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Investment Governance Analyst

Glasgow, United Kingdom

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Date live: 11/22/2024

Business Area: HR

Area of Expertise: Human Resources

Contract: Permanent

Reference Code: JR-0000021508

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Barclays Human Resources

In HR, you'll collaborate with the organisation to implement effective HR strategies and programmes. Your role will involve recruiting, training, and developing talent, as well as managing employee benefits, ensuring Barclays attracts and retains top talent

The role provides the opportunity to become part of a highly effective in-house pension team of experienced pension professionals for the Barclays UK Retirement Fund (UKRF) pension fund (c220,000 members and c£30bn of assets covering defined benefit (DB) and defined contribution (DC)).

The role holder will be part of the team providing pensions actuarial and investment governance support to the UKRF.   This will include BAU, strategic and project activity.  The role holder will support oversight of the UKRF funding and investment strategy, investment governance (including Responsible Investment policy), funding and investment disclosures, engagement with the internal investment team and management of external advisors.

Key Accountabilities

  •  Ability to support and work within a team running the Trustee Board Investment Committee (IC) and Defined Contribution Committee (DCC) including:
  • Drafting and planning agendas plus horizon scanning for future agenda items;
  • Drafting of IC, DCC and Trustee Board papers; and
  • Working with team members and external advisors to commission and co-ordinate advice for the IC, DCC and Board.
  •  IC and DCC project and actions management, working with team members and external advisors. 
  • Develop working relationship with external advisors leading to effective relationship and provision of timely advice.
  • Develop working relationship with in-house investment management team to co-ordinate IC, DCC and Trustee Board deliverables.
  • Support on the oversight of the in-house investment manager, including performance monitoring and compliance with the Investment
  • Management Agreement across both DB and DC sections.
  • Support on the oversight of the DB and DC strategic investment advisors, including performance monitoring and measurement against agreed objectives.
  • Ensure funding and investment governance documents are maintained in line with current strategy and regulations including Statement of Investment Principles, Responsible Investment and Stewardship Policies and TCFD reporting.
  • Support on regular Trustee reporting on funding levels and other metrics.
  • Flexibility to work and support various Trustee-led projects relating to the pension scheme.

Stakeholder Management and Leadership

  • The role holder will be able to initiate and sustain constructive effective relationships with a wide range of stakeholders including the immediate team, external suppliers, other internal functional teams.
  • Professional self-confidence and integrity together with experience of supporting internal stakeholders and working with external consultants to resolve queries and issues with respect within the organisation and with third parties.
  • ·Effective collaboration and team working with other team members to deliver excellence to stakeholders.

Decision-making and Problem Solving

  • Apply critical thinking and logic to resolve problems within the team and the wider operational environment e.g. proposing solutions for any issues encountered.
  • Identifies opportunities for continuous process and control improvements and work with team members and suppliers to implement solutions.
  • Ability to consider the differing requirements of various stakeholders and develop holistic solutions.

Risk and Control Objective

  • Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Person Specification

  • Self-motivated, proactive and resilient – able to organise and prioritise workload effectively from multiple sources to ensure delivery of work on time, working independently or collaboratively.
  • Strong attention to detail, decisive, speed with accuracy and commits to high standards.
  • Analytical skills to deal with a wide variety of pension related requirements.
  • Excellent written and verbal communication skills to make the complex issues clearly understood.
  • Strong experience in project ownership and delivery in a fast paced environment.
  • Ability to build and maintain stakeholder relationships with both internal and external stakeholders, including suppliers and wider team members.

Essential Skills/Basic Qualifications:

  • Experience of working with pension schemes with defined benefit and defined contribution arrangements.
  • Good technical knowledge of investment strategy, investment markets, asset classes, investment governance documents, pensions funding regulations, actuarial techniques.
  • Relevant professional qualifications e.g. Actuary, APMI, FIA (or equivalent), CFA
  • Knowledge and application of UK pensions legislation and up to date awareness of current pension industry initiatives and developments relevant to funding and investments.
  • Analytical skills to deal with a variety and large quantity of data from various sources.
  • Experienced with Microsoft Office applications.

Desirable skills/Preferred Qualifications:

  • Experience of assessing regulatory changes for UK pension schemes.
  • Experience of insurance transactions for UK pension schemes.
  • Experience of integrated risk management approaches.

