Home 
How Blumble Works 
Search Algorithm 
Your Privacy 
About 
Facebook
Twitter
Blog
Most recent job postings at Bank of England
via LinkedIn
posted_at: 21 hours agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
We are seeking two outstanding candidates to join the team at the Bank of England Museum. Our Museum
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
We are seeking two outstanding candidates to join the team at the Bank of England Museum. Our Museum at the Bank’s headquarters in Threadneedle Street, London, provides visitors with a unique experience to learn about the Bank’s history and its role today. The Museum is a key part of the Bank’s Outreach & Education function, which works to grow awareness and understanding of the Bank and its work.
We are recruiting for a Museum Manager to lead the small Museum team, develop its future strategy, and oversee day-to-day operations. We are also recruiting a Museum Officer (Education) to lead a number of education initiatives within the... museum, as well as supporting the delivery of the Bank’s wider education work across the UK.
Directorate Overview
The Communications Directorate is responsible for managing and developing the Bank's external and internal communications. We manage the relationships with key stakeholder groups including the Media and Parliament, as well as providing a Public Enquires function. We work with a wide range of colleagues to develop and deliver the Bank's programme of outreach and education, which includes building strategic partnerships with other organisations and running the Bank's Museum. We also develop and maintain our external website and social media presence, produce flagship publications, and ensure the Bank meets its statutory obligations regarding the Freedom of Information Act.
Department Overview
The Outreach and Education department is part of the Stakeholder and Media Engagement division of the Communications directorate. It is responsible for ensuring that the Bank is accessible to all our external partners. This includes firms, charities and trade associations, among others, as well as the public as a whole. Its mission is to improve understanding of our role to ensure we are open and accountable. The Outreach and Education team incorporates a number of functions including Stakeholder Relations, Public Engagement, Partnerships, Education, Insights and Evaluation, as well as the Museum.
Job Descriptions
The Bank of England Museum represents both the Bank’s history and our work today. It plays a key role in helping to promote understanding of the Bank’s role and the wider economy, alongside global economic history. The Museum welcomes a broad range of visitors every year and our exhibitions and events programme is crafted to provide content that reflects visitor interests and needs. Central to this work is ensuring that our exhibitions and events are accessible, engaging and relevant.
The Museum Manager will have overall responsibility for the Museum and report directly to the Head of Outreach and Education. The role holder will act as line manager for the Collections and Front of House Teams and will play a key role in shaping the strategic direction of the Museum in the short, medium and long term. They will ensure that we continue to deliver a high-quality visitor experience and reach new audiences via an engaging events programme and impactful marketing strategy.
Specific responsibilities will include:
• Leading and managing Museum staff and volunteers.
• Devising an audience development strategy.
• Coordinating and managing the Museum’s events programme.
• Overseeing the Museum’s marketing plan.
• Leading on the development and coordination of partnerships across the cultural sector.
• Managing an education programme for children and young people aged 5-18, working alongside the Bank’s education team.
• Managing the Museum’s budget and financial administration processes.
• Overseeing all health and safety protocols, supported by the Museum’s Operations Manager.
Minimum (essential) criteria:
• Strong experience of team working, within a museum/cultural organisation.
• People management experience, ideally within the museum/cultural sector.
• Experience of devising, embedding and evaluating new ideas and approaches within the museum/cultural sector.
• Experience of developing and delivering projects within the museum/cultural sector.
• Strong experience of using analytical tools including MS Office and digital marketing tools.
• Experience of developing and delivering an events programme within a museum/cultural organisation.
• Demonstrable knowledge of the development of marketing campaigns across a range of channels.
• Strong communication skills and an ability to engage with people at all levels of seniority.
• Experience of managing a budget.
Desirable criteria:
• A demonstrable interest in, and some knowledge of, the current role and history of the Bank of England.
• Experience of leading or supporting a museum/cultural organisation through a period of change.
• Experience of developing UK-wide partnerships across the cultural sector.
The Museum Officer (Education) will be responsible for the coordination and delivery a range of education initiatives for schools and families within the Bank of England Museum. We are looking for a candidate who can also contribute to the Bank’s school engagement work that includes school talks, the development of educational resources and bespoke outreach projects with schools across the UK.
Specific responsibilities will include:
• Leading and delivering storytelling sessions for schools and families, including management of bookings and evaluation.
• Coordinating and managing the Museum’s loan box programme for schools, including management of bookings and evaluation.
• Marketing events and activities to schools across the UK.
• Supporting the Bank’s education team in the development and delivery of current and new initiatives.
• Assisting the wider team in the day-to-day running of the Museum and administrative duties, as required.
Minimum (essential) criteria:
• Experience of working with children and young people in a school or museum setting or similar.
• Experience of devising, delivering, and evaluating educational initiatives.
• Knowledge of the curriculum requirements for schools across the UK.
• Experience of using analytical tools including MS Office.
• Strong communication skills and an ability to engage with people at all levels of seniority.
Desirable criteria:
• Experience of delivering storytelling or drama activities for children.
Please note this role will require a Disclosure and Barring Service (DBS) check.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
The position of Museum Manager offers a base salary of £45,900 per annum, and the Museum Officer offers a base salary of £28,050 per annum along with our comprehensive benefits package as follows:
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 3rd April 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Communications
Organisation
342000 - STAKEHOLDER & MEDIA ENGAGEMENT
Job Posting
13-Mar-2023, 5:11:08 PM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
We are seeking two outstanding candidates to join the team at the Bank of England Museum. Our Museum at the Bank’s headquarters in Threadneedle Street, London, provides visitors with a unique experience to learn about the Bank’s history and its role today. The Museum is a key part of the Bank’s Outreach & Education function, which works to grow awareness and understanding of the Bank and its work.
We are recruiting for a Museum Manager to lead the small Museum team, develop its future strategy, and oversee day-to-day operations. We are also recruiting a Museum Officer (Education) to lead a number of education initiatives within the... museum, as well as supporting the delivery of the Bank’s wider education work across the UK.
Directorate Overview
The Communications Directorate is responsible for managing and developing the Bank's external and internal communications. We manage the relationships with key stakeholder groups including the Media and Parliament, as well as providing a Public Enquires function. We work with a wide range of colleagues to develop and deliver the Bank's programme of outreach and education, which includes building strategic partnerships with other organisations and running the Bank's Museum. We also develop and maintain our external website and social media presence, produce flagship publications, and ensure the Bank meets its statutory obligations regarding the Freedom of Information Act.
Department Overview
The Outreach and Education department is part of the Stakeholder and Media Engagement division of the Communications directorate. It is responsible for ensuring that the Bank is accessible to all our external partners. This includes firms, charities and trade associations, among others, as well as the public as a whole. Its mission is to improve understanding of our role to ensure we are open and accountable. The Outreach and Education team incorporates a number of functions including Stakeholder Relations, Public Engagement, Partnerships, Education, Insights and Evaluation, as well as the Museum.
Job Descriptions
The Bank of England Museum represents both the Bank’s history and our work today. It plays a key role in helping to promote understanding of the Bank’s role and the wider economy, alongside global economic history. The Museum welcomes a broad range of visitors every year and our exhibitions and events programme is crafted to provide content that reflects visitor interests and needs. Central to this work is ensuring that our exhibitions and events are accessible, engaging and relevant.
The Museum Manager will have overall responsibility for the Museum and report directly to the Head of Outreach and Education. The role holder will act as line manager for the Collections and Front of House Teams and will play a key role in shaping the strategic direction of the Museum in the short, medium and long term. They will ensure that we continue to deliver a high-quality visitor experience and reach new audiences via an engaging events programme and impactful marketing strategy.
Specific responsibilities will include:
• Leading and managing Museum staff and volunteers.
• Devising an audience development strategy.
• Coordinating and managing the Museum’s events programme.
• Overseeing the Museum’s marketing plan.
• Leading on the development and coordination of partnerships across the cultural sector.
• Managing an education programme for children and young people aged 5-18, working alongside the Bank’s education team.
• Managing the Museum’s budget and financial administration processes.
• Overseeing all health and safety protocols, supported by the Museum’s Operations Manager.
Minimum (essential) criteria:
• Strong experience of team working, within a museum/cultural organisation.
• People management experience, ideally within the museum/cultural sector.
• Experience of devising, embedding and evaluating new ideas and approaches within the museum/cultural sector.
• Experience of developing and delivering projects within the museum/cultural sector.
• Strong experience of using analytical tools including MS Office and digital marketing tools.
• Experience of developing and delivering an events programme within a museum/cultural organisation.
• Demonstrable knowledge of the development of marketing campaigns across a range of channels.
• Strong communication skills and an ability to engage with people at all levels of seniority.
• Experience of managing a budget.
Desirable criteria:
• A demonstrable interest in, and some knowledge of, the current role and history of the Bank of England.
• Experience of leading or supporting a museum/cultural organisation through a period of change.
• Experience of developing UK-wide partnerships across the cultural sector.
The Museum Officer (Education) will be responsible for the coordination and delivery a range of education initiatives for schools and families within the Bank of England Museum. We are looking for a candidate who can also contribute to the Bank’s school engagement work that includes school talks, the development of educational resources and bespoke outreach projects with schools across the UK.
Specific responsibilities will include:
• Leading and delivering storytelling sessions for schools and families, including management of bookings and evaluation.
• Coordinating and managing the Museum’s loan box programme for schools, including management of bookings and evaluation.
• Marketing events and activities to schools across the UK.
• Supporting the Bank’s education team in the development and delivery of current and new initiatives.
• Assisting the wider team in the day-to-day running of the Museum and administrative duties, as required.
Minimum (essential) criteria:
• Experience of working with children and young people in a school or museum setting or similar.
• Experience of devising, delivering, and evaluating educational initiatives.
• Knowledge of the curriculum requirements for schools across the UK.
• Experience of using analytical tools including MS Office.
