The Pensions Ombudsman (TPO) is a tribunal Non-Departmental Public Body (NDPB) sponsored by the DWP.
The Pensions Ombudsman is an independent statutory Commissioner appointed by the Secretary of State for Work and Pensions. The Ombudsman can investigate complaints of maladministration by the trustees or managers of a pension scheme, or by an employer on a pensions matter. TPO supports the Ombudsman, and the Deputy Pensions Ombudsman, by providing an accessible, free, and impartial service for people with complaints about their pension scheme to help them resolve their dispute without having to go to court. The decisions of the Ombudsmen are legally binding but in the first instance the organisation will try to resolve issues and disputes informally.
The TPO Board was established following a review in 2019 which recommended that a full board structure with a majority of NEDs be put in place to improve the governance of the growing organisation.
The role of the Chair
The Chair of TPO will play a pivotal role in steering our organisation towards a bright and impactful future. We seek an individual who embodies leadership, strategic foresight, and a genuine commitment to TPO’s values and mission. Key responsibilities and attributes include:
- Leadership Excellence: Guide and support the Ombudsman and the Executive Team while holding them accountable for the delivery of TPO’s strategic objectives and financial integrity;
- Strategic Oversight: Working with the Ombudsman to set TPO’s strategic direction ensuring alignment with DWP ministerial priorities while promoting the efficient and effective use of staff and other resources;
- Cultural Ambassador: Champion TPO’s values, fostering a culture of fairness, collaboration, openness, trust, respect, and continuous learning within the organisation;
- Agenda Setting: Shape board meetings to focus on strategic objectives and incorporate critical, emerging topics;
- Board Integration: Oversee the induction of new board members, ensuring they are well-integrated and understand their roles and responsibilities within TPO’s governance framework;
- Innovative Mindset: Leverage your experience to encourage fresh thinking and problem-solving, demonstrating independence of thought and a curious, innovative mindset to drive forward TPO’s transformation agenda;
- Governance Expertise: Ensure TPO’s affairs are conducted with probity. Conduct performance evaluations and ensure the effectiveness of the board and its members is reviewed including annual assessment of the performance of the board and individual board members, and an external effectiveness review every three years;
- Strategic Communication: Exhibit outstanding communication skills, articulating TPO’s vision and strategic plans with clarity and enthusiasm;
- Diversity and Inclusion: Lead with a commitment to diversity and inclusion, creating a space where every voice is valued and contributes to TPO’s collective success;
- Passion for Transformation: Bring a passion for driving transformation, whether through technology, public sector innovation, or other avenues, to propel TPO organization forward;
- Commitment to Impact: Show a sincere dedication to making a meaningful impact on TPO organisation and the people it serves; and
- Demonstrating commitment to the Code of Conduct for Board Members of Public Bodies and the Seven Principles of Public life set out by the Committee on Standards in Public Life (see Annex 1).
- Value for money and ensuring organisational effectiveness : delivering cost effective solutions and ensuring financial responsibility to maximise organisational efficiency and stakeholder value.
This role is not just a position but a chance to make a significant, positive difference in TPO and the wider community to ensure fairness and accessibility to TPO services. If you are ready to lead with vision, integrity, and a commitment to excellence, we welcome your application.
Essential Criteria
- Strong and effective senior leadership qualities including the ability to shape and support the delivery of agreed goals, priorities and statutory obligations, and the ability to lead through others;
- The ability to operate constructively and build positive relationships with board level and senior stakeholders - in particular, the ability to engage and build effective relationships quickly with stakeholders in the Pensions industry;
- Some excellent chairing experiences of board committees and communication skills including the ability to influence people;
- Experience and a strong passion for driving organisational transformation, particularly through technology or innovations;
- An excellent knowledge of corporate governance and a clear understanding of the role of the executive versus that of non-executive; and
- The ability to fulfil the role with professional integrity, exemplifying the highest standards of behaviour in public life.
Desirable Criteria
- Understanding of the Ombudsman or dispute resolution sector; and
- You will understand the economic and political environment within which the public sector operates.
Location: Board meetings are usually held in the TPO offices at 10 South Colonnade, Canary Wharf, London, E14. However, depending on circumstances, board meetings may adopt hybrid models with some attendees being present in person and others joining remotely.
Remuneration: £24,000 per annum
Time Commitment: Minimum time of 36 days per year
Length of Term: Fixed term of between three and five years.
The vacancy closes at 17.00 on 13/12/24. For more information and to apply to this role please visit the link below.