Fund Governance Manager
Fund Governance Manager
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
We are working closely alongside a Local Authority in Wiltshire to assist with the appointment of a Fund Governance Manager on a Permanent Basis highly likely to be extended at clients discretion. Please apply with your CV for immediate consideration.
Rate of Pay:50788..00 Per Annum
Responsibilities:
- The purpose of the Fund is to meet all future pension liabilities of its scheme members whilst at the same time seeking to minimise the contributions that need to be paid into the Fund by the employer bodies. The level of employer contributions is assessed every three years through an actuarial valuation of the Fund.
- The Wiltshire Pension Fund administers pensions on behalf of over 170 different employer organisations ranging from local authorities FE colleges academies charities and thirdparty service providers. The Pension Team is responsible for the governance and administration of the Wiltshire Pension Fund. The LGPS benefits being administered amount to liabilities and assets currently valued at c3bn.
- The correct administration is critical to ensure the Fund operates within various complex regulatory requirements and avoids fines by the Pension Regulator along with the associated reputational risk.
- The management of the Funds assets and liabilities is attributable to its solvency and determines the level of contributions to be paid by employers organisations a significant cost for them (circa. 40m per annum for Wiltshire Council alone) and for many smaller employers this has a direct impact on their financial viability.
- The Wiltshire Pension Fund ensures all pension benefits are paid correctly on a timely basis and in line with the scheme regulations. It manages the relationships with the Funds 170 scheme employers overseeing the admission and cessation of these organisations.
Qualifications:
- A degree and relevant professional qualification such as (IPPM PMI CII) or related discipline (or ability to demonstrate skills at the required level).
Experience:
- Significant previous experience of providing governance services to a large defined benefit pension scheme with reference to Committee management and national LGPS governance standards.
- A 5year experience of working in administering a large defined benefit pension scheme.
- Excellent knowledge and experience of developing and delivery training programs to a diverse audience.
- Significant experience of working in a complex environment with conflicting priorities and financial issues
Please note:
- You should be available to work immediately or at a short notice.
- You should have right to work in U.K
Disclaimer: Brackenberry Ltd is acting as an Employment Business in relation to this vacancy. We are committed to equality in the workplace and is an equal opportunity employer. Unless otherwise stated all of our roles are temporary though opening assignments can be and often are extended by clients on a longer term basis and can sometimes become permanent.
Important: We will interpret your application as being permission to submit your CV to this role (with the right to represent you) unless you advise us to the contrary. Incase the role requires an enhanced DBS your DBS must be either through us or be accompanied by a subscription to the DBS updating service.
#RQ1491705
Employment Type
Full Time
