Fund Operations Change & Governance Analyst bei Railpen

Intro

We have an exciting opportunity for a Change and Governance Analyst to join the Fund Operations team on a permanent basis, based in our London office (hybrid working).

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.

To learn more about Railpen including our values, culture and purpose, visit our LinkedIn Life page here

The role

As the Change and Governance Analyst you will look to support the Oversight and Governance framework across Fund Operations alongside assisting with the successful implementation of the product, proposition and investment changes that impact the Railpen pooled funds.

The key duties will include Oversight and Governance of both the Fund Operations team activities (Fund & Investment Accounting, Investment Tax and Pooled Fund Change) and those of third-party providers, including due diligence and service review meetings. You will act as a Risk Champion for the Fund Operations team by overseeing risk responsibilities and the risk event process as well as participating in change activity that impacts the operating parameters of the Railpen pooled funds.

This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.

The person

The successful candidate will have previous governance experience within either an Investment or Asset Management environment. You will have the ability to build and maintain effective relationships across the Fund Operations team and Risk team to ensure the framework and controls in place are championed and potential risks are resolved in a compliant and timely manner. This role will be tasked with pulling together, reporting on and analysing relevant MI, therefore an analytical mindset would be a distinct advantage. 

We are looking for somebody with effective communication skills who can communicate in a clear and concise manner whilst working in collaboration to achieve a common goal. You will look to take ownership of tasks and be driven to encourage process change and improvement across Fund Operations.

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

Rewarding you

• A competitive salary

• 28 days annual leave plus bank holidays

• Generous annual bonus plan

• We provide 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

Heath & Wellbeing

• Employee assistance programme

• Heath 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 5pm on Thursday 11th September 2025.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life