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Pension Director Jobs in Silver Spring, MD (NOW HIRING)

Senior Director, SIOP

Baltimore, MD ยท On-site

$165K - $185K/yr

The Senior Director, SIOP is responsible for leading DAP's integrated demand, supply, inventory ... Employer-funded pension plan * Tuition Reimbursement Pay Range * $165k- $185k per year. About DAP ...

Director of Budget Management

Baltimore, MD ยท On-site

$113K - $122K/yr

Introduction If you are looking for an exciting career with great benefits, pension, generous leave ... In addition, this position provides direct fiscal oversight for multiple DPSCS budgetary programs ...

Sr. Director, SIOP

Baltimore, MD ยท On-site

$165K - $185K/yr

The Senior Director, SIOP is responsible for leading DAP's integrated demand, supply, inventory ... Employer-funded pension plan * Tuition Reimbursement Pay Range * $165k- $185k per year. About DAP ...

The Senior Director, SIOP is responsible for leading DAP's integrated demand, supply, inventory ... Employer-funded pension plan * Tuition Reimbursement Pay Range * $165k- $185k per year. About DAP ...

The Senior Director, SIOP is responsible for leading DAP's integrated demand, supply, inventory ... Employer-funded pension plan * Tuition Reimbursement Pay Range * $165k- $185k per year. About DAP ...

Sr. Director, SIOP

Baltimore, MD ยท On-site

$165K - $185K/yr

The Senior Director, SIOP is responsible for leading DAP's integrated demand, supply, inventory ... Employer-funded pension plan * Tuition Reimbursement Pay Range * $165k- $185k per year. About DAP ...

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Showing results 1-20

Pension Director information

See Silver Spring, MD salary details

$24.3K

$125.6K

$195.9K

How much do pension director jobs pay per year?

As of Aug 7, 2026, the average yearly pay for pension director in Silver Spring, MD is $125,627.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,200.00 and $152,500.00 per year, depending on experience, location, and employer.

What are the primary challenges faced by a pension director in managing organizational pension plans?

One of the main challenges for a Pension Director is ensuring ongoing compliance with evolving government regulations and adapting to changes in retirement laws. Pension Directors must also balance the financial health of the plans with organizational constraints, requiring both proactive risk management and strategic decision-making. Regular collaboration with HR, finance teams, and external advisors is essential to address employee inquiries, optimize investment strategies, and handle complex plan designs. Staying current with industry trends and legislative updates is crucial to managing these responsibilities effectively and ensuring plan participants' security.

What does a pension director do?

A Pension Director oversees the management and administration of an organization's pension plans, ensuring compliance with legal regulations and fiduciary responsibilities. They develop strategies for pension fund investments, coordinate with financial advisors, and manage risk to ensure plan sustainability. Additionally, they communicate with employees and retirees about their benefits and any plan changes. Their role is crucial in ensuring financial security for plan participants while maintaining the organization's financial health.

What are the key skills and qualifications needed to thrive in the pension director position, and why are they important?

To thrive as a Pension Director, you need deep expertise in pension plan administration, actuarial analysis, and regulatory compliance, typically supported by a degree in finance, business, or a related field. Familiarity with pension management software, financial modeling tools, and certifications such as CEBS (Certified Employee Benefit Specialist) or ASPPA credentials are common requirements. Exceptional leadership, communication, and strategic planning skills help you effectively guide teams and liaise with stakeholders. These skills are crucial for ensuring the financial integrity, legal compliance, and long-term sustainability of organizational pension plans.

What job categories do people searching Pension Director jobs in Silver Spring, MD look for? The top searched job categories for Pension Director jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Pension Director jobs? Cities near Silver Spring, MD with the most Pension Director job openings:
Infographic showing various Pension Director job openings in Silver Spring, MD as of July 2026, with employment types broken down into 81% Full Time, and 19% Part Time. Highlights an 88% In-person, and 12% Hybrid job distribution, with an average salary of $125,627 per year, or $60.4 per hour.

