Master Trust & IGC Investment Lead

JOB TITLE: Master Trust & IGC Investment Lead

LOCATION: Edinburgh or London

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time at an office hub mentioned above.

About this Opportunity:

We have an exciting opportunity for an Investment Specialist to join our Insurance, Pensions and Investments (IP&I) business in a senior role.

IP&I supports over 10 million customers across investments, retirement and insurance. Through Scottish Widows, one of the UK’s most trusted providers, we focus on delivering strong customer outcomes, high‑quality investment solutions and engaging digital experiences.

In this role, you'll support the development and oversight of our investment propositions, with a focus on Master Trust and IGC arrangements. You'll provide governance, investment oversight and trustee engagement to ensure solutions remain appropriate and aligned to customer needs.

You'll support Trustees and governance forums in meeting their responsibilities and making informed investment decisions.

Working closely with teams including investment proposition, asset allocation, portfolio management, risk and governance, you'll help ensure solutions are designed and managed in line with regulatory expectations and deliver good member outcomes. You'll also contribute to the development of our investment propositions, including sustainability and responsible investment.

We're looking for someone with strong experience in DC investment oversight within trust‑based and/or contract‑based environments. You'll act as a key link between investment development and governance forums, including the Master Trust and IGC, and represent the function with internal and external partners.

What you’ll be doing:

• Act as the primary investment contact for Master Trust Trustees and IGC, building effective working relationships

• Work with investment proposition and specialist teams to ensure Master Trust and IGC requirements are reflected in investment design and change activity

• Prepare and present investment papers to Trustee Boards, IGC and Investment Committees

• Provide insight on investment performance, market developments, risks and governance considerations

• Oversee Master Trust investment arrangements, including default strategies and self select funds

• Deliver investment reporting across performance, suitability, value for money and emerging risks

• Provide challenge on investment proposals from a trustee and member perspective

• Support the ongoing development of the investment proposition in line with market and regulatory change

What we’re looking for?

• Experience in workplace DC pensions, including Master Trust or trust‑based investment governance

• Understanding of contract‑based pension arrangements

• Knowledge of default investment design, fund oversight and investment governance frameworks

• Experience presenting to Trustee Boards or Investment Committees on investment matters

• Knowledge of relevant TPR, DWP and FCA regulation

• Strong analytical skills with the ability to interpret investment data and assess risk

• Clear written and verbal communication skills in a governance or Trustee-facing environment

We know that great talent comes from many backgrounds. If your experience is different but relevant, we’d still love to hear from you.

This is a place for you:

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria through the Disability Confident Scheme.

We provide adjustments throughout the recruitment process to reduce or remove barriers. Please let us know what you need.

Ready for a career where you’ll learn and thrive? Apply today and find out more.