Senior Compliance Monitoring Associate

Senior Compliance Monitoring Associate Intro We’re looking for a Senior Compliance Monitoring Associate to join our compliance team on a permanent basis, working hybrid, London office. 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 In this role, you’ll take the lead on delivering thematic (assurance) reviews as part of our annual Compliance Monitoring Plan. Working closely with the Compliance Monitoring Manager, you’ll own reviews end-to-end from planning through to reporting and follow-up ensuring they are delivered to a consistently high standard. You’ll: Ensure reviews are executed in line with the established framework, meeting key milestones and quality expectations Produce high-quality draft documentation, including Terms of Reference and final reports Provide regular updates and escalate risks or issues in a timely way Work closely with stakeholders across the business, maintaining professional and collaborative relationships throughout the review process Track and follow up on actions, ensuring they are progressed and completed within agreed timelines Collaborate with colleagues supporting reviews, sharing knowledge and driving consistency in approach Support the Compliance Monitoring Manager with the delivery of the broader monitoring plan and ad-hoc review activity This is a role where you’ll have real ownership and visibility, playing a key part in strengthening our compliance assurance framework and supporting continuous improvement.

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 someone who brings strong technical expertise alongside a proactive and collaborative approach. You’ll ideally have: Significant experience (typically 5+ years) conducting compliance monitoring thematic reviews within the pensions or asset/wealth management sector, with the ability to assess regulatory compliance, identify risks and provide practical recommendations for improvement.

Good knowledge of The Pensions Regulator (TPR), including its General Code of Practice and expectations relating to governance, administration, member communications and record keeping. Good understanding of UK occupational pensions, including Defined Benefit (DB), Defined Contribution (DC) and Master Trust arrangements, and knowledge of key pensions administration activities such as benefit calculations, member disclosures, contributions, transfers, retirements, death benefits, complaints handling and data quality.

Working knowledge of FCA rules and regulations and how they apply in practice to the retail sector. Excellent attention to detail and the ability to produce high-quality written outputs. The confidence to take ownership of work, managing priorities with minimal supervision. Strong interpersonal skills, with the ability to build effective relationships across teams. A collaborative mindset, comfortable working with others and contributing to shared outcomes.

A relevant industry qualification (desirable). 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