Investment Consultant - DC and Master Trust Supervision

The Pensions Regulator; Brighton; Hybrid; GBP 81,000 - 98,000; Full time

Benefits offered by this job

Hybrid working

Learning & development

Civil Service Pension

Job summary

The Pensions Regulator is seeking an Investment Consultant (Principal) to oversee DC, Master Trust and CDC investment supervision from its Market Oversight directorate in Brighton. The role combines relationship management, analysis and policy development to strengthen oversight and improve outcomes for savers.

You will design interventions, develop policy guidance, and collaborate across teams to embed robust investment risk management while supporting a flexible, hybrid working model in a

Qualifications

• Up-to-date knowledge of workplace pension fund investment gained through working with pension schemes, an in-house investment team or an asset manager.
• Experience of working with or within workplace pension schemes on investment issues.
• In-depth knowledge of DC investment strategy.
• Ability to produce high-quality analysis and deliver work to tight timescales.
• Strong communication and influencing skills with people at different levels of seniority.
• Experience of emerging policy areas, such as private markets.

Responsibilities

• Oversee investment strategies across DC, Master Trust and CDC schemes, building strong relationships with schemes, their employers and administrators.
• Develop and monitor frameworks to support market-wide oversight and risk management across investment activities.
• Contribute to investment policy, guidance and supervisory frameworks for DC, CDC and Master Trust schemes.

Skills

Pension investment

DC investment strategy

Analysis

Communication

Policy experience

Stakeholder engagement

Job description

Role title: Investment Consultant – DC and Master Trust Supervision

TPR grade & pay group: Principal – Advisory Grade 6

Directorate: Market Oversight

Salary: £89,459 Per Annum

Contract type: 12 month fixed-term contract

Location: Brighton/hybrid 6 days per month in the office

The Role And Responsibilities

As an Investment Consultant (Principal), you will play a key role in helping The Pensions Regulator oversee investment strategies across Defined Contribution (DC), Master Trust and Collective Defined Contribution (CDC) pension schemes. We are looking for someone who can help us build strong ongoing relationships with pension schemes, their employers and their administrators; in addition to working across teams internally to help develop frameworks and monitoring to support our market-wide oversight. The role combines relationship management, analysis and problem solving, requiring the ability to communicate complex investment issues clearly and effectively. The successful candidate should also be able to engage credibly with individuals from different backgrounds and levels of seniority. The successful candidate will identify, analyse and manage investment and wider scheme risks, helping to design and implement appropriate interventions while contributing to the ongoing development of TPR’s DC investment risk framework. The role also includes developing investment policy and guidance in emerging areas such as CDC, value for money, decumulation, consolidation, productive finance and climate change, alongside contributing to policy and supervisory frameworks for DC, CDC and Master Trust schemes. The role will involve supporting TPR’s investment modelling capabilities, sharing investment knowledge across the organisation, providing training on investment developments and communicate TPR’s approach to Master Trust supervision with both internal and external stakeholders.

This Role Is Ideal For Someone Who

• Enjoys applying investment knowledge to improve outcomes for pension savers.
• Likes analysing complex issues and turning evidence into practical recommendations.
• Values collaboration and working with colleagues from a range of professional backgrounds.
• Takes a thoughtful and detail-focused approach to problem solving and decision-making.
• Enjoys keeping up to date with developments in pensions, investment policy and regulation while continuing to develop their expertise.

The role criteria

• Up-to-date knowledge of workplace pension fund investment gained through working with pension schemes, an in-house investment team or an asset manager.
• Experience of working with or within workplace pension schemes on investment issues.
• In-depth knowledge of DC investment strategy.
• Ability to produce high-quality analysis and deliver work to tight timescales.
• Strong communication and influencing skills with people at different levels of seniority.
• Experience of emerging policy areas, such as private markets.

The team

In Market Oversight, our focus is to build a deep understanding of both market-wide and individual schemes’ risks and opportunities so that we can protect, enhance and innovate in savers’ interests.

Master Trust and DC Supervision brings together multi-disciplinary teams – with experts in governance, investments, business analysis, law and more – to address individual scheme level risks, as well as those which could impact the wider financial ecosystem. Our focus is on schemes delivering real value with an emphasis on governance, investments, data quality/standards, and innovation, putting the saver at the heart of everything we do.

TPR Offers

• Genuine opportunities for learning and development.
• A values-led, inclusive environment.
• Hybrid working and flexible shift patterns.
• A vibrant workplace with employee networks (Disability, Family, LGBT+, Minority Ethnic, Mental Health, Women’s).

Reward And Benefits

We offer 25 days annual leave plus bank holidays, a hybrid working model, 35 hour working week (full-time), flexible working patterns, and flexitime. We also provide competitive parental leave, as well as a Civil Service Pension with an average employer contribution of 28.97%. Our dedicated benefits portal (Edenred) offers retail, gym, tech and restaurant discounts, and a cycle to work scheme.

Find Out What Benefits a Civil Service Pension Provides.

Our culture

TPR strives to be a high-performing organisation, and we prioritise our people's growth and well-being. We offer various learning, secondment and development opportunities, support flexible working, and foster a diverse and inclusive environment.

Equality, diversity and inclusion is very important to us and we strive to make sure everyone has an equal opportunity to succeed. Our modern Brighton offices are in Telecom House overlooking Preston Park, they are over two floors of a shared building facility and when designed in 2023 we followed the government’s workplace design guide to ensure accessibility by design was achieved for our section.

We're proud to have a range of networks and opportunities to bring people together with supportive and safe spaces to connect with one another.

About The Pensions Regulator

With a career at TPR, you’ll be joining an organisation with real purpose and who are proud of their diverse range of skills and experience that positively impact on millions of people. Everyone at TPR plays an important role in helping to keep more than £2trn of savings safe.

Our Corporate Strategy outlines a bold and challenging vision of how pensions regulation should continue to evolve to keep pace with a change in the scale and nature of the pensions landscape. We believe diversity and inclusion are vital to good decision-making for positive saver outcomes. We’re committed to creating a supportive, inclusive, and dynamic work environment where everyone can thrive; understanding the link between the work we do and its positive impact on society.

Find out more about us.

Diversity and inclusion

TPR is committed to promoting diversity, inclusion and equality in the workplace, creating an environment where everyone is encouraged to be themselves, enabling our people to feel supported, represented and do their best work.

We encourage applicants from all backgrounds and with different identities and experiences to apply for roles with TPR.

Further information

Please visit our website to find out what it is like to work at TPR, our culture, interview process and our commitment to our employees.

If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email [e-mail] .