• Strong communication skills and an ability to engage with people at all levels of seniority.
Desirable criteria:
• Experience of delivering storytelling or drama activities for children.
Please note this role will require a Disclosure and Barring Service (DBS) check.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
The position of Museum Manager offers a base salary of £45,900 per annum, and the Museum Officer offers a base salary of £28,050 per annum along with our comprehensive benefits package as follows:
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 3rd April 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Communications
Organisation
342000 - STAKEHOLDER & MEDIA ENGAGEMENT
Job Posting
13-Mar-2023, 5:11:08 PM Show more details...
via LinkedIn
posted_at: 21 hours agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector, and the rise of rise of fintech and regtech. A core organisational strength, with our people at our centre, Technology Directorate enables the Bank of England to deliver its mission by providing a hugely diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team that’s constantly evolving, just like our industry.
We take pride in our people, with... backgrounds and experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.
Department Overview
Technology Quality and Delivery Assurance is one of the divisions of the Technology Directorate.
Within the Quality and Delivery Assurance Division you will be working with people who are passionate about enabling Technology Directorate to perform at its best. A new division has been created to ensure that Technology Directorate provides consistent, efficient, best practice operational performance and quality outcomes through constant improvement to meet the requirements of the business.
You’ll help to shape the growing role that technology plays within the organisation. Collaborating closely with colleagues across Technology Directorate and throughout the Bank, you’ll help the division deliver against its commitments and contribute to the organisation’s mission.
We target operational excellence, and our teams work closely with counterparts from central functions to ensure we share expertise, learn from our colleagues, and strive for continual improvement and innovation. You’ll also be encouraged to develop your expertise externally, through networking, training, and formal qualifications.
Technology Risk & Audit Management is a function within the Quality and Delivery Assurance Division of the Technology Directorate of the Bank. Reporting to the Head of the Technology Quality and Delivery Assurance, Technology Risk Management provides the first line risk management framework and oversight of the directorate’s IT operational risk and facilitates all of Technology Directorate’s auditing obligations and objectives.
The team works closely with risk owners to identify, plan mitigation, define tolerances or accept risks and prioritises risk exposure for reporting to the Technology Directorate's Risk Governance Board and provides summary risk positioning to the Bank's second line risk management division. In addition, the team works closely with our Internal Audit Division, external auditors, and business counterparts to ensure Technology Directorate meets both its own and other auditing requirements
Job Description
The Technology Risk and Audit Analyst (TRAA) will work with team members to the Technology Risk Manager to provide risk oversight within divisions of the Technology Directorate. This roll has the following responsibilities:
• Plan, manage and report on Technology Directorate's work for audit requirements with appropriate divisions within TD to ensure the directorate complies with its audit commitments. Provide assistance and guidance to audit action owners. The TRAA will also work closely with our Internal Audit counterparts and will maintain and develop the Internal Audit engagement model used within TD.
• Develop and provide relevant and critical Management Information for risk and audit to various forums, the CIO and the Head of Division to drive visibility and decision making.
• Ensure that risk stakeholders are well informed of risk and mitigating actions and to provide confidence in Technology’s risk management process.
• Continuous engagement to ensure risks are being identified and managed according to our management processes to provide understanding of risk concepts and our processes, including Operational Resilience.
This role provides an ideal opportunity to further develop risk management skills, acquire technical understanding of all elements of the I.T. Lifecycle and progress into specialist risk management roles.
Role Requirements
Minimum Essential Criteria
• Understanding and awareness of risk principles, controls, processes, terminology and frameworks.
• Experience of technical audit, requirements and processes.
• Experience of working in a technology environment and operational matters.
• Expert level use of reporting tools such as MS Powerpoint, MS Excel, MS Word, to create reports with content appropriate to the audience.
• Able to work effectively under time pressure.
• Understanding of ITIL based service delivery and operational procedures
• Effective translation of technical risk into business risk terms
• Strong analysis and drafting skills to ensure written descriptions, requirements and responses are unambiguous and defining requirements.
• Methodical, Proactive, tenacious, self-driven approach to work to deliver to deadlines.
• Able to work under pressure to provide key accurate deliverables
• Good stakeholder management and interpersonal skills
• Good presentation skills providing structured documentation and report creation
Desirable But Not Essential Criteria
• IT Life Cycle understanding
• Awareness of Risk Controls / culture and formal architectural framework knowledge / qualification e.g., ITIL, COBIT 5, CISA
• working knowledge of GRC tools e.g., RSA Archer
• practical experience of creating presentational material using Microsoft and visualisation tools such as Tableau
• Knowledge of DevOps and Agile development methodologies
• knowledge of Cloud provision principles.
• Comprehensive experience of working in IT services provision and / or support
• Project Management methodology understanding if not a practitioner
• Business case construction and financial management experience
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £37, 320- £44, 190 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 11/04/2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Information Technology
Organisation
145000 - OCIO
Job Posting
13-Mar-2023, 1:48:10 PM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector, and the rise of rise of fintech and regtech. A core organisational strength, with our people at our centre, Technology Directorate enables the Bank of England to deliver its mission by providing a hugely diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team that’s constantly evolving, just like our industry.
We take pride in our people, with... backgrounds and experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.
Department Overview
Technology Quality and Delivery Assurance is one of the divisions of the Technology Directorate.
Within the Quality and Delivery Assurance Division you will be working with people who are passionate about enabling Technology Directorate to perform at its best. A new division has been created to ensure that Technology Directorate provides consistent, efficient, best practice operational performance and quality outcomes through constant improvement to meet the requirements of the business.
You’ll help to shape the growing role that technology plays within the organisation. Collaborating closely with colleagues across Technology Directorate and throughout the Bank, you’ll help the division deliver against its commitments and contribute to the organisation’s mission.
We target operational excellence, and our teams work closely with counterparts from central functions to ensure we share expertise, learn from our colleagues, and strive for continual improvement and innovation. You’ll also be encouraged to develop your expertise externally, through networking, training, and formal qualifications.
Technology Risk & Audit Management is a function within the Quality and Delivery Assurance Division of the Technology Directorate of the Bank. Reporting to the Head of the Technology Quality and Delivery Assurance, Technology Risk Management provides the first line risk management framework and oversight of the directorate’s IT operational risk and facilitates all of Technology Directorate’s auditing obligations and objectives.
The team works closely with risk owners to identify, plan mitigation, define tolerances or accept risks and prioritises risk exposure for reporting to the Technology Directorate's Risk Governance Board and provides summary risk positioning to the Bank's second line risk management division. In addition, the team works closely with our Internal Audit Division, external auditors, and business counterparts to ensure Technology Directorate meets both its own and other auditing requirements
Job Description
The Technology Risk and Audit Analyst (TRAA) will work with team members to the Technology Risk Manager to provide risk oversight within divisions of the Technology Directorate. This roll has the following responsibilities:
• Plan, manage and report on Technology Directorate's work for audit requirements with appropriate divisions within TD to ensure the directorate complies with its audit commitments. Provide assistance and guidance to audit action owners. The TRAA will also work closely with our Internal Audit counterparts and will maintain and develop the Internal Audit engagement model used within TD.
• Develop and provide relevant and critical Management Information for risk and audit to various forums, the CIO and the Head of Division to drive visibility and decision making.
• Ensure that risk stakeholders are well informed of risk and mitigating actions and to provide confidence in Technology’s risk management process.
• Continuous engagement to ensure risks are being identified and managed according to our management processes to provide understanding of risk concepts and our processes, including Operational Resilience.
This role provides an ideal opportunity to further develop risk management skills, acquire technical understanding of all elements of the I.T. Lifecycle and progress into specialist risk management roles.
Role Requirements
Minimum Essential Criteria
• Understanding and awareness of risk principles, controls, processes, terminology and frameworks.
• Experience of technical audit, requirements and processes.
• Experience of working in a technology environment and operational matters.
• Expert level use of reporting tools such as MS Powerpoint, MS Excel, MS Word, to create reports with content appropriate to the audience.
• Able to work effectively under time pressure.
• Understanding of ITIL based service delivery and operational procedures
• Effective translation of technical risk into business risk terms
• Strong analysis and drafting skills to ensure written descriptions, requirements and responses are unambiguous and defining requirements.
• Methodical, Proactive, tenacious, self-driven approach to work to deliver to deadlines.
• Able to work under pressure to provide key accurate deliverables
• Good stakeholder management and interpersonal skills
• Good presentation skills providing structured documentation and report creation
Desirable But Not Essential Criteria
• IT Life Cycle understanding
• Awareness of Risk Controls / culture and formal architectural framework knowledge / qualification e.g., ITIL, COBIT 5, CISA
• working knowledge of GRC tools e.g., RSA Archer
• practical experience of creating presentational material using Microsoft and visualisation tools such as Tableau
• Knowledge of DevOps and Agile development methodologies
• knowledge of Cloud provision principles.
• Comprehensive experience of working in IT services provision and / or support
• Project Management methodology understanding if not a practitioner
• Business case construction and financial management experience
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £37, 320- £44, 190 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 11/04/2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Information Technology
Organisation
145000 - OCIO
Job Posting
13-Mar-2023, 1:48:10 PM Show more details...
via LinkedIn
posted_at: 21 hours agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Banking, Payments and Innovation Directorate supports the Bank’s mission to maintain monetary
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Banking, Payments and Innovation Directorate supports the Bank’s mission to maintain monetary and financial stability by using and sharing its expertise to: develop and operate resilient and efficient banking, payment and custody services; set and influence policy; and to promote innovation.
We are at the heart of the Bank both in terms of our core role in Monetary and Financial Stability, and the wide range of internal stakeholders we collaborate with. BPI has a lead role in one and a significant role in four of the Bank’s strategic priorities. The variety and immediacy of the work we do means we are one of the most outward... facing and fast moving areas of the Bank, operating the UK's high value payments system (the Real Time Gross Settlement System and CHAPS), maintaining the Bank’s readiness to provide Emergency Liquidity Assistance to banks and other financial institutions, and acting as the 'bank' within the Bank of England for government, UK CCPs and other central banks.
