An exciting opportunity to join our Enterprise Risk team as a Senior Risk Business Partner on a fixed term basis (10 months) based in our London office (hybrid working).
Who we areRailpen 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 roleAs a Senior Risk Business Partner, you will work in the second line Enterprise Risk Team, support the Head of Risk Business Partnering in embedding and maintaining the Enterprise Risk Governance Framework, Policy, Directive and related processes. You will partner with risk owners and risk champions in Pensions and Investment Management Unit (PIM) to provide oversight, support and challenge of risk management practises in the first line. The scope of the role is Enterprise Risk (Strategic, Governance, Operational, Regulatory, Legal and Conduct) related and is not directly related to Investment Risk.
The personWe are looking for an experienced Senior Risk Business Partner who has assisted in the implementation of an effective risk culture, based on the Three Lines of Defence model. You will work closely with senior stakeholders and ensure a programme of engagement is planned, delivered and monitored. You will have enabled business functions to support the proactive identification, assessment, management and reporting of risks effectively in line with regulatory and business requirements. Knowledge and experience within Private Markets would be an advantage.
The successful candidate will hold exceptional relationship management skills and be a trusted and knowledgeable partner to business stakeholders. You will have the ability to support across a variety of business disciplines and embrace complexity. Excellent influencing, facilitation, negotiating and communication skills are essential for you to support and challenge risk management practises in the first line and provide them with the tools and understanding to act with integrity and manage risks. You will lead by example helping to establish and embed best practice and instil a culture of innovation with the ambition of continuous improvement at the forefront.
What we can offer youRewarding youA competitive salary
28 days annual leave, plus bank holidays (pro rata)
Defined Contribution pension
Employee assistance programme
Health cash plan
Eye care vouchers
Flu vaccination
Give as you earn scheme
Paid volunteering days
Please apply for the apply button or visit Careers Page by 5pm on 12th May 2026.
Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
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What We Do
The Railways Pension Scheme is one of the UK’s largest and longest established pension funds. Railpen is responsible for the safekeeping and investment of around £34 billion on behalf of the scheme’s 350,000 members who are connected to the railway industry. Railpen's purpose is to secure our members' future. To achieve this we invest the scheme’s assets to generate strong returns over the long term. Our members and their employers trust us with this very significant responsibility. We are proud of this responsibility, take it very seriously, and are committed to, and passionate about, improving their future lives. Generating the required returns is challenging. To be successful we must constantly strive to be considered a world-class asset owner by our stakeholders, with a proven track record of adding value for our members. This means we have to have excellent people, doing exemplary work, in every part of our business. We use the size of our assets to invest wisely and influentially. Our convictions and a clear set of investment beliefs guide us through complex and changing markets. We’re not afraid to think innovatively or act boldly in the best interests of the members we are proud to serve
