Pension Risk Manager

We have an exciting opportunity for a Pension Risk Manager to join the team! Suitable candidates for the role must be qualified actuaries and have UK pensions expertise. We are committed to a fair and inclusive hiring process. Should you require any reasonable adjustments in the interview process do let us know, so we can aim to accommodate.

Business

• To lead the preparation of reports for regulatory purposes in relation to pensions and pension risk.
• Help define and lead on the Operational Risk requirements stemming from the Pensions process universe and Pension Risk activities.
• To support effective Group Pensions governance and oversight of all types of pension plans across the Group.
• Collating and valuing directors’ non-cash benefits, liaising with Reward Analytics as needed.
• To support change in relation to pension plans, including transition of legacy defined benefit to defined contribution plans, and in the context of corporate transactions.
• Support for the UK Trustee Board on Administration & Risk matters.

People & Talent

• To manage colleagues in the UK/Jersey and South Asia responsible for managing pensions in those regions.
• To work with colleagues across our geographies in a professional manner.
• Awareness of the risks arising from Pensions, how these are dealt with in line with the Group’s approach, and consideration of how improvement to the risk profile can be made.

Stakeholders

• Internal: Head, Pensions & Reward Analytics; PRB Advisory, Specialist and Local Service Delivery; local management with pensions or benefits responsibilities, Pensions teams within Global People Services.
• External: Investment Managers, administrators, international benefit managers in similar multinational companies; regulators; authorities; insurance companies, underwriters, consultants and captives.

Skills & Experience

• Must be a qualified Actuary.
• UK Pensions expertise.
• Min 5+ years in a similar role within financial services or in house.

About Standard Chartered

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion. Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do.
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well.
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations. Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum. Flexible working options based around home and office locations, with flexible working patterns. Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits. A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning. Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.