At a Glance
- Tasks: Join the IGC to represent members and assess workplace pension value.
- Company: Hargreaves Lansdown is a leading financial services provider focused on helping people save and invest.
- Benefits: Enjoy a paid role with flexible hours and valuable board experience.
- Why this job: Make a real impact in governance while developing your career in finance and ESG.
- Qualifications: Expertise in workplace pensions, FCA regulations, and strong communication skills required.
- Other info: Attend six meetings a year and contribute to important financial assessments.
The predicted salary is between 36000 - 60000 £ per year.
Our purpose is to make it easy for people to save and invest for a better future. We are looking for great people to help us on our journey.
This is a unique opportunity for an experienced financial services professional to join the Independent Governance Committee (IGC) at Hargreaves Lansdown (HL) as an IGC Member. The IGC has an important role in assessing the value for money of the workplace pension schemes HL provides to over 400 employers and over 100,000 members. The committee scrutinises costs, can raise concerns over operational matters and makes recommendations to the HL Asset Management Board. The IGC must act solely in the interests of members of the HL Workplace SIPP and pathways investors and act independently of HL.
As an IGC Member, you will have significant experience in the financial services industry with in-depth knowledge of the workplace pension market and/or expert knowledge of drawdown and investment policies, especially those relating to ESG considerations and stewardship. The role will also require the highest standards of integrity, empathy, collaboration and professionalism.
This is an excellent opportunity for someone with relevant in-depth knowledge and a keen interest in building valuable board experience and progressing their career within pensions, investments, ESG or governance.
What you'll be doing:
- Representing the interests of Workplace SIPP members and drawdown investment pathway investors at IGC meetings, and challenging senior management decisions which may impact the value for money they receive.
- Upholding a high standard of integrity at all times.
- Joining IGC members in considering whether to escalate any identified concerns to the HLAM Board and, if necessary, to the FCA.
- Assisting in producing the IGC annual report, which will include the value for money assessment of the Workplace SIPP and drawdown investment pathways, and how the IGC has complied with its duty to act in members' interests.
- Attending IGC meetings (approximately six per year) and completing preparation and follow up work relating to each meeting, such as reading and report writing.
About you:
- Expert knowledge of the workplace pensions and investment marketplace as a whole.
- Expert knowledge of FCA regulations, specifically those that relate to workplace pensions, drawdown and IGC responsibilities.
- Experience in the financial services industry - workplace pensions and/or drawdown or asset management, specifically related to ESG and stewardship.
- Experience as a member of a committee or a governance role.
- Excellent communication, listening and questioning skills.
- Excellent data analysis skills and a high level of attention to detail.
- Proven collaborative skills.
- Ability to make swift, well informed and rational decisions.
- A highly professional approach and the confidence to challenge senior managers.
- Strong empathy with Workplace SIPP members and drawdown pathways investors.
- Willingness to learn and develop knowledge and skills.
Interview process: The interview process will include two stages.
Working schedule: This is a paid independent committee role. The initial term of the contract will be three years. The role will require flexibility and time capacity to adequately fulfil all professional and regulatory responsibilities. IGC meetings are held approximately six times per year. Travel to our Bristol head office (BS1 5HL) to attend IGC meetings will be required at times.
We know that sometimes the 'perfect candidate' doesn't exist, and that people can be put off applying for a job if they don't tick every box. If you're excited about working for us, and have most of the skills or experience we're looking for, please go ahead and apply. You could be just what we need!
Hargreaves Lansdown is an inclusive employer that values diversity in its workforce. We encourage applications from all individuals without regard to race, religion, gender, sexual orientation, national origin, disability or age.
IGC Member employer: Hargreaves Lansdown
Contact Detail:
Hargreaves Lansdown Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IGC Member
✨Tip Number 1
Familiarise yourself with the latest FCA regulations related to workplace pensions and drawdown. This knowledge will not only help you in discussions but also demonstrate your commitment to understanding the regulatory landscape, which is crucial for an IGC Member.
✨Tip Number 2
Network with professionals in the financial services industry, especially those involved in governance or ESG. Building these connections can provide insights into the role and may even lead to recommendations that could strengthen your application.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've had to challenge decisions or advocate for members' interests. This will showcase your ability to uphold integrity and represent the interests of Workplace SIPP members effectively.
✨Tip Number 4
Stay updated on current trends and challenges in the workplace pension market, particularly around ESG considerations. Being well-informed will allow you to contribute meaningfully to discussions and demonstrate your expertise during the interview process.
We think you need these skills to ace IGC Member
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an IGC Member. Familiarise yourself with the key aspects of the role, such as representing members' interests and assessing value for money in workplace pension schemes.
Tailor Your CV: Highlight your relevant experience in the financial services industry, particularly in workplace pensions, drawdown, or asset management. Emphasise your knowledge of FCA regulations and any previous governance roles you've held.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your skills align with the requirements. Mention your commitment to integrity and collaboration, and provide examples of how you've successfully challenged decisions in past roles.
Showcase Your Skills: Make sure to highlight your communication, data analysis, and decision-making skills in both your CV and cover letter. Provide specific examples that demonstrate your ability to work collaboratively and your empathy towards members' needs.
How to prepare for a job interview at Hargreaves Lansdown
✨Showcase Your Expertise
Make sure to highlight your in-depth knowledge of the workplace pension market and investment policies during the interview. Be prepared to discuss specific examples from your experience that demonstrate your understanding of ESG considerations and stewardship.
✨Demonstrate Integrity and Empathy
As an IGC Member, you'll need to represent the interests of members. Use the interview to showcase your integrity and empathy by discussing how you've previously advocated for clients or stakeholders in challenging situations.
✨Prepare for Governance Discussions
Familiarise yourself with the responsibilities of governance roles and be ready to discuss your experience in committee settings. Think about how you can contribute to discussions on value for money assessments and operational concerns.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the IGC's impact on members. This shows your genuine interest in the position and helps you understand how you can best contribute to the committee's goals.