Operational Risk and Resilience Analyst / Senior Analyst

Job Description

OverviewEver wondered what its like to work at the heart of the financial system, delivering financial stability for the UK If youre motivated to work with us wed love to hear from you.The financial services sector is constantly evolving and innovatingso the chances of something going wrong is ever growing. An important part of what we do is assessing how firms handle operational risk and how they respond to and recover from operational incidents when they occur.Job descriptionWere looking to fill a numberof operational risk and resilience (ORR) roles across the Prudential Regulation Authority (PRA) at Analyst or Senior Analyst level (depending on experience). Previous experience in operational risk and/or resilience is not crucial - the roles are well suitedboth to people with a background in change and outsourcing, data integrity, IT risk, business continuity planning/disaster recovery and those looking to transfer from another sector or specialism. We will also be advertising shortly to fill a number of specialistORR roles.The work youd be doing will give you an outstanding insight into ORR issues across a range of regulated firms and will have a lasting impact on the financial services industry. You will gain exposure to a wide variety of exciting issues - for example,you might deal with an operational incident which has occurred in a firm (e.g. a cyber-attack or IT outage), examine a firms plans to outsource to a new provider or undertake sectoral analysis.The roles include central teams across different areas of thePRA and front-facing supervision roles in banking, insurance and financial market infrastructure (where you may also cover other elements of supervision). Please state any preference as part of your application.Role RequirementsWe are looking for people withthe following attributes: Excellent judgement and analytical skills; with an ability to filter a lot of data (which will be complex in some roles), pull out the relevant information and quickly draw conclusions; Strong collaboration skills, including listeningand compassion, working effectively within a team and co-ordinating with colleagues across the Bank, PRA and regulated firms. Good written and oral communication skills. You should be able to influence and challenge while building and maintaining relationshipswith both internal and external stakeholders; and Outcomes focused and excellent workload management skills. Can adapt rapidly to changing priorities and work well in fast paced situations.What will I get from the role An opportunity to work on a high profileand exciting topic within the PRA. You will help establish operational resilience in our prudential framework and deliver the PRAs aim of ensuring the safety and soundness of firms. The chance to carry out intellectually stimulating and exciting work. Youwill assess and apply considerable judgement on a range of operational risk and resilience matters across a variety of firms. Working with fun and sociable teams!Why should I applyRoles at the Bank of England are sought-after, but if you have the determinationto make a difference, wed love to hear from you! Working in operational risk and resilience places you at the centre of our mission to deliver financial stability for the UK. It will suit anyone seeking a challenge and outstanding development opportunities.Ifyoure successful well match you to a role that builds on your previous skills and experience and is at the right level of seniority for you to succeed.Additional detailsThe Bank values diversity and inclusion - we want to reflect the society we serve better,we want the best people to work for us, and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we supportdiversity and inclusion is through our staff-run networks.We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to jobshares, flexible and part time working patterns.We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confidentscheme, and people who wish to apply under this scheme should check the box in the Candidate Personal Information under the Disability Confident Scheme section of the application.We anonymise applications so hiring managers will not be able to see yourpersonal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.The Bank of England is a distinctive institution and our rewards areone of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives. This specific role offersa base salary of £35,700 - £59,040 per annum, along with our comprehensive benefits package as follows: A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is theoption to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year. A discretionary performance award based on a current award pool. A 7% benefits allowance with the option to takeas salary or purchase a wide range of flexible benefits. 25 days annual leave with option to buy up to 13 additional days through flexible benefits. Private medical insurance and income protection.Part time/job sharing/flexible working options available.Theclosing date for applications Monday 11th April 2022Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV (and most recent PRS for internal candidates).