Public Investment Corporation (PIC) Assistant Portfolio Manager (Global) Vacancy 2026 | Salary Negotiable

Opportunity Overview

The Public Investment Corporation SOC Limited (PIC) is a prominent asset management firm operating within South Africa. Its core mandate involves making investments across various sectors of the economy on behalf of public sector entities, including the Government Employees Pension Fund, the Unemployment Insurance Fund, and the Compensation Fund. The PIC has grown to be among the largest investment managers in South Africa and across the African continent, managing assets currently exceeding R3 trillion.

This specific opportunity is for an Assistant Portfolio Manager (Global) within the Multi-Management Public Markets division, based in Pretoria. The role is designed to support the manager selection and portfolio construction processes for allocated asset classes, providing significant assistance in the ongoing monitoring of external managers.

Minimum Requirements

• B Com (Hons) or BSc (Hons) degree in Financial Management
• At least 10 years post-qualification experience in investments and economic knowledge
• At least 5 years of experience with Multi-manager Funds
• At least 5 years’ experience within the investment industry
• At least 5 years’ experience in Global Strategies
• Demonstrated investment and economic knowledge
• Experience with investment and financial analysis
• Excellent quantitative skills, including proficiency in Excel and other risk tools
• Experience with a risk/optimisation model, such as MSCI Barra or Bloomberg
• Ability to interpret research and analysis, and formulate recommendations
• Extensive knowledge of financial markets, instruments, regulations, economic theories and relationships, and valuation tools
• Thorough understanding of investment managers’ investment disciplines, expected portfolio characteristics, and investment activities

Key Responsibilities

• Assist in the oversight of investment portfolios for clients or organizations.
• Monitor developments in financial markets to maintain an understanding of current and anticipated trends and their potential impact on client portfolios.
• Stay informed, and keep the team informed, about current market developments and their influence on external manager portfolios.
• Monitor and analyse existing managers based on qualitative and quantitative factors.
• Produce Risk and Return analysis for existing managers and peer groups.
• Prepare reports for clients and internal committees, including the Portfolio Management Committee and Investment Committee.
• Conduct quantitative analysis of managers relative to stated benchmarks and peer groups.
• Research and evaluate investment strategies, ideas, and concepts.

How to Apply

Applications for this position close on 28 July 2026.

To apply, please visit the Public Investment Corporation (PIC) official website: http://www.pic.gov.za/