Director, Pensions

2 weeks ago

Vancouver, Canada UBC Full time

Staff - Non Union

Job Category
M&P - Excluded M&P

Job Profile
XMP - Human Resources, Level E

Job Title
Director, Pensions

Department
Senior Leadership | Central Human Resources

Compensation Range
$11,364.67 - $17,733.42 CAD Monthly

The Compensation Range is the span between the minimum and maximum base salary for a position. The midpoint of the range is approximately halfway between the minimum and the maximum and represents an employee that possesses full job knowledge, qualifications and experience for the position. In the normal course, employees will be hired, transferred or promoted between the minimum and midpoint of the salary range for a job.

Posting End Date
April 29, 2024

**Note**: Applications will be accepted until 11:59 PM on the day prior to the Posting End Date above.

Job End Date

At UBC, we believe that attracting and sustaining a diverse workforce is key to the successful pursuit of excellence in research, innovation, and learning for all faculty, staff and students. Our commitment to employment equity helps achieve inclusion and fairness, brings rich diversity to UBC as a workplace, and creates the necessary conditions for a rewarding career.

Job Description Summary

The Director, Pensions is a strategic leadership position responsible for the planning, development, implementation, communication, and management of the Pension Administration Office, which oversees the administration of the University's faculty and staff pension plans in alignment with overall human resources and institution-wide goals. The role is responsible for the strategic direction and operational effectiveness of a team of professional, technical, and support staff providing pension administration, systems, finance, communications, and office administration. As a leader in human resources, this position contributes to strategic organizational initiatives, policy and program development, and major projects.

Organizational Status

Reports to the Executive Director, Organizational Health, Benefits and Pensions. Directs a team of professional, technical, and support staff in the Pension Administration Office.

Consults with and receives direction from the Executive Director, Pensions for the faculty pension plan and the staff pension plan as well as the Executive Director, Investments for the faculty pension plan, together the Executive Directors. Liaises externally with the plan's custodians and insurance carriers.

Work Performed

In collaboration with the Executive Directors, sets the strategic direction for the Pension Administration Office within the context of University-wide human resources strategies and in support of the University's overall mission and direction.

Develops appropriate procedures and mechanisms to legally and administratively manage the faculty and staff pension plans in accordance with trust and plan documents, ensuring compliance with applicable provincial and federal legislation.

Manages a team of professional, technical, and support staff in the Pension Administration Office including establishing priorities and objectives, allocating necessary resources, coaching and managing staff performance, and providing training and development opportunities.

Performs ongoing quality assessments of in-house administration systems to maintain high quality standards. Prioritizes and initiates system development and change requests to ensure the plans systems are up-to-date and utilized for maximum effectiveness.

Participates in the annual human resources budgeting process, manages assigned budgets and funds, and provides reports, analyses and updates for same. Contributes to and participates in the development of the annual budgets for the faculty and staff pension plans.

Provides leadership and expertise in the identification, planning, development, communication and implementation of comprehensive programs and processes that are responsive to ever changing institutional and community contexts. Participates in projects with the potential for legal, financial and reputational impact across the organization.

Represents UBC Pension Plans externally at industry functions on a provincial and national basis.

Monitors trends and emerging thinking in the pension and investment industry and the changing regulatory environment. Proactively reviews and analyzes the faculty and staff pension plans policies, procedures, systems and processes in relation to changing requirements and conditions.

Acts with delegated authority and independent judgement for the Executive Directors, as required.

Consequence of Error/Judgement

Strategic and operational decisions and recommendations regarding pension and investment practices may have University-wide legal, financial, contractual, reputational, and operational implications.

Supervision Received

Works under the broad direction of the Executive Director, Organizational Health, Benefits and Pensions, with guidance and direction from the Executive Director,

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