At a Glance
- Tasks: Ensure intentional risk-taking 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 competitive salary, 28 days leave, health perks, and paid volunteering days.
- Other info: Be part of a diverse team that values integrity and community.
- Why this job: Make a real impact on investment outcomes while working in a hybrid role.
- Qualifications: Experience in risk model validation and strong communication skills required.
The predicted salary is between 60000 - 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). 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
- A competitive salary
- 28 days annual leave, plus bank holidays (pro rata)
- Defined Contribution pension
Health & Wellbeing
- Employee assistance programme
- Health cash plan
- Eye care vouchers
- Flu vaccination
Lifestyle
- Give as you earn scheme
- Paid volunteering days
Next Steps
Please apply for the apply button or visit Careers Page by 5pm on 19th June 2026. 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 Analyst employer: Railpen
Railpen is an exceptional employer, offering a dynamic work environment in the heart of London where you can make a meaningful impact on the lives of pension scheme members. With a strong commitment to employee well-being, we provide competitive salaries, generous leave, and a range of health benefits, alongside opportunities for professional growth and development within a culture that values integrity and community. Join us in our mission to safeguard the future of the rail industry while enjoying a hybrid working model that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Technical Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those connected to Railpen. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by brushing up on your risk modelling knowledge. Be ready to discuss specific techniques and tools you've used, like MSCI Risk Metric. Show them you know your stuff!
✨Tip Number 3
Practice your communication skills. You’ll need to explain complex ideas clearly to senior stakeholders. Try explaining your past projects to a friend or family member to get comfortable with it.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Technical Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Technical Risk Analyst role. Highlight your experience in risk model validation and development, and don’t forget to mention your familiarity with MSCI Risk Metric and other relevant systems.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your skills align with our values of integrity, community, and alignment. Keep it concise but impactful!
Showcase Your Communication Skills:Since this role involves engaging with senior stakeholders, make sure to demonstrate your ability to communicate complex ideas clearly in your application. Use examples from your past experiences to illustrate this.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Railpen
✨Know Your Risk Models
Make sure you brush up on your knowledge of risk modelling techniques, especially those relevant to asset management and pensions. Be prepared to discuss your experience with MSCI Risk Metric and other systems like CDMS and RML4. This will show that you’re not just familiar with the tools, but you understand how they impact investment outcomes.
✨Communicate Clearly
Since you'll be engaging with senior stakeholders, practice explaining complex concepts in a straightforward manner. Use examples from your past experiences to illustrate your points. This will demonstrate your ability to influence and engage effectively, which is crucial for this role.
✨Show Your Problem-Solving Skills
Be ready to discuss specific instances where you've identified risks early and taken action. Highlight your proactive approach to risk model validation and how you’ve contributed to continuous improvement in previous roles. This aligns perfectly with Railpen's focus on intentional and well-understood risk-taking.
✨Embrace Their Values
Familiarise yourself with Railpen's values of integrity, community, and alignment. Think about how you can demonstrate these values during the interview. Share examples of how you've prioritised community needs or fostered a culture of fair challenge in your previous positions. This will resonate well with their mission and culture.
