Manager, Covenant Advisor

Overview

Isio is looking for a qualified accountant with employer covenant advisory experience and/or a transaction/restructuring advisory background, to join our team in advising clients and supporting our growth plans. This role provides the opportunity to build a portfolio of corporate and trustee advisory clients as well as advise in M&A/transaction, run-on and superfund transaction situations. The role will involve working on some of the most complex transactions and challenging pensions issues businesses and trustees face, and work alongside a range of Isio specialists in actuarial and investment services to provide integrated solutions to support pensions strategy.

• Build and manage a portfolio of pension trustee advisory clients, providing advice on their employer covenant assessments and integrated risk management framework.
• Perform and review financial and commercial analysis for employer covenant assessments, including coaching and development of junior team members.
• Assess the impact of a corporate activity such as a transaction, restructuring or refinancing on the employer covenant provided to pension schemes.
• Advise on solutions to mitigate changes in the employer covenant security provided to pension schemes.
• Advise corporate sponsors of pension schemes in negotiations with trustees over employer covenant and mitigation/financial support options.
• Support external marketing initiatives to support Isio's growth ambitions.

• Qualified ACA/CA/ACCA accountant with clear evidence of relevant post-qualified experience.
• Proven employer covenant and/or transaction/restructuring advisory experience.
• Commercial awareness and a general interest in how businesses work.
• Experience of insolvency analysis/recoveries, e.g. preparing entity priority models and estimated outcome statements to advise clients of the implications.
• Excellent report writing, financial analysis, client and project management skills.
• Ability to research and report on clients, industries, the wider market/economy and ESG risks; develop marketing collateral and initiatives; and build, manage and leverage client relationships to originate work and support sales.
• Experience using AI and data analysis tools to improve efficiency in research and reporting.
• An enthusiasm for and genuine commitment to business development and supporting market initiatives.

Our ideal applicant would work alongside our existing team in either Manchester, Edinburgh or London. However, we can offer suitable applicants the opportunity to work from our other Isio offices.

We work on a hybrid basis, offering the opportunity for colleagues to split their working time between working in the office and  provide career development through an evolving client base, diverse and meaningful work, nationwide opportunities, and a culture that rewards high performance and accountability. We invest in training and development to help you expand your skills and explore different career paths across diverse markets.

Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates. If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please ask us