Senior Manager, Innovation & Data Team in MBR Fit for the Future Division

Strategic Change & Operations (SCO)

Sitting within the Markets, Banking, and Resolution (MBR) deputy governorship, the SCO directorate is central to the success of MBR and the Bank of England. With around 110 staff, it is responsible for the delivery of services that cut across the other directorates. In particular, it takes the lead on issues relating to: operational resilience; change delivery, business planning and oversight; strategic transformational change; challenge and mitigation of operational risk; people strategy including promoting diversity and inclusion; management and control of end-to-end business process and data flows in relation to financial market operations.

MBR Fit for the Future Division (FftF)

FftF is responsible for MBR’s investment sub-portfolio, its programme of continuous improvement, and the Innovation & Data Team. It aims to help meet the operational business needs of MBR by helping to plan, initiate and deliver successful change programmes across the governorship. And it supports staff to make the most efficient use of data and new technologies. This includes identifying and agreeing the capabilities, outcomes and benefits required to resolve MBR’s obsolescence issues and reduce operational risk. In this way it works with other directorates completing transformation work to build an operational approach that is future-proofed and fit for purpose.

Innovation & Data Team

This is a new team that will play an important role in supporting MBR to work more effectively and efficiently by making better use of its data and the technologies available. It will be responsible for developing a strategic approach to the preparation, storage, and integration of data across MBR, working hand in hand with the business areas producing and consuming the data. The team aims to ensure consistency, improve data quality, and streamline data processes where possible. It will also work with business areas around MBR to catalyse the adoption of new technologies like AI and Microsoft Power Platform, and to help share good practice and identify productivity improvements. 

The team will initially be small, consisting of a Scale D Senior Manager, a Scale E Manager/Product Owner and 1-2 data scientists. It is envisaged that it will be supported by others from within the Change Delivery team in FftF, and other teams across MBR. To deliver effectively the team will need to build strong relationships around MBR, Technology and DAT, and work with other teams in MBR to develop innovative approaches which can be shared more widely. 

Job Description

This job advert is for the Senior Manager of the new Innovation & Data team.  The role will be central to helping MBR to make effective use of data and technology to improve its business processes and analytical outputs. It offers an excellent opportunity to combine cross-divisional engagement/management, thought leadership and analytical skills.  The successful candidate will be responsible for helping to shape the new team and develop and implement the vision for it.

The role holder’s responsibilities will include:

• Developing, and being responsible for the implementation of, the strategy for supporting data analytics and use of innovative technologies across MBR. 
• Working with high-profile change projects in MBR to help ensure the right approaches to data are being designed and delivered, and working with business-as-usual teams to support improvements to existing processes and outputs.
• Developing relationships and establishing the team’s brand across the governorship. 
• Developing their staff into a high-performing team, supporting team members to build their skills and outputs, and helping them to progress their personal and career development.
• Engaging with and influencing business, technology, and data teams to ensure effective and efficient delivery of the team’s strategic approach.
• Being an active part of the FftF senior management team, supporting the management and strategic direction of the division.

The successful candidate will have day to day management of small team. They will develop their team through sharing information effectively, coaching and communicating a clear vision to ensure staff are productive, engaged, and motivated to deliver the team’s business aims. This includes setting clear goals and smart objectives aligning to the team, FftF Division, and SCO Directorate objectives. The role includes the responsibility for managing all colleague matters such as performance, absence, and sickness.

Number of direct reports: 1-2 (initially)

Role requirements

Minimum criteria

• Experience of owning and delivering data analytics, technology or business change projects within established governance frameworks.
• Experience of working with data analytics, or innovative data/process tools that drive business improvements.
• Experience of translating complex and technical issues for a variety of audiences, from senior partners to working level colleagues.
• Extensive and inclusive leadership skills and experience, with a track record of leading, developing and motivating multi-disciplinary teams. 

Further Essential Criteria

• Excellent cross-divisional influencing and engagement skills, demonstrating credibility at a senior level and being able to bring others with you.
• An ability to prioritise effectively and efficiently, handling tricky prioritisation decisions and timelines across a range of topics.
• A good understanding of how innovative technology and data analytics can drive business strategy and decision-making, and an appreciation of how they might be applied within a public sector organisation like the Bank.
• The ability to communicate with impact and sensitivity to different audiences, including presenting to senior leadership or committees.

Desirable Criteria

• Knowledge of the latest trends and technologies in data and analytics that could be used to drive innovation within the team and more widely.
• Experience of working in a matrix-management environment, engaging resources who are not part of your direct line management chain.
• An ability to understand business needs and how they might be met using different technologies, including spotting obstacles early and collaborating with others to develop pragmatic solutions.
• A good understanding of the data analytics tools and related technologies & services used across MBR, and how they combine to support the Bank’s critical market operations and payment services.

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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.

Location: Leeds - This role offers a salary range of £81,040-£91,170 (depending on skills and experience).  In addition, we also offer a comprehensive benefits package as detailed below:

• Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year.  The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time.
• A discretionary performance award based on a current award pool.
• An 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 stages, likely to be one assessment exercise and one interview. 

This role closes for applications on 19 May 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.