Covenant and Financial Analyst

Requirements of the role

Are you looking for an opportunity to make a significant difference to millions of pension savers? We are seeking a talented individual to provide specialist covenant and financial analysis advice in policy-related work and in the supervision of DC Master Trusts, DB pension schemes, consolidation vehicles, and other emerging areas of innovation.

Your expertise will help ensure the most appropriate outcomes, influencing market practices and gaining exposure to both DB and DC schemes. This is a fantastic opportunity to engage in a diverse range of projects and advance your career in a dynamic and evolving field.

Responsibilities

You will:

• provide covenant and financial analysis expertise to ensure the successful outcome of interventions and supervision in line with our statutory and corporate priorities and objectives
• support effective negotiations concerning pension liabilities in corporate transactions in order to protect savers benefits
• analyse impacts of corporate activity and contributing to development of new strategies
• critically assess viability of business plans for Master Trusts, consolidators and other emerging models
• provide financial input to the development of policy including secondary legislation for Funding, NE’s, authorisation and supervision of Master Trusts and other emerging models
• review recovery plans with emphasis on affordability, sustainable employer growth and cash management
• assist in the development of TPR’s operational procedures for the authorisation and supervision of Master Trusts, Consolidators and other emerging models Providing risk-based advice and analysis to project and case teams with specific, technical analysis and recommendations to assist clearance decisions / negotiations / arbitrations
• develop scheme funding plans for high-risk schemes in conjunction with scheme trustees
• take a leadership role in business negotiations on recovery plans
• educate and mentor case managers and team members on corporate financial and operational analysis and normal business practices
• contribute to constructive and useful learning on intervention approaches to the team and wider organisation
• contribute where relevant to best practice advice

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