Description The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. It is an historic institution with a rich history and important standing in UK public life. The Bank of England is a diverse organisation which benefits from different ideas being created by people from different backgrounds. Each of its 6,000 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. Central Services is at the heart of the Bank and integral to enabling it to deliver its vital mission by providing: assurance of a safe, efficient and robust operational running of the Bank; delivery of a strategic approach to prioritisation, planning and change; achievement of its cultural and sustainability commitments; as well as creating and supporting an employee population that better represents UK society, alongside allowing all to succeed and thrive in the workplace whether through technology or place. The Optimisation Unit reports to the Optimisation Director and forms part of the Central Operations function who are responsible for creating and maintaining safe, sustainable, and collaborative environments, across all our locations, to enable and protect the Bank fulfil its mission. We are a high performing team that has responsibility for delivering sustainable value for money solutions through strong supplier management and customer service. We take pride in our people, with backgrounds and experiences as diverse as the services we 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. Role Purpose This is a Senior PMO analytical position to support the delivery of BAU change initiatives within the Central Services Optimisation Unit. The role is vital to ensuring clear visibility of how our strategy and activity translates into delivery, managing risk, and enabling sound strategic decisions in a controlled way across a portfolio that touches every part of the Bank's operations. Role Responsibilities Support the creation/review of fit for purpose processes to support the monitoring and management of the Optimisation Unit Evaluate gaps and the interdependencies between individual programmes and projects to help maintain a single, consistent portfolio plan to drive the performance of the Optimisation Unit and the Central Services area in scope. Support the creation and maintenance of Optimisation Unit plans to provide visibility of progress against our strategic goals. Manage reporting of benefits to ensure clear visibility of the impact that strategic change initiatives will achieve. Coordinate reporting for the Unit delivery teams and governance groups to ensure the narrative is consistent, communicated in a timely manner and tracks to the plan/risks Evaluate and manage reporting on risks and interdependencies Ability to interrogate and analyse milestone completion feasibility and provide insights to the PMO manager and OU Director Collaborate with project managers across Central Services and Unit Leads to provide expert support to ensure alignment with standard programme controls and methodologies Understand and manage stakeholder expectations through reporting and the development of key deliverables Secretariat duties for governance meetings Monitor and provide advice on resources and capacity across the portfolio of change, ensuring programmes have the means for their delivery. Provide counsel to the team on best practice, methodologies and ways of working Support the planning of team/stakeholder workshops and mop up activities Deputise for the PMO manager taking the lead for reporting and governance when required Role Requirements Minimum Proven PMO track record of working in portfolio, programme, and project management using relevant methodologies (e.g. PRINCE2, MSP). Large scale transformation would be an advantage. Good experience of project planning and plan management Ability to manage self to meet changing demands in a high pressure and fast-moving environment Good experience in monitoring, managing and reporting risk, dependencies, and resourcing Good experience in assurance and developing strategies for benefits realisation Significant knowledge of programme controls and governance approaches Essential Excellent Stakeholder management skills Excellent written, verbal and communication skills Ability to align stakeholders on proposals and accountabilities for delivery Excellent organisational skills with the ability to multi-task as well as support others Our Approach to Inclusion The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve. At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public. We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed. For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders. Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application. Salary and Benefits Information We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate. Salary as follows: Leeds circa £45,160 - £52,000 London circa £50,155 - £57,000 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 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. National Security Vetting Process Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice. The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis. The Application Process Important: Please ensure that you complete the ‘work history’ section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It’s therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process. The assessment process will comprise of two interview stages. The role closes on 2nd Feb. Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed.