MONETARY ANALYSIS DIRECTORATE

The Monetary Analysis directorate provides expert advice and guidance to the Monetary Policy Committee so that it can decide and communicate the right policy strategy to meet its price stability objective.

KEY RESPONSIBILITIES:

• Line management of an Analyst in Data Science and three Senior Research Assistants.
• Work with the Technical Agent for Data Strategy to implement the Data Analytics/ AI and Technology strategy for the Agency Network.
• Lead advanced research and experimentation in AI, including Machine Learning and Generative AI, and statistical modelling
• Develop and implement complex data science solutions, ensuring they deliver measurable business improvements. This will include the development of AI solutions for the analysis of Agency intelligence working alongside Advanced Analytics.
• Work collaboratively with Agents to implement new analytical tools, including scoping and leading projects.
• Work collaboratively with the PAs and other support staff in the Network to implement improvements to the data management, technology and other systems and processes they use.
• Provide technical leadership and mentorship to an Analyst Data Scientist and 3 Senior RA’s.
• Collaborate with business stakeholders in the Agency Network and Monetary Analysis more widely to define objectives, frame problems, and deliver improvements.
• Drive innovation by identifying emerging trends in data science and assessing their applicability to the Agency Network
• Ensure data science solutions align with governance, regulatory, and ethical standards, including working with the Analyst on the governance and application of the Enterprise Data Platform for Agency intelligence.
• Provide leadership to the Analyst and Senior Research Assistants in operationalising innovations in data science.
• The Senior Data Scientist will be part of a peer group in the Agency Network, allowing further integration into broader Agencies discussion and activities.The Senior Data Scientist will be a member of the Data and Analytics Team and can get involved in a range of workstreams via membership of a Working Group.