Pensions Administration Lead: SIPP & Compliance Expert

Burlington Stores, Inc.; Leeds; On-site; GBP 41,000 - 45,000; Full time

Benefits offered by this job

Health insurance

Private medical insurance

Life Insurance

Company pension contribution up to 15%

Cash allowance

Bonus opportunity

Financial advice

Holiday entitlement: 30 days + bank/h

5 days carryover option

Job summary

Lloyds Wealth is seeking a Senior Pension Administrator to support establishing a new pension administration team in Leeds. The role involves handling SIPPs lifecycle, ensuring compliance with HMRC and FCA regulations, and mentoring colleagues to deliver accurate, efficient pension services.

The ideal candidate has 3–5 years in SIPP administration, strong regulatory knowledge, and excellent communication and organisational skills.

Qualifications

• Professional pensions/financial services qualifications highly desirable.
• 3-5 years of dedicated SIPP administration experience.
• Strong knowledge of HMRC pension tax regimes (allowances, tax relief rules, etc.).
• Detailed understanding of drawdown mechanisms and transfer processes (Origo Options).
• Absolute accuracy in data entry and benefit calculations.

Responsibilities

• Set up and develop a pension administration team within Lloyds Wealth, implement risk management governance and controls to ensure good client outcomes.
• Administer the lifecycle of SIPPs in line with HMRC and FCA regulations.
• Identify gaps in processes and drive improvements, implementing solutions.
• Perform decumulation and benefits calculations (PCLS, UFPLS, etc.) and handle complex cases.
• Provide technical escalation support and coaching to colleagues to build knowledge.
• Stay updated on regulatory changes and market best practices in UK wealth management.
• Design and deliver training to upskill the administration team on procedures and industry standards.

Skills

Pensions administration

Regulatory knowledge

Attention to detail

Communication skills

Organisational skills

Mentoring & leadership

Collaboration

Education

CII FA2 (Pensions Administration)

CII R04 (Pensions & Retirement Planning)

PMI Certificate/Diploma in Pensions Administration

Tools

Origo Options transfer systems

Job description

Lloyds Wealth is seeking a Senior Pension Administrator to support establishing a new pension administration team in Leeds. The role involves handling SIPPs lifecycle, ensuring compliance with HMRC and FCA regulations, and mentoring colleagues to deliver accurate, efficient pension services.

The ideal candidate has 3–5 years in SIPP administration, strong regulatory knowledge, and excellent communication and organisational skills.