Senior Pensions Transformation Manager at Lloyds Banking Group driving strategic change in pensions operations. Leading operational improvements and influencing stakeholder engagement through technology and governance.
Responsibilities
Deliver the transformation roadmap for pensions operations, ensuring all change initiatives (systems, data, processes, governance, digital engagement) align with long term business and trustee strategy.
Assess the current operating model and design enhanced future state models covering people, process, systems, controls, and service delivery.
Lead the planning and implementation of operating model reforms.
Identify and prioritise opportunities for simplification, automation, and digitisation utilising AI tools and streamlined calculation methodologies.
Bring an external, market leading perspective, using industry insight, benchmarking and innovation to continuously challenge the status quo.
Provide strategic leadership over pensions change activity, supported by colleagues responsible for project delivery.
Ensure operational change is prioritised effectively, risks are understood and managed, and benefits are realised.
Drive readiness planning, adoption and embedding of change across Member Services and suppliers.
Manage relationships with Trustees, internal stakeholders and third-party pension administrators, presenting clear, evidence-based recommendations, constructively challenging and influencing outcomes.
Ensure suppliers introduce and adopt modern, technology enabled administration solutions that improve efficiency, resilience and member experience.
Own the transformation agenda within the appropriate risk and control framework, ensuring regulatory and legislative requirements are met.
Develop team capability, creating a sustainable pipeline of delivery and change talent.
Seek continuous improvement, efficiency and control across pensions operations.
Requirements
Proven experience leading large scale operational, digital or transformation programmes within pensions, financial services or a closely related regulated environment.
Demonstrable evidence of shaping operating models, not just delivering projects.
Strong experience influencing and challenging suppliers, Trustees and senior stakeholders.
External market awareness, including pensions administration technology, innovation and digital member engagement.
Experience operating at senior levels, including exposure to Trustee Boards, ExCo level or equivalent governance forums.
Strong leadership capability, with experience building and leading high performing teams through change.
Excellent negotiation, influencing and stakeholder management skills.
Ability to operate strategically while remaining close enough to delivery to ensure successful outcomes.
Professionally qualified in pensions (or equivalent), with deep knowledge of UK pensions legislation and regulatory requirements.
Expert understanding of occupational DB and DC trust based pension scheme operations and governance, with the ability to design and implement robust, compliant processes.
Benefits
A generous pension contribution of up to 15%
An annual bonus award, subject to Group performance
Share schemes including free shares
Benefits you can adapt to your lifestyle, such as discounted shopping
30 days’ holiday, with bank holidays on top
A range of wellbeing initiatives and generous parental leave policies
Job title
Senior Pensions Transformation Manager – FTC till end of December 2026
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