Isle of Wight Council

Technical Finance (Pension Fund)

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Job Summary
Governance Compliance Officer (Ref: 2023_630)

County Hall, Newport, Isle of Wight and agile working from home

Grade 11, £41,548 to £44,356 per annum

Contact: Jo Thistlewood at Jo.Thistlewood@iow.gov.uk

Vacancy Reference: 2023_630

Closing Date: 18/12/2023

Contract Type: Permanent

Hours: 37 per week

 

 

The Isle of Wight Council is the administering authority for the Isle of Wight Council Pension Fund, part of the Local Government Pension Scheme (LGPS). It is one of the smallest LGPS funds in England and Wales and holds around £700 million of investment assets on behalf of over 17,000 members across 30 employers on the Isle of Wight.

 

In a time of unprecedented change in the LGPS, we have created a new Governance Compliance Officer role to support Pension Fund Manager to deliver an effective governance framework for the Isle of Wight Council Pension Fund, by ensuring compliance with regulatory requirements, managing the risk framework, and supporting the Pension Fund Committee and Local Pension Board.

 

About the role

 

You will be helping the Pension Fund Manager to ensure the fund has key strategy and policy documents and a risk register aligned with the fund’s objectives, and to ensure that the council continues to comply with its statutory responsibilities as an administering authority for the LGPS.

 

You will assist with the management of the Pension Fund Committee and Local Pension Board by creating agendas, preparing papers and supporting members to obtain and maintain appropriate levels of skills and knowledge.

You will be required to attend meetings of both Committee and Board at County Hall, Newport, Isle of Wight.

 

About you

 

You will have:

  • A degree or equivalent professional qualification, or demonstrable previous experience in a similar role.
  • An understanding of what good governance looks like, ideally with reference to the Local Government Pension Scheme (LGPS) or a private sector defined benefit scheme.
  • Excellent verbal and written communication skills, including the ability to explain clearly complex issues to non-specialists.
  • The ability to prepare and deliver professional presentations and training to groups.
  • The ability to plan and organise time and resources to make sure that deadlines and targets are met.
  • The personal qualities and skills that promote open and constructive relations with colleagues, scheme members and employers, and external advisers.
  • Good IT skills, including Microsoft Office applications, and the ability to manipulate data.

 

For further information or an informal discussion, please contact Jo Thistlewood at Jo.Thistlewood@iow.gov.uk.

 

When you join #TeamIWC you'll receive our staff benefits package, including:


-  Annual leave entitlement of 32 days p/a PLUS public holidays!

-  Local Government pension scheme

-  Discounted Solent ferry travel

-  Island bus network discount

-  Cycle to work scheme

-  Staff parking permit scheme

-  Discounted island sports & leisure gym membership

-  National and local discounts & benefits schemes

 

A relocation scheme of up to £8,000 may be available to new employees specifically relocating to the Isle of Wight to take up a role with us. If you choose to commute to the Isle of Wight daily, you may be eligible get your travel costs reimbursed. Further details are available upon request.

 

Find out more about working for the Isle of Wight Council and living on the Island here.

 

The Isle of Wight Council protects its employees from discrimination and this is supported by the Unacceptable Behaviour PolicyEmployee Code of Conduct and Behaviours Framework. We actively promote the diversity of our workforce and we provide flexible working options (where appropriate) to support the different needs of our employees.

 

The Isle of Wight Council’s Terms & Conditions of employment are available upon request. Please contact our recruitment team via adverts@iow.gov.uk if you would like to receive a copy.

 

The Isle of Wight Council is an equal opportunities employer, who is proud to encourage applications from all cultures, backgrounds and abilities to better reflect the diversity within our local community. In addition to this, we are also a Disability Confident Employer. Along with a number of other areas of commitments, this means that providing you meet the basic essential requirements of the advertised role and have declared yourself as disabled, you will be offered an opportunity for an interview within the council.

 

If you have difficulty completing your online application or if you need further information about how to apply, telephone 01983 823134 or email callcentre@iow.gov.uk. Please note only applications completed and submitted online by the closing date will be accepted.

 

We often receive a high volume of applicants for our vacancies. If you do not hear from the recruiting manager within three weeks of the closing date, we regret that your application will not have been successful on this occasion. If unsuccessful, we actively encourage you to revisit our job pages and apply to alternate posts that may be suitable.

 

 

Closing Date: 18 December 2023