Director of Data Transformation Programmes, Data & Analytics Transformation

at  Bank of England

The Director of Data Transformation Programmes will be responsible for delivery of the large blocks of strategic change required to implement the Bank’s Data and Analytics Strategy. The role holder will be the business owner of the Data Sub-Portfolio, Senior Responsible Owner for the two biggest data transformation programmes, Future Data Systems (FDS) and Transforming Data Collections (TDC), and lead the Data Transformation Programmes division within DAT. They will be accountable to the Chief Data Officer who is the Executive Sponsor for Data sub-portfolio and is responsible for the Bank’s data, analytics and AI strategies.
Data Sub-Portfolio: As business owner of the Data Sub-Portfolio, you will provide strategic direction to the portfolio management team, and work with the business owners and sponsors of the constituent programmes to ensure we can manage the overall coherence of the portfolio in line with the refreshed data strategy and architecture roadmap. This includes sequencing complex deliveries across the portfolio, ensuring appropriate governance is in place to manage trade-offs and prioritisation decisions, and guiding the portfolio through the business planning processes.
Future Data Systems (FDS): As Senior Responsible Owner and sponsor for the FDS programme, you will lead the programme to deliver a suite of Cloud-based data systems and tools for statistical data collection and dissemination. These will allow the Bank to realise productivity gains through automating processes, expand the range and types of data we analyse, use advanced analytics to improve insights provided to decision-makers and improve how we make it available externally, including by allowing programmatic access. It will replace an interconnected set of legacy data systems, including addressing critical obsolescence in the 25-year old MIDAS system. You will line manage one senior manager, bringing together a multi-disciplinary programme team with colleagues in DAT, Technology, Change and Planning and an external partner.
Transforming Data Collections (TDC): TDC will transform the way the Bank collects and manages data from regulated banks, delivering key technology, design, and data management capabilities to deliver a new operating model. As SRO for TDC, you will work closely with the Executive Sponsor (the Chief Data Officer) and Director colleagues in the PRA to ensure the PRA and Bank are provided with the data needed to support well-informed decisions. You will direct the delivery of the programme, line manage the two senior business owners and lead a multi-disciplinary team to define and deliver this complex programme of process, technology and policy change.
The Data Transformation Programmes division and the Bank’s Data Sub-Portfolio were only set up this year and further work is needed to define their structure. Once the budget of the Data Sub-Portfolio in future years is confirmed, you will work closely with the Executive Director and DAT Leadership Team to find the most efficient and effective structure within DAT to deliver the Data & Analytics Strategy within that budget.
Responsibilities

The Director of Data Transformation Programmes will be responsible for:

• Business owner for the Data Sub-Portfolio, working closely with the Data Sub-Portfolio Manager to ensure its delivery in line with the Bank’s Data and Analytics Strategy and to ensure risks are measured and well managed.
• Provide strategic leadership of DAT’s investment portfolio: the jobholder will lead, oversee and prioritise the successful design and delivery of the area’s extensive portfolio of projects and programmes. The role holder will be instrumental in resolving resource contentions and interdependencies with the Data Sub-Portfolio and ensure the effectiveness of the new Data Sub-Portfolio board.
• Working with the Senior Responsible Owners (SROs) and business owners of the relevant transformation programmes to define and deliver the decision-making framework within the Data Sub-Portfolio, supporting its overall coherence and alignment with the Data and Analytics Strategy.
• Senior Responsible Ownership of the Transforming Data Collection (TDC) programme, including line management of Senior Managers and leading a multi-disciplinary team. Lead on the overall delivery of the programme from early inception stage through design and into delivery. This will include, most immediately, the construction of the full business case, articulating the benefits for the Bank and for industry, and support for the first phase of the Banking Data Review, working with the responsible Directors in the PRA.
• Senior Responsible Ownership of the Future Data Systems programme, line managing the business owner and bringing together a multi-disciplinary programme team with colleagues in DAT, Technology, Change and Planning and an external partner. Supporting the Chief Data Officer in their role as Executive Sponsor of the Data Sub-Portfolio and the Transforming Data Collection Programme.
• Co-chair, with the responsible PRA Director, the Banking Data Collection Design Authority. Take responsibility for all bank-wide aspects of the design of data collections supporting their overall coherence and alignment with the data strategy.
• Drive the elements of the Data & Analytics Strategy Mission 2, to bridge data gaps by bringing the right data into the building and increasing the value of the data that we share, that related to the Future Data Systems and Transforming Data Collection programmes
• Day-to-day leadership of the Data Transformation Programmes division within DAT, including line management of four Senior Managers.
• Be an active participant in DAT Leadership Team, including acting as deputy for the Chief Data Officer as required.
• Be an inspiring leader, who can shape our strategic portfolio of change programmes to ensure that DAT continues to fulfil its mission under changing circumstances.
• Build and develop a multi-disciplinary diverse team.

