Pensions Governance Specialist

Pensions Governance Specialist

Division – Finance Operations

Salary – National (Edinburgh and Leeds) ranging from £57,200 to £80,000 and London £62,900 to £90,000 per annum (Salary offered will be based on skills and experience)

About the FCA

The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.

This role is part of the Pensions team which falls within the overall Finance Operations division. The Pensions team supports the Trustees of the FCA Pension Plan. The overarching objective for this role is to ensure that there are appropriate systems and processes in place to properly support and maintain the Pension Plan governance framework and achieve compliance with statutory and regulatory requirements particularly in relation to the Plan's status as an authorised Master Trust.

The role holder will report to the Pensions Manager. While the role does not have direct reports, it includes a broader responsibility to assist the Pensions Manager in guiding and developing junior team members.

What will you be doing?

• Review and test existing policies, and draft and implement new policies as required

• Collect and prepare data for reporting to the Trustees and the Plan’s sponsoring employers, demonstrating the Plan’s performance against the Master Trust business plan

• Monitor plan operations to ensure compliance with statutory and regulatory requirements, staying abreast of regulatory changes and taking appropriate action as needed

• Oversee the Trustee’s Risk and Control Framework and ensure compliance with data protection responsibilities

• Submit required returns and respond to information requests from relevant authorities and regulatory bodies in relation to the Master Trust

What will you get from the role?

• Join a dynamic, forward-thinking team where you’ll take ownership of your work, develop practical solutions, and thrive in a supportive environment. This is your chance to push boundaries, enhance your skills, and accelerate your career growth

• The opportunity to enhance your skills and competencies taking your career to the next level

• An exciting opportunity to collaborate with a seasoned and insightful trustee board, gaining valuable expertise and contributing to impactful decision making

• A unique opportunity to be at the heart of the FCA, gaining firsthand experience into its wider operations and contributing to impactful initiatives that shape financial regulation

Which skills are required?

We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)

Minimum

• FPMI/APMI and/or equivalent with industry experience of investment and actuarial matters, as well as current pensions and legislative framework.

• Extensive expertise in occupational pension schemes, both defined benefit and defined contribution benefits and Master Trusts.

Essential

• Proven ability to identify and assess risk, showcasing strong analytical skills to implement mitigation measures.

• Proficiency in Office applications, with the ability to present information clearly.

• Must show strong communicative skills, both written and oral, to be confident in presenting information to relevant stakeholders.

• An excellent eye for detail, with a thorough and methodical approach.

Our Values & Diversity

We are proud to be an inclusive employer, and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
 

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.

Did you know? 50% of our Executive Committee were the first in their family to attend university.

Benefits of working at the FCA

• 28  days holiday per year plus bank holidays (amend based on grade) 

• Hybrid working (work from home up to 60% of your time)

• Private healthcare with Bupa 

• A non-contributory Pension of at least 8%

• Life assurance

• Income protection

We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.

We welcome applications from candidates who are looking for flexible arrangements.  Many of our staff work flexibly including working parttime, staggered hours, and job shares.  We can’t promise to give you exactly what you want but we can explore what might work best for both sides.

Follow this link to see what life is like at the FCA - Life at the FCA

Application Support

We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.

If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
 

Useful Information and Timeline

• This role is graded as Technical Specialist - Corporate

• Advert Closing Date: 23rd May

• CV Review/Shortlist: 26th-28th May

• First Round Competency Based Interview: W/C 2nd June

• Final Stage In Person Interview: W/C 9th June

Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
 

Got a question?

If you are interested in learning more about the role, please contact Tahir Khan on [email protected]

Applications must be submitted through our online portal. Applications sent via email will not be accepted.