DC Master Trust Technical Manager

About the role

Mercer is looking for a DC Master Trust Technical Manager to join its London team, reporting to the Mercer DC Governance and Oversight Leader. The role ensures that Mercer's DC Master Trusts remain compliant with all relevant regulatory legislation, working with the wider team on operational oversight. It sits within the market-leading Master Trust team, which takes a member-first approach while providing safety and security through active governance.

Key responsibilities

• Work with stakeholders to identify, monitor and communicate changes in pensions law, regulatory requirements and industry good practice
• Provide ongoing technical expertise on pensions law, regulation and good practice, working with legal and compliance functions
• Review documentation to ensure compliance with pensions law, regulation and good practice
• Contribute to DC Master Trust projects, including regulatory and legislative change and product enhancements
• Oversight of third-party administrators' compliance frameworks, with guidance and challenge as needed
• Assess regulatory risks across the scheme regularly and escalate significant issues to stakeholders, including the Scheme Strategist and the Trustee
• Review operational incidents and attend Trustee governance and oversight meetings, advising the Trustee and Scheme Strategist on operational compliance
• Communicate clearly about the Master Trust business and build strong relationships with operational and third-party administrative teams

Required profile

• Broad technical knowledge and experience of Master Trusts
• Proven track record working with senior and external stakeholders such as The Pensions Regulator
• Able to communicate at all levels of the business and to external parties
• Tenacity to drive improvement and risk reduction, and excellent communication skills
• Ability to interpret complex regulations and explain them to colleagues, trustees and strategists

Required skills

• In-depth DC Pensions technical acumen
• Understanding of DC Pensions administration processes
• In-depth understanding of regulatory obligations from a TPR perspective

What we offer

• Professional development opportunities and supportive leadership
• A vibrant, inclusive culture with a range of career opportunities
• Benefits and rewards to support well-being
• Hybrid work, with colleagues expected in the office at least three days per week