Job Description
About the Role
Wiltshire Council is seeking an experienced Fund Governance Manager to support the effective governance and administration of the Wiltshire Pension Fund, which manages pensions for over 170 employer organisations including local authorities, academies, FE colleges, charities, and service providers.
The Fund exists to meet all future pension liabilities for its members while minimising employer contribution levels. Employer contribution rates are reviewed every three years through an actuarial valuation. With the Fund’s liabilities and assets currently valued at approximately £3bn, robust governance is essential to ensure compliance with complex regulatory requirements and to mitigate any risk of fines or reputational damage.
The management of the Fund’s assets and liabilities directly impacts employer contribution levels—around £40m per annum for Wiltshire Council alone—and can significantly affect the financial viability of smaller employers. You will play a key role in ensuring that governance standards, systems, and processes meet national best practice, and that the Fund operates smoothly and transparently.
Key Responsibilities
* Deliver strong governance oversight of a large defined benefit pension scheme.
* Support Committee and Board governance processes and ensure compliance with national LGPS governance standards.
* Drive improvements in systems, processes, and industry best practice.
* Ensure the Fund operates within all regulatory frameworks to avoid financial penalties and reputational risk.
* Provide strategic input into the management of the Fund’s assets, liabilities, and long-term solvency.
Essential Requirements
* A degree plus a relevant professional qualification such as IPPM, PMI, CII, or equivalent demonstrable experience.
* Extensive knowledge of Local Government Pension Scheme (LGPS) Regulations.
* Significant experience providing governance services within a large defined benefit pension scheme.
* Proven track record in delivering good governance and best practice in a pension environment.
* Experience liaising with Committees and applying national governance standards.
Desirable
* Direct experience working with the Local Government Pension Scheme (LGPS) and/or Firefighters’ Pension Scheme.