4 Board Members - London Pensions Fund Authority (LPFA)
Recruiter: London Pensions Fund Authority (LPFA)
Location: London (Central), London (Greater)
Salary: £12k+ per annum (under review)
Posted: 06 Nov 2020
Closes: 25 Nov 2020
Job Function: Board Member
Industry: Not-For-Profit, Public Services
The largest Local Government Pension (LGPS) provider in London with around £6 billion of assets and 135 active employers is now looking for four exceptional individuals to bring additional insight and expertise to the Board. You will have an opportunity to join a dynamic and engaged board dedicated to LPFA’s success and its members and employers at an exciting time. You will help lead the LPFA into the next phase of its development as it builds on its success as a large, well run LGPS pension fund and as an active, challenging but supportive owner (with its fellow Shareholder) of Local Pensions Partnership’s (LPP) Administration and Investment businesses. The LPFA’s aim is to deliver LGPS pension services to a high quality and in the most cost effective and efficient manner.
Applicants with the following experience are welcomed to apply:
- First Candidate - From an investment management background, with broad investment management experience across a range of asset classes to lead our Investment Committee.
- Second Candidate – Has considerable pensions experience with a specialist understanding of the issues associated with Responsible Investing, ESG and particularly climate change.
- Third Candidate – Has strong experience of Pension Funds and, in particular, the related governance matters.
- Fourth Candidate – Experienced in public service governance with the added dimension of pensions experience.
Background and experience:
The successful applicants for each of these Board Member positions are likely to have a wide frame of business expertise, non-executive experience and ideally a solid understanding of pension issues, including e.g. fund management, outsourcing, pension scheme governance or a focus on asset and liability management (including green investing and ESG policy). Experience of operating within a public sector context would also be useful. As the roles involve oversight of LPP, we would welcome candidates with experience from corporate services within the broader financial services sector.
All applicants need to be able to be align themselves with the LPFA’s values and vision and be active supporters of the LPFA’s commitments to being a high quality, value for money organisation with strong responsible investment beliefs (including commitment to our climate change policy) and member and employer commitment. In addition to pensions and investment expertise, applicants should have an interest in contributing to the complete range of LPFA’s activities and responsibilities. Diversity and inclusion are key values of the LPFA so candidates with appropriate experience from diverse backgrounds (including BAME in particular) would be welcomed.
How to apply:
Please send your application to: [email protected] Applications should take the form of a CV and covering letter (max two pages) setting out your suitability for the role and highlighting which role you are most interested in. The deadline for applications is Wednesday 25th November 5:00 p.m. All candidates are also requested to complete an Equality and Diversity Monitoring Form.
Appointment process: Following assessment of applications against criteria for appointment, shortlisted applicants will be interviewed by a selection panel which may include Mayoral Advisors, the Chair of the LPFA, GLA officers and an independent member. The panel will make recommendations for appointment to the Mayor of London.
Personal Data: LPFA has a legitimate interest in processing personal data during the recruitment process and for keeping record of the process. LPFA will treat all personal data in line with their GDPR policies,
For more information about LPFA and full candidate pack details please visit our website https://www.lpfa.org.uk/who-we-are/recruitment