Location: Leeds or London Resolution Directorate (RD) Do you want to play a major role in implementing the Bank's response to financial institution failure and ending 'Too-Big-To-Fail'? Are you excited by fast-paced contingency planning? The Bank of England is the UK resolution authority and is responsible for both executing the resolution of a failing firm, including any emergency liquidity provision, and making banks more resolvable both within the UK and internationally: this is one of the Bank's strategic priorities. We are a highly diverse and varied directorate of c.110 people from a wide range of personal and professional backgrounds including policy analysis, supervision, central banking, economics, professional services, accounting, law, banking, credit rating agencies, and the wider public sector. This makes a diverse, stimulating, enjoyable and exciting place to work, where it is possible to learn rapidly from a wide range of colleagues and situations. RD as a directorate strives to be a great place to work; we offer variety and opportunity with individuals having regular access to seniors. Being part of RD means you will be intellectually challenged and developed in many ways. Inclusivity is key to everyone in RD and making sure our teams are supported and able to enjoy their work is vital. Contingency Planning Division We have two Senior Analyst opportunities in the HCF team and FSBO. Heightened Contingency Framework (HCF) - The HCF team maintains, exercises and executes the Bank's approach to responding to financial institution failure. This embeds technical, policy, execution and project management elements to enable and empower contingency planning teams to manage a resolution. Whilst failures are rare, we often perform contingency planning which provides an exciting and energising opportunity to learn, within a supportive and collaborative environment. Financial Stability Banking Operations (FSBO) - The FSBO team coordinates the execution of the Bank's lender of last resort (LOLR) function and maintains the Bank's operational readiness to provide Emergency Liquidity Assistance (ELA) and Resolution Liquidity Framework (RLF) lending to UK financial institutions. The set of responsibilities of this role includes working in live contingency planning where necessary. During contingency planning, FSBO acts as the Bank's hub to coordinate ELA and RLF strategy, policy, governance and operational decision-taking to deliver practical liquidity solutions for seniors to tight deadlines. FSBO works collaboratively with many internal and external stakeholders to deliver this. In BAU, FSBO works collaboratively to build cross-Bank capabilities, and supports readiness via our exercising strategy. Job Description Across FSBO and HCF we often deal with novel issues that require a broad skillset. We are committed to supporting our staff to develop these skills. We require agility to identify and agree solutions, understand and influence others, and have a willingness to hold firms and other stakeholders to account. We work closely with teams across the Bank on both practical and policy matters, and with colleagues at HMT, the FCA and the FSCS. The Senior Analyst role would suit a curious and motivated individual with the ability to learn quickly and solve problems at pace. Flexibility may be required to support contingency planning. Role Requirements The following list covers some skills that we think would be valuable, and we encourage applications even if you don't meet all of the below. We provide comprehensive training on resolution, and you would be supported in developing your skills. Minimum Criteria Evidence of strong analytical skills evidencing ability to digest complex and potentially ambiguous information from several sources to develop robust conclusions. Ability to evidence an appropriate level of technical knowledge of financial services and be able to apply this in practice in your day-to-day work. Experience of work relating to firms facing financial distress and crisis response. Essential Criteria Be a self-starter, highly motivated and capable of working autonomously, often at a fast pace. Experience of working across multiple projects concurrently. Proven ability to work as part of a team, taking a lead on specific deliverables, and delivering high-quality output on time with limited input. A track record of engaging with other teams and delivering results through building strong working relationships. Strong communication skills, including presenting to large audiences. Adept at financial analysis, including reviewing financial information to assess solvency & liquidity positions and forecasts, and monitoring recovery actions for distressed firms. Desirable Criteria Practical experience of bank supervision or other firm-facing experience, particularly contingency planning. Experience of reviewing and analysing the structure, operations and business models of financial institutions Insolvency, Restructuring, Corporate finance or accountancy experience. Additional Information 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. 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. We offer a salary as follows: Leeds circa £48,640 - £54,720 London circa £54,080 - £60,840 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. This role closes on Monday 28 April. Please indicate in the application form if you are interested in one or both roles. The assessment process will comprise of one interview, split into two stages - an exercise followed by a set of skills, experience and competency interview questions. 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. LI-MR1