On behalf of the Bank of England, we are looking for X3 Senior Project Managers (Inside IR35) for a 12 month contract. These are hybrid working roles (two days per week office based - London/Leeds or Essex)
The Bank of England is 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.
SC Clearance is an essential requirement for this role, as a minimum you must be eligible and willing to undergo these checks. Please note, due to the exceptional requirements of this position (short-term nature of this role and speed at which we require a postholder in situ) preference may be given to candidates who meet all of the essential criteria and hold active security clearance.

As a Senior Project Manager, your main responsibilities will be to:

• Lead full lifecycle project and programme delivery, from business case development through to implementation and benefits realisation.
• Manage financials and budgets, ensuring effective use of resources and clear reporting to stakeholders.
• Drive the development of business cases, project plans, and governance frameworks.
• Build and maintain strong relationships with senior stakeholders across regulatory, financial, and payments sectors.
• Oversee teams in a matrix environment, ensuring alignment across multiple business functions.
• Deliver complex programmes in environments with significant ambiguity and change.

Role-Specific Focus Areas

• Markets Banking / Notes / Resolution: Finance-heavy initiatives including budget management, stakeholder engagement, and delivery across regulatory and financial domains.
• Central Bank Digital Currency: Full-lifecycle programme management in payments and financial services; experience in payments industry or regulatory environments highly desirable.
• Monetary Analysis / Organisational Transformation: Leading organisational design, change and transformation initiatives with extensive senior stakeholder management.

About You

• Extensive years of full-lifecycle project and programme management experience, including hands-on delivery.
• Strong expertise in financial and budget management.
• Proven ability in business case development and benefits realisation.
• Exceptional stakeholder management skills, including senior executive engagement.
• Experience working in regulatory, finance, or payments industries (desirable depending on role).
• Comfortable working with ambiguity and driving clarity in complex, changing environments.

Please be aware that this role can only be worked within the UK and not Overseas.
Our Approach to Inclusion
The Bank values diversity, equity, and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.
At the Bank of England, we want all colleagues to feel valued and respected, so we’re working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation, and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.
Disability Confident
As a member of the Disability Confident Scheme, the Bank of England guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.
Armed Forces Covenant
The Bank of England guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.
In applying for this role, you acknowledge the following “this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different”

As a Senior Project Manager, your main responsibilities will be to:

• Lead full lifecycle project and programme delivery, from business case development through to implementation and benefits realisation.
• Manage financials and budgets, ensuring effective use of resources and clear reporting to stakeholders.
• Drive the development of business cases, project plans, and governance frameworks.
• Build and maintain strong relationships with senior stakeholders across regulatory, financial, and payments sectors.
• Oversee teams in a matrix environment, ensuring alignment across multiple business functions.
• Deliver complex programmes in environments with significant ambiguity and change

Role-Specific Focus Areas

• Markets Banking / Notes / Resolution: Finance-heavy initiatives including budget management, stakeholder engagement, and delivery across regulatory and financial domains.
• Central Bank Digital Currency: Full-lifecycle programme management in payments and financial services; experience in payments industry or regulatory environments highly desirable.
• Monetary Analysis / Organisational Transformation: Leading organisational design, change and transformation initiatives with extensive senior stakeholder management