Senior Covenant Manager - Leeds (hybrid)

Are you a qualified accountant with a sharp eye for financial analysis and a passion for pensions? We're looking for an experienced Senior Covenant Manager to lead the delivery of our clients covenant assessment and monitoring programme across a diverse portfolio of pension schemes.

This is a pivotal role at the heart of their strategy, offering the opportunity to shape covenant policy, manage a high-performing team, and work directly with scheme sponsors and trustees.

• Lead the assessment and ongoing monitoring of employer covenant strength, using both quantitative and qualitative analysis.

• Oversee a small team of Covenant Managers and Analysts, managing workflows and ensuring timely, high-quality outputs.

• Engage directly with employers to gather financial data, discuss business performance, and support covenant assessments.

• Prepare and deliver high-impact reports and presentations to Trustee and Employer Committees.

• Ensure compliance with The Pensions Regulator’s guidance and evolving industry best practice.

• Respond to ad hoc technical queries and contribute to wider risk management activities.

• Qualified accountant (ACA, ACCA, CIMA or equivalent) with a minimum of 4 years PQE.

• Proven experience in covenant reviews, business reviews, or financial due diligence.

• Strong report writing and stakeholder management skills - confident presenting to senior audiences.

• Project management ability and a proactive, team-oriented approach.

• Knowledge of the pensions sector, employer covenant, and the regulatory landscape.

• (Desirable) Background in professional services, restructuring, or insolvency.

• Work for a leading provider of workplace pensions, supporting over 400,000 members.

• Be part of a collaborative, values-led organisation that embraces innovation and continuous improvement.

• Lead meaningful work that supports long-term financial security for thousands of members.

• Enjoy flexible working, excellent benefits, and a strong focus on personal development.

We’re Inclusive, act with Integrity, always aim to be Innovative, are Customer-focused, strive for Cost-effectiveness, and remain deeply Committed to our purpose.