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Chief Financial Officer

About the role

Role Summary:

We are seeking an experienced finance professional with proven people leadership skills and strong knowledge from the financial services sector with prior knowledge to investment and pensions being desirable. Successful candidates will be able to demonstrate previous relevant senior management experience of FCA functions or readiness to step up.

As a member of the Senior Leadership Team, the Chief Financial Officer (CFO) is expected to contribute to strategic decision-making and will be fully responsible for the finance and investment back office in line with policies and procedures. Along with this, delivering appropriate review and challenge of other functions in the LPF group so that the financial implications of their activities represent best value and are conducted in line with policies and controls.

Key Responsibilities (including but not limited to)

  • Setting the overall financial budget for LPF Group, including separately its subsidiary companies LPFE Limited and LPFI Limited
  • Producing the financial statements for the LPF Group, including separately its subsidiary companies LPFE Limited and LPFI Limited
  • Producing the Funding Strategy Statement for LPF, including requisite liaison with the Fund's Actuary and consultation with employers
  • Reporting the triennial Actuarial Valuation
  • Responsible for the FCA IFPR requirements, in particular the ICARA process and reporting
  • Producing relevant FCA regulatory returns
  • All funding and actuarial matters arising, including assigning tasks and directing the Senior Pension Employer and Members Manager in respect of these functions
  • Supporting the CEO in developing the strategy and business plan for LPF for approval by the Pensions Committee and subsidiary Boards
  • Responsible for developing and maintaining the supplier management framework and compliance with procurement rules and FCA SYSC regulatory requirements.
  • Ensuring full regulatory compliance and legal requirements. Identification of any potential risk issues.


Lothian Pension Fund – About Us

Lothian Pension Scheme (LPF) is a Scottish Local Government Pension Scheme with a difference. We’re proud of these differences and of our vision: to deliver outstanding pension and investment services for the benefit of our members and employers.

We administer the LGPS in Edinburgh and the Lothians and are one of approximately a hundred local government pension scheme (LGPS) funds in the UK and the second-largest LGPS fund in Scotland. We’re an asset-backed and multi-employer scheme with around ¬£9.6 billion of assets and we were 106% funded at our last valuation in 2020. We’re proud to serve our 87,716 members and 63 employers

We are a multi-award-winning organisation, with a well-established reputation as being innovative, professional, collaborative and forward thinking. We are unique in Scotland in operating an FCA-regulated investment arm, which allows our team to provide advisory services and to manage assets for third parties.

The day to day running of the Fund is carried out by a team employed by an arms-length company which is wholly owned by the City of Edinburgh Council, who act as administering authority and the company is supervised by a Board of appointed and independent Directors. Our functions include investment management, pension administration, employer liaison, data quality, member support, accounting, legal, risk and compliance, people and communications, communications and business admin.

LPF is a growing, vibrant, and exciting place to work. We offer flexible working and a blended work model, working both from home and our spacious city centre office. We have many social and wellbeing initiatives to ensure we keep our sense of community alive even during challenging times.

The continued professional development of our colleagues is important to us, so we provide access to a wide range of resources to build their expertise, skills, and confidence.

LPF is proud to be an inclusive employer. They recognise and celebrate the benefloits that a diverse and inclusive workforce bring to their business, staff and customers. We welcome and will consider all applications regardless of age, disability, gender, race or nationality, religion, or belief.

To view the candidate brochure, please click here.

Should you require more information before applying, please get in touch with Lindsay Cramond at or contact her on 0131 539 7087 for a confidential discussion.