Department Overview
The payments industry is undergoing ground-breaking change and ISO 20022 is at the heart of this. ISO 20022 is an internationally recognised standard for payment messages that will transform messaging standards globally.
There are two areas of change in relation to ISO 20022. RT Renewal is a strategic priority for the Bank and is introducing ISO20022 messaging into domestic CHAPS payments. SWIFT is also coordinating the migration of cross-border payments to ISO 20022 and phasing out the existing payment messages.
ISO 20022 Internal Readiness Programme
Under the ISO 20022 Internal Readiness Programme the Bank must enable ISO 20022 messaging in its capacity as a CHAPS direct participant; in its own customer banking activities; and for payments undertaken as part of its own official operations.
The Programme is divided into 4 Delivery Phases: SWIFT’s migration to ISO 20022 for Cross Border payments; CHAPS transition to enhanced MX schema with enhanced data; supporting a new core ledger as part of RT Renewal; and, enabling internal systems to send Cross Border payments and use the associated enhanced schema.
Job Description
The ISO 20022 Programme’s Business Delivery Team require an additional scale H Assistant Business Analyst to support the Bank’s transition to the new ISO 20022 messaging standard. This is a significant, complex and exciting programme, giving rise to an outstanding opportunity to work at the forefront of the changing payments landscape.
The role has clear responsibilities, with a multifaceted set of activities across a number of work streams to ensure solutions meet the business requirements and benefits, while working within the project time, cost and quality constraints.
You will report to a senior analyst (Scale F). You will work collaboratively with other scale H, G and F analysts within the Business Delivery Team; all key partners within the programme team; with impacted business areas; as well as with other projects within the Bank.
The ISO 20022 Programme’s Business Delivery Team require an additional scale H Assistant Business Analyst to support the Bank’s transition to the new ISO 20022 messaging standard. This is a significant, complex and exciting programme, giving rise to an outstanding opportunity to work at the forefront of the changing payments landscape.
The role has clear responsibilities, with a multifaceted set of activities across a number of work streams to ensure solutions meet the business requirements and benefits, while working within the project time, cost and quality constraints.
You will report to a senior analyst (Scale F). You will work collaboratively with other scale H, G and F analysts within the Business Delivery Team; all key partners within the programme team; with impacted business areas; as well as with other projects within the Bank.
Responsibilities will include:
Alongside others on the team:
Customer Engagement - To help facilitate the migration of the Bank’s customers to ISO 20022 messaging. You will do that by:
• Understanding their migration plans
• Coordinating their testing with the Testing Manager
• Advising and answering customer queries
• Coordinating meetings with key customers (Government and CCPs)
Operational Readiness - Support business teams to prepare for the changes that are being delivered in the various phases of the project. This will include:
• Helping to craft and develop training materials on business process and system changes.
• Helping to identify and update business process instructions
• Being involved in the production and delivery of training materials.
• craft communications to internal partners to explain the impact on business teams.
What you can expect to get from the role:
• Experience of working on high profile, fast paced, sophisticated projects
• Become a subject matter expert in ISO 20022 with transferable skills across the banking sector
• See the tangible results of your work brought to life in the beating operational heart of the Bank
Role Requirements
Minimum (Essential) Criteria
• Good communication skills: ability to communicate complex issues in an easily digestible format to specific audiences, ability to produce meaningful reports and updates to the team and seniors.
• Strong organisational skills. The need to prioritise work in a busy environment with tight deadlines
• Good interpersonal skills. Be able to develop and build relations with a variety of internal partners and external customers and to manage their expectations.
Desirable Criteria
• Previous roles within projects
• An awareness of IT systems used within transaction banking
• Previous experience of building relationships with external customers or counterparts.
• Good understanding of SWIFT messages (current MT 1, 2 and 9 category messages)
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary of £30,000 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below.
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Banking Operations
Organisation
900001 - ISO20022 PROGRAMME
Job Posting
13-Mar-2023, 3:35:12 PM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Banking, Payments and Innovation Directorate supports the Bank’s mission to maintain monetary and financial stability by using and sharing its expertise to: develop and operate resilient and efficient banking, payment and custody services; set and influence policy; and to promote innovation.
We are at the heart of the Bank both in terms of our core role in Monetary and Financial Stability, and the wide range of internal stakeholders we collaborate with. BPI has a lead role in one and a significant role in four of the Bank’s strategic priorities. The variety and immediacy of the work we do means we are one of the most outward... facing and fast moving areas of the Bank, operating the UK's high value payments system (the Real Time Gross Settlement System and CHAPS), maintaining the Bank’s readiness to provide Emergency Liquidity Assistance to banks and other financial institutions, and acting as the 'bank' within the Bank of England for government, UK CCPs and other central banks.
Department Overview
The payments industry is undergoing ground-breaking change and ISO 20022 is at the heart of this. ISO 20022 is an internationally recognised standard for payment messages that will transform messaging standards globally.
There are two areas of change in relation to ISO 20022. RT Renewal is a strategic priority for the Bank and is introducing ISO20022 messaging into domestic CHAPS payments. SWIFT is also coordinating the migration of cross-border payments to ISO 20022 and phasing out the existing payment messages.
ISO 20022 Internal Readiness Programme
Under the ISO 20022 Internal Readiness Programme the Bank must enable ISO 20022 messaging in its capacity as a CHAPS direct participant; in its own customer banking activities; and for payments undertaken as part of its own official operations.
The Programme is divided into 4 Delivery Phases: SWIFT’s migration to ISO 20022 for Cross Border payments; CHAPS transition to enhanced MX schema with enhanced data; supporting a new core ledger as part of RT Renewal; and, enabling internal systems to send Cross Border payments and use the associated enhanced schema.
Job Description
The ISO 20022 Programme’s Business Delivery Team require an additional scale H Assistant Business Analyst to support the Bank’s transition to the new ISO 20022 messaging standard. This is a significant, complex and exciting programme, giving rise to an outstanding opportunity to work at the forefront of the changing payments landscape.
The role has clear responsibilities, with a multifaceted set of activities across a number of work streams to ensure solutions meet the business requirements and benefits, while working within the project time, cost and quality constraints.
You will report to a senior analyst (Scale F). You will work collaboratively with other scale H, G and F analysts within the Business Delivery Team; all key partners within the programme team; with impacted business areas; as well as with other projects within the Bank.
The ISO 20022 Programme’s Business Delivery Team require an additional scale H Assistant Business Analyst to support the Bank’s transition to the new ISO 20022 messaging standard. This is a significant, complex and exciting programme, giving rise to an outstanding opportunity to work at the forefront of the changing payments landscape.
The role has clear responsibilities, with a multifaceted set of activities across a number of work streams to ensure solutions meet the business requirements and benefits, while working within the project time, cost and quality constraints.
You will report to a senior analyst (Scale F). You will work collaboratively with other scale H, G and F analysts within the Business Delivery Team; all key partners within the programme team; with impacted business areas; as well as with other projects within the Bank.
Responsibilities will include:
Alongside others on the team:
Customer Engagement - To help facilitate the migration of the Bank’s customers to ISO 20022 messaging. You will do that by:
• Understanding their migration plans
• Coordinating their testing with the Testing Manager
• Advising and answering customer queries
• Coordinating meetings with key customers (Government and CCPs)
Operational Readiness - Support business teams to prepare for the changes that are being delivered in the various phases of the project. This will include:
• Helping to craft and develop training materials on business process and system changes.
• Helping to identify and update business process instructions
• Being involved in the production and delivery of training materials.
• craft communications to internal partners to explain the impact on business teams.
What you can expect to get from the role:
• Experience of working on high profile, fast paced, sophisticated projects
• Become a subject matter expert in ISO 20022 with transferable skills across the banking sector
• See the tangible results of your work brought to life in the beating operational heart of the Bank
Role Requirements
Minimum (Essential) Criteria
• Good communication skills: ability to communicate complex issues in an easily digestible format to specific audiences, ability to produce meaningful reports and updates to the team and seniors.
• Strong organisational skills. The need to prioritise work in a busy environment with tight deadlines
• Good interpersonal skills. Be able to develop and build relations with a variety of internal partners and external customers and to manage their expectations.
Desirable Criteria
• Previous roles within projects
• An awareness of IT systems used within transaction banking
• Previous experience of building relationships with external customers or counterparts.
• Good understanding of SWIFT messages (current MT 1, 2 and 9 category messages)
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary of £30,000 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below.
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Banking Operations
Organisation
900001 - ISO20022 PROGRAMME
Job Posting
13-Mar-2023, 3:35:12 PM Show more details...
via BYP Network Jobs
posted_at: 7 days agoschedule_type: Full-time
Manager UKDT, Supervision ( including Nationwide & Barclays )
Ever wondered what it’s like to work at the heart of the financial system, delivering financial stability for the UK? If you have the right skills and experience and are motivated to work with us we’d love to hear from you.
We work for the public good by supervising the activities of over 600 UK banks and building societies, ranging from global institutions to start-up ‘challenger’
Manager UKDT, Supervision ( including Nationwide & Barclays )
Ever wondered what it’s like to work at the heart of the financial system, delivering financial stability for the UK? If you have the right skills and experience and are motivated to work with us we’d love to hear from you.
We work for the public good by supervising the activities of over 600 UK banks and building societies, ranging from global institutions to start-up ‘challenger’ banks. Our mission is the safety and soundness of the UK's banks.
What might I work on?
Our work is high profile. It is directly linked to the fall-out from the financial crisis. You might focus on anything from the newest banks trying to shake up the status quo – to some of the largest and most sophisticated banks in the UK.
