As one of the largest Funds within the Local Government Pension Scheme, West Midlands (WMPF) has an established and diverse investment portfolio, developed to support our overriding objective to meet the long term cost of pensions for our 340,000 members. These include many workers who provide essential public services across the region. Contributions from our members and 750+ participating employers are invested to deliver cost effective returns with acceptable risk.
The Fund’s investment strategy and implementation tools continue to evolve as our liability and cashflow profile changes, investment opportunities and stewardship ambition develops and we continue to increase utilisation of the LGPS Central investment pool. With a wide range of investment management arrangements in use and increasing expectations on pension fund investment governance and reporting, the Fund requires a robust assurance and review programme to ensure resilience in internal controls.
In a newly developed role, you will work as part of the Fund’s governance team to ensure ongoing development of risk and assurance programmes and the Fund internal controls, supporting front-line teams and building operational resilience and effective management of change. Focusing on investment compliance you will support in the development and oversight of internal policy and process, providing independent assurance.
You will lead in procedure review, identifying and overseeing response to developing regulatory standards and ensuring knowledge and behaviours support a strong internal control environment. You will deliver training and support record-keeping to ensure operational risk is managed, processes are effective, and reporting provides assurance.
We offer flexible working hours; generous holiday and all employees have access to the defined benefit pension saving, available within the LGPS.