More than half the UK working population rely on The Pensions Regulator (TPR) to regulate their retirement savings. With a career at TPR, you’ll be joining an organisation that will impact on millions of lives for decades to come.
Everyone at TPR plays an important role in helping to keep more than £2trn of savings safe. We’re committed to bringing people into TPR who are ready to make a difference and put UK savers at the heart of what we do.
It is important to us that TPR remains a great place to work. We do all we can to help our people reach their full potential with learning, secondment, and development opportunities. We put our 900+ employees first, supporting flexible working and offer a diverse, lively, and inclusive environment. This includes our Disability Network, Family Network, LGBT+ Network (Proud) and Women’s Network, which offer spaces to connect.
Our new corporate strategy outlines a bold and challenging vision of how pensions regulation should evolve to keep pace with a change in the scale and nature of the industry. We are at the start of that journey. Join us to find out what part you can play.
We operate a hybrid working model, subject to government guidelines, where regular attendance in our Brighton office is required. Attendance in the office is team and role dependent.
We are recruiting a number of Senior Pension Regulation Case Managers (lead specialist grade) to join our Events Supervision department. Our focus is to develop and apply supervision strategies that ensure we play a key role in preventing harm to UK pension savers.
Events Supervision plays a key role in developing strategies to effectively respond to emerging risks and opportunities in the pensions market. We work constructively with schemes to resolve problems/issues swiftly, putting the saver at the heart of everything we do.
We are looking for people who excel in the ability to quickly identify and constructively respond to emerging risks or issues utilising their knowledge, corporate awareness, strong leadership skills, sound judgement and analytical ability, to enable us to effectively engage with schemes to clearly set out our expectations, mitigate risks and take regulatory action when necessary.
It is an exciting time to work in pension regulation. The pensions landscape is moving quickly. Pension freedoms, authorised master trusts, and the Pension Schemes Act 2021, which introduces pensions dashboards, collective defined contribution schemes, and greater powers for TPR to secure saver outcomes, are all driving significant change for us, the market, and for savers. The roles available cut across the full pensions landscape.
There are roles within events supervision across our core activities including rapid response, event driven supervision, regulatory initiatives, applications and authorisation.
You can find out more about Supervision on our website
As a Senior Pension Regulation Case Manager you will be a role model and advocate for Events Supervision having a strong understanding of pensions regulation, the corporate strategy and the relevant social and economic horizon.
You will be doing some of our most challenging and rewarding work. No two days will be the same and you will need to be positive and flexible. You must be open minded, respectful of others and a credible leader who owns and leads interactions with schemes, sponsors or projects.
To be successful at this role you will need to understand risks and be able to build and manage relationships at all levels. Sometimes these relationships will require difficult conversations and you will need to have the confidence and knowledge to be able to get the message across and to negotiate appropriate outcomes. You will also be gathering and sharing complex information, analysing it and keeping records of your assessments, strategies, action plans and outcomes.
Your role will include:
• Managing a portfolio of cases and engagements (gaining insight and using this to establish and deliver strategies)
• Achieving improved regulatory outcomes using appropriate approaches. This may include engaging with trustees and other stakeholders to address issues of crystallising scheme or employer risk, developing strategies to clearly set expectations with specific groups in the market and monitoring and assessing emerging risks to identify appropriate mitigation options.
• Ensuring the timely, efficient and effective regulation of occupational pensions by having a deep understanding of pensions and/ or regulation and developing strategies and applying relevant knowledge, legislation, regulation and judgment in all the circumstances to reach decisions and communicate outcomes
• Influencing and negotiating with trustees and other stakeholders at a senior level (typically employer board) to ensure they take appropriate actions to address identified risks including on high profile and complex cases
• Building strong relationship with key stakeholders (internally and externally) and representing TPR in forums, events and meetings.
• Leading on new ways of working, putting policy into practice, continuous improvement, projects, updating and designing guidance and training materials. This can include a range of opportunities such as leading on the design and delivery of regulatory initiatives, quality assurance systems and thematic reviews.
• Escalating material issues as appropriate, including proposing appropriate, outcome-focused solutions
• Leading and/or providing peer support on interactions or relationships where more than one specialist is required
• Leading on training initiatives for colleagues both within the department and across wider TPR as appropriate.
• Ensuring the smooth transition of work between teams within TPR (e.g. Supervision to Enforcement), often in complex circumstances
Essential and Desirable Criteria
You must act and be seen to act in a way that aligns with and demonstrates TPR values and behaviours, putting savers at the heart of what we do and being able to articulate and demonstrate an understanding of the importance of diversity in the workplace, and inclusivity in practice.
• Proven track record of managing a portfolio of complex casework (or equivalent) and doing this both working independently and as part of a team.
• Experience of working in a financial/banking/regulatory/legal/pensions environment.
• Experience of pensions regulation and the pensions industry gained externally or within TPR to such a level as to be able quickly assess information and risk, be a subject matter expert for others, confidently and assuredly deal with trustees and other stakeholders at a senior level.
• Defined Benefit scheme technical knowledge, including funding, clearance, and TPR anti-avoidance powers.
• Strong financial and commercial awareness, with experience of commercial and pensions landscape, including corporate transactions and distress.
• Knowledge of the social, economic and political environment and TPR’s corporate strategy
• Experience of robust evidence-based decision making in complex areas; ability to analyse complex information and data within context and translate that into a clear and actionable strategy.
• Strong verbal and written communication skills: Interactions with schemes and employers will require exact explanation of TPR’s position and expectations for their schemes. Must be able to communicate and report findings to senior stakeholders clearly and give a clear and robust recommendations for further action.
• Demonstrable experience of negotiating with/influencing others. Must be able to strongly challenge/interrogate information provided and determine an action plan. Negotiate implementing these actions with trustees, employers and others, as well as follow through on their execution.
• Experience of coaching and/or mentoring.
How to apply
To apply please email firstname.lastname@example.org quoting role reference number 121948. Please also confirm if you are interested in a permanent for fixed term contract when submitting your application along with:
• a covering letter with details of how your skills and experience meet the role requirements
• a copy of your CV
• details of your notice period
CV’s alone will not be considered.
If you would like a short chat to discuss this role before applying, please contact email@example.com
, and they will arrange this with one of our hiring managers or experienced staff.
We are an inclusive employer and offer equal opportunities regardless of an individual’s age, disability, gender identity, marriage or civil partnership status, pregnancy or maternity, race, religion or belief, sex, and sexual orientation.
As a Disability Confident employer, we’re committed to the recruitment, employment, retention, and development of people with disabilities, and to improving their employment opportunities. Candidates who declare that they have a disability and who meet the essential criteria for the job will be offered an interview.
Applications will be considered on a part time and job share basis
In accordance with Home Office guidance, the successful candidate will be required to provide their right to work in the UK before they start employment. Unfortunately, TPR is not able to offer sponsorship at the time. TPR is a UK-based organisation with a working location in Brighton, candidates must live in the UK to be employed by us.
The Pensions Regulator is an arm’s length government body and part of the public service.
Any offer of employment will be subject to the receipt of satisfactory background screening checks and criminal record checks (BPSS).
If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email firstname.lastname@example.org
Closing date: 14 August 2022