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Lloyds Banking Group

Master Trust & IGC Investment Lead

City of Edinburgh
Posted about 15 hours ago
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End Date

Friday 09 October 2026

Salary Range

£0 - £0

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Are you ready to shape how millions of pension savers experience their investments?

We’re looking for a senior Investment Specialist to lead oversight of our Master Trust and IGC arrangements, working closely with Trustees to drive strong governance, inform key investment decisions and evolve propositions within one of the UK’s largest and most trusted providers.

Job Description

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.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

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Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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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

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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.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

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Location

London, England, United Kingdom

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