Purpose of the role

To develop, implement and provide governance to employee retirement plans and benefits programmes, and provide counsel to resolve any related issues.  

Accountabilities

  • Responsible for the development, implementation and delivery of the retirement plans and benefits programmes and processes aligned to the organisation’s strategy and enabled by supporting technology where appropriate, including the resolution of any escalated retirement and benefits issues from colleagues and people leaders (either directly, through HR operational teams or through oversight of a third party).
  • Responsible for ensuring that retirement plans and benefit programmes are delivered in a manner that is compliant with all applicable internal governance requirements and external regulation; staying up to date with applicable legislative and regulatory changes.
  • Communication and engagement to educate employees and managers on the available retirement and benefit options, such as retirement, health insurance and other benefit solutions.
  • Market research and the development of appropriate retirement and benefits strategy, administration and compliance, as appropriate.
  • Identification, engagement and management of external vendors/ stakeholders to manage the administration and delivery of the retirement and benefits services and provision of advice and counsel to employees and people leaders where relevant.
  • Oversight and governance to all cost elements relevant to the provision of the retirement and benefits plans; ensuring that costs are appropriately forecasted, managed in line with budgets and spend approvals, and any funding requirements are actively monitored and maintained.

Assistant Vice President Expectations

  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
  • OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 39 countries and employing around 100,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.

To find out more about Barclays' strategy please click here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 39 countries and employing around 100,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.

To find out more about Barclays' strategy please click here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

This is Barclays Glasgow

Barclays Glasgow is the engine of the Corporate and Investment Bank, and Shared Technology, delivering vital services to clients across the world. With c.5,500 talented people in a whole range of roles, the work we do touches millions of lives every day.

Our campus is a safe environment for neuro-diverse colleagues or anyone who, from time to time, may need calm, controlled spaces.

We work hard to make our Glasgow campus a centre of citizenship, community integration and social impact. We make a real difference.

Our campus features excellent facilities such as our Fitness Suite, fitness classes, an on-site GP, a bicycle store and so much more.

Connect with your colleaguesJoin one of many clubs and societies like our working parents club, or catch up with your colleagues at our rooftop bar, The Beacon.

This is Barclays Glasgow

Barclays Glasgow is the engine of the Corporate and Investment Bank, and Shared Technology, delivering vital services to clients across the world. With c.5,500 talented people in a whole range of roles, the work we do touches millions of lives every day.

Designed for diversity

Our campus is a safe environment for neuro-diverse colleagues or anyone who, from time to time, may need calm, controlled spaces.

At the heart of the community

We work hard to make our Glasgow campus a centre of citizenship, community integration and social impact. We make a real difference.

Focus on health and wellbeing

Our campus features excellent facilities such as our Fitness Suite, fitness classes, an on-site GP, a bicycle store and so much more.

Connect with your colleagues

Connect with your colleaguesJoin one of many clubs and societies like our working parents club, or catch up with your colleagues at our rooftop bar, The Beacon.

Be you. Be valued. Belong.

We celebrate the unique perspectives and experiences each individual brings, believing our differences make us stronger and drive success. Our colleague networks offer connection, support, and growth, while our "This is Me" series shares the unique stories of our colleagues. Committed to diversity, equity, and inclusion, Barclays values you for who you are and ensures you truly belong.

You can learn more about our commitment to our colleague on our DE&I page.  

Learn more

Application Process

Your application

We’ll ask for information about you, your CV and cover letter.

1

Your assessment

Covering your behaviours and ability at work.

2

Your interview

Exploring your past experiences and skills.

3

Next step

We’ll request additional information so that you can complete our screening process

4
Barclays

Working flexibly

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better service our customers’ and clients’ needs.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

Hybrid working: Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays is built on an international scale.

Our geographic reach, our wide variety of functions, businesses, roles and locations reflect the rich diversity of our worldwide customer base. All of which means we offer incredible variety, depth and breadth of experience.
And the chance to learn from a globally diverse mix of colleagues, including some of the very best minds in banking, finance, technology and business. Throughout, we’ll encourage you to embrace mobility, exploring every part of our operations as you build your career.

Find more information

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