At a Glance
- Tasks: Lead innovation and research initiatives in the financial sector, focusing on emerging technologies.
- Company: Join the Bank of England's dynamic Strategy & Innovation team.
- Benefits: Competitive salary, flexible working options, generous leave, and private medical insurance.
- Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
- Why this job: Make a real impact on the future of finance with cutting-edge technology.
- Qualifications: Degree in Finance, Economics, or related field; strong analytical and communication skills.
The predicted salary is between 50320 - 56000 £ per year.
- Senior Analyst – Strategy & Innovation (RDID) Location: Leeds
- Overview
This role reports to the Strategy & Innovation team within RDID and focuses on leading innovation engagement, horizon scanning, and translating research findings into actionable cross‑PRA and Bo E initiatives.
The Senior Analyst will work closely with data scientists, supervisors, risk specialists, fintech analysts, and communication leads, and will proactively manage relationships with innovation hubs at other central banks and regulators.
Key Responsibilities
- Conduct horizon scanning of Reg Tech, emerging technologies, and their potential impact on the UK financial system, providing foresight on disruptive developments.
- Build and nurture stakeholder relationships within the Bank and across the financial sector, acting as a thought leader on emerging technologies.
- Perform risk assessments for new technology deployments, including cyber, operational, and systemic risks, and develop mitigation frameworks aligned with supervisory goals.
- Lead or contribute to proof‑of‑concept initiatives and pilots exploring AI, DLT, quantum computing, and other emerging technologies.
- Prepare detailed papers, presentations, and briefings for senior stakeholders, translating complex technical concepts for non‑technical audiences.
- Key Requirements
- Strong understanding of Supervisory Technology (Sup Tech) trends, including AI, DLT, machine learning, and cloud computing.
- In‑depth knowledge of financial regulatory frameworks and their interaction with technological innovation.
- Proven stakeholder management experience with external partners such as central banks, technology firms, and financial institutions.
- Excellent analytical, problem‑solving, and communication skills, capable of presenting complex technical information clearly to senior stakeholders.
- Degree in Finance, Economics, Computer Science, Engineering, or a related discipline.
- Experience with international regulatory initiatives, cross‑industry forums, and leading technology innovation projects in a supervisory context.
- Strong understanding of data science techniques, cloud technologies, and advanced analytics.
- Passion for emerging technologies and their application to financial supervision.
- Our Approach to Inclusion
The Bank values diversity, equity and inclusion.
We aim to build an inclusive culture that supports people from all backgrounds and communities to be at their best at work.
This includes flexibility for job shares, part‑time working, and adjustments for applicants throughout the recruitment process.
Salary and Benefits
- Career‑average pension (non‑contributory) with flexible accrual options.
- Discretionary performance award.
- 8% benefits allowance (option to take as salary or flexible benefits).
- 26 days annual leave (option to buy up to 12 additional days).
- Private medical insurance and income protection.
- National Security Vetting Process
Employment in this role requires a National Security Vetting clearance.
The process typically takes between 6 to 12 weeks post‑offer and may include additional Bank security checks.
Equal Opportunities
The Bank of England welcomes applications from all candidates.
As a UKVI‑approved sponsor, we have limited capacity to sponsor.
Eligibility for sponsorship is considered on a case‑by‑case basis.
#J-18808-Ljbffr
Senior Analyst - PRA RegTech, Data & Innovation Team in Leeds employer: Bank of England
As an employer, the Bank offers a dynamic and inclusive work environment in Belfast, Northern Ireland, where employees are encouraged to engage with local businesses and contribute to impactful policy discussions. With competitive salaries, a robust pension scheme, and generous leave options, the Bank prioritises employee well-being and professional growth, making it an excellent choice for those seeking meaningful careers in public service. The commitment to diversity and inclusion further enhances the workplace culture, ensuring that all voices are heard and valued.
