MT DC Principal

Job profile for MT DC Principal

MT DC Principal Brighton with Hybrid working

13/05/2026 MT DC Principal

The job requirements are detailed below. Where applicable the skills, qualifications and memberships required for this job have also been included.

Job detailsSalary

Salary: from £63,089 per annum depending on skills and experience Job category/type

Governance Job reference

REQ000531

Job description

Title: Principal - Defined Contribution and Master Trust Supervision

TPR Grade & Pay Group: 6-R&O

Reporting to: Segment Lead

Directorate: Market Oversight

Contract: Permanent

Salary: from £63,089 per annum depending on skills and experience

Location: Brighton/hybrid 6 days per month in the office

The role and responsibilities

As a Principal in the Defined Contribution and Master Trust Supervision team, you will lead key supervisory relationships with authorised schemes, ensuring they continue to meet authorisation standards and that emerging risks are identified early.

You will play a central role in developing our supervisory framework to be fit for a future of fewer, bigger schemes, working across TPR and with industry stakeholders to ensure our operational readiness and deepen our understanding of schemes and the risks they present. Alongside your technical responsibilities, you will provide leadership within the team— with line management opportunities, offering coaching, carrying out Quality Assurance checks, setting clear objectives, overseeing delivery and supporting staff development.

You will lead complex interventions, provide expert challenge and guidance, and act confidently and autonomously when making decisions. Your work will contribute directly to our regulatory aims, supporting high quality supervision and strengthening our relationships with the schemes we regulate. You may also work with and oversee elements of our Multi Employer CDC multidisciplinary team, a virtual team of specialists spanning our directorate (Market Oversight) who will be building and rolling out both the authorisation and supervision of this form of scheme.

To fulfil this role, you will have strong pensions or regulatory knowledge, with credibility in complex supervision and external engagement and ideally in the Defined Contribution and Master Trust Supervision. We have several roles and will decide where best to put the successful applicant within the broader Defined Contribution and Master Trust Supervision team, when we finalise this process – according to their skillset and experience.

You will:

• Lead, proactively manage and be responsible for the output of your line reports.
• Take responsibility for the timely delivery of effective and appropriate intervention and outcomes across a portfolio and to be responsible for the delivery of effective regulatory outcomes.
• Ensure effective timely and accurate management of complex and varied master trusts, DC and CDC schemes and achieve required outcomes within the team.
• Identify themes and key risks within the portfolio to feed back to your Segment Lead, Policy and Strategy, including leading external engagement on key issues or complex intervention where required.
• Lead by example ensuring collaboration with all stakeholders across TPR and externally, offering technical advice and guidance. Be comfortable and experienced in having robust and challenging conversations with external stakeholders.
• Create an environment in which the team work together to produce more than they can individually whilst recognising and valuing diversity.
• People – mutual responsibility with team members to make sure that conversations about performance development, feedback and progress against objectives happens.
• Be responsible for the ongoing development and improvement of agreed guidance, processes and policies to support the effective and efficient operation of the department, and - as required – across TPR.
• Represent and promote Defined Contribution and Master Trust Supervision, externally and in the wider TPR community at management, policy and other meetings.

Essential Criteria:

• Have sufficient Master trust and DC pensions or relevant commercial or regulatory experience to be credible with external stakeholders and develop our staff.
• Creative, thoughtful, strategic and intelligent – proven ability to deliver fit for purpose solutions.
• Able to manage and motivate others to deliver to a consistently high standard and adapt to change.
• A decision maker, resilient and assured you will be able to build and maintain relationships with internal and external stakeholders that support our regulatory objectives.
• Have a strong awareness of financial, commercial, political and social landscape

The Team:

You will work closely with the Executive Director and Directors across Market Oversight, as well as other internal colleagues including the Operations Lead for Market Oversight, and other business support functions. You will also interact with partners across TPR and external stakeholders

TPR offers:

• Genuine opportunities for learning and development.
• A values-led, inclusive environment.
• Hybrid working and flexible shift patterns.
• A vibrant workplace with employee networks (Disability, Family, LGBT+, Minority Ethnic, Mental Health, Women’s).

Reward and benefits

We offer 25 days annual leave plus bank holidays, a hybrid working model, 35 hour working week (full-time), flexible working patterns, and flexitime. We also provide competitive parental leave, as well as a Civil Service Pension with an average employer contribution of 28.97%. Our dedicated benefits portal (Edenred) offers retail, gym, tech and restaurant discounts, and a cycle to work scheme.

Our culture

TPR strives to be a high-performing organisation, and we prioritise our people's growth and well-being. We offer various learning, secondment and development opportunities, support flexible working, and foster a diverse and inclusive environment.

Equality, diversity and inclusion is very important to us and we strive to make sure everyone has an equal opportunity to succeed. Our modern Brighton offices are in Telecom House overlooking Preston Park, they are over two floors of a shared building facility and when designed in 2023 we followed the government’s workplace design guide to ensure accessibility by design was achieved for our section.

We're proud to have a range of networks and opportunities to bring people together with supportive and safe spaces to connect with one another.

About The Pensions Regulator

With a career at TPR, you’ll be joining an organisation with real purpose and who are proud of their diverse range of skills and experience that positively impact on millions of people. Everyone at TPR plays an important role in helping to keep more than £2trn of savings safe.

Our Corporate Strategy outlines a bold and challenging vision of how pensions regulation should continue to evolve to keep pace with a change in the scale and nature of the pensions landscape. We believe diversity and inclusion are vital to good decision-making for positive saver outcomes. We’re committed to creating a supportive, inclusive, and dynamic work environment where everyone can thrive; understanding the link between the work we do and its positive impact on society.

Applications

To avoid disappointment, we would invite you to submit your application as soon as possible, as we reserve the right to close the vacancy early if a high volume of applications are received. This is to ensure that we can continue to provide a positive candidate experience, with each application being reviewed and considered. Unfortunately, once a vacancy has closed, we are unable to consider further applications.

Current TPR employees who want to apply for this vacancy should first contact their line manager to discuss their application.

We welcome applications on a part time and job share basis.

Please note that TPR is unable to offer visa sponsorship. All applicants must already hold Right to Work in the UK for the duration of their employment. For more information on Right to Work, please visit Prove your right to work to an employer: Overview - GOV.UK.

Selection and interview

If you are shortlisted for interview, we’ll be in contact with you shortly after the closing date. We aim to respond to every application however due to the large volume of applications this is not always possible. If you have not heard from us within 21 days of submitting your application, please assume you have been unsuccessful on this occasion.

As a Disability Confident Employer, we’re committed to the recruitment, employment, retention, and development of people with disabilities, and to improving their employment opportunities. Candidates who declare that they have a disability and who meet the essential criteria will be an offered an interview. Please note that if we receive a high volume of Disability Confident applicants, we reserve the right to offer an interview to those who best meet the essential criteria.

Diversity and inclusion

TPR is committed to promoting diversity, inclusion and equality in the workplace, creating an environment where everyone is encouraged to be themselves, enabling our people to feel supported, represented and do their best work.

We encourage applicants from all backgrounds and with different identities and experiences to apply for roles with TPR.

Further information

Please visit our website to find out what it is like to work at TPR, our culture, interview process and our commitment to our employees.

If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email . MT DC Principal