Job Description LEEDS BASED Directorate Overview The ARTIS (Authorisations, Regulatory Technology and International Supervision) Directorate supports the safety and soundness of firms, in a changing world, through: expertise and excellence in regulatory transactions and their consequences for policy and supervision; impactful data analytics, tools and technical capability that allow the PRA to make the most of its data and information, underpinned by relevant research; confident and consistent supervision of international banks and investment firms, with a forward-looking and flexible approach; including working effectively with home regulators and parent groups; and creating an inclusive, diverse and enjoyable place to work where we do what matters most, in close collaboration with colleagues from across the PRA and wider Bank, while continuing to enhance the way we work and develop our people. Department Overview The Authorisations function is responsible for delivering an effective Authorisations framework for the PRA, ensuring compliance with various UK statutory requirements, in accordance with the PRA's risk tolerance and decision-making framework. We are recognised, within and outside the Bank, as the centre of excellence for Authorisations knowledge, providing mentorship and direction on all regulatory transaction issues, always ensuring high quality outputs. We effectively combine deep technical knowledge and practical implementation. We are at the forefront of developments affecting Authorisations by making judgements to arrive at decisions in partnership with Supervision and others on behalf of the PRA, and ensuring the appropriate management of critical events in a firm's lifecycle. Job Description We are looking for a motivated and intellectually curious individual with strong analytical and stakeholder management skills, who is keen to develop in a dynamic and engaging regulatory role in Authorisations. You will initially join the Senior Managers Regime (SMR) team. The team assesses applications for senior management functions and supports related activity across the PRA. The team works closely with Supervision, Policy, Legal and the Financial Conduct Authority, contributing to decisions that shape who can perform senior roles within firms and how regulatory standards are applied in practice. In this role, you will take ownership of elements of regulatory casework, assessing applications by analysing complex and often ambiguous information, identifying risks and considerations, and supporting the development of clear, evidence-based recommendations. Your work will directly contribute to robust, proportionate and timely regulatory decisions that support the PRA's objectives. Alongside casework, you will also contribute to a range of team and divisional initiatives, including improving processes, enhancing the use of data and systems, and supporting the delivery of policy and operational changes that shape how the PRA assesses regulatory applications. Authorisations operates a flexible and collaborative model. Although the role starts with a focus on SMR, you will have chances to work in other Authorisations areas. These areas include Waivers, Part 4A permissions, New Firm Authorisations and Change in Control. Your involvement will reflect business needs and your development goals. Because the core skills required are common across Authorisations, we may also use this recruitment campaign to fill other equivalent analyst roles that arise during the process. What you will get from the role: Early exposure to complex firm issues and regulatory decision-making, working closely with colleagues across the PRA and partner organisations. The opportunity to build a strong professional network across Supervision, Policy, Legal and the wider Bank. A varied and intellectually challenging role that provides a good foundation for a career in regulation, supervision or policy. Opportunities to contribute beyond casework, including involvement in projects, process improvements and policy implementation. A structured environment to develop technical knowledge, judgement and professional skills. Role Requirements Minimum Criteria Experience of delivering high quality written analysis showing the ability to gather, interpret and bring together information from different sources and present it in a clear and structured way. Experience of working collaboratively with a range of colleagues in a professional environment. Experience demonstrating personal organisation, with the ability to handle a varied workload and deliver work within defined frameworks and timelines. Essential Criteria We're looking for someone who can demonstrate: Strong analytical skills, with the ability to assess varied and ambiguous information, apply judgement, pay attention to detail and make clear recommendations supported by evidence. Clear and effective communication skills, both written and verbal, including the ability to explain your reasoning and produce concise, well-structured outputs. A collaborative and proactive approach, with the ability to build effective working relationships and provide appropriate challenge where needed to support sound decision-making. The ability to prioritise and manage competing demands, staying focused on what matters most and progressing work efficiently across a portfolio of tasks, taking ownership of outcomes. The ability to quickly learn and apply new information and processes, taking responsibility for personal development. Desirable Criteria Previous experience in financial services, regulation or public policy, and an understanding of how regulatory decisions can affect firms and markets. Existing knowledge of regulatory transactions (e.g. SMR, Waivers, Part 4A permissions, New Firm Authorisations or Change in Control). Curiosity and an interest in developing broader regulatory knowledge and thinking. Additional note Prior regulatory or financial services experience is not required to apply. We value transferable analytical, communication and judgement skills, and will support you to build technical knowledge and confidence in a practical, case-based environment. We are committed to attracting a diverse range of applicants. If you have many of the skills and experience outlined, we encourage you to apply, even if you do not meet all the criteria. 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. We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed. For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders. Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application. Salary and Benefits Information We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate. Salary is circa £37,520 - £41,760. 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. National Security Vetting Process Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided to the successful applicant, and information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice. The Bank of England welcomes applications from all candidates, but as a UK Visas and Immigration (UKVI) approved sponsor, we have a responsibility to comply with the Immigration Rules and guidance. As such, our ability to employ individuals who require sponsorship for immigration purposes is limited. The Bank cannot guarantee that you and / or the role you are applying for will be eligible for sponsorship and that any application made to UKVI will be successful. Eligibility will therefore be considered on a case by case basis. The Application Process Important: Please ensure that you complete the 'work history' section and answer ALL the application questions fully. All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information, including your CV, when reviewing your application details at the screening stage. It's therefore really important that you fill out the work history and application form questions, as your answers will form a critical part of the initial selection process. The assessment process will comprise of a two part interview, including a structured assessment and competency based questions. This role closes on 17th June. Please apply online, ensuring that you complete your work history and answer ALL the application questions fully and in detail as your application will not be considered if all mandatory questions are not fully completed. About Us We are the UK's central bank - and we are a bank like no other; known by our peers for our world-leading thinking on policy and strategy. Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and people's money safe. We know our work matters to people, to families, up and down the UK. We are driven by curiosity and the desire to do important, challenging work. It takes a great team to run the Bank of England. We rely on each other to play our part. We benefit from a collaborative culture and long-established flexible ways of working, supporting our colleagues balance their work and personal lives. We strive to be a place where people feel they belong and have equal access to opportunities, because different perspectives helps us make the best decisions for the public. There's much to gain from working with us - from career defining work at the heart of the UK economy, being part of a fantastic team, and a rewarding compensation package. Join us and find a bank like no other. Together, we can make a difference. The Bank of England will use and protect the information you provide when you apply for a role with us, in line with our obligations under data protection law. This is so we can assess your suitability for the role and administer your application. If you're successful we'll use it to offer you a position and onboard you to join the Bank. If you would like more details about how your information will be used and your information rights, please visit our recruitment privacy notice