Work in banking supervision is varied which means there’s always something exciting going on. You will manage and develop others, and use your analytical skills and financial understanding to deliver analytical... assessments and understand the risks posed by the banks we supervise. You will share your findings internally, and work closely with the most senior leaders of UK financial firms to ensure our supervisory strategy is being implemented. All this means you’ll get plenty of opportunities to develop your technical and interpersonal skills through exposure to engaging and complex issues.
We are currently recruiting for the following role, but others may be added to this process if they become available while it is ongoing. Recruitment is being conducted on a pooled basis and candidates may be considered for more than one role and for subsequent roles that become available. If you have a preference for a particular role or types of role please state this in your application. This won’t prevent you from being considered for other roles.
• Manager Nationwide supervision team
• Manager Barclays supervision team
• Other Scale E roles may arise during this process and we will use this same pooled-round to fill them. So if you’re looking for a role at Scale E this is a great time to apply. Typically, manager roles in banking supervision entail:
• Leading the supervision of particular risks faced by the bank(s) you supervise (eg capital, liquidity, credit, operational resilience or governance), developing and implementing the supervisory strategy consistent with the PRA’s approach to banking supervision
• Managing the relationships with – and influencing – senior individuals at the bank(s) and across a wide range of stakeholders in the Bank of England
• Line management of a small number of staff in the supervision team, depending on the role
• Getting involved in cross cutting work, eg looking at risks across the banking sector as a whole
Are you who we’re looking for?
If you’re motivated to work for us, we would love to work with you! We want inquisitive people who enjoy working with people and share our values of diverse ideas and open debate. We are looking for people with strong analytical and financial analysis skills, and sound judgement. You need an ability to influence internal and external stakeholders and represent the PRA credibly and professionally in meetings.
Your role will include managing and developing others to get the best out them. You need to have strong interpersonal and communication skills, be collaborative and support our inclusive culture. You must be comfortable setting your own targets, delivering on time and working under your own initiative. It will be your role to support your team to investigate issues and probe further when things don’t look quite right.
Applications are screened largely on the basis of responses to the application questions so please ensure you spend sufficient time constructing, drafting and reviewing these.
Essential requirements include:
• Ability to represent the PRA and the Bank credibly and professionally in meetings, with both with internal and external stakeholders;
• Record of effective line management experience;
• Strong workload management skills, with the ability to work flexibly and adapt rapidly to competing priorities;
• Strong judgement and analytical skills;
• Strong written and oral communication skills;
• Good understanding of the prudential agenda and the financial system and/or how banks work.
Desirable:
• Experience of supervision, preferably banking;
• Experience of technical aspects of regulation, such as capital.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £62,700 - £79,470 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 16 March 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV Show more details...
Ever wondered what it’s like to work at the heart of the financial system, delivering financial stability for the UK? If you have the right skills and experience and are motivated to work with us we’d love to hear from you.
We work for the public good by supervising the activities of over 600 UK banks and building societies, ranging from global institutions to start-up ‘challenger’ banks. Our mission is the safety and soundness of the UK's banks.
What might I work on?
Our work is high profile. It is directly linked to the fall-out from the financial crisis. You might focus on anything from the newest banks trying to shake up the status quo – to some of the largest and most sophisticated banks in the UK.
Work in banking supervision is varied which means there’s always something exciting going on. You will manage and develop others, and use your analytical skills and financial understanding to deliver analytical... assessments and understand the risks posed by the banks we supervise. You will share your findings internally, and work closely with the most senior leaders of UK financial firms to ensure our supervisory strategy is being implemented. All this means you’ll get plenty of opportunities to develop your technical and interpersonal skills through exposure to engaging and complex issues.
We are currently recruiting for the following role, but others may be added to this process if they become available while it is ongoing. Recruitment is being conducted on a pooled basis and candidates may be considered for more than one role and for subsequent roles that become available. If you have a preference for a particular role or types of role please state this in your application. This won’t prevent you from being considered for other roles.
• Manager Nationwide supervision team
• Manager Barclays supervision team
• Other Scale E roles may arise during this process and we will use this same pooled-round to fill them. So if you’re looking for a role at Scale E this is a great time to apply. Typically, manager roles in banking supervision entail:
• Leading the supervision of particular risks faced by the bank(s) you supervise (eg capital, liquidity, credit, operational resilience or governance), developing and implementing the supervisory strategy consistent with the PRA’s approach to banking supervision
• Managing the relationships with – and influencing – senior individuals at the bank(s) and across a wide range of stakeholders in the Bank of England
• Line management of a small number of staff in the supervision team, depending on the role
• Getting involved in cross cutting work, eg looking at risks across the banking sector as a whole
Are you who we’re looking for?
If you’re motivated to work for us, we would love to work with you! We want inquisitive people who enjoy working with people and share our values of diverse ideas and open debate. We are looking for people with strong analytical and financial analysis skills, and sound judgement. You need an ability to influence internal and external stakeholders and represent the PRA credibly and professionally in meetings.
Your role will include managing and developing others to get the best out them. You need to have strong interpersonal and communication skills, be collaborative and support our inclusive culture. You must be comfortable setting your own targets, delivering on time and working under your own initiative. It will be your role to support your team to investigate issues and probe further when things don’t look quite right.
Applications are screened largely on the basis of responses to the application questions so please ensure you spend sufficient time constructing, drafting and reviewing these.
Essential requirements include:
• Ability to represent the PRA and the Bank credibly and professionally in meetings, with both with internal and external stakeholders;
• Record of effective line management experience;
• Strong workload management skills, with the ability to work flexibly and adapt rapidly to competing priorities;
• Strong judgement and analytical skills;
• Strong written and oral communication skills;
• Good understanding of the prudential agenda and the financial system and/or how banks work.
Desirable:
• Experience of supervision, preferably banking;
• Experience of technical aspects of regulation, such as capital.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £62,700 - £79,470 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 16 March 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV Show more details...
via LinkedIn
posted_at: 4 days agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Department Overview
In Financial Market Infrastructure Directorate (FMID) you will join a
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Department Overview
In Financial Market Infrastructure Directorate (FMID) you will join a directorate at the heart of the Bank, responsible for supervision, policy and technical risk analysis on the infrastructure that sits at the core of the financial system - payment systems, central counterparties and central securities depositories. We offer an outstanding and exciting place to work in a highly collaborative directorate, undertaking work with strong links into numerous other parts of the Bank and international regulators. For more information on the work we do, see our latest annual report available here: The Bank of... England's supervision of financial market infrastructures - Annual Report 2022 | Bank of England
FMID is unusual within the Bank in that it brings together supervisors, policy analysts and risk specialists in one place. This means there are plenty of opportunities for cross-cutting working and the opportunity to get an insight into how different areas work. Working in FMID is a phenomenal way to understand the linkages of the financial system.
FMID is passionate about delivering the Bank’s diversity agenda – retaining and attracting diverse talent and ensuring that the directorate is somewhere that all staff feel they belong. FMID supports flexible working.
Job Description
We are seeking a manager to help create a new team in FMID that will be at the heart of supporting the directorate’s supervisory and regulatory operational responsibilities. You will have the chance to help develop the directorate’s processes and infrastructure to ensure it runs smoothly and is a great place to work. This is an exciting position with a varied and interesting workload. As this is a new role, you will have ample opportunity to use your initiative, develop the role and make it your own.
The team’s responsibilities will include
• the secretariat for the directorate’s decision-making committees, which involve senior internal and external members, in particular FMI Board which is chaired by the Deputy Governor for Financial Stability
• cross cutting outward directorate responsibilities such as levying fees and producing the FMID annual report,
• particular support for supervision such as oversight of, and updates to, the supervisory approach; and
• support for cross directorate staff initiatives such as training and induction
The team will work closely with the staff working groups; the FS COO and senior management team. The range of roles across the team will allow the two managers opportunity to specialise.
This is a people management role and the manager will need to support the development of a new team and manage delivery of a wide ranging portfolio. You will be responsible for day to day management of the team and for defining roles and responsibilities. You will develop your team through sharing information effectively, coaching and communicating a clear vision to ensure that your staff are productive, engaged and motivated to deliver the area’s aims. This will include setting clear goals and smart stretching objectives that are aligned to those of the team, division and directorate. You will also be responsible for managing all staff-related matters that may arise including performance, absence and sickness.
There is some flexibility to shape the role to your skills and interests – please do get in touch if you would like to discuss further!
Role Requirements
Minimum Criteria
• Strong judgement and analytical skills and the ability to pick up new topics quickly.
• Ability to design and implement a strategy/approach to solve a complex problem.
• Ability to lead and motivate other members of staff and take an inclusive approach to management, including a desire to mentor and develop others
• Experience of tangibly improving diversity and inclusion
• Strong communication skills and ability to influence senior stakeholders.
• Ability to manage multiple workstreams effectively and a track record of delivering large pieces of work involving multiple contributors.
Desirable Criteria
You should not be put off from applying if you do not meet or do not have all of these criteria – we would actively encourage you to get in touch to discuss what support you might need to close any gaps and/or any other skills you might have which you think could be effective in this role.
• Experience line managing staff
We believe in diversity. We define diversity as both who we are (identity diversity, such as gender or ethnicity) and how we think (cognitive diversity). We are actively seeking the benefits of having a range of backgrounds and characteristics in our teams. Diverse teams are more inclined to consider novel ideas and challenge each other, enabling them to infer cause and effect and to solve problems better and thereby help us to better achieve our mission. Diversity does not mean ticking boxes, it means ensuring we are best able to fulfil our mission of promoting the good of the people of the UK. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £62,700-£79,470 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Financial Markets Infrastructure
Organisation
211000 - FMI SUPERVISION
Job Posting
10-Mar-2023, 3:50:45 PM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Department Overview
In Financial Market Infrastructure Directorate (FMID) you will join a directorate at the heart of the Bank, responsible for supervision, policy and technical risk analysis on the infrastructure that sits at the core of the financial system - payment systems, central counterparties and central securities depositories. We offer an outstanding and exciting place to work in a highly collaborative directorate, undertaking work with strong links into numerous other parts of the Bank and international regulators. For more information on the work we do, see our latest annual report available here: The Bank of... England's supervision of financial market infrastructures - Annual Report 2022 | Bank of England
FMID is unusual within the Bank in that it brings together supervisors, policy analysts and risk specialists in one place. This means there are plenty of opportunities for cross-cutting working and the opportunity to get an insight into how different areas work. Working in FMID is a phenomenal way to understand the linkages of the financial system.
