Pensions Governance Assistant Vice President

Job Description

Purpose of the role:
To develop, implement, deliver, and provide governance to employee retirement plans and benefits programmes, and provide counsel to resolve any related issues.

• Responsible for the development, implementation and delivery of the retirement plans and benefit programmes and processes aligned to the organisation’s strategy and enabled by supporting technology where appropriate, including the resolution of any escalated retirement and benefits issues from colleagues and people leaders (either directly, through HR operational teams or through oversight of a third party).
• Responsible for ensuring that retirement plans and benefit programmes are delivered in a manner that is compliant with all applicable internal governance standards and external regulation; staying up to date with applicable legislative and regulatory changes.
• Communicate and engage to educate employees and managers on the available retirement and benefit options, such as retirement, health insurance and other benefit solutions.
• Conduct market research and develop appropriate retirement and benefits strategy, administration and compliance, as appropriate.
• Identify, engage and manage external vendors/stakeholders to manage the administration and delivery of the retirement and benefits services and provide advice and counsel to employees and people leaders where relevant.
• Oversee and govern all cost elements relevant to the provision of the retirement and benefits plans; ensuring that costs are appropriately forecasted, managed in line with budgets and spend approvals, and any funding requirements are actively monitored and maintained.

To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.

Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.

When the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment in which colleagues thrive and deliver to a consistently excellent standard. The four LEAD behaviours are:

• L – Listen and be authentic
• E – Energise and inspire
• A – Align across the enterprise
• D – Develop others

OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/or projects, identifying a combination of cross‑functional methodologies or practices to meet required outcomes.

Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done.

Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub‑function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.

Engage in complex analysis of data from multiple sources of information, internal and external, such as procedures and practices (in other areas, teams, companies, etc.) to solve problems creatively and effectively.

Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our…