Job Title

Join LGPS Central at a pivotal point in our transformation, shaping core business processes and building lasting internal capability.The Business Analyst will lead the capture and definition of the current-state (AS-IS) operating model and support the design of the future-state (TO-BE) model across LGPS Central's operations, investment services, and governance structures.Working closely with internal and external stakeholders, the postholder will shape and document recommendations that align with our pooled investment structure, regulatory obligations, and strategic ambitions.What you'll be doing:As a Business Analyst, a flavour of what you will get involved in includes:Target Operating Model (TOM) DesignLead workshops and analysis to capture the AS-IS operating model, covering investment management, operations, compliance, risk, governance, and reporting.Design scalable, efficient TO-BE models that integrate people, processes, data, and systems.Ensure alignment with LGPS pooling objectives, regulatory requirements, and good governance principles.Produce detailed artefacts including process flows, capability models, service blueprints, and functional diagrams.Business Analysis & Process ImprovementConduct gap analysis to identify areas for improvement, transformation, or simplification.Translate strategic and operational needs into business requirements for the TOM.Support business case development and provide clear documentation to support decision-making.Engage with third-party providers (e.g. administrators, custodians) to understand operating model interdependencies.Stakeholder EngagementCollaborate with teams across investments, operations, finance, compliance, governance, and partner funds.Facilitate workshops and interviews to gather insights, validate assumptions, and co-design solutions.Build trust and ensure stakeholder voices are represented in all aspects of model development.Communicate complex information clearly to senior leadership and governance forums.Delivery SupportContribute to implementation planning and change impact assessments.Track and document requirements, risks, assumptions, and dependencies.Ensure traceability from analysis to design to outcomes, supporting benefits realisation.Support alignment with LGPS Central's values of integrity, service, and transparencyAbout UsLGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.LGPS Central's Partner Funds are:Cheshire Pension FundDerbyshire Pension FundLeicestershire Pension FundNottinghamshire Pension FundShropshire Pension FundStaffordshire Pension FundWest Midlands Pension FundWorcestershire Pension FundThe Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.RequirementsProven experience as a Business Analyst leading operating model design in an LGPS, asset management, or public pensions context.Strong understanding of pooled investment structures, public pensions governance, and regulatory requirements.Skilled in business process mapping and analysis (e.g. BPMN, Lean).Experience working with investment operations, risk, compliance, and front-to-back-office teams.Confident facilitating workshops, engaging stakeholders, and writing high-quality documentation.Comfortable working in a hybrid environment, with three office-based days in Wolverhampton.Ability to document processes using MS Visio or other process modelling tools (e.g. ARIS, Bizagi).Experience of process standardization, workflow management, and identifying processes that require risk controls and optimization.Qualifications:Degree in Business, Finance, Public Administration, or equivalent experience.Business Analysis qualification (BCS, IIBA, or equivalent) desirable.Project/change management certification (e.g. PRINCE2, AgilePM) advantageous.What do we offer?We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:Competitive salaryAn enhanced and generous Pension Scheme30 days' paid holiday plus bank holidays2 days paid volunteering daysAn extra paid Company Day in addition to paid holidaysExcellent Learning & Development OpportunitiesWelfare and Family friendly policiesEnhanced pay for new parentsAccess to our Employee Assistance Programme 247 Health & Wellbeing SupportVitality Private Medical InsuranceHybrid WorkingCompany Service AwardsCycle to Work SchemeCompany Electric Vehicle SchemeNominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023Winner of Diversity and Inclusion Award LAPF In Investments Award 2023