At a Glance
- Tasks: Lead governance frameworks and ensure compliance for pension schemes.
- Company: Join a leading savings and investments firm with a diverse and inclusive culture.
- Benefits: Enjoy 38 days annual leave, generous pension contributions, and health cover.
- Other info: We value diversity and welcome applications from all backgrounds.
- Why this job: Make a real impact in governance and risk management while supporting trustees.
- Qualifications: Experience in pensions governance and risk management; strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
The Pensions Manager - Governance & Risk will be responsible for maintaining and evolving the governance framework within which the schemes operate, ensuring everything is done to the right regulatory and legislative standards. You will be knowledgeable about best practice and curious about ways in which broader thinking on governance could be deployed to the benefit of the Schemes. As part of your role, you will be a trusted partner to Trustees, ensuring they have the training and support needed to deliver for our members.
Accountabilities
- Lead and develop the governance framework of the schemes, ensuring full compliance with applicable regulatory and legislative requirements.
- Ownership of key processes including production of the annual report and accounts for the schemes, annual audit and mandatory reporting.
- Management of secretarial services to the Trustee Boards to include preparation of agendas, meeting papers and minutes.
- Support trustee effectiveness through training, policy updates and governance planning activities.
- Day to day management of the schemes' risk management framework, including oversight of risk incidents and resolution, performing relevant controls and processes to mitigate risks, and preparing reports for Trustee committees and boards.
- Act as a key point of contact for governance and risk matters with advisers, administrators and other service providers.
Knowledge
- In depth knowledge of UK occupational pension schemes and the regulatory/legislative environment in which they operate.
- Expertise in UK governance requirements and frameworks.
- Knowledge of risk management standards and internal control systems.
- Qualification or part‑qualification towards a recognised UK pensions qualification would be an advantage.
- Good knowledge of Microsoft Office.
- Working knowledge of UK data legislation and compliant practices.
Experience
- Management level experience in pensions governance and risk management.
- Experienced in Trustee secretariat duties.
- Exposure to Trustee Board meetings and able to present credibly to Board level stakeholders.
- Experienced in risk management.
Personal attributes / skills
- Strong analytical skills with the ability to identify themes, risks and emerging issues.
- Ability to interpret regulatory requirements and translate them into practical governance solutions.
- Clear written and verbal communication skills, with the ability to present complex information succinctly.
- Excellent interpersonal and relationship management skills.
- Strong influencing and negotiation skills.
- Collaborative working style with the confidence to provide appropriate challenge.
- Identifies and anticipates need for change.
- Attention to detail and professional judgement.
What we offer
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
- Comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee‑led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long‑term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long‑term health conditions, disabilities, or neuro‑divergent conditions. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us.
Pensions Manager - Governance & Risk in England employer: M&G plc
M&G is an exceptional employer, offering a supportive and inclusive work culture that prioritises employee well-being and professional growth. With a generous pension scheme, extensive annual leave, and comprehensive family support policies, we empower our employees to thrive both personally and professionally. Our commitment to diversity and inclusion ensures that every team member feels valued and has the opportunity to contribute meaningfully to our mission.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Manager - Governance & Risk in England
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like M&G plc looking for candidates who are engaged and informed.
We think you need these skills to ace Pensions Manager - Governance & Risk in England
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at M&G plc. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at M&G plc
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with M&G plc’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
