Job Description
This position is based in our Leeds office
Data and Statistics Division (DSD)
The largest division within DAT, DSD is the Bank's centre of expertise for the acquisition, compilation, dissemination and publication of regulatory and statistical data. Our work supports analysis, policy- and decision-making by the Bank's Committees, UK government departments and international organisations. Our data are used prominently in the Inflation Report, Financial Stability Report, Credit Conditions Review, Stress Test Results, FPC Core Indicators and Quarterly Bulletin. Decisions made in these fora and from these reports have national economic significance.
We collect data from banks and buildings societies, credit unions, insurance companies and regulated mortgage lenders and administrators. This takes place via 35 statistical collections and over 200 regulatory collections.
We cleanse these datasets and publish statistical data via our interactive database. We provide quality assurance and user support for the PRA and other users of our regulatory data. We handle the timely and accurate collection of various data types from different statistical and regulatory reporters. The division is home to a wide range of work including:
1. Collection of large volumes of data on the financial system;
2. Validation, cleaning, compilation and analysis of data;
3. Helping users inside and outside the Bank understand our data and statistics.
Responsibilities
This is a significant leadership role. You will be responsible for day-to-day leadership of the DSD senior management team and of DSD more broadly, as well as working closely with the rest of the DAT Leadership Team to run the wider directorate. You will develop your team through sharing information effectively, coaching, and through communicating a clear vision to ensure that DSD colleagues 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 teams, division and directorate.
The Head of DSD manages the senior managers of the division directly and through them c. 100 staff across the core functions of the division. Alongside overseeing the management of the regular outputs and operational work of the division, this leadership role also includes supporting the division through a time of rapid and exciting change. Data volumes are increasing in volume and complexity, and the division is growing its skillsets in data engineering, analytics and visualisation to help us automate operational work and spot anomalies in data more efficiently. In addition to this, the Head of DSD is also responsible for supporting DSD in successful engagement with a wide variety of stakeholders across the Bank, including the PRA, MA, FSSR, Technology and Audit.
In particular, the Head of DSD is Mission Owner of Mission 2 of the Bank's D&A Strategy - Bridge the data gaps to increase the value of the data we collect and share. This involves being accountable for progress against this mission, collaborating with key internal and external stakeholders, and delivering updates to the Chief Data Officer and relevant governance forums.
Role Requirements
Essential Criteria
1. Excellent leadership skills, experience building strategic direction and developing effective teams.
2. Excellent stakeholder management skills, with the ability to influence business decisions to senior level, with a proven ability to handle a highly complex matrix of stakeholders.
3. A good understanding of the data collected and used by the Bank and knowledge of the statistics the Bank produces.
4. Confidence in overseeing the use of large, complex operational IT systems.
5. Confidence in overseeing the development of processes and applications in analytical coding languages (R, Shiny, Python).
6. Confidence and experience overseeing change; ability to collaborate with others on complex change programmes.
7. Knowledge of effective methods to support the continued improvement of Diversity, Equity and Inclusion (DEI) across DAT.
Desirable Criteria
1. Data analysis and data management experience, including managing expert teams.
2. Awareness of the Bank's Data & Analytics Strategy.
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.
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.
This role offers a competitive salary. In addition, we also offer a comprehensive benefits package as detailed below:
1. Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked.
2. A discretionary performance award based on a current award pool.
3. A 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
4. 26 days' annual leave with option to buy up to 12 additional days through flexible benefits.
5. 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 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.
This role closes on 20th February 2025.
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.
About Us
We are the UK's central bank - and we are a bank like no other; known by our peers for our world-leading thinking on policy and strategy.
Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and people's money safe. We know our work matters to people, to families, up and down the UK. We are driven by curiosity and the desire to do important, challenging work.
Join us and find a bank like no other. Together, we can make a difference. #J-18808-Ljbffr