Level 1 Project Manager in London

Level 1 Project Manager in London

London Full-Time No working from home possible
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Project Manager London or Darlington, with hybrid working arrangements.

About the role At Railpen, we’re committed to helping secure our members’ future through responsible investment and continuous improvement.

As Project Manager (Level 1), you’ll support the successful delivery of change initiatives across our Change & Transformation portfolio, ensuring change follows governance and is progressed in a controlled and coordinated way.

Working alongside experienced Project Managers and colleagues across the business and technology teams, you’ll support planning, governance, reporting, risk & issue management and stakeholder coordination.

You’ll also have opportunities to lead defined workstreams or lower‑complexity projects with appropriate oversight, developing your capability through coaching, feedback and hands‑on experience.

To learn more about Railpen including our values, culture and purpose, visit our careers page.

What you’ll be doing

  • Supporting Project Managers with planning, governance, reporting and project controls across projects and smaller change initiatives.
  • Producing and maintaining accurate project documentation, including plans, RAID logs, status reports, actions, decisions and governance materials.
  • Coordinating stakeholder input, meetings, workshops and follow‑up actions to support effective delivery and decision‑making.
  • Tracking milestones, dependencies and progress, taking ownership of assigned actions and following them through to completion.
  • Identifying and monitoring risks, issues, assumptions, dependencies and potential delivery concerns, escalating them appropriately.
  • Coordinating delivery activities across business, technology and third‑party stakeholders to support project objectives.
  • Leading defined workstreams or lower‑complexity projects within agreed scope, tolerances and oversight arrangements.
  • Developing your Project Management capability through coaching, feedback, hands‑on experience and participation in the wider Project Management community.

What we’re looking for

We’re looking for an organised and motivated individual who wants to develop their career in Project Management. You’ll communicate clearly, build positive relationships and take a structured and proactive approach to your work. You’ll be comfortable managing competing priorities, taking ownership of agreed actions and raising risks or concerns early, while being open to feedback and keen to develop your capability.

Essential

  • Strong organisational skills and attention to detail, with the ability to manage multiple priorities and deadlines effectively.
  • Experience of, or the ability to, maintain project plans, milestones, actions, RAID logs and supporting documentation accurately and consistently.
  • Strong written and verbal communication skills, with the ability to prepare clear project updates, reports and governance materials.
  • Good interpersonal and relationship‑building skills, with the confidence to engage constructively with colleagues and stakeholders.
  • Ability to coordinate meetings, workshops, stakeholder activities and follow‑up actions.
  • Ability to identify and appropriately escalat...
  • A structured and logical approach to planning, organising and managing work.
  • Ability to work collaboratively across business, technology and third‑party teams.
  • A willingness to learn and develop Project Management knowledge, tools, techniques and delivery methodologies.

Desirable

  • An awareness of Project Management tools, techniques and delivery methodologies, or a willingness to develop this knowledge.
  • Exposure to change, transformation or project delivery within a regulated or corporate environment.
  • Experience coordinating activities across business, technology or third‑party teams.
  • An interest in pensions, investments or financial services.

Why is this role exciting now?

This is an opportunity to build your Project Management career within a supportive C&T environment. You’ll gain experience across a diverse portfolio of change, learn from experienced colleagues and develop your capability through coaching and hands‑on delivery. As your confidence grows, you’ll have opportunities to take greater ownership and lead defined workstreams or lower‑complexity projects.

What you’ll get in return

  • A competitive salary (depending on experience) plus generous annual bonus plan
  • 28 days annual leave plus bank holidays
  • We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay
  • 4x Life Assurance cover
  • We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

Inclusion at Railpen

At Railpen, diversity, equity and inclusion are core to who we are. We’re committed to creating a workplace where everyone feels respected, supported and able to thrive. Our mission to secure a better future for our members is strengthened by the different perspectives and experiences our people bring. We are transparent about our gender pay gap and are actively committed to addressing it through fair and inclusive recruitment, progression and reward practices. We respect and support individuals’ pronouns and encourage colleagues to share them if they feel comfortable to do so. We’re proud to be an equal opportunity employer. We welcome applicants from all backgrounds and do not discriminate on the basis of age, ethnicity, religion, sex, sexual orientation, gender identity, disability, neurodiversity, or any other protected characteristic. If you need adjustments during the recruitment process, just let us know. At Railpen we know that it’s the talent of our people that makes us good at what we do and enables us to continue to achieve our mission to pay members’ pensions securely, affordably and sustainably. The unique nature of Railpen offers our people a wide variety of interesting opportunities for innovation, thought leadership and personal development. We encourage people to challenge, explore unconventional ideas and give each other the space to learn from our mistakes. We take time to listen to each other’s ideas and understand what we each do, and what we need from each other to help us be at our best. Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.

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Level 1 Project Manager in London employer: Railpen Limited

Railpen Limited is an excellent employer, offering a dynamic work environment in Darlington that fosters collaboration and innovation within the Finance Team. Employees benefit from a hybrid working model, competitive remuneration, and opportunities for professional growth, all while contributing to meaningful financial processes that support the organisation's mission. With a strong emphasis on accuracy and compliance, Railpen encourages its team members to identify and implement process improvements, making it a rewarding place to develop your career.

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Contact Details:

Railpen Limited Recruitment Team