Legal Counsel

Railpen; City Of London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A prominent pension fund manager in London is seeking a Legal Counsel to provide expert legal support across various investment sectors. This role requires a qualified lawyer with 2-4 years of relevant experience, particularly in M&A and regulatory matters. The position offers competitive salary, hybrid working, and various employee benefits including generous leave and pension scheme membership. Apply by 5pm on 21st November 2025.

Benefits

Competitive salary

28 days annual leave

Generous annual bonus plan

Membership of the Railways Pension Scheme

Private Medical Insurance

Employee assistance programme

Maternity/paternity leave

Paid volunteering days

Qualifications

• 2–4 years post-qualification experience, ideally in an in-house environment.
• Experience in M&A, partnerships, joint ventures, fund investments.
• Ability to advise on regulatory matters.

Responsibilities

• Provide legal support for investments and projects.
• Negotiate documentation and manage legal risk.
• Ensure compliance with regulations.

Skills

Strong transactional background

Negotiation skills

Project management abilities

Communication

Education

Qualified lawyer

Job description

Legal Counsel Intro

We’re looking for a Legal Counsel to help deliver our UK productive assets strategy. This permanent position is based in London with 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 Legal Counsel, you’ll provide expert legal support across a diverse range of investments and projects, from infrastructure and private equity to capital markets and regulatory initiatives. You’ll work closely with investment teams and external partners, negotiating documentation, managing legal risk, and ensuring compliance. This is a broad, hands‑on role where your advice will directly influence Railpen’s strategic direction and help us build strong partnerships across the public and private sectors.

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 a qualified lawyer with 2–4 years’ post‑qualification experience, ideally gained in an in‑house environment. You’ll have a strong transactional background covering areas such as M&A, partnerships and joint ventures, fund investments with proven ability to negotiate legal documentation and advise on regulatory matters. Expertise advising financial institutions and infrastructure sector experience would be beneficial. Experience working collaboratively with diverse teams and engaging confidently with stakeholders is essential.

You’ll be proactive, curious, and eager to develop new skills. Strong communication and project management abilities are a must, along with a culture of risk awareness and a commitment to compliance and teamwork.

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 (depending on experience)
• 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

• Private Medical Insurance
• Employee assistance programme
• Health cash plan
• Eye care vouchersFlu 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 via the apply button or visit Careers at Railpen by 5pm on Friday 21st November 2025.

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