Manager, Pensions

Accountable to the Chief Executive Officer for the general administration of the Pension Fund, the expansion and acquisition of new Pension Funds and ARS business opportunities; ensures compliance with the legal and statutory requirements.

Cumax Wealth Management Limited (a subsidiary of the Jamaica Co-Operative Credit Union League Limited {JCCUL}), is seeking to recruit an experienced Manager, Pensions with a passion for creating reliable and advantageous outcomes; is pragmatic, with strong leadership and analytical skills to lead its Pensions Team.

 The Role:-

Under the general direction of the Chief Executive Officer, the incumbent will be responsible for the general administration of the Pension Fund, the expansion and acquisition of new Pension Funds and ARS business opportunities and will ensure compliance with the legal and statutory requirements in order that Cumax achieves its Mission, Vision and Major Targets in a sustainable manner.  Duties include but are not limited to the following:

• Provide strong leadership of the administration of the Pension Fund and ARS to ensure superior performance of the products.
• Ensure full regulatory compliance and reporting with the various bodies and stakeholders.
• Collaborate with the Chief Investment Officer to ensure investment and financial opportunities that are aligned with Fund growth and profitability.
• Collaborate with the Wealth Management Team on Client Acquisition initiatives.
• Act as secretariat/liaison for the Property & Investment Committee and Board of Trustees.
• Manage the relationships with internal departments and external parties—including auditors, actuaries, attorneys, valuators, and government agencies, on all matters relating to Pension Fund administration.

 Minimum Qualifications and Experience:-

• Bachelor’s Degree in Management Studies/Business or its equivalent from an accredited institution

• Training in Pension Fund Administration & Sales
• A minimum of five (5) years working experience in Pension Fund Administration and Sales with at least two (2) years in a related senior role.

 Knowledge, Skills, Competences and Personal Attributes:-

• Excellent oral and written communication skills
• Excellent presentation and selling skills
• Excellent human relations and customer service skills
• Expert knowledge of pension and related legislation and regulations
• Ability to understand and interpret financial statements
• Working knowledge of the local investment and property market
• Sound knowledge of budgeting and planning techniques
• Sound knowledge of local and international pension trends and best practices
• Working knowledge of operational risk management and internal controls and pension software application.

 Special Conditions Associated with the Job:-

• Normal office working environment
• May be required to work beyond normal working hours