Deputy Director: Investments – Pretoria – Unemployment Insurance Fund

About the Role

The Unemployment Insurance Fund is seeking a dedicated Deputy Director: Investments based in Pretoria. This role is pivotal in managing the investment portfolio services that directly impact the economic landscape of South Africa. By ensuring adherence to investment-related legislation and policies, this position not only supports the financial sustainability of the Fund but also plays a crucial role in the public service sector, benefiting countless citizens who rely on unemployment benefits.

In this role, you will be responsible for overseeing various aspects of the investment portfolio, including risk management and compliance reporting. Your work will contribute to the governance and transparency of the Fund, ensuring it operates in line with the best practices and regulations. This is an excellent opportunity for individuals with a strong background in finance and investment management to make a meaningful impact in their community.

About the Department

The Unemployment Insurance Fund (UIF) is dedicated to providing financial relief to South African workers who become unemployed. Its mission is to ensure job security and support for individuals during times of need. Working at the UIF means being part of a team that strives to enhance social welfare and economic stability across the nation. Every day, you will have the chance to contribute to policies and practices that directly affect the livelihoods of South Africans.

What You’ll Do

• Manage and oversee the investment portfolio services, ensuring alignment with relevant legislation and policies.
• Conduct investment accounting, valuation, and disclosure in compliance with GRAP standards.
• Monitor and manage investment risk by linking actuarial risk appetite and tolerance to portfolio limits.
• Ensure compliance and governance reporting to internal and external oversight structures.
• Oversee the financial, human, and physical resources of the Sub-directorate effectively.

What You’ll Need

• An undergraduate qualification in Investment Management, Finance, Accounting, Economics, or a related field at NQF Level 7 recognized by SAQA.
• A minimum of five years of relevant working experience, with at least three years in an operational investment environment.
• Two years of experience at an Assistant Director or Junior Management level in an investment setting.
• In-depth knowledge of PFMA, NT Regulations, and various investment governance frameworks, including GRAP and IFRS.
• Strong skills in investment analysis, financial modelling, and portfolio management, along with a solid understanding of risk management frameworks.

How to Apply

Please refer to the application instructions below.