FMID is passionate about delivering the Bank’s diversity agenda – retaining and attracting diverse talent and ensuring that the directorate is somewhere that all staff feel they belong. FMID supports flexible working.
Job Description
We are seeking a manager to help create a new team in FMID that will be at the heart of supporting the directorate’s supervisory and regulatory operational responsibilities. You will have the chance to help develop the directorate’s processes and infrastructure to ensure it runs smoothly and is a great place to work. This is an exciting position with a varied and interesting workload. As this is a new role, you will have ample opportunity to use your initiative, develop the role and make it your own.
The team’s responsibilities will include
• the secretariat for the directorate’s decision-making committees, which involve senior internal and external members, in particular FMI Board which is chaired by the Deputy Governor for Financial Stability
• cross cutting outward directorate responsibilities such as levying fees and producing the FMID annual report,
• particular support for supervision such as oversight of, and updates to, the supervisory approach; and
• support for cross directorate staff initiatives such as training and induction
The team will work closely with the staff working groups; the FS COO and senior management team. The range of roles across the team will allow the two managers opportunity to specialise.
This is a people management role and the manager will need to support the development of a new team and manage delivery of a wide ranging portfolio. You will be responsible for day to day management of the team and for defining roles and responsibilities. You will develop your team through sharing information effectively, coaching and communicating a clear vision to ensure that your staff are productive, engaged and motivated to deliver the area’s aims. This will include setting clear goals and smart stretching objectives that are aligned to those of the team, division and directorate. You will also be responsible for managing all staff-related matters that may arise including performance, absence and sickness.
There is some flexibility to shape the role to your skills and interests – please do get in touch if you would like to discuss further!
Role Requirements
Minimum Criteria
• Strong judgement and analytical skills and the ability to pick up new topics quickly.
• Ability to design and implement a strategy/approach to solve a complex problem.
• Ability to lead and motivate other members of staff and take an inclusive approach to management, including a desire to mentor and develop others
• Experience of tangibly improving diversity and inclusion
• Strong communication skills and ability to influence senior stakeholders.
• Ability to manage multiple workstreams effectively and a track record of delivering large pieces of work involving multiple contributors.
Desirable Criteria
You should not be put off from applying if you do not meet or do not have all of these criteria – we would actively encourage you to get in touch to discuss what support you might need to close any gaps and/or any other skills you might have which you think could be effective in this role.
• Experience line managing staff
We believe in diversity. We define diversity as both who we are (identity diversity, such as gender or ethnicity) and how we think (cognitive diversity). We are actively seeking the benefits of having a range of backgrounds and characteristics in our teams. Diverse teams are more inclined to consider novel ideas and challenge each other, enabling them to infer cause and effect and to solve problems better and thereby help us to better achieve our mission. Diversity does not mean ticking boxes, it means ensuring we are best able to fulfil our mission of promoting the good of the people of the UK. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £62,700-£79,470 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Financial Markets Infrastructure
Organisation
211000 - FMI SUPERVISION
Job Posting
10-Mar-2023, 3:50:45 PM Show more details...
via LinkedIn
posted_at: 4 days agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Directorate Overview – Monetary Analysis
The Monetary Analysis (MA) directorate is responsible
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Directorate Overview – Monetary Analysis
The Monetary Analysis (MA) directorate is responsible for producing the analysis that underpins the design and setting of monetary policy by the Monetary Policy Committee. We also provide challenge to the MPC. In addition, we work with other directorates to support all of the Bank’s policy functions. To achieve our mission to “promote the good of the people of the United Kingdom by providing impartial expert economic analysis to the MPC and the Bank, and by sharing that analysis as widely and as accessibly as possible”, Monetary Analysis:
• Delivers high quality, innovative and timely... analysis, and invests to ensure we can respond effectively to unforeseen events.
• Values diversity of thought, skills and experience, and fosters an environment in which colleagues continuously develop and learn.
• Seeks out and incorporates views and insights from those outside the Bank.
• Enhances the Bank’s accountability by developing new ways to publish our analysis and make it accessible to a wide readership.
Department Overview – External Engagement Division
The role of the External Engagement Division (EED) is to lead MA’s engagement with the outside world and the rest of the Bank. This involves the production of the Monetary Policy Report and, in conjunction with the Communications directorate, associated layers. We also run the MPC Secretariat, which manages links between MA and key areas and Committees around the Bank. The Bank’s Agency network is also part of EED, gathering intelligence from businesses and other organisations around the UK to inform policymakers and helping to get the Bank’s messages out.
We’re recruiting for a new Scale D Deputy Head of MPC Secretariat based in the External Engagement Division of Monetary Analysis. You’ll be taking the lead on the coordination of MPC policy meetings, drafting the MPC Monetary Policy Summary and minutes, and MPC liaison. You will also be responsible for a range of operational MPC processes, with support from a new MPC Administrator role based in EED as well as the existing MPC Secretariat team. You will report to and work closely with the Head of MPC Secretariat, and be part of both the EED and MA Management Teams.
The Deputy Head of Secretariat will be responsible for:
• Leading the MPC Secretariat process during MPC policy rounds, including those that coincide with the publication of the quarterly Monetary Policy Report. This comprises the planning for and coordination of the round, attending MPC policy meetings, producing the Monetary Policy Summary and minutes of the meeting in conjunction with the MPC and other Secretariat members, and de-briefing colleagues after the round.
• Helping to develop EED’s role in wider monetary policy communications, including preparations for the MPR press conference and parliamentary hearings. The successful applicant will need to work effectively with a range of stakeholders including colleagues in EED, the Communications directorate and the private offices of MPC members.
• Taking the lead in delivering the Warsh Review eight-year archiving of MPC meeting transcripts and supporting staff papers.
• Liaising with colleagues in MA and Markets working on issues relating to monetary policy tools and strategy – both economic and operational, with a particular focus on communication.
• Sharing best practice with and learning from other Bank Committee Secretariats and working with Legal and Secretary’s Department colleagues on MPC governance issues.
• Supporting the External MPC Unit from an MA perspective, including liaising with external MPC members and their supporting economists.
• Leading on business contingency planning for MPC policy meeting processes including liaison with the Audit and Risk directorates.
This is a people management role. You will be responsible for day to day management of and coaching and providing support for a new Scale H MPC Administrator role. You will be responsible for managing all staff-related matters that may arise including performance, absence and sickness. The successful applicant will also regularly manage virtual teams via the Secretariat processes and provide second assessor support to the four external member Policy Advisors in the MPC Unit.
Number of direct reports: 1
Job Requirements
Minimum Criteria:
You should be able to demonstrate that you:
• Have a high level of knowledge of current monetary policy issues and relevant technical expertise, although this role is open to those from a range of different backgrounds in terms of formal economics training.
• Have a strong track record of senior stakeholder management and influence, and working effectively across boundaries
Desirable Criteria:
You should be able to demonstrate that you:
• Have a high level of knowledge of the current monetary policy debate and relevant technical expertise, although this role is open to those from a range of different backgrounds in terms of formal economics training.
• Have excellent communication skills, including the written drafting of highly market sensitive monetary policy messages and the confidence to challenge MPC members on aspects of their communication.
• Have a strong track record of senior stakeholder management and influence, and working effectively across boundaries.
• Have the ability to juggle a number of economic and operational issues in order to deliver the smoothest possible MPC process and clearest communication, particularly when working under pressure ahead of end-of-round deadlines or in response to changing circumstances.
• Can share information and represent MPC communications effectively and sensitively across the wider Bank and externally.
• Can anticipate risks and opportunities for change in the MPC process.
• Have experience of tangibly improving diversity and inclusive culture at the Bank or elsewhere.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns. Applicants should be aware that the demands of the role can be intense during the immediate run-up to the publication of the MPC’s policy decision and minutes, with opportunity for much greater flexibility between rounds.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary from £79,880-£101,250 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Economics
Organisation
532000 - MONETARY ANALYSIS
Job Posting
10-Mar-2023, 2:48:09 PM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Directorate Overview – Monetary Analysis
The Monetary Analysis (MA) directorate is responsible for producing the analysis that underpins the design and setting of monetary policy by the Monetary Policy Committee. We also provide challenge to the MPC. In addition, we work with other directorates to support all of the Bank’s policy functions. To achieve our mission to “promote the good of the people of the United Kingdom by providing impartial expert economic analysis to the MPC and the Bank, and by sharing that analysis as widely and as accessibly as possible”, Monetary Analysis:
• Delivers high quality, innovative and timely... analysis, and invests to ensure we can respond effectively to unforeseen events.
• Values diversity of thought, skills and experience, and fosters an environment in which colleagues continuously develop and learn.
• Seeks out and incorporates views and insights from those outside the Bank.
• Enhances the Bank’s accountability by developing new ways to publish our analysis and make it accessible to a wide readership.
Department Overview – External Engagement Division
The role of the External Engagement Division (EED) is to lead MA’s engagement with the outside world and the rest of the Bank. This involves the production of the Monetary Policy Report and, in conjunction with the Communications directorate, associated layers. We also run the MPC Secretariat, which manages links between MA and key areas and Committees around the Bank. The Bank’s Agency network is also part of EED, gathering intelligence from businesses and other organisations around the UK to inform policymakers and helping to get the Bank’s messages out.
