Business Analyst

Intro

We are looking for a talented Business Analyst to join our Change & Transformation team, playing a key role in delivering high-impact, end-to-end projects across a diverse and evolving portfolio. This is an exciting opportunity for someone with strong investment domain knowledge and a passion for translating business needs into practical, effective solutions.

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 a Business Analyst within our Change & Transformation team, you will work across a range of strategic initiatives, supporting the delivery of change from concept through to implementation. You will be responsible for analysing business processes, gathering and defining requirements, and ensuring solutions are aligned to both business needs and technical capabilities.

You will play a key role in bridging the gap between stakeholders and technical teams, translating complex requirements and supporting the successful delivery of system implementations and data-driven projects. This role will provide you with exposure across middle and back office functions, with a strong focus on investment-related change initiatives, including areas such as Investment Book of Records (IBoR), trade support and data transformation.

About you
You are an experienced Business Analyst with a strong background in financial services, ideally within investment or asset management environments. You bring a solid understanding of financial instruments, particularly funds, alongside knowledge of equities, fixed income, FX and derivatives.

You are confident engaging with stakeholders at all levels and are comfortable leading workshops, challenging existing ways of working and driving improved outcomes. You thrive in fast-paced environments, managing multiple priorities while maintaining a high level of accuracy and attention to detail. Experience working on end-to-end system implementations, data-focused initiatives and transformation programmes will set you apart, particularly within back or middle office environments.

What we can offer you

Rewarding you

• A competitive salary (depending on experience)

• 28 days annual leave, plus bank holidays

• Defined Contribution pension

Heath & 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 at Railpen by Monday, 29th of June 2026.