HSBC Group

If you are a UK or CIIOM based employee, please apply using the following link which will take you to our new Recruitment System: https://performancemanager.successfactors.eu/sf/jobreqpvt?jobId=3618&company=hsbcholdin&st=0E9F1C1712DBB2AC9E6C15FD8299BFB357ECDFCC

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.
 
The People function facilitate talent management, succession planning and employee mobility while defining and overseeing frameworks that support employee performance management, reward, learning and development, resourcing and engagement. 
 
A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.
 
We are currently seeking an individual to join this team in the role of Senior Pensions Manager.
 
This is a great opportunity to work for a global organisation with one of the UK’s largest private sector pension schemes, making a difference to members past, present and future.  The HSBC Bank (UK) Pension Scheme (“the Scheme”) is a large DB/Hybrid and DC scheme.  The Pension Scheme Executive (PSE) is a team of experienced pension professionals which supports the Trustee with the running of the Scheme and looks after the day-to-day management on all aspects of the Scheme. 
 
The successful candidate will be a subject matter expert, supporting the Trustee Chief Operating Officer on all operational activities that deliver an excellent experience for members, as well as supporting with the assessment, design, development, management, maintenance and review of operational pension scheme policies, practices, and controls.

In this role, you will:

•    Lead and work closely and collaboratively with the scheme administrators, to oversee the day-to-day performance, drive performance improvement, resolve issues and enhanced commercial relationships with scheme administrators and relevant scheme suppliers and advisers.
•    Keep up to date with regulatory changes that impact the operations of the Pension Scheme and apply technical pensions knowledge to work with advisors and/or suppliers to review and evaluate solutions to ensure Scheme compliance.
•    Be responsible and accountable for the necessary processes for identifying, critically analysing, monitoring, and mitigating the Scheme’s operational risks, including risks and issues that arise with third parties (in particular, scheme administrators).  This includes regular review of risk registers, risk and control assessments, issue logs, progressing and completing remediation activity.
•    Work with the Pension Scheme Executive Head of Finance to review the financial information received from the scheme administrators and follow up on queries and issues.
•    Prepare papers and make recommendations for matters relating to Scheme operations for the PSE Executive Committee, Trustee Committees, Trustee Board and Bank Stakeholders, as necessary.
•    Contribute to the ongoing strategic development and improvement of member administration and communication services.

To be successful in this role you should meet the following requirements:
 
•    Demonstrable experience of working for and dealing with challenges associated with running a large DB/Hybrid and/or DC Pension schemes, acting as a subject matter expert in the operational delivery of pension services to members, with strong understanding and experience of pension scheme administration (either gained from in-house or third-party roles) and in-depth knowledge of the pension administration industry standards and best practices.
•    Deep knowledge and experience of pension legislation and the regulatory framework governing UK occupational pension schemes covering DB and DC type benefit structures and applying this in practice.
•    Strong experience in managing all aspects of third-party supplier relationships and contractual management, including focused risk management.
•    Demonstrable experience of proactive problem solving (independently and collaboratively) and managing and implementing such solutions.
•    Strong analytical, communication, presentation, and stakeholder management skills.
•    Experience in developing and sustaining effective relationships with a variety of internal and external stakeholders.
 
The base location for this role will be London and with a hybrid working pattern.

If you are an HSBC Contractor and wish to apply to this role, click here.

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted by our Talent Acquisition team. To find out more and register to attend please click on this link.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).