Skip to main content

Your browser is out of date, and unable to use many of the features of this website

Please upgrade your browser.

Ignore

This website requires cookies. Your browser currently has cookies disabled.

Lead specialist - Supervisor - Collective Defined Contribution Schemes

Reporting to: Head of Supervision
Team: Front Line Regulation
Contract type: Permanent
Salary: Between £46,093 and £53,640 dependent on skills and experience, with access to performance related pay, bonus and civil service pension scheme.
Location: Brighton
Closing date: Tuesday 28 September 2021

Job ref: 107504

TPR grade: 7 - R&O

About us

The Pensions Regulator (TPR) is responsible for protecting workplace pensions in the UK. We work with employers and those running pensions to help people save safely for their retirement.

We have a fantastic office located in the heart of Brighton that is a short distance from the train station, shops and the sea.

We put our 700+ employees first by supporting flexible working and offering a diverse, lively and inclusive environment. This includes LGBT+ Network (PROUD), Women’s Network, BAME Network (ME) and a Disability Network, which offer supportive spaces to connect with like-minded individuals.

We are committed to making TPR a great place to work. We do all we can to support our people reach their full potential with training, secondment and development opportunities.

Role

This is an exciting opportunity to join the Supervision Department in Front Line Regulation at TPR. We are looking for a Lead Specialist to be part of the small and highly motivated team who will work to deliver the assessment, authorisation and ongoing supervision of CDC applications as provided for in the Pensions Schemes Act 2021. The role will work closely across TPR, including Intelligence, our advisory experts and other front line regulatory teams. You will be expected to work independently and as part of a team.

There are four core elements to the role:

  1. Reviewing applications and liaising with advisers and the applicants to assess whether legal authorisation criteria are met to reach a recommendation on authorisation.
  2. Managing outcomes-focused engagements with a broad range of stakeholders. You will, in the first 12 months, be the dedicated point of contact / Supervisor for an applicant.
  3. Presenting to and liaising with TPR senior management and formal governance / decision making structures to present your recommendation and to support them reaching an authorisation decision within the timescales set out in the Pensions Schemes Act 2021.
  4. Contributing to the Supervision Department’s professional knowledge and operational resilience. We encourage constructive challenge from our teams and will be looking to the successful candidate to help make Supervision and TPR more efficient and effective. You may be asked to design and deliver specific training or guidance, particularly related to the ongoing assessment, authorisation and supervision of CDC schemes.

To learn more about CDC schemes, please to to the Parliament website

Responsibilities

  • Support the set-up of an operational framework for receiving, assessing and enabling a decision to be made on CDC authorisation applications.
  • Be responsible for managing authorisation applications from receipt, through to decision-making, supported by subject matter experts and advisers, to a strict regulatory deadline.
  • Work closely and collaboratively with our subject matter experts, policy and professional advisers to form and deliver your case strategies.
  • Lead engagements with trustees, employers and other external parties.
  • Escalate issues swiftly should it become clear that they cannot be resolved.
  • Critically review and contribute to internal guidance and training materials.
  • Lead (or deputise where appropriate) the development and implementation of strategic TPR projects and/or the continuous improvement of internal processes.

Essential criteria

  • Analytical / problem solving: Evidenced ability to analyse complex information and data as well and translate into a clear and actionable strategy.
  • Negotiating / Influencing: You must be able to strongly challenge/interrogate information provided, complete tools required and determine an action plan. You must be able to build effective relationships to influence others, being assured to interact confidently with trustees and other stakeholders at Board level.
  • Strong financial and commercial, awareness: Knowledge of pensions regulation and the economic and commercial landscape, particularly as this relates to TPR’s authorisation of pension schemes (including Master Trusts).
  • Experience of regulatory authorisation processes: A strong understanding of TPR’s existing authorisation frameworks (such as the authorisation and supervision of Master Trusts), ideally having been involved in the development of an authorisation application.

Person specification

  • Proactive and flexible.
  • Ability to prioritise and use initiative.
  • Communication skills at all levels.
  • Personable and a team player.
  • Leadership skills.
  • Attention to detail and accuracy.

Salary and benefits

As well as a starting salary between £46,093 and £53,640, we offer:

  • Civil Service Pension arrangements, which are recognised as some of the best in the pensions world
  • discretionary bonus arrangements
  • access to performance related pay progression
  • 25 days annual leave provision
  • flexible working arrangements
  • development opportunities
  • enhanced parental leave arrangements
  • a free employee assistance programme
  • an excellent office location in Brighton

How to apply

We provide an exciting, supportive and flexible working environment, and are committed to helping our people meet their full potential.

TPR is an inclusive employer and offers equal opportunities to all 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. TPR welcomes applications from the BME and LGBT communities who are currently under represented at TPR.

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.

Please send your CV and a written statement to recruitmentteam@tpr.gov.uk quoting ref 107504 with details of how your experience and skills meet our essential criteria and details of your notice period.

Please be aware we are currently holding interviews through TEAMS due to COVID-19.

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 recruitmentteam@tpr.gov.uk.