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Pension Fund Governance Manager

Positive Employment

England

Hybrid

GBP 50,000 - 53,000

Full time

30+ days ago

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Job summary

An established local government organization is seeking a Fund Governance Manager to lead the development and implementation of a robust regulatory framework for the Pension Fund. This pivotal role involves engaging with stakeholders, ensuring compliance with governance standards, and overseeing the management of the Pension Fund Committee. The ideal candidate will possess extensive experience in defined benefit pension schemes, demonstrating a commitment to best practices in governance. Join a forward-thinking team that values efficiency and customer-focused outcomes, all while working in a hybrid environment that promotes work-life balance.

Qualifications

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

Responsibilities

  • Act as key contact for governance matters with various stakeholders.
  • Support the Head of the Fund in managing the Pension Fund Committee.

Skills

Governance services
Stakeholder management
Pension scheme management
Risk management
Contract management

Education

Degree in relevant discipline
Professional qualifications (IPPM, PMI, CII)

Job description

Are you looking to join a dynamic local government organisation based in Wiltshire? If so, this opportunity might be perfect for you! Our client is currently recruiting for a Fund Governance Manager who will be responsible for developing and implementing the Pension Fund's regulatory framework and governance assurance system. This role is a permanent position and will be done on a hybrid basis, with 50% Work From Home split.

Duties and Responsibilities but not limited to:
  • Act as the key contact with stakeholders on governance matters, including the Pension Committee, Local Pension Board, Pension Services Management Team and other officers, the Pensions Regulator, Fund Managers, Actuary, scheme employers and other external professionals.
  • Support the Head of the Fund in managing the Pension Fund Committee and Local Pension Board, including developing agendas, producing and presenting reports, ensuring appropriate objectives and strategies are in place, monitoring risk management and ensuring audit recommendations are addressed.
  • Support the development, maintenance and reporting of all governance processes, ensuring that they are implemented and measured to confirm they are improving organisational effectiveness, efficiency and customer focused outcomes which is regularly reported to the Pension Committee and Local Pension Board.
  • Support Pension Fund procurement exercises where required, and will have overall responsibility for contract management, overseeing supplier performance and contract extensions and re-tendering as appropriate.
  • 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.
  • Be responsible for all Fund governance arrangements, leading the development and implementation of the Fund's 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.
Personal Requirements:
  • A degree and relevant professional qualification such as (IPPM, PMI, CII) or related discipline (or ability to demonstrate skills at the required level).
  • Extensive knowledge of the LGPS Regulations.
  • Significant previous experience of providing governance services to a large defined benefit pension scheme, with reference to Committee management and national LGPS governance standards.
  • 5 years’ experience of working in administering a large defined benefit pension scheme.
  • Ability to demonstrate good governance and best practice in a pensions environment through compliance with industry standards and evidence of system and process improvements.
  • 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.
Pay: £50,788.00 - £52,805.00Please note this role is within the scope of IR35.
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