Data Scientist in Advanced Analytics and D&A Project Pool

at  Bank of England

THE BANK OF ENGLAND

We are 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 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.

HOW DO YOU KNOW IF OUR TEAMS ARE A GOOD FIT FOR YOU?

You are

• Focussed on what makes a difference.
• Collaborative and inclusive.
• Innovative and entrepreneurial.
• 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.

THIS ADVERT IS FOR MULTIPLE SIMILAR ROLES WITHIN DAPP TEAM, DSID, AND ADS TEAM, AA. WE WORK CLOSELY TOGETHER AND REQUIRE VERY SIMILAR SKILLS AND KNOWLEDGE.

In either role, you will be at the heart of a vibrant team, bringing core technical skills and taking the opportunity to shape, lead and deliver projects alongside the different areas of the Bank. As a key part of the Bank’s Data and Analytics strategy you will help deliver valuable business change to the Bank by:

• helping to unlock the value of our data and enabling the creation of new insights and data-driven decisions;
• contributing to significant improvements in the efficiency of our analytical processes;
• and acting as a role-model for best practices and propagating data science capability to the wider Bank and in industry.

We expect that strong candidates will help shape their role, but anticipate you will:

• Lead and/or support the delivery of data science projects (including research projects) as the technical expert and oversee the project plan and team deliverables.
• Lead and/or support the delivery of pipelines that ingest, store and analyse data, ensuring that data and analysis are accessible (including via apps and dashboards).
• Scope and shape data and analytics projects in conjunction with business areas from across the Bank and ensure they are aligned with the Bank-wide Data and Analytics strategy. This includes working closely with the business area to understand the purpose, requirements and benefits of proposed projects.
• Present and support the prioritisation of project proposals.
• Upskill business areas in analytical standards and data science tools and techniques.
• Communicate and present the outcomes and findings from projects to a wide audience, including senior levels of the Bank.
• Continue engagement with business areas following project completion, ensuring outcomes and findings are shared around the Bank.
• Engage with the wider Data & Analytics community (internal and external) to share ideas, techniques and experiences, and work to propagate data science skills across the Bank.
• Shape the future of data and analytics in the Bank by supporting the design and implementation of the Bank’s Data and Analytics strategy, including our new enterprise data platform on the cloud.
• Keep abreast of the latest developments in techniques and technology for data science, and share that knowledge with Bank colleagues

There is also the potential to enrol in related courses of interest or embark on an advanced data science related qualifications, such as Bank-sponsored Apprenticeships and/or MSc in Data Science, or industry-recognised certifications (e.g. Microsoft Azure).

This role offers a salary of circa £50,080 - £57,780 (Leeds) and £55,615 - £64,170 (London). In addition, we also offer a comprehensive benefits package as detailed below:

• 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. 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.
• A 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