Banking and Securities Operations Analyst - specialist in Market Settlement

at  Bank of England

Future changes to the Bank’s balance sheet, and the speed of innovation in the fixed income and securities settlement markets, means we need to expand our teams to support the increase in operational and project/change demands. We are currently recruiting for the following roles in the Central Banking Operations Division:
Operations Analyst, and Senior Operations Analyst
If you would like to be considered for both analyst positions, please include this information in your application.
This is a people management role. You will be responsible for day to day management of the team and for defining roles and responsibilities. You will develop your team through sharing information effectively, coaching and communicating a clear vision to ensure that your staff are productive, engaged and motivated to deliver the area’s aims. This will include setting clear goals and smart stretching objectives that are aligned to those of the team, division and directorate. You will also be responsible for managing all staff-related matters that may arise including performance, absence and sickness.

JOB DESCRIPTION

This is an exciting opportunity to join the Central Banking Operations Division (CBOD), develop knowledge and gain expertise in some of the Bank’s core financial operations. The role supports the timely and efficient settlement of securities and critical operational processes – making it a great opportunity to develop a good understanding of a wide range of products, policies and schemes implemented by the Bank. The jobholder will be a key member of the management team participating in key change initiatives and identifying impact of any operational policy decisions or market led changes. The jobholder will support the success of key projects, acting as escalation for the team(s) when incidents occur, and ensuring the team adheres to the Bank’s risk management policies and requirements.
There will also be opportunities to work closely with a number of teams across the Bank such as the front office trading desks, middle office and operational risk.

ABOUT YOU

A strong candidate is likely to be able to demonstrate most of the following essential attributes and experiences. The successful candidate does not need to be a technical authority in all areas from day one; a proactive approach to learning and developing is key. We are looking for potential and a willingness to learn and will provide on the job training.

• Being a source of technical expertise in all aspects of the teams work both as part of business as usual but also emergency and contingency operations.
• Undertaking analyses on and assisting with key policy decisions that impact the team or operations that the team performs.
• Supporting and or leading the delivery of small change impacting business operations /and or systems from analysis through to delivery.
• Discovering and adopting innovative ideas and process refinements that could improve efficiency and implementing them.
• Be part of the CBOD Management team ensuring that the area meets its own objectives and responsibilities.
• Acting as a Risk Officer; working with the other analysts and the operational team to identify operational risks, contributing to the production of risk reporting both within the team and wider CBOD risk reporting.Perform Line Manager Responsibilities for team members.