At a Glance
- Tasks: Manage a portfolio of pension trustee advisory clients and provide expert advice on employer covenant assessments.
- Company: Isio, a fast-growing firm in pensions employer covenant advisory.
- Benefits: Hybrid working, competitive salary, and opportunities for professional development.
- Other info: Work in a supportive environment with excellent career growth potential.
- Why this job: Join a dynamic team tackling complex transactions and making a real impact in the pensions sector.
- Qualifications: Qualified accountant with employer covenant or transaction advisory experience.
The predicted salary is between 60000 - 80000 € per year.
Pensions employer covenant advisory is a challenging and fast growing area. Isio’s Covenant Solutions team assess the financial strength and commercial outlook of sponsors of defined benefit pensions schemes, to understand the cash flows and assets available to support funding of pension liabilities. This includes advising on covenant mitigation solutions where there are corporate events such as M&A, refinancing or restructuring.
Isio is looking for a qualified accountant with employer covenant advisory experience and/or a transaction/restructuring advisory background, to join our team in advising clients and supporting our growth plans.
What does the role entail?
This role provides the opportunity to build a portfolio of corporate and trustee advisory clients as well as advise in M&A/transaction, run-on and superfund transaction situations. The role will involve working on some of the most complex transactions and challenging pensions issues businesses and trustees face, and work alongside a range of Isio specialists in actuarial and investment services to provide integrated solutions to support pensions strategy.
The candidate will have employer covenant expertise and/or transactions/restructuring advisory experience. This will include experience of preparing insolvency estimated outcome statements for the purposes of assessing potential returns to creditors/pension schemes.
Day to day your role will include:
- Building and managing a portfolio of pension trustee advisory clients, providing advice on their employer covenant assessments and integrated risk management framework;
- Performing and reviewing financial and commercial analysis for employer covenant assessments, including coaching and development of junior team members;
- Assessing the impact of a corporate activity such as a transaction, restructuring or refinancing on the employer covenant provided to pension schemes;
- Advising on solutions to mitigate changes in the employer covenant security provided to pension schemes;
- Advising corporate sponsors of pension schemes in negotiations with trustees over employer covenant and mitigation / financial support options;
- Supporting external marketing initiatives to support Isio’s growth ambitions.
What we’re looking for:
- Qualified ACA/CA/ACCA accountant with clear evidence of relevant post qualified experience;
- Proven Employer covenant and/or transaction/restructuring advisory experience;
- Commercial awareness and a general interest in how businesses work;
- Experience of insolvency analysis/recoveries e.g. preparing Entity Priority Models and Estimated Outcome Statements in order to advise clients of the implication;
- Excellent report writing, financial analysis, client and project management skills;
- Ability to research and report on clients, industries, the wider market/economy and ESG risks; develop marketing collateral and initiatives; and build, manage and leverage client relationships in order to originate work and support sales;
- Experience using AI and data analysis tools to improve efficiency in research and reporting;
- An enthusiasm for and genuine commitment to business development and supporting market initiatives.
Where is the role?
Our ideal applicant would work alongside our existing team in either Manchester, Edinburgh or London. However, we can offer suitable applicants the opportunity to work from our other Isio offices. We work on a hybrid basis, offering the opportunity for colleagues to split their working time between working in the office and at home.
Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates. If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please ask us.
Manager - Employer Covenant Advisor in London employer: Isio
Isio is an exceptional employer that fosters a collaborative and innovative work culture, particularly in the dynamic field of pensions employer covenant advisory. With a strong emphasis on employee growth, we provide ample opportunities for professional development and the chance to work on complex transactions alongside industry specialists. Our hybrid working model allows for flexibility, ensuring a healthy work-life balance while contributing to meaningful client engagements in vibrant locations like Manchester, Edinburgh, and London.
StudySmarter Expert Advice🤫
We think this is how you could land Manager - Employer Covenant Advisor in London
✨Network Like a Pro
Get out there and connect with people in the pensions and advisory space. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals for a chat. You never know who might have the inside scoop on job openings!
✨Show Off Your Expertise
When you get the chance to meet potential employers or clients, make sure to highlight your employer covenant and transaction advisory experience. Share specific examples of how you've tackled complex issues in the past. This will help you stand out as a knowledgeable candidate.
✨Leverage Social Media
Use platforms like LinkedIn to showcase your skills and experiences. Post articles or insights related to employer covenants and pensions to demonstrate your expertise. Engaging with content in your field can attract the attention of recruiters and hiring managers.
✨Apply Directly Through Our Website
Don’t forget to check out our careers page at Isio! Applying directly through our website not only shows your interest but also gives you a better chance of being noticed by our hiring team. Plus, it’s super easy to navigate!
We think you need these skills to ace Manager - Employer Covenant Advisor in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Manager - Employer Covenant Advisor. Highlight your relevant experience in employer covenant advisory and any transaction or restructuring work you've done. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your enthusiasm for business development and supporting our growth ambitions at Isio.
Showcase Your Analytical Skills:Since this role involves financial analysis and commercial assessments, be sure to showcase your analytical skills in your application. Mention any specific tools or methodologies you’ve used, especially if they relate to insolvency analysis or employer covenant assessments.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Isio
✨Know Your Numbers
As a Manager - Employer Covenant Advisor, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how they relate to employer covenant assessments. Prepare examples of past analyses you've conducted, especially those involving insolvency outcomes.
✨Showcase Your Advisory Skills
This role involves advising clients on complex transactions and restructuring. Be prepared to share specific instances where you've successfully navigated similar situations. Highlight your experience in managing client relationships and how you’ve provided integrated solutions in the past.
✨Understand the Market Landscape
Familiarise yourself with current trends in pensions and corporate finance. Research Isio’s recent projects and think about how your skills can contribute to their growth ambitions. Being able to discuss market dynamics will show your commercial awareness and genuine interest in the field.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think through potential challenges related to employer covenants during M&A or restructuring events. Practising your responses will help you articulate your thought process clearly during the interview.
