Pensions Risk & Compliance Manager

EY; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

Join a leading company as a Pensions Risk & Compliance Manager, where you will manage pension strategies and ensure compliance. This hybrid role involves working closely with internal stakeholders and requires strong expertise in Defined Benefit schemes and risk management.

Qualifications

• Proven track record in managing pension change projects.
• Strong technical knowledge of DB schemes and legislation.

Responsibilities

• Support governance and operations of the legacy DB pension scheme.
• Act as Risk Officer to the Trustee, managing risk framework.
• Ensure compliance with regulatory and legislative obligations.

Skills

Analytical Skills

Communication Skills

Risk Management

Relationship Management

Attention to Detail

Team Collaboration

Education

Pensions Professional Experience

Job description

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Pensions Risk & Compliance Manager, UK & EIRE
Level 3: Assistant Director

Location: UK Wide
Hybrid working: Currently In London once a month, every quarter two days per week

The EY Pensions Consulting Team is hiring! We are looking for a high impact, delivery focused individual with strong DB experience. This role will form part of a high performing team managing the overall pensions strategy, governance, and policies of EY’s current and legacy pension arrangements across the UK and the Republic of Ireland.

We are seeking individuals with expertise and experience in any combination of the following areas:

• In-house pension scheme management and governance
• Pension scheme operations and risk management
• Governance of trust-based arrangements
• Defined Benefit (DB) schemes

Your key responsibilities

• You will support the Secretary to Trustee in all aspects of the governance and operations of the legacy Defined Benefit (DB) pension scheme.
• You will act as Risk Officer to the Trustee of the legacy DB scheme, reporting to the Chair of the Audit & Risk Committee. This will include the management and monitoring of the Trustee’s risk management framework and Risk Register.
• You will manage all matters relating to regulatory and legislative compliance for EY as sponsoring employer and the Trustee. This includes working with EY’s Quality & Risk Management team to ensure ongoing compliance of EY’s Independence Policy, liaising with advisers to ensure that regulatory and legislative obligations are identified, documented and compliance is met.
• You will support in the day-to-day management of EY’s UK and ROI pension arrangements as required.
• You will manage EY’s Group Risk benefits for staff, working with the third-party broker on the annual renewal, market reviews and overseeing the claims process.
• You will support the Head of Pensions with the ongoing management and monitoring of the annual budget.
• You will undertake and lead on specific projects as required.

Skills and attributes for success:

• A proven track record in managing pension change projects with a strong delivery focus.
• Excellent analytical and communication skills (both verbal & written) are essential with good influencing skills
• Excellent relationship management and interpersonal skills in dealing with a wide range of internal stakeholders at all levels, external advisers and members.
• Strong focus on risk management
• Strong attention to detail
• A good team contributor with a focus on collaborative working
• The ability to take ownership and personal responsibility for workload management
• Flexible and adaptable to effectively operate in a challenging environment

To qualify for the role, you must:

• You must be an experienced pensions professional preferably from a consultancy or in-house environment, with strong technical knowledge and a good understanding of the current legislative and regulatory challenges.
• As a senior member of the in-house pensions team, you will be required to demonstrate:
• Good technical understanding of DB schemes and their various complexities
• An excellent understanding of the day-to-day operations of trust-based arrangements.
• Good understanding of current legislation and regulations, and their impact on DC schemes
• Good understanding of the UK pensions landscape
• Excellent communication skill in range of situations both written and verbal
• Good commercial acumen and awareness
• Excellent stakeholder and project management skills, with a strong delivery focus.

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