De-Risking Operations Lead

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Job profile for De-Risking Operations Lead

Bristol De-Risking Operations Lead

The job requirements are detailed below. Where applicable the skills, qualifications and memberships required for this job have also been included.

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Contractual hours 36.25 Basis Full time Job category/type - XPS Administration Date posted 14/07/2026 Job reference REQ
003723

De-Risking Operations Lead

Location: Bristol

Grade: Senior Consultant

Employment Type: Permanent, Full Time

Hybrid

REQ
003723

About XPS Group:

XPS Pensions Group is no ordinary company. We've earned numerous awards and accolades, making us an industry leader in Pensions Consultancy. As the largest pure pensions consultancy in the UK, we are a team of approximately 2000 employees spread across 15 locations nationwide. Listed on the London Stock Exchange Main Market, we pride ourselves on our ability to think and act differently, offering expert advice to over 1600 pension schemes and administering pensions for over 1,000,000 members.

About the Team:

The De-risking team forms part of the Administration Projects Team and undertakes a range of specialist project activities to support pension scheme de-risking, buy-in and buy-out work streams. The team works closely with client teams, calculation specialists, data specialists, administrators, consultants and wider XPS stakeholders to deliver high-quality outputs for complex pension projects.

The team’s work includes preparation and review of bulk insurer data sets, benefit audits, benefit rectification activity, data cleanse work, query resolution and support for wider bulk annuity transaction activity. As demand for de-risking services continues to grow, this role will provide operational leadership, escalation support and process oversight to help ensure consistent, collaborative and efficient delivery across the function.

Key Responsibilities:

• Act as the operational escalation point for complex de-risking queries, delivery issues and workstream challenges, ensuring matters are triaged, progressed and resolved effectively.
• Work closely with the De-risking Operations Manager and De-risking Management Team to support the smooth running of de-risking operations.
• Provide line management, coaching and support to the De-risking Team Managers, helping them to manage performance, workloads, priorities and colleague development.
• Support consistent working practices across the de-risking teams, ensuring that processes are understood, followed and continuously improved.
• Review existing processes, controls and ways of working to identify inefficiencies, risks, duplication or gaps, and lead activity to improve them.
• Work collaboratively with colleagues across XPS, including client teams, administration teams, project teams, calculation teams, data specialists and consulting colleagues, to resolve issues and improve end-to-end delivery.
• Support effective collaboration across buy-in and buy-out work streams, ensuring all parties understand their responsibilities, dependencies, deadlines and escalation routes.
• Facilitate joined-up communication between de-risking teams and wider stakeholders to reduce avoidable rework, late-stage issues and unclear ownership.
• Provide operational insight to support…