Interim Head of Pensions and Treasury

4 weeks ago

London, Greater London, United Kingdom Morgan Law Full time
The Role

The Interim Head of Pensions and Treasury will be the lead officer for the in-house pensions team that manages the Local Government Pension Scheme and provides outstanding leadership and direction on all pension-related issues to the Council.

Key Responsibilities
  • Manage the team that has day-to-day accountability for the implementation of pension policy and oversight of external service providers.
  • Liaise with investment advisors and fund managers to ensure that investment strategies are designed to realise optimised returns for the fund.
  • Responsible for the preparation and maintenance of the Treasury Strategy, Policies and Procedures.
  • Ensure employers and members receive a high-quality administration service.
  • Advising the fund on governance matters.
  • Managing relationships with, and the provision of information to, fund employers.
  • Ensure the pension fund has sufficient liquid cash to meet its commitments and that cash balances are secure and efficiently managed.
  • Oversee the effective administration of LGPS membership arrangements, including meeting key performance targets, resourcing, and compliance.
  • Ensure that all activities comply with the council's constitution, Standing Orders, financial regulations, health and safety, and safeguarding responsibilities.
  • Interpret and implement legislative and regulatory requirements, including The Pension Regulator's Code of Practices.
  • Lead on the closure of the Pension Fund accounts, support the external audit opinion, and deliver appropriate financial returns.
The Person

The role will require someone who has worked within the Public Sector and has a track history with LGPS.

Previous experience of managing/administering a defined benefit pension fund (preferably within an LGPS environment) and a good knowledge of defined benefit pension schemes and other legislation that affects the LGPS.

Experience of working with various stakeholders involved in the management and administration of occupational pension schemes.

Knowledge of the major issues facing local government pension arrangements, understanding of the national policy context, requirements, and future direction.

Previous experience of managing or providing a treasury management function in either a local government or corporate environment.

Proven ability to drive through and deliver effective performance management within own organisation.

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