Senior Analyst, Data & Statistics in Money and Credit Group

Location: Leeds

Overview of Data and Statistics Division

The Data and Statistics Division (DSD) is part of the Data and Analytics Transformation Directorate (DATD). It is a division with responsibilities spanning the production and management of some of the Bank’s core datasets, to aspects of data management and data culture that reach into the working lives of almost all Bank staff.  This is a time of significant change: the way we collect and manage data, and compile statistics, is evolving as we seek to make use of new technology and techniques. This means drawing on a wide range of skillsets, including: data management; data science; operational work; subject matter expertise in aspects of economics and statistics; and, people and process management. 

Money and Credit Group

This is a people management role to commence from January 2026, as senior analyst/team leader of the Industrial Team in MCG.  The jobholder will coordinate the Industrial Team across the statistical data production cycle and oversee the development of analytical and process improvement projects outside of the main production rounds. During the production round, the senior analyst will support the team by organizing their workload, ensuring that assigned tasks are completed, and serving as the primary point of contact for issues, prioritisation and escalation. Outside the main production round, the senior analyst will monitor projects’ progress ensuring they stay on schedule and maintain high quality by providing guidance grounded in subject matter knowledge and technical expertise. Additionally, the role holder will contribute ideas and tactical solutions to improve our processes.

This opportunity provides great scope for developing management and leadership skills through directly managing a range of team members. You will have to apply your problem-solving skills regularly to tackle operational issues as they arise, whilst building strong supportive relationships with reporting bank teams and internal users of our data. A wider interest in economic headline stories is useful, as you will try to link patterns you see in our data to these stories. You will work with our Markets colleagues to try and identify movements of interest in our data, and seek to identify early trends in the data. 

DAT is in the build phase of developing a new data reporting system.  While a separate specialist team is working on delivering this product, as a Senior Analyst in MCG you will play a key role in engaging with the team as a prospective end user and providing feedback to ensure the final system is fit for purpose.  This role will also enable you to gain exposure to a wide variety of data and statistical techniques, including seasonal adjustment and virtual calculations. Whilst you do not need to be a subject matter expert on these topics, you will be heavily involved in governance and providing direction/constructive challenge to those with deep knowledge, to ensure successful, rigorously tested outcomes.

Number of direct reports: 4

Role Requirements:

Minimum Criteria 

• Proven ability to lead a team during to achieve results to challenging deadlines without compromising on overall team well-being
• Proven ability to critically assess data, identify drivers in changes, and where data quality issues may have arisen
• Ability to prioritise personal, immediate team and wider team objectives using limited resources. 

Essential Criteria

• The ability to critically assess data at both a micro level, to ensure developments in bank balance sheets are identified and understood, and at a macro level, to ensure key stories are identified and communicated.
• Excellent workload management skills and ability to deliver to deadline, including in the face of new, unfamiliar and at times urgent issues. 
• Strong communication, interpersonal and influencing skills, to effectively work with others both within the team and across the wider division, as well as externally, such as with reporting institutions.
• Leading teams/delivering projects from conception to completion.

Desirable Criteria

• An understanding of any of the following: economics; financial markets; balance sheets; financial accounting.
• Broader experience of coaching or managing people, and achieving results through others.
• Knowledge of, or a desire to learn, how to use tools such as Databricks, Python and R.
• Strong numerical skills and an understanding of statistical concepts, including seasonal adjustment.

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 offering for Leeds location: 

This role offers a salary range of £48,640-£54,720 (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. 

This role closes for applications on Friday 22nd of August 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.

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.    It takes a great team to run the Bank of England. We rely on each other to play our part. We benefit from a collaborative culture and long-established flexible ways of working, supporting our colleagues balance their work and personal lives. We strive to be a place where people feel they belong and have equal access to opportunities, because different perspectives helps us make the best decisions for the public.   There's much to gain from working with us - from career defining work at the heart of the UK economy, being part of a fantastic team, and a rewarding compensation package.    Join us and find a bank like no other. Together, we can make a difference.
The Bank of England will use and protect the information you provide when you apply for a role with us, in line with our obligations under data protection law.  This is so we can assess your suitability for the role and administer your application. If you’re successful we’ll use it to offer you a position and onboard you to join the Bank.
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