Policy Adviser - London, United Kingdom - Bank of England

Bank of England

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Policy Adviser

-

(

009063

)

Primary Location UK-ENG-London

Job Economics

Organisation POLICY AND STRATEGY (PSD)

Job Posting 11-Jun-2023, 12:57:23 PM

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.

Are you interested in helping the Bank deliver on its policy priorities at an international level? Are you good at building relationships with stakeholders? Are you able to get to grips with complex policy issues and explain them in a clear and compelling way which can help our Governors to shift global debates? Are you able to manage staff, set direction, prioritise workloads and empower and support your team?

If so, this is the perfect role for you.

The Global Engagement Team in Policy and Strategy Division in International Directorate is responsible for ensuring the Bank engages effectively in multilateral fora (G7, G20, FSB, BIS, IMF, OECD) and bilaterally on financial stability risks and the development of global financial regulation.

We work closely with colleagues across the Bank to identify priority policy areas for coordinated international policy action and to design and execute engagement strategies to advance those priorities.

We engage on the biggest issues in international finance and economics. What do public authorities need to do to support innovation in cross-border payments and ensure private sector innovation is safe? What is the international response to the financial stability risks from climate change? How should we respond to recent banking events? What should the international regulatory framework for non-bank finance look like? What should the global regulatory community do about crypto assets?

We offer a unique chance to be at the heart of implementing the Bank's international strategy, working with a wide range of colleagues from across the rest of the Bank, as well as with Governors and private offices.

The role also involves close coordination with other UK authorities and counterparts overseas.

The role is fast-paced, but also very rewarding for those who are interested in gaining an excellent horizontal overview of a wide range of international policy issues, as well as frequently engaging with senior Bank staff.

As we are a small and flexible team, you will have the opportunity to work across a range of dossiers and to work on and shape our input to new international issues and initiatives as they emerge.

You are also encouraged to get involved with cross-cutting projects with other teams within International Directorate and to make a contribution to Diversity and Inclusion initiatives in the Directorate or the wider Bank.

We are recruiting for a manager in the Global Engagement Team who will be responsible for overseeing the coherence and effectiveness of the Bank's international strategy on a portfolio of prudential and financial stability topics.

This will include supporting Andrew Bailey as the Chair of the FSB's Supervisory and Regulatory Cooperation committee, and overseeing international work related to issues, including banking and resolution frameworks, insurance, data fragmentation, outsourcing and cyber.

Specific responsibilities include:

Supporting the Governor and Deputy Governors as they represent the Bank at international fora, and in particular the FSB, BIS, G7 and G20, including by providing robust analysis and briefing ahead of key international engagements.
Leading support for the Governor as chair of the FSB's SRC committee, working closely with the FSB Secretariat.
Line management of two policy analysts, setting direction, prioritising workloads and empowering and supporting the team.
Overseeing work to support the Bank's international priorities relating to issues including issues relating to banking and resolution frameworks, insurance, data fragmentation, outsourcing and cyber;
Developing close working relationships with staff engaged on relevant policy issues across the Bank; and with colleagues in FCA and HMT.
Ensuring that the team has strong relationships and early insight into the positions of various domestic and international stakeholders, including the FSB secretariat in Basel; and
Ensuring that the international work is transparent to, and well understood by, colleagues around the Bank such that they know where we can add value and see the results of the efforts.

The Policy and Strategy Division is fully committed to diversity and equality for all staff, guided by the Diverse and Talented pillar of the Bank's Strategic Plan.

We have a strong track record of colleagues working part time or as part of job shares, and this role can be done as part of a job sha