We’re recruiting for a new Scale D Deputy Head of MPC Secretariat based in the External Engagement Division of Monetary Analysis. You’ll be taking the lead on the coordination of MPC policy meetings, drafting the MPC Monetary Policy Summary and minutes, and MPC liaison. You will also be responsible for a range of operational MPC processes, with support from a new MPC Administrator role based in EED as well as the existing MPC Secretariat team. You will report to and work closely with the Head of MPC Secretariat, and be part of both the EED and MA Management Teams.
The Deputy Head of Secretariat will be responsible for:
• Leading the MPC Secretariat process during MPC policy rounds, including those that coincide with the publication of the quarterly Monetary Policy Report. This comprises the planning for and coordination of the round, attending MPC policy meetings, producing the Monetary Policy Summary and minutes of the meeting in conjunction with the MPC and other Secretariat members, and de-briefing colleagues after the round.
• Helping to develop EED’s role in wider monetary policy communications, including preparations for the MPR press conference and parliamentary hearings. The successful applicant will need to work effectively with a range of stakeholders including colleagues in EED, the Communications directorate and the private offices of MPC members.
• Taking the lead in delivering the Warsh Review eight-year archiving of MPC meeting transcripts and supporting staff papers.
• Liaising with colleagues in MA and Markets working on issues relating to monetary policy tools and strategy – both economic and operational, with a particular focus on communication.
• Sharing best practice with and learning from other Bank Committee Secretariats and working with Legal and Secretary’s Department colleagues on MPC governance issues.
• Supporting the External MPC Unit from an MA perspective, including liaising with external MPC members and their supporting economists.
• Leading on business contingency planning for MPC policy meeting processes including liaison with the Audit and Risk directorates.
This is a people management role. You will be responsible for day to day management of and coaching and providing support for a new Scale H MPC Administrator role. You will be responsible for managing all staff-related matters that may arise including performance, absence and sickness. The successful applicant will also regularly manage virtual teams via the Secretariat processes and provide second assessor support to the four external member Policy Advisors in the MPC Unit.
Number of direct reports: 1
Job Requirements
Minimum Criteria:
You should be able to demonstrate that you:
• Have a high level of knowledge of current monetary policy issues and relevant technical expertise, although this role is open to those from a range of different backgrounds in terms of formal economics training.
• Have a strong track record of senior stakeholder management and influence, and working effectively across boundaries
Desirable Criteria:
You should be able to demonstrate that you:
• Have a high level of knowledge of the current monetary policy debate and relevant technical expertise, although this role is open to those from a range of different backgrounds in terms of formal economics training.
• Have excellent communication skills, including the written drafting of highly market sensitive monetary policy messages and the confidence to challenge MPC members on aspects of their communication.
• Have a strong track record of senior stakeholder management and influence, and working effectively across boundaries.
• Have the ability to juggle a number of economic and operational issues in order to deliver the smoothest possible MPC process and clearest communication, particularly when working under pressure ahead of end-of-round deadlines or in response to changing circumstances.
• Can share information and represent MPC communications effectively and sensitively across the wider Bank and externally.
• Can anticipate risks and opportunities for change in the MPC process.
• Have experience of tangibly improving diversity and inclusive culture at the Bank or elsewhere.
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns. Applicants should be aware that the demands of the role can be intense during the immediate run-up to the publication of the MPC’s policy decision and minutes, with opportunity for much greater flexibility between rounds.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary from £79,880-£101,250 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Economics
Organisation
532000 - MONETARY ANALYSIS
Job Posting
10-Mar-2023, 2:48:09 PM Show more details...
via LinkedIn
posted_at: 4 days agoschedule_type: Full-time
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector, and the rise of rise of fintech and regtech. A core organisational strength, with our people at our centre, Technology enable the Bank of England to deliver its mission by providing a hugely diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team that’s constantly evolving, just like our industry.
We take pride in our people, with backgrounds and... experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.
At The Bank of England, we are seeking to attract and employ the best people by encouraging applications from candidates who reflect the diverse nature of the society we serve.
Be part of a Digital Platform team whose platforms and products enable a digital and agile Bank for all, achieved with a diverse and talented division of technology professionals. Our divisional values represent the culture we drive:
• Responsive & agile
• Collaborate & connect
• Automation, Automation, Automation
• Rapidly Experimenting
• Continuously Learning
Enjoy flexible working opportunities, a close community, genuine care for personal well-being, and a collective mission to promote the good of the people of the UK.
In the Data, Analytics & Modelling domain you will join a forward-thinking team! We experiment with new technologies, follow Agile methods as our preferred approach, and our people always come first.
Role Description
We are seeking an experienced product engineer to join our team of technicians that are responsible for the owning the development and support of the suite of analytical systems that the team develop. We are adopting Data Warehouse and Mart methodologies to drive value added solutions into our business area stakeholders. This enables complex analysis and visualisation of large volumes of data, ultimately resulting in sound decision making.
Utilise your technical skills and expertise to play a key role in the team’s activities that include all phases of the software development lifecycle. You will work on multiple work-streams and be able to act independently, making decisions, applying analytical judgement and being an active member of the team. This role may include periods of remote out of hours support as required by the business area’s needs.
We adopt a DevOps mind-set and are responsible for the operation of the applications we deliver. Influence the testing and implementation of these components and provide post implementation support. Contribute to technical discussions, influence ways of working, share knowledge and provide technical mentorship to other team members.
We welcome applications that demonstrate a strong drive to continuously learn and develop, with good collaborative values. Our domain invests in developing technical skills to enable you to be at your best.
Job Requirements
How You Will Make a Difference
• Build high quality Technology solutions
• Play a key role in the entire lifecycle of the project from inception to support.
• Continually test your programs, correct errors to maximise quality
• Take ownership in reviewing work as well as participating in colleague reviews
• Support all aspects of the data lifecycle, operating in an agile way of working
• Be part of a high performing team forming strong and impactful relationships
• Coach and mentor others
• Invest time in professional and personal development
What We Are Looking For
• Min 1 years’ experience in the following technologies Azure SQL, Azure Data Factory. T-SQL, SSIS and the building/supporting of data warehouses/marts
• Understanding of database concepts (relational & non-relational) to a proficient level.
• Ideally experience in Power BI and Tableau but not essential
• Ideally experience in working with Cloud infrastructures or an interest and willingness to learn
• Have a good level of software testing experience sufficient to take part in test activities including test case derivation, unit testing, supporting system testing and user acceptance test
• Experience of tools supporting the development and version control process, for example GIT, Jira, Azure DevOps (formerly TFS)
• Have the ability to communicate clearly and form relationships with business users and demonstrate an understanding of business processes
• A dedication to continuously learn new skills and apply this in relation to design, development, test and support activities
• A team member who takes pride in the work they deliver and their contribution to the team
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £37,320 - £44,190 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31st March
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Information Technology
Organisation
148000 - PRODUCT DEVELOPMENT
Job Posting
10-Mar-2023, 11:56:36 AM Show more details...
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector, and the rise of rise of fintech and regtech. A core organisational strength, with our people at our centre, Technology enable the Bank of England to deliver its mission by providing a hugely diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team that’s constantly evolving, just like our industry.
We take pride in our people, with backgrounds and... experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.
At The Bank of England, we are seeking to attract and employ the best people by encouraging applications from candidates who reflect the diverse nature of the society we serve.
Be part of a Digital Platform team whose platforms and products enable a digital and agile Bank for all, achieved with a diverse and talented division of technology professionals. Our divisional values represent the culture we drive:
• Responsive & agile
• Collaborate & connect
• Automation, Automation, Automation
• Rapidly Experimenting
• Continuously Learning
Enjoy flexible working opportunities, a close community, genuine care for personal well-being, and a collective mission to promote the good of the people of the UK.
In the Data, Analytics & Modelling domain you will join a forward-thinking team! We experiment with new technologies, follow Agile methods as our preferred approach, and our people always come first.
Role Description
We are seeking an experienced product engineer to join our team of technicians that are responsible for the owning the development and support of the suite of analytical systems that the team develop. We are adopting Data Warehouse and Mart methodologies to drive value added solutions into our business area stakeholders. This enables complex analysis and visualisation of large volumes of data, ultimately resulting in sound decision making.
Utilise your technical skills and expertise to play a key role in the team’s activities that include all phases of the software development lifecycle. You will work on multiple work-streams and be able to act independently, making decisions, applying analytical judgement and being an active member of the team. This role may include periods of remote out of hours support as required by the business area’s needs.
We adopt a DevOps mind-set and are responsible for the operation of the applications we deliver. Influence the testing and implementation of these components and provide post implementation support. Contribute to technical discussions, influence ways of working, share knowledge and provide technical mentorship to other team members.
We welcome applications that demonstrate a strong drive to continuously learn and develop, with good collaborative values. Our domain invests in developing technical skills to enable you to be at your best.
Job Requirements
How You Will Make a Difference
• Build high quality Technology solutions
• Play a key role in the entire lifecycle of the project from inception to support.
• Continually test your programs, correct errors to maximise quality
• Take ownership in reviewing work as well as participating in colleague reviews
• Support all aspects of the data lifecycle, operating in an agile way of working
• Be part of a high performing team forming strong and impactful relationships
• Coach and mentor others
• Invest time in professional and personal development
What We Are Looking For
• Min 1 years’ experience in the following technologies Azure SQL, Azure Data Factory. T-SQL, SSIS and the building/supporting of data warehouses/marts
• Understanding of database concepts (relational & non-relational) to a proficient level.
