LPPA - Risk & Compliance
Internal Auditor & Monitoring Officer
Internal Auditor and Monitoring Officer
Local Pensions Partnership Administration (LPPA) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking an Internal Audit & Monitoring Officer to join our Risk & Compliance Team in Preston.
To provide internal audit and compliance monitoring across LPP Administration (LPPA), ensure that LPPA maintains an appropriate risk management framework and culture, including robust internal controls and managing regulatory risks in line with statutory requirements and guidance. Develop, evolve and manage business compliance policies with appropriate monitoring and control in line with relevant legislation and regulatory requirements. Ensure LPPA’s internal control environment is effective.
• Assisting in the development of an Audit Universe and drive the development of the Annual Audit Plan.
• Lead the Internal Audit process and deliver audit fieldwork, reporting and record keeping against the Annual Audit Plan.
• Complete risk-based ad-hoc investigations and business support activities as required by the Head of Risk & Compliance.
• Assist in the development of the team and ensure the audit and monitoring work and output meets the required standards.
• Drive continuous improvement and development across LPPA.
• Executive level engagement, interaction and exposure to a wide variety of pension scheme audits.
• Identifying and helping to resolve complex audit issues.
1. To promote and demonstrate the presence of effective internal controls, policies and procedures for the pensions administration business.
2. Ensure that there is a continual improvement and learning programme, following the reporting of any COP14 issues identified, across all areas of the administration business.
3. Ensure that regulatory policies are in place for LPPA.
4. Ensure that reporting in relation to LPPA audit and monitoring is made in a timely and consistent manner as required.
5. To demonstrate team ethics and work as part of LPPA and LPP Group teams supporting the business objectives.
6. Continually develop personal knowledge and skill, to maintain subject expert status on all matters relating to audit and monitoring and regulatory risk across the pensions administration business.
• Fully ACA/ACCA qualified (or equivalent).
• A proactive, self-motivated team player who can work independently with minimal supervision, manage a high personal workload with multiple deadlines and continually strive for improvements in quality, efficiency and presentation.
• At least 3 years audit experience across multiple business functions. Pensions experience is desirable. Financial services regulated environment experience preferred but not essential.
• The necessary gravitas and communication skills to deal with all senior stakeholders, including the ability to advise on LPPA’s internal control environment and influence and build good working relationships at all levels both internally and externally.
• Effective interpersonal skills, including exceptional communication skills, both verbal and written and the ability to supervise and develop team members.
• Analytical approach to delivering pragmatic and practical solutions to control issues and a demonstrable track record of delivering to deadlines.
• Sound knowledge of regulatory requirements, particularly TPR COP14 relating to Public Sector Pension Schemes, LGPS Regulations, and the implication of these for LPPA, and wider LPP Group where appropriate.
• Experience of the breadth of the diversity agenda including embedding good practice and an understanding of LPP’s and the public sector’s commitment to combating discrimination and promoting equality of opportunity
• Highly developed analytical skills and the ability to present reasoned and convincing arguments to support and/or challenge a proposal.
• Excellent level of numerical, analytical, ICT, and report writing skills to assist in the communication of key messages and to facilitate discussions and decision making.
• The salary range for this role is circa £45,000 per annum depending on experience
• We offer 25 days’ holiday (plus bank holidays and additional concessionary days).
• We operate on a 37-hour working week, with flexibility in working pattern for the right candidate
• Access to an excellent pension scheme with generous employer contributions
• We have a friendly and sociable work culture whilst providing an environment of continuous personal and professional development to support employees in reaching their full potential.
• Our offices in central Preston are easily accessible by road, rail and public transport.
LPPA is keen to promote a diverse workforce to maximise our ability to provide quality services to all our customers, we welcome applications from candidates of all backgrounds.
Reasonable adjustments will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.
Other organisations may call this role Internal Auditor, Audit Officer, Risk Officer, Compliance Officer, Quality & Compliance Monitoring Officer.