organization’s compliance with that
environment;
Continuously develop systems and processes to improve IT Governance;
Build and develop global best practices relating to IT Governance.
Lead and Manage IT Security team

Competencies and skills:

Leadership and management skills
Proven communication Skills (reporting and presentation)
Able to work under pressure
Self-driven and goal-focused
Customer-focused and team player
Attention to Detail
Proven interpersonal skills
Planning and Organising

Closing Date: 24 July 2024

Grade Range: The grade range for this position is from E1 – E3, commensurate with applicable
minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment1@pic.gov.za

All the best with your applications.

The post PIC Vacancies appeared first on Vacancies with Collen.

Credit Risk Analyst (Ref: CRA005)

Head – Information Security

Share this:

Like this: