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BNY

Safeguards and moves assets for investors

Senior Vice President, Head of Pensions

Compensation & BenefitsConfirmed live in the last 24 hours
Full-timeLondon, UKNo salary listed

About the Job

Requirements

  • Demonstrate strategic pensions leadership and risk management across multiple EMEA locations, including the UK, Ireland and Poland.
  • Have significant experience managing pension programmes within a large multinational organisation.
  • Have a strong understanding of pension governance, compliance and regulatory requirements, ideally across multiple EMEA jurisdictions.
  • Demonstrate experience working with pension trustees, consultants, administrators and service providers.
  • Demonstrate the ability to lead complex projects and influence senior stakeholders.
  • Have experience managing external vendors and driving performance through governance frameworks and service management practices.
  • Have strong commercial, analytical and financial acumen, including experience managing budgets and pension-related financial programmes.
  • Have strong written and verbal communication skills and the ability to translate complex technical concepts into clear business recommendations.
  • Be highly organised, have strong project management skills and be able to operate independently in a fast-paced and complex environment.

Responsibilities

  • Develop and execute the EMEA pensions strategy, ensuring alignment with business objectives, market practice and regulatory requirements.
  • Maintain oversight of all EMEA pension arrangements and lead the implementation of legislative and regulatory changes in partnership with external advisers and consultants.
  • Manage the International Pensions Governance Framework and Governance Tracker, ensuring appropriate governance controls, documentation and reporting are maintained.
  • Represent BNY at UK legacy pension trustee meetings and governance forums, providing expert advice and stakeholder management.
  • Lead periodic pension benchmarking and market reviews, developing recommendations to ensure pension programmes remain competitive and aligned with evolving employee needs.
  • Act as the primary subject matter expert for complex pension and retirement-related matters across EMEA.
  • Own strategic relationships with pension providers, trustees, administrators and consultants across EMEA.
  • Act as Business Owner for pension vendors, ensuring compliance with BNY's vendor management framework and governance requirements.
  • Monitor provider performance through KPI and SLA reviews, driving continuous improvement and effective resolution of issues.
  • Build trusted relationships with internal stakeholders including HR, Finance, Legal, Procurement, Risk and senior business leaders.
  • Oversee the day-to-day management of UK pension arrangements, including participation in the bi-annual Governance Oversight Group.
  • Manage the annual pension governance calendar, including trustee meetings, governance reviews, member communications, pension statements and reporting requirements.
  • Ensure pension processes, controls and desktop procedures are fully documented, maintained and continuously improved.
  • Lead the annual UK Incentive Sacrifice Scheme and associated governance activities.
  • Support corporate activity including acquisitions, divestitures, entity rationalisations, new country launches and office expansions from a pension perspective.
  • Manage pension budgets, cost centres and financial reporting activities across the EMEA region.
  • Lead the Executive Financial Benefits Programme and provide strategic oversight of associated benefit offerings.
  • Design and implement Financial Wellbeing initiatives that enhance employee understanding of retirement and financial planning.
  • Partner with Benefits Delivery and broader Rewards teams to ensure consistent delivery of pension programmes and effective resolution of complex employee queries.

Desired Qualifications

  • Experience within the financial services sector.
  • Knowledge of UK defined benefit and defined contribution pension arrangements.
  • Experience supporting pension-related aspects of mergers, acquisitions and organisational restructuring.
  • German language skills.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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