At a Glance
- Tasks: Lead investment risk oversight and ensure robust governance for a £37bn pension fund.
- Company: Not-for-profit organisation focused on fairness and simplicity in financial services.
- Benefits: Generous pension contributions, healthcare, learning opportunities, and flexible hybrid working.
- Other info: Join a diverse team committed to equality and employee well-being.
- Why this job: Shape investment risk strategy and make a real impact in a collaborative environment.
- Qualifications: Extensive experience in investment risk management and strong leadership skills.
The predicted salary is between 70000 - 90000 £ per year.
At the heart of our not-for-profit organisation is a commitment and a motivation to make the future‑saving experience a simple one for our members.
We champion fairness and simplicity, not profit‑chasing.
Imagine a financial adventure where everyone's a winner, fuelled by our exceptional service and brought to life by the fantastic individuals who work for us.
We're a diverse employer with a flexible, hybrid working approach, ensuring everyone gets the opportunity to come to work and be the best version of themselves.
What you'll be doing
The Head of Investment Risk Oversight will provide second‑line risk oversight and challenge for an FCA‑regulated subsidiary, People’s Investment Limited.
People’s Investment Limited advises the Trustee Board of The People’s Pension, a £37bn UK DC Master Trust, and oversees outsourced providers such as custodians and asset managers.
The Head of Investment Risk Oversight is responsible for second‑line oversight of investment management operations, investment advisory activities, and broader financial risk across all pension fund portfolios and investment vehicles.
This role ensures robust governance, independent challenge, and strategic alignment of investment risk practices with regulatory expectations and fiduciary responsibilities.
This role will also play a critical part in shaping investment risk strategy, contributing to risk appetite setting, and ensuring an effective control environment within investment processes.
The Head of Investment Risk Oversight will be an integral member of the risk leadership team, reporting to the Enterprise Risk Director with a dotted line to the Chief Risk Officer.
The role will work closely with the first‑line, 20‑strong investment team, which currently provides input across a range of advisory activities covering all funds and asset classes.
- Establish and maintain a robust investment risk framework aligned to regulatory expectations and organisational strategy.
- Provide independent second‑line oversight and challenge of investment strategies, proposals, and risk analytics.
- Monitor and assess portfolio risks across asset classes, including market, credit, liquidity, and ESG considerations.
- Lead governance, policy development, and regulatory engagement to ensure effective investment risk management.
- Partner with investment teams and senior stakeholders to drive risk awareness, reporting, and continuous improvement.
What we’re looking for
- Extensive experience in investment risk management within pensions, asset management, or insurance.
- Strong understanding of institutional investment strategies and risk analytics.
- Proven leadership experience in a second‑line risk oversight role.
- Familiarity with risk systems and data platforms (e. g. Bloomberg, MSCI Risk Metrics, Aladdin, or similar).
- Professional qualifications such as CFA, FRM, or equivalent.
- Excellent stakeholder engagement and communication skills.
What you can expect from us
- Generous pension contributions with an employer contribution of up to 14%
- Real living wage
- Income protection, critical illness cover & death in service insurance
- Employee healthcare
- Parental and adoption leave
- Learning & development opportunities and study support
- Travel season ticket loans
- Volunteering days and charity payroll giving
- Onsite gym
- Social clubs and events
You can learn more about how we support our employees on our website.
Disability Statement
People's Partnership is an equal opportunities employer.
We believe everyone has the right to be treated fairly, with dignity and respect.
We are committed to treating all our people (and all who apply for a role at People's Partnership) equally and enabling them to perform at their best and demonstrate what they have to offer.
This role may support hybrid working.
To make use of this arrangement, employees must have an appropriate home working environment, including a private workspace and reliable, secure high speed internet that enables them to perform their duties effectively.
We are a disability committed employer, please let us know if you need any reasonable adjustments made to our recruitment process (application, selection assessments where relevant, and interview) to enable you to show us the best “you”.
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Head of Investment Risk Oversight in London employer: People's Partnership
At People's Partnership, we pride ourselves on being a not-for-profit organisation dedicated to creating a fair and simple experience for our members. Our flexible, hybrid working culture fosters diversity and personal growth, while our generous benefits, including substantial pension contributions and extensive learning opportunities, ensure that our employees can thrive both personally and professionally. Join us in making a meaningful impact where everyone's a winner, supported by a team that values collaboration and innovation.
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We think this is how you could land Head of Investment Risk Oversight in London
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