• Ideally experience in Power BI and Tableau but not essential
• Ideally experience in working with Cloud infrastructures or an interest and willingness to learn
• Have a good level of software testing experience sufficient to take part in test activities including test case derivation, unit testing, supporting system testing and user acceptance test
• Experience of tools supporting the development and version control process, for example GIT, Jira, Azure DevOps (formerly TFS)
• Have the ability to communicate clearly and form relationships with business users and demonstrate an understanding of business processes
• A dedication to continuously learn new skills and apply this in relation to design, development, test and support activities
• A team member who takes pride in the work they deliver and their contribution to the team
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £37,320 - £44,190 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31st March
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Information Technology
Organisation
148000 - PRODUCT DEVELOPMENT
Job Posting
10-Mar-2023, 11:56:36 AM Show more details...
via LinkedIn
posted_at: 4 days agoschedule_type: Full-time
Directorate Overview
The Bank of England (BOE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. Our ambition is to do this in a way that is more humble, human and in step with the changing world
Central Services is the engine room of the Bank. We’re 1200 people delivering mission critical services across Technology, Operations and People functions. We’re undertaking an ambitious three
Directorate Overview
The Bank of England (BOE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. Our ambition is to do this in a way that is more humble, human and in step with the changing world
Central Services is the engine room of the Bank. We’re 1200 people delivering mission critical services across Technology, Operations and People functions. We’re undertaking an ambitious three year transformation programme Led by the Bank’s Chief Operating Officer, Ben Stimson and overseen by the Bank’s Governor, Andrew Bailey and Chair of Court, David Roberts, to ensure we can continue to provide excellence in our professional services to colleagues across the Bank
Following a detailed design phase which culminated in Court approval in September 2022, we are now appointing an ambitious team of leaders/future leaders to lead on the implementation phase.
With the support of the Bank’s Governors and Non-Exec Directors, the... implementation phase will be led by a Central Services 2025 delivery team comprising a mix of skills and experience, with the in-house team supported by a team of external experts with experience of delivering organisational change.
The opportunity
We’re looking for two people who are passionate about great story telling and know the difference effective engagement can make to an organisations culture to join the programme team.
You’ll work closely with the Communications and Engagement lead to tell the why of the transformation, as well as detail around the what, when and how.
You’ll be a self starter with bags of enthusiasm. The team is starting from (almost) a blank slate, so you’ll bring best practice and innovation around channels and tools and collateral to support our transformation activity.
Responsibilities of the Employee Engagement and Communication Advisor will include:
• Working with the Culture, Communication and Colleague Engagement lead to provide high profile strategic employee engagement and communications approach for CS2025 to ensure a regular rhythm of communication and opportunities for colleagues to engage with and contribute to the success of the Programme.
• Regularly mapping strategic stakeholders and updating plans accordingly, to ensure their continued support and advocacy for the CS 2025 Programme.
• Using your deep understanding of the barriers to engagement and culture change that might exist and considering thoughtful and innovative ways to unblock those in order to create sustainable behavioural change
• Leading on the crafting and deliver of compelling and engaging internal campaigns for specific programme workstreams to ensure communications and engagement opportunities are tailored to different audiences and communication preferences.
• Contributing knowledge, ideas, creativity and expertise to prepare impactful visual aids, presentations, speaking notes, blogs, news articles and FAQ to support across the Programme Team
• Ensuring all communications and engagement opportunities are inclusive and accessible to all and that they are consistent with and aligned to the Bank’s diversity and inclusion strategy and priorities.
• Collaborating closely to ensure employee engagement and communication activities are coherently aligned with other key engagement and culture change activities across Central Services and other business areas of the Bank.
• Liaising closely with the Bank’s Internal Communications team to ensure messaging and sequencing of communications are aligned with central internal communications strategy and plans.
• Put in place robust metrics and evaluation to monitor the effectiveness of the employee engagement and communications, adapting the plan as required.
Role Requirements
Minimum Criteria
• Previous experience in an internal comms role where you lead the creation and delivery of internal communications and engagement campaigns
• Significant experience of writing, editing and creating engaging content across multiple digital and face to face channels including internal news announcements, newsletters, blogs, surveys and online / face to face forums.
• Understanding of the enablers of engagement and how they should be used in communications
• Excellent written and oral communication skills at all levels – a natural storyteller
• Passionate about diversity & inclusion
• Comfortable with feeding back to colleagues at all levels in terms of how their engagement activity can be made even better
• Creative thinker- we want you to come up with new and exciting ways we can engage, motivate, excite our employees through engagement and internal communications activities
• The ability to work autonomously and at pace for a significant portion of your time in the delivery of communication or engagement activity
Desirable Criteria
• Direct experience of delivering internal communications as part of a change or transformation programme
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £45, 900- £53, 460 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 27/03/2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Communications
Organisation
189001 - CS OPTIMISATION DIRECTORS OFFICE
Job Posting
10-Mar-2023, 11:50:45 AM Show more details...
The Bank of England (BOE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. Our ambition is to do this in a way that is more humble, human and in step with the changing world
Central Services is the engine room of the Bank. We’re 1200 people delivering mission critical services across Technology, Operations and People functions. We’re undertaking an ambitious three year transformation programme Led by the Bank’s Chief Operating Officer, Ben Stimson and overseen by the Bank’s Governor, Andrew Bailey and Chair of Court, David Roberts, to ensure we can continue to provide excellence in our professional services to colleagues across the Bank
Following a detailed design phase which culminated in Court approval in September 2022, we are now appointing an ambitious team of leaders/future leaders to lead on the implementation phase.
With the support of the Bank’s Governors and Non-Exec Directors, the... implementation phase will be led by a Central Services 2025 delivery team comprising a mix of skills and experience, with the in-house team supported by a team of external experts with experience of delivering organisational change.
The opportunity
We’re looking for two people who are passionate about great story telling and know the difference effective engagement can make to an organisations culture to join the programme team.
You’ll work closely with the Communications and Engagement lead to tell the why of the transformation, as well as detail around the what, when and how.
You’ll be a self starter with bags of enthusiasm. The team is starting from (almost) a blank slate, so you’ll bring best practice and innovation around channels and tools and collateral to support our transformation activity.
Responsibilities of the Employee Engagement and Communication Advisor will include:
• Working with the Culture, Communication and Colleague Engagement lead to provide high profile strategic employee engagement and communications approach for CS2025 to ensure a regular rhythm of communication and opportunities for colleagues to engage with and contribute to the success of the Programme.
• Regularly mapping strategic stakeholders and updating plans accordingly, to ensure their continued support and advocacy for the CS 2025 Programme.
• Using your deep understanding of the barriers to engagement and culture change that might exist and considering thoughtful and innovative ways to unblock those in order to create sustainable behavioural change
• Leading on the crafting and deliver of compelling and engaging internal campaigns for specific programme workstreams to ensure communications and engagement opportunities are tailored to different audiences and communication preferences.
• Contributing knowledge, ideas, creativity and expertise to prepare impactful visual aids, presentations, speaking notes, blogs, news articles and FAQ to support across the Programme Team
• Ensuring all communications and engagement opportunities are inclusive and accessible to all and that they are consistent with and aligned to the Bank’s diversity and inclusion strategy and priorities.
• Collaborating closely to ensure employee engagement and communication activities are coherently aligned with other key engagement and culture change activities across Central Services and other business areas of the Bank.
• Liaising closely with the Bank’s Internal Communications team to ensure messaging and sequencing of communications are aligned with central internal communications strategy and plans.
• Put in place robust metrics and evaluation to monitor the effectiveness of the employee engagement and communications, adapting the plan as required.
Role Requirements
Minimum Criteria
• Previous experience in an internal comms role where you lead the creation and delivery of internal communications and engagement campaigns
• Significant experience of writing, editing and creating engaging content across multiple digital and face to face channels including internal news announcements, newsletters, blogs, surveys and online / face to face forums.
• Understanding of the enablers of engagement and how they should be used in communications
• Excellent written and oral communication skills at all levels – a natural storyteller
• Passionate about diversity & inclusion
• Comfortable with feeding back to colleagues at all levels in terms of how their engagement activity can be made even better
• Creative thinker- we want you to come up with new and exciting ways we can engage, motivate, excite our employees through engagement and internal communications activities
• The ability to work autonomously and at pace for a significant portion of your time in the delivery of communication or engagement activity
Desirable Criteria
• Direct experience of delivering internal communications as part of a change or transformation programme
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This specific role offers a base salary range of £45, 900- £53, 460 per annum (depending on skills and experience) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits. (Note: effective from April 2023)
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 27/03/2023
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.
Primary Location
UK-ENG-London
Job
Communications
Organisation
189001 - CS OPTIMISATION DIRECTORS OFFICE
Job Posting
10-Mar-2023, 11:50:45 AM Show more details...
via Talvana
posted_at: 14 days agoschedule_type: Full-time
The Bank of England?s Resolution Directorate (RD) is seeking to recruit a number of exciting roles: Senior Analyst (Scale F) and Analyst (Scale G).
RD is responsible for carrying out the Bank?s function as the UK resolution authority to prepare for and, if needed, manage the failure of banks and/or other financial institutions. We are looking for highly motivated, proactive and analytically minded people to join us and support the delivery of our
The Bank of England?s Resolution Directorate (RD) is seeking to recruit a number of exciting roles: Senior Analyst (Scale F) and Analyst (Scale G).
RD is responsible for carrying out the Bank?s function as the UK resolution authority to prepare for and, if needed, manage the failure of banks and/or other financial institutions. We are looking for highly motivated, proactive and analytically minded people to join us and support the delivery of our work. If this sounds like you, please read on for more detail!
RD is a dynamic area of about 100 people from a broad range of personal and professional backgrounds. We are fully committed to RD being a diverse and stimulating place to work, with plenty of opportunities to learn from colleagues and a wide range of situations. This commitment to diversity is also central to our recruitment process. The roles can accommodate job shares and flexible working patterns. Show more details...
RD is responsible for carrying out the Bank?s function as the UK resolution authority to prepare for and, if needed, manage the failure of banks and/or other financial institutions. We are looking for highly motivated, proactive and analytically minded people to join us and support the delivery of our work. If this sounds like you, please read on for more detail!
