Position Overview & Specifications
End Date
Thursday 22 June 2023
Salary Range
£29,669 - £31,230
Agile Working Options Hybrid Working Job Description Summary A full time role based in Leicester. Job Description We’re a fast-paced, dynamic Group at the cutting edge of building safe and recurring value for all of our stakeholders. Our core areas include: tailored pension solutions, wrap platform, independent financial advisory, investment consultancy, research and due diligence, and more. This role is within Embark Pensions, part of the Embark Group who are part of the Lloyds Banking Group. In your role you'll work closely with the operational functions, specifically the Service Recovery and Senior Review functions, to ensure Embark Pensions complies with HMRC and other requirements in the course of providing pension scheme administration services and meeting its duty of care obligations as a trustee. This role is responsible for ensuring Embark Pensions operates exceptional process and controls, manages strong counterparty relationships (internal and external) and has responsibility for account managing death benefits and Pensions Sharing Orders through to payment/completion. Key Accountabilities
Agile Working Options Hybrid Working Job Description Summary A full time role based in Leicester. Job Description We’re a fast-paced, dynamic Group at the cutting edge of building safe and recurring value for all of our stakeholders. Our core areas include: tailored pension solutions, wrap platform, independent financial advisory, investment consultancy, research and due diligence, and more. This role is within Embark Pensions, part of the Embark Group who are part of the Lloyds Banking Group. In your role you'll work closely with the operational functions, specifically the Service Recovery and Senior Review functions, to ensure Embark Pensions complies with HMRC and other requirements in the course of providing pension scheme administration services and meeting its duty of care obligations as a trustee. This role is responsible for ensuring Embark Pensions operates exceptional process and controls, manages strong counterparty relationships (internal and external) and has responsibility for account managing death benefits and Pensions Sharing Orders through to payment/completion. Key Accountabilities
- Building effective relationships with internal and external clients.
- Knowledge, interpretation and understanding of HMRC and relevant legislation, regulations and guidance
- Maintaining understanding of governing legislation within the team and wider business
- Working with the operational management team to identify and delivery training where required
- Account management of death benefit and divorce cases
- Maintaining records for death and divorce cases and owning reporting from the database
- Focus on Trustee roles and responsibilities
- Understanding of AML regulations
- Remedial project work and forensic reviews
- Maintaining and demonstrating knowledge of Trust Deed and Rules
- Driving continuous process improvement in operations processing to ensure quality of delivery and risk controls are maintained within the most efficient processes available.
- At least 3 years' comparable experience in a complex regulated environment, ideally in SIPP administration
- Graduate calibre
- Exceptionally proactive, with the ability to innovate and challenge in support of the business model we're operating
- Full understanding of HMRC requirements
- Knowledge of Pensions Tax Manual
- Exceptional judgment and communication skills
- Solid risk and controls awareness
- Clear communications skills
- Professional qualifications including CF1, CF2, CF4 and FA2 or equivalent desirable but not essential.
- Various share schemes
- A generous pension contribution starting at 9% (rising to 15%) which comes with life cover of up to 8x salary.
- Further discounts available on the weekly food shop, travel and electronics/mobile through our PerksAtWork scheme.
- Our Flex option gives access to a wide range of benefits such as:
- Buying extra or selling holidays to suit from your 30 days leave (pro rata but including bank holidays) - ideal for half terms or that mini break.
- Extending the private medical cover you'll receive to family members.
- A Flex Card providing up to 15% discount with over 70 well known retailers.
- Tax/NI efficient electric vehicle (or bike) purchasing schemes paid through your monthly pay - we support sustainability!
- We also have a number of free health and well-being offerings as well as generous parental / adoption leave policies.