The role holder will be a key part of the DAT Leadership Team, reporting directly to the Executive Director for Data & Analytics Transformation (DAT) and Chief Data Officer of the Bank of England.
Number of direct reports: 4 Senior Managers

ROLE REQUIREMENTS

Essential Criteria

• A strong record of leading and delivering high value, complex programmes and projects. Programme design, oversight and delivery skills are crucial. The ability to (i) translate business needs into project specifications and (ii) spot issues early and collaborate with others to develop pragmatic solutions for in-flight projects, are both vital.
• A background of leading data programmes within the public or financial sector, and experience of technology delivery.
• Excellent leadership skills with a track record of collaborating with others; delivering complex projects; building strategic direction and developing effective teams.
• Excellent stakeholder management skills, with the ability to influence business decisions to Deputy Governor-level (or equivalent), with a proven ability to handle a highly complex matrix of stakeholders.
• Knowledge of effective methods to support the continued improvement of Diversity, Equity and Inclusion (DEI) across DAT.
• Experience of negotiating with external suppliers and managing their performance during project delivery to ensure they deliver value for money to the organisation.
• Strong financial management and benefits realization skills.
• An inspiring leader, who can shape the strategic portfolio.

Desirable Criteria

• Commercial awareness and supplier management skills.
• Data analysis and data management experience, including managing expert teams.
• Knowledge of public sector procurement processes.
• Awareness of the Bank’s Data & Analytics Strategy.

The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff run networks.
We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to job shares, flexible and part time working patterns.
As part of our commitment to expand our presence across the UK, this role will be based in our Leeds office.
Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. We expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.
We are also committed to making adjustments for candidates and employees where possible and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident Scheme .

The Director of Data Transformation Programmes will be responsible for:

• Business owner for the Data Sub-Portfolio, working closely with the Data Sub-Portfolio Manager to ensure its delivery in line with the Bank’s Data and Analytics Strategy and to ensure risks are measured and well managed.
• Provide strategic leadership of DAT’s investment portfolio: the jobholder will lead, oversee and prioritise the successful design and delivery of the area’s extensive portfolio of projects and programmes. The role holder will be instrumental in resolving resource contentions and interdependencies with the Data Sub-Portfolio and ensure the effectiveness of the new Data Sub-Portfolio board.
• Working with the Senior Responsible Owners (SROs) and business owners of the relevant transformation programmes to define and deliver the decision-making framework within the Data Sub-Portfolio, supporting its overall coherence and alignment with the Data and Analytics Strategy.
• Senior Responsible Ownership of the Transforming Data Collection (TDC) programme, including line management of Senior Managers and leading a multi-disciplinary team. Lead on the overall delivery of the programme from early inception stage through design and into delivery. This will include, most immediately, the construction of the full business case, articulating the benefits for the Bank and for industry, and support for the first phase of the Banking Data Review, working with the responsible Directors in the PRA.
• Senior Responsible Ownership of the Future Data Systems programme, line managing the business owner and bringing together a multi-disciplinary programme team with colleagues in DAT, Technology, Change and Planning and an external partner. Supporting the Chief Data Officer in their role as Executive Sponsor of the Data Sub-Portfolio and the Transforming Data Collection Programme.
• Co-chair, with the responsible PRA Director, the Banking Data Collection Design Authority. Take responsibility for all bank-wide aspects of the design of data collections supporting their overall coherence and alignment with the data strategy.
• Drive the elements of the Data & Analytics Strategy Mission 2, to bridge data gaps by bringing the right data into the building and increasing the value of the data that we share, that related to the Future Data Systems and Transforming Data Collection programmes
• Day-to-day leadership of the Data Transformation Programmes division within DAT, including line management of four Senior Managers.
• Be an active participant in DAT Leadership Team, including acting as deputy for the Chief Data Officer as required.
• Be an inspiring leader, who can shape our strategic portfolio of change programmes to ensure that DAT continues to fulfil its mission under changing circumstances.
• Build and develop a multi-disciplinary diverse team