Revenue Agreements Partner Full Time

Welcome to Transport for London CareersTake a look at job opportunities with us and you may be surprised at what you discover: a rich heritage, a commercial outlook, an iconic brand, a unique public service. It all adds up to make Transport for London a great place to develop your career. Here you can start your journey!Key InformationJob title: Revenue Agreements PartnerSalary: Circa £59,500 Grade: 3Contract type: TfL Reference: 2168Team: Revenue Agreements Directorate: TfL CorporateContract details: Permanent Location: Pier Walk/HybridApplication closing date: Sunday 3rd May 2026All offers of employment are subject to satisfactory right‑to‑work checks. Candidates must be able to demonstrate their right to work in the UK. At the present time TfL is unable to offer visa sponsorship for this role.DfT/TfL have launched an exciting new project to deliver the expansion of TfL’s Contactless payments system on National Rail services across South East England. The expansion will see another 230+ National Rail stations added to the pay as you go network, offering seamless travel beyond London.The Revenue Agreements Partner will play a significant role in delivering the Agreements required to support this expansion, as part of the wider remit to manage, negotiate and deliver on revenue agreements between TfL and Train Operating Companies and other stakeholders.As part of the Payments Team, the job holder is responsible for ensuring that existing agreements are fit for purpose and are aligned with TfL payments strategy and evolution as well as the ongoing developments within the rail industry.A key element of the role is the development of new revenue agreements to support future transport and ticketing initiatives.ResponsibilitiesLeading the drafting of Commercial Agreements, both new or update existing, working with payments and commercial colleagues to understand implication of changes. Leading negotiations with transport operators, Department for Transport, London Councils and other non-transport operators to agree revenue allocation and payments. Reviewing existing agreements to ensure these are up to date, and identifying opportunities for reshaping/ renewing our agreements, in the context of industry developments, fares and ticketing policies and payments strategy. Supporting the development of proposals for revenue allocation and thinking through the implications for TfL and external parties by analysing a number of options. Delivery and management of agreements, including provision of data and analysis to external parties when required and concluding ongoing settlements through formal documentation of what is agreed. Leading on annual cost reviews, liaising with internal SMEs and external stakeholders to communicate costs. Liaising with commercial and procurement teams on agreements matters, with internal accountants (Finance) on settlements, and with assurance teams on audit processes to ensure that payments are delivered as agreed and implemented. Knowledge Thorough understanding of contracts and agreements in transport (essential), particularly regarding revenue and fares (desirable). Education to at least degree standard in a quantitative or technical discipline or relevant experience. Knowledge of contractual ticketing agreements regarding fares and revenue sharing arrangements in rail an advantage. Knowledge of London and its transport network, knowledge of the rail industry an advantage. Use of Excel to advanced level, including the capability to handle very large and complex spreadsheets; familiarity with Business Objects or other database interrogation skills (desirable). SkillsCommercially focused Strong negotiation skills Ability to communicate clearly both verbally and in writing, particularly over complex technical issues Excellent interpersonal and influencing skills Strong numerical/analytical skills with a keen eye for detail and able to handle large sets of data Collaborative and able to work as part of a team ExperienceDemonstrable experience in drafting commercial agreements (essential), preferably in the transport industry Demonstrable experience of negotiating complex agreements and proven track record of achieving best outcomes for the business Some experience of dispute resolution in keeping with letter and spirit of Agreements (essential) Legal experience not essential, but familiarity with legal documents an advantage Financial experience (desirable) Equality, diversity and inclusionWe are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. BenefitsIn return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below: Final salary pension schemeFree travel for you on the TfL networkReimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket30 days annual leave plus public and bank holidaysTfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allowPrivate healthcare discounted scheme (optional)Tax-efficient cycle-to-work programmeRetail, health, leisure and travel offersDiscounted Eurostar travel Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements.We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.Vetting Process At Transport for London, safety, trust and fairness sit at the heart of how we recruit. Our Vetting Charter (https://tfl.gov.uk/corporate/careers/our-vetting-process) explains the checks we carry out before you join us, helping ensure we create a safe, inclusive and reliable network for everyone who depends on our services. We simply ask that the information you provide is honest and accurate so we can progress your application smoothly. If something doesn’t match or can’t be verified, we may not be able to move forward with your application, but we’ll always treat you with transparency, respect, and clear communication throughout.