Public Investment Corporation (Pic) Vacancies
Public Investment Corporation (PIC)
- Location
- Pretoria, Gauteng
- Salary (as advertised)
- Market related
- Minimum qualification
- Bachelor's degree
- Closing date
First listed . Last checked at source .
In brief
**Overview** The Public Investment Corporation SOC Limited (PIC) is an asset management firm based in Pretoria, South Africa, mandated to make investments in various sectors of the economy on behalf of public sector entities. As one of the largest investment managers in South Africa and the African continent, the PIC manages over R3.6 trillion in assets for clients such as the Government Employees Pension Fund, the Unemployment Insurance Fund, and the Compensation Fund. The firm values diversity and excellence, seeking self-driven and results-focused professionals. This role, a Quantitative Specialist (Job Grade: E1 – E4), is part of the Research and Innovation team and involves developing quantitative models and providing investment information and ideas to leadership and investment teams. **What you will do** * Build mathematical, statistical, and computer (artificial intelligence)-driven models to optimise portfolios, manage risk, analyse asset classes, and generate investment alpha. * Research investment opportunities and analyse trends in various asset classes. * Develop strategic asset allocation framework for unlisted investments to ensure that PIC delivers on its dual mandate of financial returns and socioeconomic impact. * Collect, clean, and manage unlisted investment data, and automate processes and reporting. * Implement and manage systems that support asset allocation decision-making at the PIC. * Generate innovative investment ideas and solutions using quantitative tools, artificial intelligence and machine learning. * Build automated dashboards that summarize portfolio investment performance and individual asset performance. * Test and implement risk models to measure the impact of the investable ideas generated by the division. * Support portfolio managers, fund principals, risk teams, and investment committees by developing quantitative tools, building optimization frameworks, pricing financial instruments, analyzing market data and fund styles. * Lead, manage, mentor and develop direct reports within the team. **Requirements (from the original advert)** * Postgraduate degree with specialisation in the quantitative discipline (quantitative finance, mathematics, statistics, data science, financial engineering, computer science, etc.). * 8 - 10 years’ experience in quantitative research & modelling, portfolio construction & optimisation, advanced data analytics, data management & automation and predictive modelling. * Extensive experience in the use of artificial intelligence and machine learning within the financial services industry (asset management, banking, insurance, etc.). * Strong analytical skills. * Strong numerical skills. * Technical skills including Python, Pyspark, ARIMA, R, MATLAB, databricks, LSTM/deep learning, Random forest, K-means, XG Boost, amongst others. * Financial analysis and interpretation. * Quantitative analysis. * AI and ML tools. * Data analytics. * Process automation. * Financial modelling. * Innovation. * Model building. * Sector specific research. * Ability to maintain, develop and update fundamental models. * Presentation skills. * Communication skills. * Must possess the desire and ability to work in a collaborative and intensive team-orientated environment within an established investment process. * Self-starting personality with keen attention to detail, who can work independently. * Open-minded thought process and innovative idea generation. * *Advantageous:* Master’s degree/CFA/CAIA/FRM. **Who should apply** The ideal candidate is a self-driven, results-focused professional who is dynamic, resilient, agile, and disciplined. They should be eager to be part of a team focused on creating meaningful change and possess the desire and ability to work in a collaborative and intensive team-orientated environment within an established investment process. A self-starting personality with keen attention to detail, capable of working independently, and demonstrating an open-minded thought process with innovative idea generation, is highly valued. **Deadline** 30 October 2026 **Reference** Original posting: https://www.govpage.co.za/vacancies/public-investment-corporation-pic-vacancies-14 Source: govpage
Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.
At a glance
- At least 8 years of experience.
- Python
- Agile / Scrum
Extracted automatically from the advert; confirm requirements on the original listing.
Job description
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