Location: Leeds or London
Central Operations is integral to enabling the Bank to deliver its vital mission and is at the heart of delivering essential services to this unique organisation.
We are responsible for creating and maintaining safe, sustainable, and collaborative environments across all our locations. From maintaining, enhancing, and securing the Bank’s premises and the infrastructures required to support the Bank’s critical functions, to developing and delivering data driven plans which include people, services, assets, locations, systems and technologies to further drive efficiencies and effectiveness, to creating the Bank’s sustainability strategy.
Central Operations is integral to enabling the Bank to deliver its vital mission and is at the heart of delivering essential services to this unique organisation.
We are a high performing team that has responsibility for delivering sustainable value for money solutions through strong supplier management and customer service.
This is an exciting area of the Bank which you, alongside other members of the senior leadership team, will play a key role in shaping, to build a strong business management and strategic partnering capability which manages the today and plans for tomorrow, in support of the directorate strategy and business outcomes. Your role will be instrumental in delivering the People outcomes for the directorate, as well as supporting the Executive Directorate across all areas of Central Operations.

ROLE OVERVIEW

We are recruiting for a Stakeholder Engagement Partner to join the Central Operations Directorate at the Bank of England. This forms part of the set of partnering roles established across Central Services, aligning with the People Partner, Data Partner and DGCIO roles in People, Data and Technology respectively.
This is a strategic partnering role which will report directly to the Central Operations Executive Director, with line management responsibility with a minimum of 2 direct reports.
The primary aim of the role is to represent the Central Operations Directorate with all areas of the Bank, to build confidence and establish a ‘trusted partner’ relationship with the business areas, as well as supporting the Executive Director in effective operational running of the CO-ED Office.
This role has strategic focus, working with and on behalf of the Executive Director in setting goals, identifying opportunities, and allocating resources to achieve long-term success for the directorate. As the Stakeholder Engagement Partner, your role will involve leading and co-ordinating the operation of the directorate to ensure efficiency and productivity
You will also be accountable for leading the business planning, budget preparation and budget management for the directorate. You will work closely with the senior leadership team to ensure business plans align with the bank’s overall strategy.
You will be responsible for colleague engagement and support the senior leadership team with recruitment and resource management across the directorate. You, alongside the other members of the senior leadership team, will create an optimally sized function and maintain oversight of the headcount, ensuring it doesn’t exceed budget.
The role requires a dynamic individual that can navigate a variety of senior stakeholder relationships both within and external to the directorate. You will also provide strategic and transformational capability to the Executive Director and deputise as appropriate.

ROLE REQUIREMENTS

• Leading the aggregate single strategic view of operational performance, equipping CO ED and COLT with analysis to make prioritisation calls, enabling decision making
• Working closely with Finance to provide accurate and timely financial information to the CO Executive Director (CO ED) and CO leadership team (COLT).
• Ensuring that the operational and financial performance for Central Operations is in line with budget targets through budget setting, regular monitoring, and forecasting.
• Providing strategic oversight and guidance on financial planning and budget management.
• Leading the directorate’s business planning process and 3-year planning horizon, to create a realistic, evidence-based business plan ad KPEs, ensuring alignment with the Central Services strategy
• Driving clarity on firm set of business planning assumptions that help underpin financial and nn-financial operating needs.
• Working cross-functionally with the CO Senior Leadership to develop and deliver the business plan and budget.
• Working closely with the CS business managers to provide insights on business plans.
• Analysing and monitor key performance indicators to ensure the smooth functioning of operational processes.
• Provide advice and support for local area needs, connecting them to the right teams in Central Operations in a timely and effective manner.
• Support Central operations teams with their interactions with the wider Bank, helping to manage demand and focussing on priorities
• Identify opportunities to advise on solutions early in local area thinking, and steer away from options that are impractical or outside of Bank policy, to secure successful business outcomes.
• Oversee performance of Central Operations delivery to customers, ensuring progress is reported openly and in a timely manner, and putting in place appropriate metrics to support effective and transparent customer service.

This role offers a salary of Leeds: £76,240 - £85,770 and London: £84,720 - £95,310. In addition, we also offer a comprehensive benefits package as detailed below:

• Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange for salary through our flexible benefits programme each year. The Bank has the discretion to vary standard accrual rates and dial up and dial down rates at any time and to withdraw dial up and dial down options at any time.
• A discretionary performance award based on a current award pool.
• An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 26 days’ annual leave with option to buy up to 12 additional days through flexible benefits.Private medical insurance and income protection