1 year fixed term contract, GSK Treasury, Manager, Pension Investments

ENGINEERINGUK; London; On-site; GBP 50,000 - 90,000; Full time

Job description

1 year fixed term contract, GSK Treasury, Manager, Pension Investments

Site Name: UK - London - New Oxford Street
Posted Date: Apr 17 2025

The Pension Investments team sits within GSK's Treasury department and oversees the investment and financial risk management strategy for GSK's main pension schemes, in accordance with Company policies. The team has a particular focus on the pension arrangements in the UK and US, covering both Defined Benefit (DB) and Defined Contribution (DC) schemes.

The role holder will report to the VP, Global Pension Investments. The individual will require excellent analytical and project management skills and will lead on a number of different projects, be proactive and liaise with various stakeholders in order to develop and implement investment and risk management workstreams.

In this role you will:

• Take charge of the implementation of Company / Trustee decisions on pension investment strategy and risk management, working closely with relevant advisors (actuaries, investment consultants and lawyers)
• Develop project plans and engage with various in-house functions, including Pensions Accounting and HR Benefits
• Project manage the transition of assets between different investment fund managers and / or asset classes.
• Take the lead on ensuring timely divestments to meet ongoing operational cash requirements as well as rebalancing to maintain target asset allocations.
• Maintain legal documentation with external parties, including fee negotiation and agreeing fund manager objectives, guidelines and restrictions.
• Maintain governance documents (e.g. investment policies, business plans, procedures) and ensure timely and robust decision-making processes are in place.
• Provide support in relation to the production of corporate and pension related accounting statements.
• Monitor investment markets, such as equity and bond performance, and their impact on the financial position of the pension schemes.
• Take charge in setting the agendas for various committee meetings, along with vendor management to ensure smooth delivery.

Basic Qualifications & Skills:

• Qualified investment professional or equivalent experience
• Knowledge of different asset classes and capital markets
• Excellent numeracy, strong attention to detail and an ability to analyse and dissect financial data
• An understanding of liability risk management strategies, including the use of derivatives and collateral management
• Experience in managing simple asset transitions, manager onboarding and terminations
• Excellent project management skills, with experience managing conflicting deadlines and priorities
• Good understanding of financial complexity in a multinational organisation
• Prior experience within a large, complex organisation, fund management business or consultancy

Closing Date for Applications - Tuesday 29th April 2025 (COB)

Please take a copy of the Job Description, as this will not be available post closure of the advert.

When applying for this role, please use the 'cover letter' of the online application or your CV to describe how you meet the competencies for this role, as outlined in the job requirements above.

Why GSK?

GSK is a global biopharma company with a special purpose - to unite science, technology and talent to get ahead of disease together - so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns.

GSK is an Equal Opportunity Employer. This ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), military service or any basis prohibited under federal, state or local law.