Governance and Assurance Lead - London, United Kingdom - Bank of England

Tom O´Connor

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Description

Governance and Assurance Lead

-

(

009162

)

Primary Location UK-ENG-London


Job Research


Organisation DATA STRATEGY IMPLEMENTATION


Job Posting 05-Jul-2023, 4:02:12 AM

The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.
The Bank of England is a diverse organisation.

Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

Research and Statistics Divisions - Advanced Analytics, the Centre for Central Banking Studies, the Research Hub and the Data and Division - lie at the heart of the Bank of England, acting as a centre of excellence for analytics, research and statistics across the institution as a whole.


Data and Statistics Division (DSD) is the Bank's centre of expertise for compilation, dissemination and publication of regulatory and statistical data, promoting innovation and quality to support analysis, policy and decision making by the Bank's Committees, UK government departments and international organisations.
Data is collected from banks and buildings societies, credit unions, insurance companies and regulated mortgage lenders and administrators. This takes place via 35 statistical collections and over 200 regulatory collections.

We cleanse a sizeable proportion of these datasets and publish a large number of Statistical data via our interactive database.

We support MPC, FPC and PRA Board and our data are used in the Inflation Report, Financial Stability Report, Credit Conditions Review, Stress Test Results, FPC Core Indicators and Quarterly Bulletin.


Department Overview
Our Division helps the Bank to make the best use of data and analytics to achieve that.

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 are still a start-up: created two years ago, doubled in size last year, doubling again this year. 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 have a supportive culture that empowers people to be the best they can. This culture is reflected in staff survey results.

Staff in our division tell us we are particularly good at giving recognition, praise and useful feedback, with [80]% of staff saying they would recommend their manager to others.

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

You are

  • Focussed 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
You know

  • What can be achieved by using data and analytics
  • What must be done to use data and analytics effectively
We are seeking a highly motivated and detail-oriented change professional to join our team.


These responsibilities will include:

Governance:

  • Coordinate and support the development and maintenance of D&A governance boards and processes
  • Secretariat for Data Analytics Board (DAB), an influential and impactful strategic 'executive' board
  • Facilitate the Delivery Management Board, a monthly programme board with oversight of work to implement the strategy set by DAB
  • Produce and coordinate insightful and concise meeting papers and packs for data analytics governance forums
  • Monitor teams' compliance with governance requirements and identify and escalate and facilitate any issues or needs for support to management
  • Run targeted governance reviews to assess and improve the governance of strategy, change, and operations in data analytics across teams and directorates

Delivery controls:

  • Support the Planning and Delivery Lead, Benefits Lead, and other team members in developing and implementing of delivery control processes and procedures (for example risk and issue, dependency, and action management)
  • Monitor project and program performance against established controls and escalate any issues or needs for support
  • Facilitate mitigating actions to address any issues identified during control activities

Resource and Budget Management:

  • Support the development and implementation of resource management and budget monitoring processes and procedures
  • Work closely with BAU finance business partners to crosscheck out r

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