Turnaround & Restructuring Senior Executive (Manager) - Pensions Strategy - Leeds/Glasgow/Edinburgh

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The Opportunity

Pension covenant advice moved into a new phase of existence in 2022, driven by volatility in pension funding positions and a changing economic environment. EY-Parthenon’s Pensions Strategy team is award winning, known for our collaborative style and market-leading approach. We are looking for a motivated covenant advisor to join our growing team. The successful candidate can be based in Leeds, Glasgow or Edinburgh, where we have active covenant teams in each location.

Our clients range from pension trustees, corporates, lenders, investors and regulators. We act as trusted advisors throughout a pension scheme’s lifecycle, working with actuarial colleagues and EY-Parthenon sector teams, offering the opportunity to specialise in sectors and/or solutions. We have grown significantly and offer progression as our plans are delivered. Our team is based across the UK and embraces flexible working.

Your Key Responsibilities

As a Pensions Senior Executive, you\'ll work on multiple client engagements across our portfolio, in consultation with the Assistant Director / Partner, in accordance with EY policies and protocols.

You will take responsibility for drafting client deliverables, project managing engagements, reporting to the Assistant Director or engagement Partner/Director where applicable, and driving projects to completion with support from senior leadership.

Active relationship-building with internal teams and external clients, lawyers and other stakeholders is essential.

You will coach junior team members and contribute to their development as part of EY’s learning culture.

Skills And Attributes For Success

• Financial analysis and scenario modelling to support decision making and assess drivers of corporate failure or underperformance.
• Commercial acumen and applying knowledge of the wider business environment.
• Ability to identify key issues on assignments and propose workable solutions.
• Experience presenting findings clearly in reports and deliverables.
• Ability to manage the financial aspects of engagements, including staffing and tracking fees.
• Professionalism and confidence in dealing with a range of stakeholders.
• Understanding of EY capabilities and opportunities to bring in other specialists.
• Good project management skills, with the ability to manage multiple assignments.
• Desire to support people development within the Pensions team, including training, recruitment and wellbeing activities.
• Maintain an ongoing personal development program to continuously improve skills.

To qualify for the role you must have

• At least three years of experience in the Pensions industry or a similar advisory role
• Understanding of defined benefit pension schemes and associated financial risk
• Professional accountancy qualification or other relevant professional qualification
• Ability to build strong internal and external relationships
• Awareness of risks inherent in advising businesses and stakeholders

Ideally, you’ll also have

• Track record within a recognised pensions covenant advisory team, including covenant reviews
• People development experience with ability to supervise, coach and mentor staff
• Existing network of work providers or willingness to build one

What We Look For

We are looking for highly motivated, ambitious candidates who want to be part of a growing pensions team. We value collaboration and flexibility during a period of growth, and encourage everyone to bring their whole self to work.

What We Offer

• Continuous learning and development to navigate whatever comes next.
• Tools and flexibility to make a meaningful impact.
• Transformative leadership with coaching and confidence to lead.
• Diverse and inclusive culture where you are supported to use your voice and help others find theirs.

Seniority level

• Mid-Senior level

Employment type

• Full-time