Join to apply for the Legal Counsel role at Railpen

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.

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 M&A, partnerships and joint ventures, fund investments, and 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 guide our behaviour and help shape our relationships.

What we can offer you

• A competitive salary (depending on experience)
• 28 days annual leave plus bank holidays
• Generous annual bonus plan
• 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
• 4× Life Assurance cover
• Colleague referral scheme

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

• Hybrid and flexible working with 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

Seniority level: Mid‑Senior level

Employment type: Full‑time

Job function: Legal

Location: London, England, United Kingdom