RD is a dynamic area of about 100 people from a broad range of personal and professional backgrounds. We are fully committed to RD being a diverse and stimulating place to work, with plenty of opportunities to learn from colleagues and a wide range of situations. This commitment to diversity is also central to our recruitment process. The roles can accommodate job shares and flexible working patterns. Show more details...
via Indeed
posted_at: 5 days agoschedule_type: Full-time
Policy Analysts - Resolution Directorate
-
(
008588
)
Primary Location UK-ENG-London
Job Resolution
Organisation 420101 - RESOLUTION
Job Posting 09-Mar-2023, 7:45:32 AM
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the
Policy Analysts - Resolution Directorate
-
(
008588
)
Primary Location UK-ENG-London
Job Resolution
Organisation 420101 - RESOLUTION
Job Posting 09-Mar-2023, 7:45:32 AM
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
The Bank is the UK resolution authority and is responsible for both the execution of resolutions when necessary and developing policy to make banks more resolvable both within the UK and internationally and to implement the resolution part of the post financial crisis agenda. The Resolution Directorate (RD) is a team within the Bank that performs that function.
Department Overview
RD is a highly dynamic area of around 100 people from a diverse range of personal... and professional backgrounds. We welcome a variety of experiences including policy analysis, supervision, central banking, economics, professional services and accounting, law, banking, credit rating agencies, and finance ministries. Our team reflects the broad range of issues we confront. This makes it a stimulating, enjoyable and exciting place to work, and one where it is possible to learn rapidly from a wide range of colleagues and situations.
The Resolution Policy Division leads on policy issues across its three teams: MREL & Liquidity; Continuity & Restructuring; and Non-banks (CCPs and insurers). The Division’s primary role is to design, develop, influence and help implement improvements to the UK’s resolution regimes. Resolution issues are often new and exciting and demand a broad skillset - which we support our staff to develop. Identifying and agreeing solutions requires intellectual agility, the ability to see the points of view of others and influence them, and a willingness to hold firms and other stakeholders to account.
We are fully committed to having a diverse and inclusive working environment and we support our staff in structuring their working arrangements to balance their work-life needs. Roles are open to job shares, flexible (including working from home days) and part-time working patterns.
The RD supports our staff in seeking relevant professional qualifications (i.e. accountancy, CFA etc.) via the apprenticeship scheme supported by the Bank.
Job Description
We are recruiting for Policy Analysts (Scale F or Scale G) in the Resolution Policy Division: one role focused on liquidity work in the MREL & Liquidity Team; and the other role focused on valuation work in the Continuity & Restructuring Team. Despite the primary focus of the roles, the Policy Analysts will have plenty of opportunities to work on other policy issues under the purview of their respective teams, including MREL issues in the MREL & Liquidity Team and operational continuity in resolution, contractual stays, etc. in the Continuity & Restructuring Team.
Scale G Policy Analysts typically have a few years’ relevant experience, while Scale F Policy Analysts are more experienced professionals who are expected to take ownership for tasks and apply judgment in supporting projects.
You may apply for either or both roles, and you will be able to express a preference between the two at interview.
Key responsibilities of the role will likely include:
• Analysing/researching policy issues and developing proposals to present to senior decision makers.
• Drafting and inputting to key documents for senior Bank staff, senior Bank committees and public communications.
• Coordinating contributions from others across the Bank
• Support your line manager, senior manager and others of the RD when they are representing the Bank on resolution policy issues in international fora (e.g. FSB) or engaging with overseas authorities.
• Building relationships with internal (eg. supervisors) and external stakeholders (e.g. HM Treasury, overseas authorities, firms) to understand their views and explain our positions.
• Support other workstreams within the Resolution Policy Division or the wider RD as required.
Role Requirements
(Please do not be put off from applying if you do not meet all the criteria in the below)
Minimum Essential Criteria
• Strong analytical skills evidencing ability to digest complex information from a number of sources to develop robust conclusions.
• Ability to work as part of a team and to challenge constructively by bringing a diverse set of views and perspectives.
• Agility to work on multiple projects and ability to work at pace if needed.
• A demonstrable ability to think clearly and critically.
• Ability to make good judgements and decisions which can be explained concisely.
• Ability to present information clearly and effectively across seniority levels and adapt communication to the appropriate audience.
• Ability to build and maintain effective relationships with internal and external stakeholders, including the ability to manage conflicting views.
• Ability to manage competing priorities.
• At least two years’ relevant experience.
Desirable Criteria
• Relevant financial services experience including an understanding of banks’ businesses models, operations and risk and control environments; or accounting and finance.
• Knowledge of financial regulation especially capital and/or liquidity, UK’s resolution regime, FSCS/deposit insurance, or supervision.
• Experience of analysing/ researching policy issues, developing policy approaches and frameworks, or engaging with domestic or international policy makers.
• An academic or professional qualification in any of the following areas will be an advantage: accounting/ finance; economics; or law.
Subject to your consent, we may also consider your application for future roles across the directorate for a period of six months from when the job advert closes and share your details with the hiring teams accordingly.
Additional Information
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This roles offers a base salary range of £36,860 - £60,000 per annum (depending on skills and experience and level) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits.
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV Show more details...
-
(
008588
)
Primary Location UK-ENG-London
Job Resolution
Organisation 420101 - RESOLUTION
Job Posting 09-Mar-2023, 7:45:32 AM
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation. Each of its 4,000 people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.
The Bank is the UK resolution authority and is responsible for both the execution of resolutions when necessary and developing policy to make banks more resolvable both within the UK and internationally and to implement the resolution part of the post financial crisis agenda. The Resolution Directorate (RD) is a team within the Bank that performs that function.
Department Overview
RD is a highly dynamic area of around 100 people from a diverse range of personal... and professional backgrounds. We welcome a variety of experiences including policy analysis, supervision, central banking, economics, professional services and accounting, law, banking, credit rating agencies, and finance ministries. Our team reflects the broad range of issues we confront. This makes it a stimulating, enjoyable and exciting place to work, and one where it is possible to learn rapidly from a wide range of colleagues and situations.
The Resolution Policy Division leads on policy issues across its three teams: MREL & Liquidity; Continuity & Restructuring; and Non-banks (CCPs and insurers). The Division’s primary role is to design, develop, influence and help implement improvements to the UK’s resolution regimes. Resolution issues are often new and exciting and demand a broad skillset - which we support our staff to develop. Identifying and agreeing solutions requires intellectual agility, the ability to see the points of view of others and influence them, and a willingness to hold firms and other stakeholders to account.
We are fully committed to having a diverse and inclusive working environment and we support our staff in structuring their working arrangements to balance their work-life needs. Roles are open to job shares, flexible (including working from home days) and part-time working patterns.
The RD supports our staff in seeking relevant professional qualifications (i.e. accountancy, CFA etc.) via the apprenticeship scheme supported by the Bank.
Job Description
We are recruiting for Policy Analysts (Scale F or Scale G) in the Resolution Policy Division: one role focused on liquidity work in the MREL & Liquidity Team; and the other role focused on valuation work in the Continuity & Restructuring Team. Despite the primary focus of the roles, the Policy Analysts will have plenty of opportunities to work on other policy issues under the purview of their respective teams, including MREL issues in the MREL & Liquidity Team and operational continuity in resolution, contractual stays, etc. in the Continuity & Restructuring Team.
Scale G Policy Analysts typically have a few years’ relevant experience, while Scale F Policy Analysts are more experienced professionals who are expected to take ownership for tasks and apply judgment in supporting projects.
You may apply for either or both roles, and you will be able to express a preference between the two at interview.
Key responsibilities of the role will likely include:
• Analysing/researching policy issues and developing proposals to present to senior decision makers.
• Drafting and inputting to key documents for senior Bank staff, senior Bank committees and public communications.
• Coordinating contributions from others across the Bank
• Support your line manager, senior manager and others of the RD when they are representing the Bank on resolution policy issues in international fora (e.g. FSB) or engaging with overseas authorities.
• Building relationships with internal (eg. supervisors) and external stakeholders (e.g. HM Treasury, overseas authorities, firms) to understand their views and explain our positions.
• Support other workstreams within the Resolution Policy Division or the wider RD as required.
Role Requirements
(Please do not be put off from applying if you do not meet all the criteria in the below)
Minimum Essential Criteria
• Strong analytical skills evidencing ability to digest complex information from a number of sources to develop robust conclusions.
• Ability to work as part of a team and to challenge constructively by bringing a diverse set of views and perspectives.
• Agility to work on multiple projects and ability to work at pace if needed.
• A demonstrable ability to think clearly and critically.
• Ability to make good judgements and decisions which can be explained concisely.
• Ability to present information clearly and effectively across seniority levels and adapt communication to the appropriate audience.
• Ability to build and maintain effective relationships with internal and external stakeholders, including the ability to manage conflicting views.
• Ability to manage competing priorities.
• At least two years’ relevant experience.
Desirable Criteria
• Relevant financial services experience including an understanding of banks’ businesses models, operations and risk and control environments; or accounting and finance.
• Knowledge of financial regulation especially capital and/or liquidity, UK’s resolution regime, FSCS/deposit insurance, or supervision.
• Experience of analysing/ researching policy issues, developing policy approaches and frameworks, or engaging with domestic or international policy makers.
• An academic or professional qualification in any of the following areas will be an advantage: accounting/ finance; economics; or law.
Subject to your consent, we may also consider your application for future roles across the directorate for a period of six months from when the job advert closes and share your details with the hiring teams accordingly.
Additional Information
The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.
The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.
This roles offers a base salary range of £36,860 - £60,000 per annum (depending on skills and experience and level) on a full-time basis.
In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues
• A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
• A discretionary performance award based on a current award pool.
• A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 26 days annual leave with option to buy up to 12 additional days through flexible benefits.
• Private medical insurance and income protection.
Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.
The closing date for applications is 31 March 2023.
Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV Show more details...
Norton safe Web