Senior Economist
1 month ago
Financial stability: Lead on horizon scanning for risks inherent within pension schemes that could have a system wide financial impact and necessitate government intervention. Your role will be to co-ordinate work within TPR on identifying these risks, collaborating with other regulators, and leading a programme of work to mitigate them. Lead on contingency planning for the crystallisation of highlighted risks to ensure TPR is ready to respond to a market dysfunction - including liaising with the Bank of England to assist with the development of a new lending tool that could be made available to eligible pensions schemes. Be part of the team that monitors LDI resilience and market volatility in general and assesses how pensions schemes interact with other financial institutions when put under stress. Coordinate (with other regulators as appropriate) outreach with key asset managers and investment advisory firms to gather information on market risk and trends. Economic advice: Lead on assessing the evolution of the pensions' market as it consolidates to ensure value for money is achieved for savers. This will involve advising on: competitive market structure; the impact of market innovations; the impact of market capability and capacity constraints on the speed of efficient change; the balance of incentives between corporate risk, productive finance and saver protection.providing an economic framework to better assess the optimal balance over time of Defined Contribution, Collective Defined Contribution and Defined Benefit, and where we can nudge the market to change.Lead on assessing the financial stability and economic impact of any new policy initiatives and interventions.Develop economic framework to assess policy options.Stay ahead of market developments and academic research, and share your economic knowledge more widely within TPR, providing training as appropriate.Undertake thought leadership and commission research within TPR or in partnership with regulatory partners.
Essential criteria: An undergraduate or postgraduate degree in economics, and strong experience in a relevant role. Understanding of the strategic context and macroeconomic landscape facing pension schemes and a desire to develop that understanding further. Significant practical experience of applying financial and economics concepts to policy issues. Excellent analytical skills including experience of identifying, analysing and accurately interpreting a range of data and insights to inform evidence-based decisions and solutions on complex problems. Experience of building constructive working relationships, working in multidisciplinary teams, engaging with internal and external partners and delivering through others. Excellent written and oral communication skills, including the ability to understand and concisely explain sophisticated issues in non-technical language and produce high quality analysis to tight timescales. Track record of confidently challenging prevalent thinking and robustly defending position. Desirable criteria: Knowledge of workplace pension fund investment. Experience in applying macroeconomic and financial stability horizon scanning. Deep knowledge of any of bond markets, Liability Driven Investment, derivatives, range of asset classes, financial ecosystem, buy-out insurer investment strategies. Ability to identify and channel thought leadership and innovation into strategy and policy making and sell a policy vision at senior levels. Undertaking or commissioning innovative research
-
Senior Economist
1 month ago
Brighton, Brighton and Hove, United Kingdom The Pensions Regulator Full timeThis is an exciting new role to TPR and will have a broad remit to support us in evolving our market oversight. You will be a crucial member of multi-disciplinary teams focusing on three main areas: Financial stability - ensure TPR will be able to prevent the build-up of financial stability risks generated by trust-based pension schemes and mitigate them....
-
Assistant Portfolio Manager
1 week ago
Brighton, East Sussex, United Kingdom Legal & General Group Full timeThe world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional...
-
Fund Manager Assistant
1 day ago
Brighton, East Sussex, United Kingdom Legal & General Group Full timeFund Manager Assistant - Private market fund-of-funds __vacancyopjusttionswidget.opt-Location__ London __vacancyopjusttionswidget.opt-Full Time/Part Time__ Full-time __vacancyopjusttionswidget.opt-Job Family__ Investments LGIM __jobinformationwidget.freetext.ExternalReference__ The world of investment is changing. Our vision at Legal & General Investment...