Moon Consulting Executive Search and Business News

Chief Operating Officer - Central Bristol

Written By Simon Quinn - 19th May 2017


Chief Operating Officer

Central Bristol, Total Reward Package IRO £145k


Brunel Pension Partnership (BPP Ltd), is a newly formed company which will undertake investment work for ten Administering Authorities of the Local Government Pension Scheme, namely those which operate the LGPS Funds of Avon, Buckinghamshire, Cornwall, Devon, Dorset, the Environment Agency, Gloucestershire, Oxfordshire, Somerset and Wiltshire. The collective assets of the pool are approximately £25billion. The business will be based in new offices close to Temple Meads, Bristol.


Moon Consulting has been appointed to establish an executive management team, and is now seeking to appoint a Chief Operating Officer (COO) to implement, lead and develop an efficient operational environment. The COO will manage day-to-day operations across the business, playing a critical role in the provision of BPP Ltd's services to its Clients. This role is a board-level position that requires an individual to construct and oversee a culture that delivers BPP Ltd's high business standards and meets its regulatory obligations.


The COO will report to the Chief Executive Officer and be a member of the BPP Ltd Board of Directors. The COO will have three direct reports within its Operations Directorate and oversee and manage, as a holder of a Significant Influence Function and in conjunction with the remainder of the executive team, BPP's continuing obligations to its Clients, regulators and the market and must comply with the Statements of Principle and Code of Practice.


Duties specific to the COO role, include (but are not limited to);


Managing a seamless Operations Directorate across BPP Ltd, working closely with the executive team across the following areas: Investment Operations; Finance and Tax; Human Resources; IT Infrastructure; and Outsourcing oversight, for example, BPP Ltd's chosen Investment Administrator.


Ensuring the financial integrity of BPP Ltd through sound and effective financial management within the Operations Directorate. This includes: Developing of financing solutions to meet the needs of the business; Producing external financial accounts; Liaising with external auditors and internal management accounts; and reporting to the Board and the Audit, Risk and Compliance Committee, accordingly.


The monitoring and oversight of all outsourced functions and the relevant third party service providers. This would include management, within the Operations Directorate, of the following: Ensuring BPP Ltd's compliance with its obligations as an FCA-authorised Investment Manager, in relation to Outsourcing; Managing, monitoring and resolving operational incidents; Agreeing and monitoring SLAs and KPIs; and Negotiating and managing the relevant ratecards / tariffs.


UK-based travel as required.


We are interested in talking with applicants with significant relevant experience in a commercial operational environment, ideally within an FCA-regulated business. Experience should include oversight and management of outsourced investment operations, contracts, service levels and key performance indicators. You should be able to become an FCA Approved Person, demonstrate fitness and propriety and continue to meet such standards. In addition, you will be financially literate, ideally holding a relevant accountancy or finance qualification and should be able to demonstrate the ability to negotiate and manage complex projects involving internal and external stakeholders.


To express formal interest, please send a CV and covering letter to quoting reference BPP/COO. The closing date for applications is Friday 9th June 2017. For initial confidential questions, please contact Simon Quinn or Sandy Hinks on 01275 371 200.

Brunel Pension Partnership has retained Search Firm Moon Consulting to establish an executive management team and therefore are unable to accept CV's from third party agencies. All CV's and expression of interest received will be forwarded directly to Moon Consulting for consideration.


NB: Moon Consulting is committed to promoting equal opportunities for all and does not discriminate against any applicant at any stage of the recruitment process.