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Pension risk consultant

Durham Tees Valley Airport
Alexander Lloyd
Risk consultant
€55,000 a year
Posted: 17 November
Offer description

Providing SME & Large Corporate business leaders with excelling talent to continue business growth!| Pensions | Investments | Actuarial | Compliance…

Alexander Lloyd are looking for 2 Pension Risk Consultants to play a key role in strengthening the governance and control environment on a hybrid working model from the Darlington office.

You’ll help design, implement, and deliver a first‑line controls assurance framework, ensuring that internal controls across pensions administration meet both internal standards and external regulatory expectations — including the General Code of Practice and AAF 01/20 requirements.

This is a great opportunity for someone with a background in risk, audit, or pensions operations who enjoys getting into the detail, improving processes, and helping to build a strong culture of assurance and accountability.


What You’ll Be Doing


Control Monitoring & Manual Workarounds

* Execute first‑line control monitoring — including testing, reporting, and identifying areas for improvement across Member Services and pensions administration.
* Support the design and continuous improvement of the assurance framework, ensuring all manual processes and workarounds are effectively controlled.
* Ensure all controls required to comply with the General Code of Practice and The Pensions Regulator’s guidance are regularly tested, reviewed, and reported.


AAF 01/20 Internal Control Reporting

* Support the delivery of the annual AAF 01/20 report, collaborating closely with internal teams and external service auditors.
* Help define and evidence control objectives across pensions administration, IT, and supporting functions.
* Monitor and follow up on issues from AAF testing, ensuring that repeat or high‑priority findings are addressed effectively.


Stakeholder Engagement

* Build strong working relationships with Internal Audit, Risk, and Compliance teams to align and coordinate assurance activities.
* Present findings and recommendations to the Assurance Manager, contributing to assurance reporting and remediation planning.
* Act as deputy for the Assurance Manager where required, representing the function in key meetings.
* Support the ongoing development of internal control frameworks and processes.
* Assist with audit, risk, and compliance reviews, ensuring minimal disruption to business operations and effective tracking of issues through to resolution.


What You’ll Bring

* Proven experience in control assurance, risk, or audit, ideally within a pensions or financial services environment.
* Strong analytical, communication, and stakeholder management skills.
* The ability to constructively challenge established practices and drive continuous improvement.
* A proactive approach to identifying and mitigating risks.
* A collaborative mindset and willingness to coach and support colleagues.
* Professional qualifications (or equivalent experience) in risk, audit, or pensions administration.


Seniority Level

* Mid‑Senior level


Employment Type

* Full‑time


Job Function

* Accounting/Auditing, Legal, and Quality Assurance


Industries

* Pension Funds, Financial Services, and Investment Management
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