Technical Specialist Leicester, England
Lloyds Banking Group
Full Time
Leicester, England
29669 - 31230 GBP ANNUAL Today
Job description
End Date
Thursday 22 June 2023
Salary Range
£29,669 - £31,230Agile Working Options
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.
Who you are and the experience we’re looking for
Delivering excellence is no easy task, particularly when you're transforming a business. So we’re looking for someone with the right experience and behaviours to join our team.
The ‘DNA’ we look for starts with high proactivity and tenacity, the desire to deliver service excellence, attention to detail and a passion for both innovation and continuous improvement. As well as this, you'll need to have:
- 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.
Reward Package
For starters, we'll give you a competitive starting package of c£29,669 that comes with a bonus opportunity of c5% (and maybe more!)
As well as giving you the following benefits:
- 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.
So you can be sure we're investing in your future.
We're really passionate about diversity and equal opportunity with industry recognition across gender, ethnicity, disability, LGBTQ+ and families.
And just let us know if you need any reasonable adjustments made to our recruitment processes, and we'll try to accommodate them.
So if you have the experience, skills and knowledge we're looking for, get in touch and apply today, we'd love to hear from you!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
