At a Glance
- Tasks: Ensure intentional risk management in capital market investing and support quantitative risk modelling.
- Company: Join Railpen, a leader in pension fund management with a strong community focus.
- Benefits: Enjoy 28 days annual leave, health cash plan, and employee assistance programme.
- Other info: Embrace diversity and inclusivity in a dynamic workplace with growth opportunities.
- Why this job: Make a real impact on investment outcomes while working in a collaborative environment.
- Qualifications: Proven experience in risk model validation and strong communication skills required.
The predicted salary is between 50000 - 70000 £ per year.
We have an exciting opportunity for a Senior Technical Risk Analyst to join our Investment Risk Team for a fixed term contract of 15 months, based in our London office (hybrid based).
Who we are
Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds. Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.
The Role
As a Senior Technical Risk Analyst, your role will be to ensure risks taken in capital market investing are intentional, rewarded, well understood, and enable Railpen to meet our client's preferred investment outcomes. You will support quantitative risk modelling across the entire portfolio, including both public and private assets for granular and factor models. This role will support the Senior Model Validation Manager, working with risk system vendor and third party systems to ensure that Railpen’s risk model and analytics remain fit for purpose.
Key to this role will also be to establish and maintain the capability to validate, check, and review risk settings, model choices, proxies, system settings, and all elements related to the risk model output and look to collaborate with other teams to ensure continuous improvement of the risk model and related tools. This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.
The Person
We’re looking for you to demonstrate proven experience in risk model validation or development, within the asset management or financial services industry. You’ll possess a good understanding of risk modelling techniques, and regulatory requirements, as relevant to asset management or pensions management. Your risk systems experience must include MSCI Risk Metric, and its use of CDMS, RML4, RM3D and Web Services.
You will have the ability to communicate, engage and influence senior stakeholders, committees and boards through concise and impactful language, despite complexity of subject matter. We are looking for someone who is keen to take responsibility, raise issues early and make sure stakeholders receive the information they need when they need it. You will be open-minded, focused on consistent and regular delivery of high quality output, effectively balancing different pieces of work and managing changes in the team’s accountabilities and priorities.
Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members.
What we can offer you
- 28 days annual leave, plus bank holidays (pro rata)
- Employee assistance programme
- Health cash plan
- Give as you earn scheme
Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
Senior Technical Risk Lead in London employer: Railpen
Railpen is an exceptional employer, offering a unique opportunity to contribute to the management of one of the UK's largest pension funds while being part of a supportive and inclusive work culture. With a strong focus on employee well-being, we provide generous benefits such as 28 days of annual leave, a health cash plan, and an employee assistance programme, all within a hybrid working environment in London. Our commitment to integrity, community, and alignment fosters professional growth and encourages collaboration, making Railpen a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Technical Risk Lead in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Railpen.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
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Keep your eyes peeled on job boards specifically for finance roles. Companies like Railpen might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Senior Technical Risk Lead in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Railpen will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Railpen. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Railpen confidence in your short-term commitment to the role.
How to prepare for a job interview at Railpen
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Railpen.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Railpen that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
