Pension Compliance Officer

Pension Compliance Officer

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Tata Consultancy Services

At a Glance

  • Tasks: Support compliance in the pension industry and ensure operational frameworks are followed.
  • Company: Join TCS, a purpose-led transformation company making a real impact.
  • Benefits: Enjoy competitive salary, health care, and extensive training resources.
  • Other info: Diverse and inclusive workplace with excellent career growth opportunities.
  • Why this job: Make a difference in the pension sector while growing your career.
  • Qualifications: Experience in pensions compliance and strong communication skills required.

The predicted salary is between 40000 - 50000 £ per year.

Location: London, UK

Contract: Permanent

Mode of Working: Hybrid

Are you looking to leverage your skills in the Pension Industry? We have a great opportunity for you – Pension Compliance Officer!

The Role: The Pensions team comprises of 3 pillars – IT, Operations and Risk Management & Compliance. The team operates the Pension administration for a UK Occupational Pension Master Trust. The Compliance Manager to whom this role reports will support the development and maintenance of the compliance framework within the overall GRC team and will be responsible for compliance BAU activities with regard to the Pension Administration. The Head of Risk and Compliance provides oversight over all risk-taking activities of Pension Administration services.

Key Responsibilities:

  • Work together with the Compliance Manager within the wider Governance, Risk and Compliance (GRC) function for the UK Pensions space, to ensure the development of the operational compliance framework & consistent implementation.
  • Support Compliance Manager in the analysis of issues and operational events and support management in preparation of required compliance management documents for management reporting.
  • Support on compliance monitoring programme, Incident Management and breach investigations.
  • Participate in Annual Compliance Plan activities, documenting findings and drafting reports, and tracking any actions to completion.
  • Help support reviews of relevant documentation including member communications, operational procedures, policies and processes.
  • Support Operational teams with compliance and technical pension queries.
  • Help maintain a culture of compliance within the Pensions team, highlight or elevate areas of concern, non-compliance issues or irregularities.
  • Collaborate and co-operate with Risk Management and Audit team members within GRC.
  • Support Compliance Manager to perform any other related tasks as required.

Skills & Experience:

  • Pension industry experience, preferably in a technical/compliance role.
  • Relevant knowledge of Pensions Legislation, TPR requirements and Codes of Practice.
  • Knowledge and understanding of Auto Enrolment regulations and DC Master Trusts.
  • Excellent interpersonal, communication and influencing skills.
  • Ability and courage to constructively challenge strategic and transactional business propositions, but also the business mindset to be solutions oriented.

Rewards & Benefits:

TCS is consistently voted a Top Employer in the UK and globally. Our competitive salary packages feature pension, health care, life assurance, laptop, phone, access to extensive training resources and discounts within the larger Tata network. We offer health & wellness initiatives and sports events; we are the proud sponsor of the London Marathon.

Diversity, Inclusion and Wellbeing:

Tata Consultancy Services UK&I is committed to meeting the accessibility needs of all individuals in accordance with the UK Equality Act 2010 and the UK Human Rights Act 1998. We welcome and embrace diversity in race, nationality, ethnicity, disability, neurodiversity, gender identity, age, physical ability, gender reassignment, sexual orientation. We are a disability inclusive employer and encourage disabled people to apply for this role. As a Disability Confident Employer, we offer an interview to applicants with disabilities or long-term conditions who meet the minimum criteria for the role.

Next Steps:

Online application: You can apply directly through LinkedIn/ by uploading your CV. In case you wish to submit your application via another format like audio/video, please contact - UKI.recruitment@tcs.com

Beware of Fraudulent offers: This is to notify you that TCS does not ask for any sort of payment or security deposit from candidates at any stage of the recruitment process. The firm never sends out job offers from free internet email services like Gmail, Yahoo Mail, and so on. TCS has not authorised any third-party company to collect money on their behalf. As a vigilant job seeker, beware of fraudulent recruitment activity and protect your interests!

Tata Consultancy Services

Contact Details:

Tata Consultancy Services Recruitment Team

We think you need these skills to ace Pension Compliance Officer

Pension Industry Experience
Compliance Knowledge
Pensions Legislation Understanding
TPR Requirements Knowledge
Codes of Practice Familiarity
Auto Enrolment Regulations Knowledge
DC Master Trusts Understanding