WBG Director, Pension Department

World Bank

Washington, DC โ€ข On-site

Other

Posted 18 days ago


Job description

The World Bank Group is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a livable planet. As one of the largest sources of funding and knowledge for developing countries, we help solve the world's greatest development challenges. When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and 182 offices worldwide. We work with public and private sector partners, invest in groundbreaking projects, and use data, research, and technology to bring tangible and transformative change around the globe. For more information, visit www.worldbank.org

The Pension Department (PEN) is responsible for the management of the post-retirement benefit Plans of the World Bank Group. PEN fulfills its fiduciary mandate under a strong governance framework established by the World Bank Group, under the oversight of the Pension Finance Committee, chaired by the Managing Director & Chief Financial Officer (MDCFO). PEN is part of the WBG Treasury Vice-Presidency. Its activities encompass the key functions related to the management of the Pension Plans and are organized into three teams: Pension Investments (PENIN); Pension Middle-Office (PENMO); and Pension Administration (PENAD). In addition, PEN has a front office team comprising the Chief Actuary for Pension, the Risk Management Team, and administrative and analytical support to the PEN Director. PEN is a department of approximately 90 professional staff who are experts in key aspects of managing a pension plan. PEN manages over 45 billion in assets as of end 2025 and serves over 31,000 Plan participants and beneficiaries.

The Director of the Pension Department and Chief Investment Officer will report to the WBG Vice President and Treasurer and will serve as a member of the Senior Leadership Team, alongside the WBG Directors of the other Treasury Departments and the Manager of Treasury's Risk, Compliance & Controls unit. The Director will be accountable for the overall management of the pension functions, including investment, reporting and risk oversight, and administration.

Duties and Accountabilities

Strategic Leadership and Business Management

Shapes and drives the Department's business strategy in collaboration with the Pension Finance Committee (PFC), Treasury Senior Leadership Team (SLT), and Finance Partners, directing the work program across PEN's three core teams - Pension Investments (PENIN), Pension Middle-Office (PENMO), and Pension Administration (PENAD) - as well as the front office team, including the Chief Actuary, the Risk Management Team

Champions the highest fiduciary standards in all decision-making and enforces full compliance with the rules and regulations governing the WBG's post-retirement benefit Plans, under the oversight of the Pension Finance Committee chaired by the MDCFO.

Establishes and strengthens robust internal controls and processes to manage operational risks, compliance, and business continuity arrangements across all PEN systems and operations.

Drives delivery of high-quality outputs and reports in a timely manner, instituting rigorous quality control processes to meet the expectations of the Pension Finance Committee, senior management, and Plan participants.

Anticipates industry trends and technological developments, spearheading adoption of innovations in investment management, pension administration, data analytics, and process automation where strategically warranted.

Champions operational excellence by pursuing continuous improvements in efficiency through technology, process simplification, and strategic engagement with service providers.

Represents PEN in WBG-wide task forces, working groups, and committees; leads the response to corporate and external demands on matters related to pension plan management.

As a member of the Treasury SLT, contributes to the strategic and tactical discussions of the WBG Treasury's business.

Investment Leadership (CIO function)

As the Chief Investment Officer, exercises strategic oversight of PEN's investment portfolio, currently exceeding 45 billion in assets, ensuring prudent stewardship and long-term financial sustainability of the Pension Plans in the best interests of approximately 31,000 Plan participants and beneficiaries.

Oversees Strategic Asset Allocation, portfolio construction, and performance.

Serves as the Chair of the Investment Committee.

Relationship Management (Internal and External)

Cultivates and sustains high-impact relationships with business partners, senior management, and governing bodies, ensuring strategic alignment and clear communication on the direction of programs and initiatives.

Fosters a culture of collaboration and integration within the Department, across Treasury, and with key partners - including ITS and Finance Partners - to maximize operational effectiveness and service delivery to Plan participants and beneficiaries.

Establishes and expands an influential network of peers across international organizations (e.g., other MDBs, UN agencies, and peer pension funds) and private sector counterparts to advance knowledge exchange and import leading-edge best practices.

People and Talent Management

Inspires and galvanizes a team of approximately 90 financial professionals, instilling a shared sense of purpose aligned with the WBG's mission, fiduciary obligations, and the interests of Plan participants and beneficiaries.

Cultivates a high-performance culture through strategic direction, coaching, and ongoing feedback, supporting the professional growth and career development of staff at all levels.

Designs and implements learning and development strategies to sustain a world-class workforce with cutting-edge expertise in pension investment, actuarial science, risk management, and administration.

Resource Management

Determines strategic staffing needs and annual budget requirements, ensuring the agreed-upon work program is delivered through cost-effective allocation of resources and in full compliance with internal controls and procedures.

Establishes and maintains a robust risk management framework - including overseeing the Risk Management Team and Chief Actuary on actuarial assumptions, funding status, and investment risk - to safeguard the Department's strategic objectives and the long-term soundness of the Pension Plans.