At a Glance
- Tasks: Support risk frameworks and deliver key regulatory projects in a dynamic team.
- Company: Join Railpen, a leader in pension fund management with a strong community focus.
- Benefits: Competitive salary, 28 days leave, health cash plan, and employee assistance programme.
- Other info: Inclusive culture that values diversity and offers great career development opportunities.
- Why this job: Make a real impact on governance and risk management while growing your career.
- Qualifications: Understanding of risk frameworks and excellent communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
We have an incredible opportunity for a Framework Analyst to join our team based in London on a fixed term basis until December 2026 (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 Risk Framework Analyst working on the General Code of Practice (GCOP) regulatory project, you will support the Risk Frameworks team in delivering the Own Risk Assessment (ORA) and Enterprise Risk priorities for the Trustee. You will also assist in the development of Enterprise Risk priorities, including the Enterprise Risk Framework, Policy and Directive, Scheme Risk Register, and Internal Controls. You will also support the delivery of the controls element of the Effective System of Governance (ESOG) and perform the ORA as part of the GCOP project. Ensuring timely and accurate delivery of ORA activities in line with the agreed schedule will be a key part of your role.
The Person
We’re looking for someone with a strong understanding of risk frameworks, governance, and compliance requirements, combined with experience in enterprise risk management and internal controls. You should have the ability to manage projects and deliver to tight deadlines, excellent communication and collaboration skills, and confidence to engage stakeholders at all levels. A proactive, detail-oriented approach and the ability to work independently are essential. Collaboration is essential, as you will work closely with external consultants, Change & Transformation teams, and subject matter experts to keep the project on track and aligned with requirements. You may also be asked to carry out other duties as reasonably requested.
You’ll champion our values by influencing and communicating effectively to support decision‑making, collaborating openly with risk peers and business units to share best practices, and acting as a role model for accountability and reliability, ensuring excellence in policy and governance. 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
- A competitive salary (depending on experience)
- 28 days annual leave, plus bank holidays
- Employee assistance programme
- Health cash plan
- Give as you earn scheme
Next Steps
Please apply via the apply button or visit Careers at Railpen by Monday 2nd March 2026. Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
Risk Analyst 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 Risk Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Railpen looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Railpen. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Railpen
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Railpen’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
