Regulatory Change Lead

Regulatory Change Lead

£44075.00 - £49282.00

Full Time (Hybrid)

9-Month Fixed Term Contract

Are you an experienced LGPS professional with strong technical knowledge and a passion for leading regulatory change? Are you looking to influence how one of the largest pension funds in the UK responds to evolving legislation? We may have the role for you.

About WMPF

WMPF is one of the UK's largest pension funds providing local authority pension benefits for employees across the West Midlands. We manage and administer the pension interests of over 330,000 scheme members, 800+ employers and currently have over £21 billion in assets under management.

We are recruiting for Regulatory Change Lead to join our continually growing Pension Operations Service area. Our brand new offices are based at the i9 building in Wolverhampton and are an excellent location for transport links by car, bus, train and tram.

What the day will look like

As Regulatory Change Lead, you will support and deputise for the Technical Manager, providing technical leadership and regulatory oversight across Pension Operations.

Responsibilities include:

• Leading the implementation of regulatory change across the Fund, ensuring new and updated LGPS regulations, legislation and industry guidance are effectively assessed, designed and embedded
• Acting as the Subject Matter Expert for regulatory change, ensuring compliance and technical accuracy across Pension Operations
• Horizon scanning for legislative and regulatory developments and assessing operational impact
• Leading delivery of key annual regulatory exercises, including Annual Benefit Statements, Pension Taxation and Pensions Increase
• Providing authoritative guidance on complex regulatory matters and setting technical standards
• Leading regulatory and technical input into system developments and enhancements
• Ensuring workflows, calculations, letters and system outputs remain compliant and robust
• Line managing and developing the Regulatory Analyst
• Promoting a strong control environment and a culture of continuous improvement
• Preparing management information, technical guidance and internal reporting
• Representing the Fund at relevant forums and supporting attendance at sub committees and decision panels

You will work closely with the Regulatory Advisory Lead and Regulatory Technical Lead to ensure a cohesive and compliant regulatory function across the Fund.

About you

You will be an experienced pensions professional with significant knowledge of LGPS regulations and overarching UK pensions legislation. You will bring substantial experience applying LGPS regulations in practice and a strong background in regulatory technical compliance and change implementation.

Why choose the West Midlands Pension Fund?

You will receive a generous holiday entitlement (starting with 26 days a year plus bank holidays). We usually work two days a week in the office and three from home.

We have a modern office environment that offers a relaxed working atmosphere with study and breakout areas, meeting rooms and kitchens with free tea and coffee making facilities. There are also cloakrooms, bike stores, showers and lockers available.

Other benefits while working for the fund include the employee awards scheme and on the job development where you will be provided with comprehensive study support for professional exams, formal education & structured training and the potential to advance within a growing organisation.

Working at the fund is a great way to start or develop your career and will give you the opportunity to explore, question and collaborate. You will build your skills and knowledge but also a network where everyone is here to help support you learn and develop in a place where you can thrive both professionally and personally, making a shared impact.

We are delighted to have been accredited PASA, Investors in People, customer service excellence and we have Bronze Organisational Membership with the British Dyslexia Association and are working towards their Smart Award, which further underlines our commitment to diversity and inclusion.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance. You also have 24 hour access to an employee assistance programme.

As a new employee of our Operations team, you will receive a robust interactive 6 week induction plan providing you the opportunity to engage with key stakeholders across the fund. You will also be enrolled onto a range of professional training courses including an introduction to the LGPS team building to encourage collaborative working, allowing you to thrive in your new role.

Our working arrangements

All council roles are allocated to either a fixed, field or flexible work style. Some roles are agile which enable and empower employees to maximise their performance and productivity, whilst maintaining a healthy work life balance. Roles with a fixed work style work in a fixed permanent council location. Roles with a field work style are usually allocated where employees are required to be out working in the community with a minimum requirement for "touch down" space at any council location. Roles with a flexible work style have a flexible base location to meet the needs of the business and employees can work from a mixture of home or any council office, partner/client, or external location, as required to meet service requirements.

Diversity

We are committed to building a workforce that is reflective of the diverse community we serve. We want to attract the best applications from people of all backgrounds and underrepresented groups because we strongly believe in adding value through diversity, inclusion, and equality. Our employees enable us to deliver services that are accessible, inclusive, and reflective of Wolverhampton residents.

Recruitment of Ex Offenders

We are committed to the fair treatment of all our employees, potential employees, or users of our service regardless of offending background. The Council uses the Disclosure and Barring Service (DBS) for any vacancies that require a DBS check to obtain information about applicants to assess their suitability for employment in positions of trust. We do not discriminate unfairly against any individual on the basis of a conviction or any other information revealed as a result of a DBS disclosure.

Employment Information & Support

If you are considering applying for an apprenticeship or a role where the salary is (Grade 2 5) and would like to visit us to learn about the application, interview process and what it is like to work for the council, please review the relevant recruitment information.