Deputy STRAPSO, National Security Unit at Bank of England
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

14 Aug, 25

Salary

33750.0

Posted On

15 May, 25

Experience

6 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Current Affairs, Analytical Skills, Excel, Diplomacy, Outlook, Vetting, Self Management

Industry

Banking/Mortgage

Description

JOB DESCRIPTION

The NSU provides an interesting and varied work environment supporting colleagues across the Bank through the provision of classified HMG information to support an understanding of external threats and developments relevant to the Bank.
Within NSU the STRAP team manages and regulates access to highly sensitive material. STRAP is a regime that regulates access to sensitive intelligence material which requires more protective handling than is afforded by the standard arrangements for government assets. As the post holder will have access to very sensitive information, there are limitations on travelling to a small number of countries and additional security checks may be required. Applications from candidates with close connections to certain countries may take longer to process.
This is a crucial, influential role requiring a track record of successfully handling services and people. You will become a valued member of the cross-government STRAPSO community, and we will encourage you to explore all elements of the security environment to support your growth and development.
The job holder will take responsibility for the monitoring of all incoming information and, along with others in the team, ensuring it is shared with appropriate colleagues across the Bank. This will include sifting, prioritising and processing as required, and will be supported by an understanding of the requirements of different areas of the Bank. The job holder will also take the lead on management of a bespoke IT system and the pieces of associated compliance and auditing. They will support Bank users in understanding the information, and will play a role in inducting new readers as well. The job holder will also have the opportunity to support and contribute to NSU project work.
The ability to quickly form trusted relationships with internal and external partners is essential, to understand Bank users’ interests and requirements, as is the ability to filter and understand what is relevant to the Bank.
The role provides the opportunity to regularly engage with colleagues of all grades across the Bank and with external partners. The role will be the deputy to the Bank’s STRAPSO, and manager of the office, and there will be opportunities to gradually grow the role and take on more responsibilities as the job holder gains experience.

The job holder will support colleagues through the provision of HMG classified information on a wide range of matters that can shape strategy and business decisions. As a consequence of this sensitivity, the successful applicant will need to be comfortable working in a discrete environment. The jobholder will be flexible, pro-active, diplomatic and keen to learn about the bespoke systems and processes used within the office. An ability to quickly prioritise workload and a keen eye for detail is essential, as is the ability to:

  • Maintain active oversight of all incoming information, prioritising each piece and escalating as necessary.
  • Build positive working relationships with key external contacts and deal with ad hoc request for assistance in the appropriate manner.
  • Liaise with customers of the NSU ensuring feedback is delivered in a timely fashion.
  • Ensure all work and activity complies with established HMG and Bank standards
  • Deputising for the STRAPSO. Take responsibility for managing and administering Bank’s access to sensitive information

Support the work of wider NSU team including contributing to specific projects as required.
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MINIMUM / ESSENTIAL REQUIREMENTS

  • Current DV clearance or the eligibility and appetite to undergo vetting – this is an essential prerequisite for the role.
  • Good, practical problem- solving skills
  • Excellent interpersonal and organisational skills.
  • Good self-management of workload
  • A high degree of diplomacy.
  • Proven analytical skills, to provide initial assessments of information received.
  • Flexibility to respond to changing priorities at short notice.A good understanding of the standard Windows IT packages (Word, Excel, Outlook).

  • Please note that the core elements of the role can only be undertaken on site in a secure room at Threadneedle Street. We expect there to be some scope for occasional working from home, for work on broader corporate objectives.

DESIRABLE REQUIREMENTS:

  • Experience of handling sensitive government information
  • An interest in/understanding of cyber and hostile state threatsAn interest in current affairs
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Responsibilities

THE SALARY FOR THIS ROLE IS £30,000 - £33,750 PER ANNUM .

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.

The Secretary’s Department sits at the heart of the Bank, and carries out three main purposes:

  • First, we contribute to effective decision-making and the smooth running of the Bank by providing the Bank’s central secretariat to the Bank’s Court of Directors, the Executive and subsidiaries; co-ordinating senior appointments. We also promote corporate governance throughout the organisation and, of particular relevance for this role, provide advice to Governors on national security issues.
  • Second, we help to protect the integrity and impartiality of the Bank and its officials by maintaining and promoting Our Code and advising all levels of the organisation on conflicts of interest. We also maintain the Bank’s public register of interests for its senior officials, handle internal whistleblowing matters and carrying out internal investigations into any suspected misconduct involving Bank staff and contractors.
  • Third, we manage records, archives & collections for the Bank, meeting our commitment to openness and accountability and our statutory obligations. This includes including managing historic records for researchers, maintaining a business library and providing a research and enquiry service
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