Job Summary

We have an exciting opportunity to join the team! The role is based in London and our candidate will join the Group Pensions team.

The focus of the role will be on supporting the UK and Jersey pension activities. Where appropriate the role holder will also support on the strategy for delivery of benefits in the UK and Jersey. A strong pensions background is a must and would suit someone who is looking to broaden their experience and skillset- or has already done so.

To note the role involves travel to Jersey once per quarter and to Edinburgh once or twice per year

Key Responsibilities

Pensions

• Support the Bank and the Trustees in the ongoing management of the UK defined benefit (DB) and defined contribution (DC) pension plans, including:
  • Leading on all matters involving administration, communication with members, audit and taxation of member benefits, including Scheme Pays, automatic enrolment and HMRC reporting.
  • Attending regular Admin & Risk Committee and Trustee Board meetings
• Work with local Jersey management and the Trustees of the Jersey DB and DC plans, supporting ongoing activities in similar areas to the UK 
• Support local HR colleagues in the design, development, administration and communication of the Group’s existing and new pension plans.
• Develop and maintain local information about the Group’s pension arrangements to support management and the requirements of the Group Performance Reward & Benefits (PRB) team.
• Lead the oversight of pensions vendors, including reviewing and monitoring invoices, service review meetings, inputting into pricing discussions and leading on RFP exercises where appropriate.

Skills and Experience

• Knowledge and experience in all aspects of pensions.
• Demonstrable depth of technical knowledge of the UK pensions arena.
• Knowledge of benefits, particularly in the UK, an advantage but not essential.
• The ability to oversee a large number of vendors in terms of their output, their complementarity, their fee structures, and their proactivity.
• Sensitive to conflicts of interest issues and awareness of what authority the role is acting under.
• The ability and experience to win the confidence of senior colleagues and Trustees.
• Communication skills to articulate complex issues simply and comprehensibly. Written materials must be produced to a very high standard.
• Strong experience of project management and delivery.

We are committed to an inclusive recruitment process, should you require any reasonable adjustments do let us know so we can aim to accommodate.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.