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- Tasks: Lead the development of security risk assessments and post-incident analysis.
- Company: Join the Bank of England, a key player in maintaining financial stability.
- Benefits: Enjoy flexible working, a generous pension scheme, and 26 days of annual leave.
- Why this job: Be part of a dynamic team making a real impact on national security.
- Qualifications: Experience in security risk management and relevant qualifications are essential.
- Other info: This role requires passing a National Security Vetting process.
The predicted salary is between 42000 - 49000 £ per year.
Join to apply for the Security Manager – Security Risk Regime role at Bank of England
Join to apply for the Security Manager – Security Risk Regime role at Bank of England
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This range is provided by Bank of England. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Location: London
The Security Division within the Bank mitigates risks that the Bank\’s property, infrastructure, services or assets are unlawfully damaged, stolen or disrupted. It also mitigates the risk of harm to personnel inside and outside of Bank\’s premises including vetting, travel advice and support, and threat management.
Reporting to the Senior Security Manager for Security Advisory Services, this position will lead the development and execution of the Division\’s risk regime and post-incident analysis across the Security Division, in line with the Bank\’s risk framework. This is an interesting, busy, and demanding role, with the job holder expected to think on their feet and work dynamically as well as systematically.
In line with all roles at the Bank, applicants will be subject to a screening and vetting process.
Key Responsibilities
- Develop and maintain the divisional security risk assessment framework, working closely with other security functions to ensure consistency and effectiveness in how the framework is applied. Ensure timely completion of risk assessments and that key controls are regularly reviewed and assured. Collaborate with the Bank\’s Second Line of Defence to define material risk categories and consolidate First Line security risks, enabling clear communication of the division\’s overall risk posture to risk owners and risk committees.
- Prepare and deliver quarterly security risk reports to the Second Line of Defence, highlighting key trends, issues and mitigation progress.
- Lead post-incident investigations of security events, ensuring lessons are captured and improvements are implemented.
- Support strategic initiatives in partnership with the Senior Security Manager – Security Advisory Services, contributing risk insight and subject matter expertise.
- Provide advice and support to team members across the Security Division on risk management practices.
- Offer expert security risk advice to business units, and support project teams and change managers across the portfolio.
- Experience in security risk management and knowledge of related security industry standards and best practices.
- Security Qualifications, either academic or vocational, such as CPP, CSyP,PSP, or relevant experience.
- Strong analytical and problem-solving skills.
- Excellent stakeholder management and engagement abilities.
- Extensive experience in at least one of the following: Security operations, personnel security, operational security.
- Proven track record in performance management and strategic planning.
Bank Behaviours
In addition to the role requirements outlined above, the holder of this role is expected to act and behave in line with the Bank of England behaviours:
- Act Inclusively
- Acting inclusively
- Earn trust
- Embrace differences
- Inspire purpose
- Drive Growth
- Courage
- Demonstrate self-awareness
- Develop talent
- Deliver Outcomes
- Developing vision
- Achieve results
Location: London
The Security Division within the Bank mitigates risks that the Bank\’s property, infrastructure, services or assets are unlawfully damaged, stolen or disrupted. It also mitigates the risk of harm to personnel inside and outside of Bank\’s premises including vetting, travel advice and support, and threat management.
Reporting to the Senior Security Manager for Security Advisory Services, this position will lead the development and execution of the Division\’s risk regime and post-incident analysis across the Security Division, in line with the Bank\’s risk framework. This is an interesting, busy, and demanding role, with the job holder expected to think on their feet and work dynamically as well as systematically.
In line with all roles at the Bank, applicants will be subject to a screening and vetting process.
Key Responsibilities
- Develop and maintain the divisional security risk assessment framework, working closely with other security functions to ensure consistency and effectiveness in how the framework is applied. Ensure timely completion of risk assessments and that key controls are regularly reviewed and assured. Collaborate with the Bank\’s Second Line of Defence to define material risk categories and consolidate First Line security risks, enabling clear communication of the division\’s overall risk posture to risk owners and risk committees.
