Senior DC Investment Advice Manager (DC/RI)
Business Area: Investment Product Management
Place of Work: London
Contract Type: Permanent
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.
About the role
In your role as Senior DC Investment Advice Manager (DC/RI) you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to be part of a central team responsible for the oversight and governance of our investment mandates and execution, providing investment advice to stakeholders across the DB and DC parts of the scheme as well as external manager selection and monitoring and product development across DC.
The role will primarily involve:
* A mixture of reviewing and authoring investment advice to the scheme’s stakeholders in USS across both DC and Responsible Investment (RI) matters, including delivery where required.
* Helping to ensure that the advice provided to USS is clear, robust and in the best financial interests of the scheme, its members and employers.
* Collaborating to evolve the strategy for the DC investment team, including the management of internal stakeholders to drive the strategy forward.
What you will be doing
As a trusted part of the Investment Product Management team you will be responsible for:
Advice
* Managing the production and delivery of RI and DC investment advice to the relevant boards (e.g. DC Product Governance Committee, Investment Committee, Trustee Board or USSIM Board), with a focus on DC and Responsible Investment.
* Consideration of how Responsible Investment is integrated and embedded within scheme.
* Ensuring the advice being produced by the team is of the highest quality, clear, unambiguous, written in plain English and in the best financial interests of the scheme, its members and employers.
* Support effective functioning of the Client Advisory Group.
Delivery
* Working with the investment desks, Investment Product Management team and Investment Strategy & Advice team to implement investment advice.
* Assist the DC team with the smooth running of the DC investment product, including oversight and monitoring.
* Manage the continued development of the DC investment product and team over time to become and maintain market leading status.
* Manage DC investment product strategic initiatives, including working with USSL colleagues to deliver change.
* Understanding of regulatory change impacting DC and RI, and ensuring that any change is being appropriately managed.
* Maintain IPM policies and framework documentation.
* Support the creation of accurate, comprehensive, and timely recording and reporting of RI activity to stakeholders.
* Support the creation of USS’s annual Implementation Statement and USSIM’ s semi-annual; RI reporting to the Investment Committee and Board.
About you
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
* Experience in providing certified DC investment advice (most likely through a consulting role) with an interest in responsible investment.
* Strong and credible profile with internal stakeholders and other market participants.
* Experience in managing a range of internal and external stakeholders.
* Ability to see the bigger picture and deliver high quality work under constrained timelines.
* Pragmatism - ability to focus on key factors/ variables/ narratives as appropriate.
* Strong compliance culture and high personal ethical standards.
* Keen to stay up to date with developments and legislation affecting the UK pensions industry.
Why join us?
At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!
How we will reward you
* Great starting salary
* Generous annual leave package
* Access to a high quality pension scheme provided through Universities Superannuation Scheme
* Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
* Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
* Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
* Learning and development opportunities to develop your skills, knowledge and talent
* Employee Volunteer Day’s to support the communities where you work and live
* Cycle to Work Scheme
Our culture and values
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:
- Integrity
- Collaboration
- Excellence
About us
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). To find out more, please visit
https://www.uss.co.uk/
USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.