Pension Fund Governance Manager Ref 1528070

Essential Employment; Trowbridge; On-site; GBP 50,000 - 53,000; Full time

Job summary

A leading organization in Trowbridge is seeking a Fund Governance Manager to oversee pension fund governance and administration. This role involves monitoring investment strategies, ensuring compliance, and managing employer relationships within a significant fund valued at approximately £3 billion. The position is full-time and permanent, offering a competitive salary.

Responsibilities

• Monitor and review the investment strategy.
• Ensure compliance with regulatory requirements.
• Manage relationships with scheme employers.

Job description

Fund Governance Manager needed in Trowbridge, £50,788 to £52,805 per annum – Reference: 1528070

The purpose of the Fund is to meet all future pension liabilities of its scheme members, while seeking to minimise contributions from employer bodies. Contributions are assessed every three years through an actuarial valuation.

The Wiltshire Pension Fund administers pensions for over 170 employer organisations, including local authorities, FE colleges, academies, charities, and third-party providers. The Pension Team oversees governance and administration, managing liabilities and assets valued at approximately £3 billion.

Accurate administration is crucial to ensure compliance with regulatory requirements, avoiding fines and reputational risks.

The management of the Fund’s assets and liabilities impacts its solvency and determines contribution levels, which are significant for employer organisations (around £40 million annually for Wiltshire), affecting their financial viability.

The Fund ensures all pension benefits are paid correctly, timely, and in accordance with regulations. It manages relationships with the scheme’s employers, overseeing admissions and cessations.

The role involves monitoring and reviewing the investment strategy, proposing improvements to ensure assets and costs are properly reported and legal. Investment services are procured through the Brunel Pension Partnership, alongside nine other LGPS Funds.

Role Details

• This is a full-time, permanent role.

Application Process

If interested, please apply via our website with your CV or email it to [e-mail], quoting the reference number.

Additional Information

Essential Employment acts as an employment business and is an Equal Opportunities Employer. All roles may require pre-employment checks, including references. Due to high application volumes, we may not respond to all unsuccessful applicants, but we will contact those moving to the next stage. Follow us on Twitter, Facebook, LinkedIn, or visit our website.