Senior Investment Manager - External Manager Oversight

Railpen; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Railpen is seeking a Senior Investment Manager for a 12-month fixed-term contract in London. The role involves overseeing investments made through third-party asset managers, focusing on fixed income and ensuring alignment with pension obligations. Ideal candidates will have experience in manager selection, portfolio management, and a strong understanding of various asset classes.

Benefits

28 days annual leave, plus bank holidays

Defined Contribution pension

Employee assistance programme

Health cash plan

Eye care vouchers

Flu vaccination

Give as you earn scheme

Qualifications

• Experience in manager selection and portfolio management.
• Deep knowledge of fixed income sub-asset classes.
• Exposure to equities and alternatives.

Responsibilities

• Ensure investments through third-party managers meet pension obligations.
• Focus on major public market asset classes and alternatives.
• Manage fixed income investments primarily.

Skills

Attention to detail

Collaboration

Communication

Prioritization

Job description

Senior Investment Manager – External Manager Oversight (ftc)

An exciting opportunity to join our Public Markets team on a 12-month fixed-term contract as a Senior Investment Manager within the External Manager Oversight team 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.

Our values of integrity, community, and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our interactions with others. They’re what we stand for.

The role

The Senior Investment Manager will be responsible for ensuring that investments made through outsourcing to third-party asset managers meet our members' pension obligations. The role covers all major public market asset classes and alternatives, with a predominant focus on fixed income.

The person

This role is suitable for an individual who has experience in manager selection along with portfolio management. The successful candidate will have experienced at least one market cycle and possess deep knowledge of most fixed income sub-asset classes, as well as some exposure to equities and alternatives.

To succeed in this role, you will require good attention to detail, the ability to work within agreed timescales, and effective collaboration and communication skills. The ability to prioritize and forward plan is key for this role.

What we can offer you

Rewarding you

• A competitive salary (depending on experience)
• 28 days annual leave, plus bank holidays
• Defined Contribution pension

Health & Wellbeing

• Employee assistance programme
• Health cash plan
• Eye care vouchers
• Flu vaccination

Lifestyle

• Give as you earn scheme

Next Steps

If you would like to apply, please click on the apply button or visit our Careers Page by 2nd June 2025.

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