At a Glance
- Tasks: Execute trades and analyse data to enhance trading outcomes for clients.
- Company: Join Railpen, a leader in pension fund management with a strong community focus.
- Benefits: Competitive salary, generous leave, private medical insurance, and a rewarding bonus plan.
- Other info: Enjoy hybrid working, flexible hours, and excellent career development opportunities.
- Why this job: Be part of a dynamic team that values innovation and continuous learning in trading.
- Qualifications: 3-7 years trading experience, proficiency in programming, and a passion for data analytics.
The predicted salary is between 59400 - 72600 £ per year.
An exciting opportunity has arisen to join our Investment team as a Trader, based in London (hybrid working) on a permanent basis.
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. 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.
The role
Railpen’s Trading Desk is responsible for the execution of the firm’s Public Markets cross-asset trading activity (Equities, ETFs, Fixed Income, Derivatives & FX). The Trading Desk works closely with various investment and non-investment teams across the business to sustain and enhance our execution capabilities with a focus on achieving best execution for our client. A unique aspect of a Trader role at Railpen is that while execution is the primary focus of the desk, a significant portion of the teams’ time is dedicated to trade analysis, research projects and investigating/deploying new technologies that can be used to enhance the outcome for the client.
Key Responsibilities
- Execute all trades in accordance with Railpen’s Order Execution Policy to achieve the best possible outcome for our client.
- Utilise Transaction Cost Analytics (TCA), data analytics and market structure knowledge to improve and enhance trade execution processes and outcomes. Where appropriate develop and deploy new algorithmic strategies and/or new technologies to reduce implicit and explicit trading costs and to minimise operational risk.
- Assist in the preparation and presentation of internal trade data, analytics and reports.
- Maintain and develop counterparty relationships to improve liquidity access and execution quality while enhancing Railpen’s reputation within the market.
- Proactively engage and collaborate with the relevant internal Railpen teams to enhance the execution outcome for our client.
This role is classified as a ‘Certified Person’ under the Senior Managers and Certification Regime (SMCR) and will therefore be subject to the additional requirements prescribed by the FCA.
The person
We are looking for an analytically minded trader with experience in electronic equity trading and a desire to develop within a multi-asset trading desk environment. Beyond execution expertise, we are seeking someone with a genuine curiosity for markets and data, someone who enjoys spending time digging into the detail to identify issues and areas for improvement. The successful candidate will possess an inquisitive mindset, a commitment to continuous learning, and a strong interest in coding, data analytics, macroeconomics and market structure. Effective communication skills and strong attention to detail are essential.
Essential Knowledge, Skills and Experience
- 3-7 years' trading experience on a buy-side or sell-side trading desk.
- Experience trading equities using algorithms.
- Proficiency in at least one programming language (e.g. Python, SQL or VBA), ability to analyse large datasets and use APIs.
- Demonstrated interest in technology, data analytics and process improvement.
- Self-motivated with a commitment to continuous learning and professional development.
- Strong analytical, communication and problem-solving skills with excellent attention to detail.
- Degree educated and IMC qualified (or equivalent).
Desirable Knowledge, Skills and Experience
- Exposure to additional asset classes including Rates, FX, Derivatives (Futures, Commodities, Options), ETFs, Credit.
- Ability to engage effectively with portfolio managers across equity and macro strategies.
What we can offer you
- A competitive salary (depending on experience).
- 28 days annual leave plus bank holidays.
- Generous annual bonus plan.
- 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.
- Colleague referral scheme.
- Health & Wellbeing Private Medical Insurance.
- Employee assistance programme.
- Health cash plan.
- Eye care vouchers.
- Flu vaccination.
Lifestyle
- 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.
- Buy and sell holidays.
- Give as you earn scheme.
- Paid volunteering days.
- Flexible half days leave.
- Electric vehicle leasing.
- Cycle to work scheme.
Next Steps
Please apply for the apply button or visit Careers Page by 10th September 2026. Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
Trader - Multi-asset execution & data analysis in London employer: Railpen
Railpen is an exceptional employer that values its employees by offering a dynamic work culture and a supportive environment for professional growth. With the opportunity to work closely with the CFO in a high-impact role, employees benefit from competitive salaries, generous annual leave, and flexible hybrid working options, making it an ideal place for those seeking meaningful and rewarding employment in London.
StudySmarter Expert Advice🤫
We think this is how you could land Trader - Multi-asset execution & data analysis in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Railpen. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trader - Multi-asset execution & data analysis in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Railpen.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Railpen's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Railpen
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Railpen.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Railpen will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Railpen employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
