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Board Member

Greater London

London Pensions Fund Authority

Organisation Type

Public sector

Industry / Sector

Financial Services / Banking /Insurance

About The Organisation

As the largest Local Government Pension Scheme (LGPS) provider in London, our Fund is valued at over £8 billion. We are a responsible investor, committed to providing a high-quality, cost-effective pension to benefit our 99,585 members, our 115 contributing employers, London’s communities, and our wider society.

Website URL

https://lpfa.org.uk/

Position Description

As a member of the Board, the post holder will share collective responsibility for the overall governance, strategy and statutory compliance of the LPFA. This includes contributing to the development of LPFA’s strategic direction, approving key strategies and policies, overseeing delivery against agreed objectives, and ensuring that the LPFA fulfils its fiduciary duties to its members, employers and London council taxpayers.

The Board Member will provide independent judgement, constructive challenge and professional insight to support high standards of decision-making, transparency and public accountability. They will act in good faith, in the best interests of the LPFA, and in accordance with the Code of Conduct, Nolan Principles and relevant statutory obligations.

The role includes active participation in board meetings, strategy sessions, training and development activity and engagement with senior officers as appropriate. The post holder will support the Chair and fellow board members in maintaining an effective, diverse and skilled Board, including contributing to ongoing board development and effectiveness.

For full details, see the Job Description and Candidate Pack

Selection Criteria

The role requires a senior professional with significant experience in audit, risk, finance, regulation or assurance gained in a complex or regulated environment. This may include financial services, pensions, investment management, professional services or large public sector or arm’s-length bodies.

The successful candidate will demonstrate strong understanding of governance frameworks, risk management and internal control systems, together with experience of audit oversight and financial reporting. Experience of supporting organisations through regulatory change, control environment improvement or structural transition would be highly valuable.

Previous non-executive, trustee, board or committee experience is highly desirable. Experience of pensions, LGPS or public sector governance is advantageous but not essential.

The post holder will bring sound judgement, independence of thought and the confidence to challenge constructively, alongside the ability to work collaboratively within a board and committee environment. They will demonstrate integrity, strong analytical capability and excellent communication skills.

A clear commitment to public service values, equality, diversity and inclusion, and to LPFA’s purpose as a responsible long-term steward of pension assets is essential.

How to Apply

Review the full Job Description and Candidate Pack at the address below before submitting a Cover Letter and CV to recruitment@lpfa.org.uk

https://lpfa.org.uk/our-story/work-us