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Data and Analytics Skills and Learning Analyst

The Data & Analytics Transformation Directorate Overview
The Bank’s mission depends on data and analytics, through their role in the Bank's decisions, its operations, and the information it provides to the public.

Data and analytics have received a new level of senior attention and backing in the Bank, following Huw van Steenis' Future of Finance review, the Bank's response, and the Governor's Mansion House speech. The Bank is now publicly committed to delivering a "world class regtech and data strategy". A new Directorate, Data Analytics and Transformation (DAT), was created to lead on this. DAT is the Bank’s centre of expertise for data strategy implementation and the compilation, dissemination and publication of regulatory and statistical data. We support analysis, policy and decision making by the Bank’s Committees, UK government departments and international organisations. Key stakeholders for our work include MPC, FPC and PRA Boards and our data are used in the Inflation Report, Financial Stability Report, Credit Conditions Review, Stress Test Results, FPC Core Indicators and Quarterly Bulletin. Decisions made in these Boards and from these reports have national economic significance.

Data Strategy Implementation Division
Our division helps the Bank to make the best use of data and analytics. Pretty much everything the Bank does depends critically on the use of data and analytics, and the Bank has made our work a strategic priority. We have support from the Governor down and across the Bank, and a big increase in funding. As part of our team, you will contribute to outcomes of national importance today, while preparing the Bank to face the challenges of tomorrow.

We have lots of opportunities for people who want to grow. We need people to contribute their ideas, be entrepreneurial, and take the lead on new areas of work. You can gain broad exposure to the various parts of the Bank, giving you the option to move to other roles within the Bank in future.

We offer very flexible working arrangements.

How do you know if our team is a good fit for you? You are:

• Focused on what makes a difference.
• Collaborative and inclusive.
• Committed to iteration and incremental improvement.

You like

• Creating great products and services that make people’s lives easier.
• Seizing opportunities and solving problems.
• Learning, honing your skills, and gaining new skills.
• Data and analytics!

Skills and Culture Hub

The Skills and Culture Hub (SCH) enables the Bank to make the best use of data and analytics (D&A), systematically close skills gaps and transform the Bank’s D&A culture. This is achieved through upskilling, nurturing a supportive and collaborative culture and connecting users across the Bank to the services they need to achieve desired business outcomes.

The Skills and Learning Team in the SCH is responsible for running the learning service for our Data Science and Analysis toolset. We ensure the learning offerings match demand from across the organisation and help colleagues develop the skills they need in order to make the best use of our (D&A). This service is a key part of the skills element of the Bankwide D&A strategy and the Bank’s Strategic Priority 7. We are in a period of expansion and growth so it's a great time to be part of this team!

Job Description

This is a really exciting opportunity to be part of a high-profile team at the heart of transforming how that Bank uses its Data and Analytics! The team has visibility across all areas and levels of seniority in the Bank and this is an excellent role for building a strong network of contacts and raising your profile.

You will use your skills, knowledge and expertise to drive forward initiatives that are key to helping colleagues build and enhance their skills to make the most of the Bank’s Data and Analytics. It is a very varied role with plenty of opportunities to shape, lead and deliver initiatives.

There are three main responsibilities within this role:

• Promote and ensure the effectiveness of the Bankwide Data Community by delivering a programme of activities to maintain member engagement as well as increase membership. This involves working with minimal direction to plan and deliver activities as well as working with business areas to understand how they can best benefit from and contribute to the Community. In the coming year, we want to do more through the Community to help colleagues further understand D&A skills and careers in the Bank. There will be opportunity to input to this by suggesting and planning initiatives.
• Lead and ensure delivery of initiatives in order for the Bankwide training service for Data Science and Analysis tools to run in an efficient, effective, transparent and well monitored way. Suggest and implement initiatives which contribute to the continued improvement and enhancement of the service. Oversee the administration and logistic tasks carried out by the Learning Administrator and team Co-Ordinator.
• Line management responsibilities for up to 2 team members (one scale I and one scale H). This will depend on previous line management experience of candidates. This would include providing support to ensure line reports have clear objectives and understand how to meet and exceed them, consider and support their career and personal development (including informal coaching and mentoring) and foster an environment where the line report feels motivated and empowered to contribute to the team.

The job holder is also required to deputise for the Team Manager when required.

Role Requirements

Minimum (Essential) Criteria

Strong interpersonal skills are crucial for this role. The job holder must interact in direct and indirect ways with colleagues at all levels and from across all areas of the Bank. The job holder should be enthusiastic and excited about the work of the team and division and that they use this enthusiasm to encourage and engage others. A collaborative approach to working and being a strong team player are also essential.

Can work with minimal supervision, ensuring outputs are of high quality, and has the ability to use knowledge and judgement to inform decisions and resolve blockers/challenges.

Strong understanding of communications channels and options to ensure that the right ones are used at the right time. Be able to communicate effectively, creatively and with impact in both written and visual formats.

Ability to ‘join the dots’ and make connections – this could be between stakeholders or pieces of work to ensure a strategic approach or avoid duplication of effort, for example.

Willingness and interest to become an expert or ‘go to’ person providing advice and guidance to others.

Strong knowledge of PowerPoint and/or other tools used for creating engaging and impactful communication artefacts.

Experience of establishing, monitoring and improving processes.

Have the ability to understand the needs of a business area and map those needs to a service or opportunity that can help them – specifically for this role, this will involve understanding training needs and how areas use data and analytics, and mapping them to the various training offerings. Subject matter knowledge can be gained in role.

Line Management experience

Desirable Criteria

Have interest in and basic understanding of data science and analysis tools and what they do in order to hold conversations with business areas about how they consume these tools and how they can be used to benefit data users. Deeper subject matter knowledge can be gained in role.

Know who key D&A stakeholders are across the Bank and how best to engage with them.

Understand how the Bank uses data and analytics currently and the challenges business areas face with regards to working with data.

Understand the importance of the Bankwide data and analytics strategy

The 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 support diversity and inclusion is through our staff-run networks, which are summarised here.

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 flexible working patterns.

Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

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 Confident scheme, summarised here, 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 your personal 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 are one 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 offers a base salary range of £36,860 to £40,000 per annum (depending on skills and experience) on a full-time basis.

In addition we also offer a comprehensive benefits package as detailed below. We encourage flexible working & part time working , therefore both salary and associated benefits will be adjusted on a pro-rata basis for part-time colleagues

• 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 the option 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 take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)

Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information of vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank’s Privacy Notice at Privacy and the Bank of England | Bank of England.

The closing date for applications is 6 March 2023.

Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.