Chief Executive Officer - Royal Mail Pensions Trustee

Royal Mail; Greater London; On-site; GBP 180,000 - 240,000; Full time

Job summary

Royal Mail Pensions Trustees Limited (RMPTL) in London is seeking a Chief Executive Officer to lead RMPTL through its next phase of strategic evolution. You will report to the Chair of Trustees and RM Group CFO and guide the Trustee Executive team.

You will shape the long-term strategy of the Plan, ensure governance, risk management and operational excellence, and provide trusted advice on strategic and regulatory matters.

Qualifications

• Board-level leadership experience within a regulated environment.
• Experience leading large-scale transformation and change programmes.
• Credible governance, risk management and regulatory expertise.

Responsibilities

• Lead strategic direction for the Royal Mail Pension Plan.
• Support Trustee Board in long-term objectives and priorities.
• Drive major transformation and regulatory compliance.
• Oversee relationships with investment managers, actuaries, consultants, auditors and legal advisers.

Skills

Board leadership

Pensions expertise

Stakeholder management

Governance

Risk management

Transformation programs

Commercial acumen

Professional qualification

Education

Professional qualification in finance/pensions

Job description

Royal Mail Pensions Trustees Limited (RMPTL)

London

The Royal Mail Pension Plan (RMPP) is one of the UK's largest and most significant pension schemes, supporting the retirement outcomes of more than 120,000 current and former employees.

We are seeking an exceptional Chief Executive Officer to lead Royal Mail Pensions Trustees Limited (RMPTL) through its next phase of strategic evolution.

This is a rare opportunity to lead a high-profile organisation at the heart of one of the UK's most important pension arrangements. Working at Board level and engaging with a diverse range of stakeholders, you will help shape the future direction of the Plan, influence key strategic decisions and ensure the continued delivery of outstanding outcomes for members.

The Role

Reporting to the Chair of Trustees and the Royal Mail Group Chief Financial Officer, you will provide strategic and operational leadership for Royal Mail Pensions Trustees Limited.

You will lead the Trustee Executive team, working closely with the Trustee Board to develop and implement the long-term strategy of the Plan whilst ensuring the highest standards of governance, risk management and operational excellence.

As the lead in-house pensions expert, you will provide trusted advice and guidance across a broad range of strategic, technical and operational matters, balancing long-term vision with effective day-to-day delivery.

This role sits at the intersection of pensions, governance, investment, regulation and stakeholder management, requiring a leader who can navigate complexity whilst building alignment and delivering results.

Key Responsibilities

• Lead the strategic direction and ongoing development of the Royal Mail Pension Plan.
• Support the Trustee Board in the delivery of its long-term objectives and annual priorities.
• Drive the successful implementation of major strategic and transformation initiatives.
• Provide leadership across governance, risk management and regulatory compliance.
• Oversee key relationships with investment managers, actuaries, consultants, auditors and legal advisers.
• Build productive relationships with Royal Mail Group, Trustee Directors, regulators, government bodies, trade unions and other external stakeholders.

Ensure the effective operation of the Trustee Executive function and the successful delivery of member services.

About You

We are looking for an accomplished and influential leader with the credibility, judgement and strategic capability to operate at the very highest level.

You will bring:

• Significant experience leading, managing or advising a large and complex pension fund.
• Board-level leadership experience within a complex and highly regulated environment.
• Strong governance, risk management and regulatory expertise.
• Experience of leading large-scale transformation and change programmes.
• Outstanding stakeholder management and relationship-building capabilities.
• Strong commercial awareness and political acumen.
• The ability to influence, challenge and engage senior stakeholders with confidence and credibility.
• A professional qualification such as Chartered Accountant, Actuary, Pension Management Institute qualification or equivalent.

Why Join Us?

This is a unique opportunity to lead an organisation of genuine national significance and play a key role in shaping the future of one of the UK's most prominent pension schemes.

You will work alongside an experienced Trustee Board and Executive team, influencing decisions that impact thousands of members whilst helping to drive the next phase of the Plan's development.

The role offers the opportunity to make a lasting contribution through strategic leadership, innovation and collaboration at the highest level.

Reward Package

A highly competitive executive remuneration package is available for this appointment.

In recognition of the scale, responsibility and impact of this role, the successful candidate will receive a market-leading reward package commensurate with a senior executive leadership position, including:

• Highly competitive base salary
• Significant annual bonus opportunity
• Highly competitive pension
• Additional long-term incentives

Full details of the reward package, including salary, bonus and executive benefits, will be discussed in confidence with shortlisted candidates during the selection process.

Location

London, with regular attendance at the Trustee office located at 1 George Yard, EC3V.

If you are a strategic pensions leader with the vision, expertise and leadership capability to guide one of the UK's most significant pension schemes through its next chapter, we would be delighted to hear from you.

Be Brilliant. Be Positive. Be Part of It.