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- Tasks: Lead financial control and treasury management for the Tyne and Wear Pension Fund.
- Company: Join South Tyneside Council, managing a £13.7 billion pension fund with over 190,000 members.
- Benefits: Enjoy flexible working, cutting-edge technology, and a supportive team environment.
- Why this job: Be part of a high-achieving fund, shaping investment strategies and making a real impact.
- Qualifications: Experience in finance or pensions is essential; investment knowledge is a plus but not required.
- Other info: Informal discussions welcome; check out our website for more insights.
The predicted salary is between 50000 - 70000 £ per year.
This is a key post within the Tyne and Wear Pension Fund. As part of the Senior Management Team, you will be responsible for developing, implementing and monitoring the financial control environment for the Fund as well as getting involved with the Fund’s investments and leading on the Treasury Management activities of the Fund and the Council.
The role has responsibility for a small team, so you must have strong management and leadership skills, with the ability to communicate effectively and diplomatically right across the board and lead by example. Demonstrating passion and enthusiasm, you will have experience in a finance or pensions environment, with a good understanding of accounting requirements and financial controls. Ideally, you will also be familiar with working in an investment environment and have some experience of dealing with elected members (investment experience is not essential as training will be provided).
We encourage productive, flexible working and we will provide you with the technology you need to work from a variety of locations. You will be welcomed by a progressive and talented team.
South Tyneside Council is the administering authority for the Tyne and Wear Pension Fund. The Tyne and Wear Pension Fund is a high achieving Fund. It is the fourth largest Local Government Pension Fund in England and Wales, which is currently valued at £13.7 billion. It has over 190,000 members and around 300 active employers, including the five Councils within the Tyne and Wear area and also Northumberland County Council.
We are constantly striving to improve and innovate. We have recently completed the successful Administration Shared Service with the Teesside Pension Fund. This is an important strategic partnership for the Tyne and Wear Pension Fund which will see many pensions administration services delivered on behalf of the Teesside Pension Fund.
The Pension Fund is in a very healthy position with a funding level in excess of 100%. This has led to the Fund initiating a programme of de-risking through changes to our investment and funding strategies. The Fund is one of eleven owners of the Border to Coast Pensions Partnership, our investment pooling partner. You will play an active role helping to shape the overall direction of the Partnership, ensuring appropriate financial controls are in place and investment products are being developed. Building on this successful partnership and strong working relationship, realising the synergies and the opportunities of joint working will be key to the future development of the Fund.
We are a strong performing Fund providing the platform to have a fulfilling, challenging and successful career. This is an exciting time to be joining the Tyne and Wear Pension Fund. We have successfully grown in recent years and are looking for someone with strategic vision to help us in the next stage of our journey.
You might find the following of interest in considering this role:
- Pension Fund Website - http://www.twpf.info/
- Pension Fund Report and Accounts - http://www.twpf.info/article/11976/Full-Annual-Reports-and-Accounts
- Investment Policy Documents - https://www.twpf.info/article/10092/Overview
- Service Plan - Plans and policies - https://www.twpf.info/article/10178/Plans-and-policies
- Border to Coast Pensions Partnership Website - https://www.bordertocoast.org.uk/
For an informal discussion about this post, please contact Neil Sellstrom, Principal Investment Manager at neil.sellstrom@southtyneside.gov.uk.
We offer an excellent benefits package and further information is available here - www.southtyneside.gov.uk/workinghere.
We do not currently offer skilled worker visa sponsorship.
Privacy notice for job applicants: Please note that if you apply for this role, all communication regarding your application will be sent to the email address that you have registered with North East Jobs, please ensure you check your junk mail.
Closing date: Midnight, Sunday 6 July 2025.
Finance Manager – Treasury and Pensions employer: North East Ambition
Contact Detail:
North East Ambition Recruiting Team
neil.sellstrom@southtyneside.gov.uk
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager – Treasury and Pensions
✨Tip Number 1
Familiarise yourself with the Tyne and Wear Pension Fund's recent reports and accounts. Understanding their financial position and strategic goals will help you demonstrate your knowledge during discussions.
✨Tip Number 2
Network with professionals in the pensions and finance sector, especially those who have experience with local government funds. This can provide you with insights and potentially valuable connections that could support your application.
✨Tip Number 3
Prepare to discuss your leadership style and how you manage teams effectively. Given the role's emphasis on management skills, having specific examples ready will showcase your capability to lead within the Fund.
✨Tip Number 4
Research the Border to Coast Pensions Partnership and its impact on investment strategies. Being knowledgeable about this partnership will show your proactive approach and readiness to contribute to the Fund's future direction.
We think you need these skills to ace Finance Manager – Treasury and Pensions
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Finance Manager position. Highlight your relevant experience in finance or pensions, especially in financial control and treasury management.
Tailor Your CV: Customise your CV to reflect the skills and experiences that align with the job. Emphasise your management and leadership abilities, as well as any experience you have in investment environments or working with elected members.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the Tyne and Wear Pension Fund. Discuss how your strategic vision can contribute to the Fund's future development and mention any specific achievements that demonstrate your capabilities.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. Ensure that your application is clear, concise, and professional, reflecting your attention to detail.
How to prepare for a job interview at North East Ambition
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Finance Manager role, especially regarding treasury management and pensions. Familiarise yourself with the Tyne and Wear Pension Fund's objectives and how your skills can contribute to their success.
✨Showcase Leadership Skills
As this position involves managing a small team, be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past. Highlight your ability to communicate effectively and diplomatically across various levels.
✨Demonstrate Financial Acumen
Be ready to discuss your experience in finance or pensions, particularly your understanding of accounting requirements and financial controls. If you have experience in an investment environment, share relevant examples that showcase your expertise.
✨Research the Organisation
Take the time to research South Tyneside Council and the Tyne and Wear Pension Fund. Understanding their recent initiatives, such as the Administration Shared Service with the Teesside Pension Fund, will show your genuine interest in the role and the organisation.