Assistant Director - Pensions & Treasury

Morgan Law; City Of London; On-site; GBP 76,000 - 89,000; Full time

Job summary

Morgan Law is supporting a London-based authority in recruiting a permanent Assistant Director of Pensions and Treasury. You will act as the Council's LGPS Senior Officer and lead the stewardship of the Pension Fund.

You will unite pension administration, investment strategy, governance, funding, actuarial valuation, risk, and treasury duties, advising the Pensions Committee and Board while representing the Fund with regulators and partners. Salary range £76,386–£88,563.

Qualifications

• Experience leading LGPS governance and pension fund functions.
• Strong knowledge of LGPS administration, investment, funding, and risk.
• Ability to engage with senior officers and elected Members, providing constructive challenge.

Responsibilities

• Lead pension administration, member services, and investment strategy.
• Oversee governance, assurance and regulatory compliance, and funding strategy.
• Provide professional advice to the Pensions Committee and Local Pension Board; represent the Fund externally with regulators and partners.
• Provide treasury management oversight including borrowing, liquidity, and capital financing.

Job description

I am supporting this London based authority with the recruitment of a permanent Assistant Director of Pensions and Treasury. As the AD, you will act as the Council's designated LGPS Senior Officer and lead the effective stewardship of the Pension Fund.

This is a rare opportunity to take on one of the first statutory LGPS Senior Officer roles created under the 2026 Governance Regulations and establish how strategic pension leadership operates within a modern administering authority.

You will bring together every dimension of the LGPS function, including:

• pension administration and member services
• investment and funding strategy
• governance, assurance and regulatory compliance
• employer engagement and risk
• actuarial valuation and contribution strategy
• performance management of advisers, investment managers and suppliers
• support and professional advice to the Pensions Committee and Local Pension Board.

You will also represent the Fund within the Council's senior leadership arrangements and externally with the London CIV, regulators, advisers, auditors, government and sector partners.

The role will also lead the Council's treasury management responsibilities, providing strategic oversight of borrowing, investment, liquidity, prudential indicators and long-term capital financing.

To be considered for the role you will need to be an experienced and credible pensions leader who understands the scale of responsibility involved in overseeing an LGPS fund, and will be comfortable operating with senior officers and elected Members, able to provide constructive challenge and committed to developing a high-performing, resilient and member-focused service.

An accountancy qualification is not a prerequisite. We are equally interested in candidates who offer substantial senior pensions governance experience, supported by strong knowledge of LGPS administration, investment, funding, governance and risk.

This is a permanent role with a salary range of £76,386 to £88,563 and some office presence will be required each week.