- Prepare and deliver quarterly security risk reports to the Second Line of Defence, highlighting key trends, issues and mitigation progress.
- Lead post-incident investigations of security events, ensuring lessons are captured and improvements are implemented.
- Support strategic initiatives in partnership with the Senior Security Manager – Security Advisory Services, contributing risk insight and subject matter expertise.
- Provide advice and support to team members across the Security Division on risk management practices.
- Offer expert security risk advice to business units, and support project teams and change managers across the portfolio.
Essential Criteria
- Experience in security risk management and knowledge of related security industry standards and best practices.
- Security Qualifications, either academic or vocational, such as CPP, CSyP,PSP, or relevant experience.
- Strong analytical and problem-solving skills.
- Excellent stakeholder management and engagement abilities.
Desirable Criteria
- Extensive experience in at least one of the following: Security operations, personnel security, operational security.
- Proven track record in performance management and strategic planning.
Bank Behaviours
In addition to the role requirements outlined above, the holder of this role is expected to act and behave in line with the Bank of England behaviours:
- Act Inclusively
- Acting inclusively
- Earn trust
- Embrace differences
- Inspire purpose
- Drive Growth
- Courage
- Demonstrate self-awareness
- Develop talent
- Deliver Outcomes
- Developing vision
- Achieve results
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.
The salary for this role is, London, £48,960 – £55,080.
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 interview stages.
This role closes on 24 July 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.
Seniority level
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Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Administrative, Engineering, and Other
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Industries
Banking and Financial Services
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Security Manager - Security Risk Regime employer: Bank of England
Contact Detail:
Bank of England Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Security Manager - Security Risk Regime
✨Tip Number 1
Familiarise yourself with the Bank of England's security risk framework. Understanding their specific approach to risk management will help you demonstrate your alignment with their practices during interviews.
✨Tip Number 2
Network with current or former employees in the Security Division. Engaging with them can provide valuable insights into the role and the team dynamics, which you can leverage in your discussions.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've successfully managed security risks. Having concrete examples ready will showcase your experience and problem-solving skills effectively.
✨Tip Number 4
Stay updated on current trends and challenges in security risk management. Being knowledgeable about industry standards and best practices will position you as a well-informed candidate.
We think you need these skills to ace Security Manager - Security Risk Regime
Some tips for your application 🫡
Understand the Role: Read through the job description carefully to understand the key responsibilities and essential criteria. Tailor your application to highlight how your experience aligns with the specific requirements of the Security Manager role.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in security risk management and any relevant qualifications. Use specific examples to demonstrate your analytical skills and stakeholder management abilities.
Showcase Your Skills: Make sure to showcase your problem-solving skills and ability to work dynamically. Provide examples of past situations where you successfully managed security risks or led investigations, as this will resonate well with the hiring team.
Complete All Application Sections: Ensure that you fill out every section of the application form thoroughly. Pay special attention to the work history section and answer all mandatory questions, as incomplete applications may not be considered.
How to prepare for a job interview at Bank of England
✨Understand the Security Risk Framework
Familiarise yourself with the Bank of England's security risk assessment framework. Be prepared to discuss how you would develop and maintain this framework, ensuring consistency and effectiveness across various security functions.
✨Showcase Your Analytical Skills
Highlight your strong analytical and problem-solving skills during the interview. Prepare examples of how you've successfully identified risks and implemented effective mitigation strategies in previous roles.
✨Demonstrate Stakeholder Management Abilities
The role requires excellent stakeholder management skills. Be ready to share experiences where you've effectively engaged with different stakeholders, particularly in communicating risk postures and collaborating on security initiatives.
✨Embrace the Bank's Behaviours
Familiarise yourself with the Bank of England's core behaviours: acting inclusively, driving growth, and delivering outcomes. Prepare to discuss how you embody these behaviours in your professional life and how they align with the role you're applying for.
