Senior Business Change Delivery Analyst in Business Change & Systems (BCS)

at  Bank of England

PRA Strategy, Risk & Operations (SRO) Directorate is central to the delivery of the PRA’s strategy - facilitating, challenging and assuring the PRA’s work as a peer and partner. In particular, SRO does this by:

• Acting as a centre of operational excellence - partnering with the business and central functions of the Bank to ensure the PRA is equipped to deliver its objectives and evolving regulatory remit.
• Facilitating the measurement, aggregation and comparison of risks in a clear and coherent way, to enable the PRA to respond to changes in risk dynamically and to drive decisions on prioritisation, business planning and resourcing.
• Maintaining the integrity of the PRA’s decision making framework and supervisory approach, including challenging and assuring the quality of supervisory practices and judgements.
• Supporting the delivery of the PRA’s objectives through the publication of its internal and external communications. The directorate is also responsible for maintaining the PRA’s overall strategy by overseeing the delivery of the PRA’s Strategic Review Workstreams.

The Directorate is split into four divisions:

• PRA Chief Operating Office Division (COO)
• PRA Governance and Controls Division (G&C)
• PRA Risk and Assurance Division (RAD)
• PRA Data, Systems, Change & Operations (DSCO)

The role sits within the Portfolio and Business Change team, within the DSCO Division.
The successful candidates will join Data, Systems, Change & Operations Division (DSCO). The division’s mission is to steer and deliver PRA change, influence the regulatory data agenda and drive the use of strategic business systems and data across the wider Bank. DSCO is responsible for the PRA’s BAU Technology relationship and delivers and supports the PRA’s most important change programmes & systems.

The Portfolio and Business Change team is responsible for:

• Steering PRA Change plans in line with strategic goals and priorities including the budgeting for current and outer years.
• Enabling the initiation (understanding/documenting requirements), elaboration, delivery and reporting of change projects & programmes and leading the One Front Door (OFD) to gather requests relating to change initiatives.
• Supporting business areas with project management/process improvement to ensure business change is delivered successfully.

JOB DESCRIPTION

This is an exciting opportunity to support the PRA to deliver change driven by its strategic objectives and regulatory responsibilities.

The Portfolio and Business Change team is looking for a highly motivated individual who would like a chance to further develop their experience of project management and change delivery. The successful candidate will be able to experience the following parts of the business change project lifecycle:

• Leading open conversations to understand requests raised by PRA business areas via the PRA COO’s One Front Door process.
• Designing and planning how to effectively deliver these requests in collaboration with colleagues in the PRA and wider Bank.
• Delivering these requests in a way that achieves the outcomes that the business needs.

There is a clear leadership element to the role, and the individual will need to be comfortable handling and empowering the colleagues they work with in the course of these activities. The role will be dynamically supported by the Portfolio and Business Change team manager who will help the Senior Business Change Delivery Analyst grow their leadership capabilities, including by seeking out appropriate coaching and Learning & Development as needed.
The role holder will be expected to demonstrate that they are able to increase the impact, complexity and autonomy of their working assignments during their time in the role. There is also a degree of flexibility required in this role in order to meet the demands of the PRA’s change priorities.
Excellent prioritisation and time management skills are essential. The nature of the team’s work will mean that they will often be working on multiple pieces of work with different partners at the same time. This means that the role needs a self-starter able to autonomously collaborate with colleagues at different levels and specialisms. This variety also means that strong communication skills are needed; from being able to articulate the team’s mission to effectively communicating with their respective partners on assignments.

The Portfolio and Business Change team is responsible for:

• Steering PRA Change plans in line with strategic goals and priorities including the budgeting for current and outer years.
• Enabling the initiation (understanding/documenting requirements), elaboration, delivery and reporting of change projects & programmes and leading the One Front Door (OFD) to gather requests relating to change initiatives.
• Supporting business areas with project management/process improvement to ensure business change is delivered successfully

This role offers a competitive salary. 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.
• 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