Senior Pension Specialist

Senior Pension Specialist

Type : Permanent

Location : Toronto

Posting Date : May 1st, 2024

At OPTrust, is our mission and business.

When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – from London, Toronto, and Sydney – makes a meaningful impact, our environment is fast paced, but we find time to have fun and give back to the community as well. Our strength resides in our team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone.

What OPTrust Offers You

Unique culture rooted in our core values – collaboration and teamwork, integrity, respect, flexibility, and excellence and continuous improvement – reflected across the team.

Dedicated business strategy for inclusion, diversity and equity with multiple, meaningful opportunities to participate.

Flexible, hybrid work model being implemented to balance the benefits of working from home and the collaborative teamwork experience in the office.

Membership in our world-class defined benefit pension plan.

A purpose-driven environment, including the opportunity to contribute to OPTrust’s climate change and responsible investing programs.

Professional development opportunities and learning initiatives including access to LinkedIn Learning, in-house speaker series, tuition reimbursement program and professional association memberships.

Comprehensive benefits package focused on your health and wellness, including dental, vision and extended health benefits.

Opportunity to take parental and adoptions leaves to spend time with family.

Competitive vacation package and time away from work such as work-life balance days.

If you strive for excellence and continuous improvement, value a collaborative and flexible team culture, and approach everything with integrity and respect, then we invite you to apply to join our team!

About the Role

This role is responsible for pension domain and OPTrust system data expertise to lead data analysis activities for the PATH program. The incumbent will identify, inventory, prioritize, and collaborate to resolve data defects supporting the success of the PATH program. This role also develops and oversees the execution of new processes, templates, and related training programs, and detects, recommends, and implements solutions to complex data integrity and pension administration issues with employers, internal business support partners and developers.

What You’ll Do

Establishes, and co-ordinates internal work processes, procedures and controls related to the cycle of data migration and reconciliation, data mapping / extract for calculations and statements, and various standard reporting requirements.

Prepares and delivers statistical reports and presentations on results / findings / recommendations related to migration activities, identifies issues / risks to operational data management functions, identifying and documenting trends and problems with data.

Responsible for ensuring analysis and remediation activities are managed appropriately reflective of data migration scheduling and all supporting documentation is maintained.

Provides or liases with related subject matter experts to gather technical information / guidance on matters such as pension legislation, reciprocal transfer agreements, and plan documentation as well as administration requirements on future administrative procedures.

Relationship manager for members, employers, and internal business to support successful system implementation and associated change management.

Creates training and communication materials for various audiences such as members, union groups, employers, prospective employers, and internal staff for pension system implementation processes.

Designs and develops training programs, training materials and conducts required training.

Recommends and implements solutions for complex data integrity and pension administration problems and issues that arise.

Collaborate with PATH team members, other internal, and external stakeholders, to support quality assurance activities including support for external audit, reconciliation / control reporting, and unit / user acceptance testing activities.

Keep the management and team members informed and escalate issues, where appropriate, to prevent issues from negatively impacting the implementation.

What You Bring

Post-Secondary Degree or Diploma

Completion of PPAC or CEBS certification required

Advanced knowledge of pension plan administration and of related legislation / Plan provisions including the OPSEU Pension Plan text, the Pension Benefits Act, the Family Law Act, and federal statutes such as CPP, EI and the Income Tax Act

Proven experience of database systems operations, preference toward pension administration systems in use at OPTrust or equivalent within the industry.

Proven experience using MS Office Suite (Excel, PowerPoint, PowerBI)

Effective mathematical aptitude

Proficient in research, analytical and reporting abilities

Excellent organizational skills

Self-starter with solid project leadership skills, agile experience an asset

High degree of accountability and personal leadership

Effective interpersonal, verbal, and written communication skills

Proven experience in client service orientation to deal effectively with a wide variety of stakeholders with sensitivity, diplomacy, and tact

Please submit your application via Workday by May 14, 2024.

We thank all interested applicants, however only those under consideration will be contacted.