Senior Covenant Consultant

Posted on 01/05/2020
Ref #148
  • £60000 - £70000 per annum + Excellent Benefits
  • City of London, London
  • Financial Services

Our client, a leading pensions consultancy, based in London, is currently hiring for an Senior Covenant Consultant to work alongside a specialist team, which provides advice to both trustees of defined benefit pension schemes and the companies which sponsor them regarding all aspects of the employer covenant.

Responsibilities

  • Triennial covenant assessments, including forming a view on the strength of the employer covenant
  • Advising on options to improve the covenant strength, including contingent assets
  • Affordability analysis and advising on conditional funding arrangements
  • Development and implementation of covenant monitoring frameworks
  • Advising on the covenant impact of corporate transactions
  • Estimating the detriment arising from corporate activities and advising on mitigation options
  • Preparing written reports and delegating tasks efficiently where and when appropriate
  • Attending client meetings/calls and delivering our findings and recommendations

Requirements

  • High degree of professional integrity
  • Strong numerical and analytical background
  • Diligent, with exceptional attention to detail
  • Accounting (ACA/ACCA), actuarial (FIA) or similar qualification (e.g. CFA)
  • Solid understanding of the UK pensions industry
  • Familiarity with the latest guidance from the Pensions Regulator regarding the employer covenant
  • Experience in undertaking employer covenant reviews
  • Experience regarding corporate transactions and consulting

This is a full time, permanent position working Monday-Friday

Our client offers an excellent remuneration package and excellent career progression prospects.

Please apply online to be considered.

Posted By
MarkJames Search