LPFE LTD

** ONLY PENSION EMPLOYERS MAY APPLY **

** The closing date is Monday 19 April at 12 noon **

LPF administers the Local Government Pension Scheme (LGPS) in Edinburgh and the Lothians and is one of the largest pension funds in the UK.

We’re seeking applications for two external Pensions Committee seats: one drawn from LPF’s employer bodies and one from LPF’s membership. Pensions Committee membership comprises five elected members of the City of Edinburgh Council and two external members for which nominations are currently being sought.

To be eligible to apply for the role of external Committee Member Employer seat, you need to work within an employer body that participates in the Fund and be nominated by your employer.  

Further details can be found in our Nomination and Appointments Policy.

Personal Specification

The Pensions Committee needs people who bring experience, knowledge and expertise relevant to overseeing a pension fund like LPF. That includes specific professional or other skills, but also more general ‘non-executive’ capabilities. The full role specification can be found here.

Credible experience and qualifications to perform the following functions are highly desirable for the appointed individuals:

• Able to provide independent scrutiny and sound judgement, providing challenge and support to ensure the Committee delivers on its strategic, business and financial targets and plans
• Supporting and enabling a culture of excellence in stakeholder service delivery
• Uphold high standards of integrity and probity and supporting the convener in instilling the appropriate culture, values and behaviours in the committee and beyond
• Provide LPF officers with challenge, support and guidance on delivering the Operating Plan for the Fund
• Overseeing risk appetite and management, control effectiveness, policies and assurance models
• Guiding committee level responses to technology oversight and cyber risk challenges
• Scrutinise and satisfy yourself on the integrity of financial information,  financial controls and external and internal audit to ensure they’re robust and defensible
  
• Build an effective and positive relationship with the LPF Pension Board, LPFI and LPFE Boards and LPF Senior Leadership Team.

Fees and Commitment

Rate: £2,250 per year (non-pensionable)

Tenure: 3 years

Position Type: Services

Hours: 8 days per year minimum

Recruitment Timetable

Closed for Applications: 19 April 2021 

Interview process: between 26 April 2021 to 7 May 2021

Induction Training: between 22 May 2021 to 31 May 2021

Term commences: Monday 28 June 2021

How to apply and assessment process

Please upload your CV and a covering letter, demonstrating how you meet the requirements as laid out in the personal specification. CVs on their own will not be accepted as an application for the role.

 

Within the application you’re asked to complete the declaration which provides confirmation that you meet all the necessary criteria and have read and are able to adhere to the LPF Code of Conduct. This will be explored further at your interview.

The assessment will happen in two stages, firstly, LPF will assess suitability of candidates and their respective submissions. The applicants who most closely meet these requirements will be invited to attend for interview.

 

The final stage of assessment will include an interview with the review panel, where you’ll be asked questions to allow you to demonstrate that you have the skills, knowledge and experience required.

 

You can find more information in our nominations and appointments policy.

Equal Opportunities (including our support for Public Sector Equality Duty)

LPF is committed to promoting a diverse, equal and inclusive culture and welcomes applications from people of all sectors of the community.

 

We encourage people from under-represented communities to apply, including but not limited to those with disabilities, from minority ethnic groups, who are part of the LGBT+ community, and all those who feel their voices are not commonly represented at board level.