At a Glance
- Tasks: Analyse and support the allocation of £2 billion in research funding.
- Company: Join Research England, a leading organisation in the UK research community.
- Benefits: Enjoy 30 days annual leave, flexible hours, and a great pension scheme.
- Other info: Collaborative team environment with opportunities for continuous learning and growth.
- Why this job: Make a real impact in higher education funding while developing your analytical skills.
- Qualifications: A-level in a numerate subject or relevant experience; coding in R is essential.
The predicted salary is between 37841 - 37841 £ per year.
Research England
Salary: £37,841 per annum | Open-ended | Full-time or part-time (min 0.8 FTE) | Closing date: 16 August 2026
Location: Westward House, Lime Kiln Close, Stoke Gifford, Bristol, BS34 8SR
Are you looking for a new challenge? An opportunity to work on a major, high-profile project in a close-knit team and a fast-paced environment? Do you want to use your knowledge and skills in an agile way across a broad range of focus areas, learning new things and innovating along the way? Do you want to work with some of the most highly respected people across the UK’s research community? Then this may be the opportunity for you!
Purpose of the role
As a Funding Analyst at Research England, you will be in a key position to design, deliver and operate analytical tools and processes that directly support the allocation of £2 billion of strategic institutional research funding and knowledge exchange funding to higher education providers in England. Working as a member of a fast-paced team committed to innovation and continuous improvement, you will be responsible for undertaking work from design and development, through the crucial quality assurance processes, to delivery. These work areas include the effective and timely delivery of funding operations, providing analysis and dashboarding to support senior and executive leaders in their decision making, and supporting data operations to ensure that underlying datasets are up to date and reliable.
A sound understanding of an analytical product development cycle is crucial for this role, including significant experience of coding in R, analysing data and presenting findings. Equally important is experience of quality assurance processes, and an awareness of how these minimise errors in analytical outputs.
Alongside these specific tasks, you will also support other analytical work within the team by processing and analysing large and complex databases to address research policy questions and improve analytics operations.
Responsibilities
- To support the algorithm-driven allocation of research funds to higher education providers by:
- Developing a sound knowledge of the Higher Education sector data used by the analyst team to underpin funding allocations.
- Developing a sound knowledge of the algorithm-driven (formula-based) research funding methods used by Research England and collaborating with colleagues to develop, maintain and implement funding models.
- Supporting the team by challenging assumptions, considering data and methodological limitations, and suggesting solutions.
- Engaging with quality assurance and publication processes for disseminating outcomes.
- To provide broader sector analysis by:
- Supporting the development of new approaches and analytical models that underpin sector benchmarking activities.
- Investigating available datasets and determining possible metrics for use in sector analysis.
- Collaborating with colleagues on ways to gain sector insight from datasets, and how to visualise this data to aid in supplying insight to internal and external stakeholders.
- To assist with quality assurance (QA) checks when required:
- Ensuring that the team QA process is always followed.
- Making sure that QA approvals are escalated as necessary.
- Other responsibilities include:
- Supporting the development and maintenance of analytical tools to facilitate the team’s activities.
- Supporting wider areas of the funding operations and funding systems teams activities as they arise.
Essential skills, qualifications and experience
- Qualifications: An RQF level 3 qualification (equivalent to A-level) in a numerate subject, or relevant experience.
- Analytical expertise: Knowledge of the practical application of analytical methodologies, with ability to develop new approaches for analysing and utilising data, rather than relying on rote application of standard methods.
- Critical evaluation and problem solving: Ability to critically review and assess data, methods, and processes in a careful and systematic way, identify potential issues or limitations, and suggest practical improvements or alternative approaches.
- Programming and data handling: Experience of coding in the R language to manipulate datasets.
- Quality assurance and coding standards: Experience of checking the accuracy and reliability of analytical work, including writing well-structured code and following good practices to ensure outputs are correct and easy to maintain.
- Collaboration and project management: Ability to collaborate with colleagues on the development of work areas and contribute to high-profile processes or projects.
- Workload management: Ability to plan and manage a varied workload, adapting to changing priorities effectively.
- Communication and influence: Good written and verbal communication skills, with the ability to clearly explain data and analysis to non-specialists, ask clarifying questions, and engage in constructive discussions with colleagues to explore ideas and develop solutions.
UKRI values their employees by offering a benefits package designed to provide an excellent work/life balance including 30 days annual leave, 10.5 public and privilege holidays, flexible working hours, exceptional average salary pension scheme, social and sporting activities and societies and a subsidised restaurant.
As one of Europe’s largest research organisations, this is a place where there’s always something new to learn about the world around us, about your career, but most of all, about yourself. Join us and discover what’s possible.
Please note: if you will require sponsorship to work in the UK, as part of your sponsorship application, you (and any dependants travelling with you) will be required to pay costs directly to the UK Home Office for the application before you start your role with us. UKRI is normally able to reimburse some, or all of these fees after you have become an employee, and this can be discussed with the Hiring Manager.
Funding Analyst in Bristol employer: Research England
Research England is an exceptional employer, offering a dynamic work environment in the heart of Bristol. With a strong commitment to employee development and a hybrid working model, we foster a culture of collaboration and innovation, ensuring that our team members can thrive both personally and professionally. Join us to be part of meaningful initiatives that shape the future of research excellence in the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Funding Analyst in Bristol
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Research England. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Funding Analyst in Bristol
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Research England.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Research England's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Research England
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Research England.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Research England will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Research England employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.