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: Be part of a diverse team committed to integrity and community values.
- Why this job: Make a real impact on investment outcomes while working in a hybrid environment.
- Qualifications: Experience in risk model validation and strong communication skills are essential.
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.
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 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.
