Fund Governance Manager

SOLOS Consultants Ltd; Trowbridge; On-site; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Governance Manager to provide expert advice and ensure compliance within a public sector pension scheme. This pivotal role involves overseeing governance arrangements, managing compliance with GDPR, and maintaining communication with regulatory bodies. The ideal candidate will have extensive experience in pension scheme management and governance services, along with a relevant degree and professional qualifications. Join a dynamic team committed to achieving the council's vision and goals while making a significant impact in the public sector.

Qualifications

• 5+ years of experience in administering a large defined benefit pension scheme.
• Extensive knowledge of LGPS Regulations and compliance standards.

Responsibilities

• Serve as the main contact for pension governance and compliance.
• Lead the development of governance objectives and report breaches.

Skills

Governance Services

Compliance with GDPR

Pension Scheme Management

Committee Management

Business Planning

Training Program Development

Education

Degree in a relevant discipline

Professional qualification (IPPM, PMI, CII)

Job description

We are currently seeking a Governance Manager to join a public sector client based in Wiltshire to play a pivotal role.

Job purpose:
Provide authoritative and recommended advice on a specialist area for the council and/or partners to ensure proper compliance. Advice and support to teams/service/partners on a range of topics in order to further the achievement of the council's visions, goals, and core values.

Key Responsibilities:

1. To be the main point of contact within the Pension Team on all matters relating to pension scheme governance, the Pensions Regulators Code of Practice 14, and all relevant statutory and non-statutory guidance impacting public sector schemes. Any material breach of this Code must be reported to the Pension Regulator, via the Local Pension Board who may impose fines on our or civil prosecutions against individuals.
2. To be responsible for all Fund governance arrangements, leading the development and implementation of the Funds wide-ranging governance related objectives set out in its business plan, reviewing these regularly and ensuring appropriate procedures are in place to measure success of achievement.
3. Leading on the extensive requirements set out in the General Data Protection Regulations (GDPR), working with the other members of the Management Team to ensure compliance is achieved and where any breaches are identified that these are recorded and reported within the statutory timescales.
4. Ensure any changes to processes required as a result of a GDPR are agreed and implemented within agreed timescales.
5. Maintaining the Fund's breaches log and reporting all breaches to the Pension's Regulator or Information Commissioner, as appropriate. Resolving any fines that may be levied against the Fund as a result of any such breaches and managing the reputational risk for the Committee.
6. Reporting all breaches to the Pension Committee and Local Pension Board, setting out the agreed plans being put in place to resolve any such failings for the future.
7. Developing and maintaining for the Head of the Pension Fund all terms of reference, structure, roles/responsibilities, constitution etc. of the Fund's Pension Committee and Local Pension Board.

Qualifications and Requirements:

1. A degree and relevant professional qualification such as (IPPM, PMI, CII) or related discipline (or ability to demonstrate skills at the required level).
2. Extensive knowledge of the LGPS Regulations.
3. Significant previous experience of providing governance services to a large defined benefit pension scheme, with reference to Committee management and national LGPS governance standards.
4. Ability to demonstrate good governance and best practice in a pensions environment through compliance with industry standards and evidence of system and process improvements.
5. 5 years' experience of working in administering a large defined benefit pension scheme.
6. Excellent knowledge of defined benefit pension scheme management and the major factors and issues involved in pension service delivery such as the administrative, operational, and financial elements.
7. Significant knowledge and experience of business planning.
8. Extensive knowledge and experience of procurement and compliance standards.
9. Excellent knowledge and experience of developing and delivering training programs to a diverse audience.
10. Significant experience of working in a complex environment with conflicting priorities and financial issues.

If this role is of interest, then please apply immediately.