At a Glance
- Tasks: Lead governance and compliance for pensions, ensuring legal standards are met.
- Company: Dynamic firm focused on high-quality pension trustee services.
- Benefits: Competitive salary, professional development, and flexible working arrangements.
- Why this job: Make a real impact in governance while working with industry experts.
- Qualifications: Strong UK pensions knowledge and experience in compliance or governance.
- Other info: Join a collaborative team with opportunities for career advancement.
The predicted salary is between 42000 - 60000 £ per year.
London-based. Reporting to the CEO, you will take the lead on governance and compliance across the business, helping ensure it meets legal standards and industry-specific regulations, and that the same high bar is reflected in client work.
You will:
- Develop, implement and maintain compliance policies, procedures and service delivery templates that support high-quality pension trustee and governance services.
- Provide practical training and guidance to the wider team on compliance and governance matters.
- Act as the principal contact for scheme-related governance or compliance issues, escalating to the Board or Executive Management Team where needed.
- Keep on top of regulatory change and best practice so that the firm’s governance and compliance framework stays ahead of the curve.
- Monitor controls and carry out regular checks, including control objectives under the AAF 02/07 Audit and Assurance Framework and scheme statutory deadlines, using the Knowa governance platform.
- Maintain internal logs for Internal Dispute Resolution Procedures, errors, omissions and other critical issues.
- Oversee professional qualifications and CPD records for the team, working with the leadership group to maintain the highest professional standards.
Governance and Compliance Committee
- Serve as a member of the internal Governance and Compliance Committee, and take responsibility for its compliance and effectiveness.
- Lead the committee structure, annual Terms of Reference review and practical changes in how governance is delivered.
- Liaise with the firm’s professional trustees at Board level.
GDPR and cyber security
- Act as a core member of the GDPR team, working closely with the Board director responsible for GDPR.
- Maintain the GDPR breach log and oversee ICO registrations for both the business and pension schemes where required.
- Report breaches to the ICO where necessary.
- Own the annual AAF 02/07 audit process as main contact for external auditors.
- Set and manage AAF control objectives, ensure processes are adhered to and measures are met.
- Liaise with clients in respect of audits, respond to queries and manage evidence gathering.
For this role, you will need to have strong UK pensions knowledge and practical experience of compliance or governance work, ideally in pensions setting. The role is full time, with roughly two days a week in London.
Governance & Compliance Manager (Pensions) employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Governance & Compliance Manager (Pensions)
✨Tip Number 1
Network like a pro! Reach out to professionals in the pensions and compliance sectors on LinkedIn. Join relevant groups and engage in discussions to get your name out there and show your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on the latest regulatory changes and best practices in governance. We recommend creating a cheat sheet of key points to discuss, so you can impress the interviewers with your knowledge.
✨Tip Number 3
Don’t just wait for job postings! Reach out directly to companies you admire, like us at StudySmarter. Express your interest in governance and compliance roles, and who knows? They might have something perfect for you!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Governance & Compliance Manager (Pensions)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Governance & Compliance Manager role. Highlight your UK pensions knowledge and any relevant compliance or governance work you've done, as this will show us you're a great fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about governance and compliance in the pensions sector. Share specific examples of how you've tackled similar challenges in the past, and let us know how you can contribute to our team.
Showcase Your Knowledge: We want to see that you’re up-to-date with regulatory changes and best practices in governance and compliance. Mention any recent developments you've followed or training you've undertaken, as this demonstrates your commitment to staying ahead of the curve.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for.
How to prepare for a job interview at BWD Search & Selection
✨Know Your Pensions Inside Out
Make sure you brush up on your UK pensions knowledge before the interview. Understand the latest regulations and compliance standards in the pensions sector, as this will show that you're not just familiar with the basics but also aware of current trends and changes.
✨Showcase Your Governance Experience
Prepare specific examples from your past roles where you've developed or implemented compliance policies. Be ready to discuss how you’ve trained teams on governance matters and any challenges you faced while ensuring compliance. This will demonstrate your hands-on experience and problem-solving skills.
✨Familiarise Yourself with the AAF 02/07 Framework
Since this role involves monitoring controls under the AAF 02/07 Audit and Assurance Framework, it’s crucial to understand its objectives. Be prepared to discuss how you would approach regular checks and audits, and any relevant experiences you have had with similar frameworks.
✨Engage with GDPR and Cyber Security Topics
As a core member of the GDPR team, you’ll need to be well-versed in data protection laws. Brush up on GDPR requirements and be ready to discuss how you’ve managed breaches or compliance issues in the past. This will highlight your proactive approach to governance and compliance.