Job Description The MBPR Deputy Governorship: The Bank of England's core mission is promote the good fo the people of the United Kingdom by maintaining monetary and financial stability. To deliver this mission, MBPR carries out diverse operations including: managing the Bank's sterling and foreign currency balance sheets; managing national foreign currency reserves for HM Treasury; gathering market intelligence; offering banking services to HM Government and other central banks; operating Real Time Gross Settlement systems; and acting as the UK's resolution authority. Job Description Reporting to one of the Bank's Deputy Money Laundering Reporting Officers (DMLROs), you will be integral to monitoring, managing and mitigating the Financial Crime risks posed to the Bank. The work of the Financial Crime team is very varied and involves working on multiple pieces of work at any time. The role has exposure to each of the Bank's four stages when managing financial crime risks: 1. Setting policies and establishing risk tolerances Helping to monitor and benchmark legal and best practice developments and update our policies accordingly to meet the Bank's risk tolerances. 2. Assessing the threats posed to the Bank Assisting with the monitoring of fast moving geo-political and other developments around the world and evaluating how they may pose a threat to the Bank's operations. 3. Identifying the Bank's vulnerability to the threats posed Completing assessments of the Bank's internal control defences against the money laundering, terrorist & proliferation financing and sanctions threats. 4. Implementing controls on a risk sensitive basis Completing risk assessments of the MBPR customers, counterparties and participants. These will range from central banks to commercial institutions. The analyst will attend the Financial Crime Board and its subgroup to present assessments for review and challenge. Be responsible for daily monitoring tasks such as performing reviews and making decisions about transactions that are flagged as high risk and working with other teams to obtain further information where necessary. Providing financial crime advice to stakeholders across the Bank on how financial crime risks may crystalise and how these can be mitigated and managed. Role Requirements Minimum Criteria Ability to handle sensitive and confidential information in a discreet manner. Strong attention to detail and high-quality standards. Excellent analytical skills and the ability to make sound risk-based judgements quickly Essential skills Experience in working in transaction monitoring and identifying/raising suspicious activity. A natural curiosity plus specific interest in global affairs and developments in financial crime. Confidence to express opinions and views and provide challenge to management. Strong workload management skills, with the ability to prioritise effectively the undertaking of day-to-day tasks and working on longer term analysis and projects. Desirable Criteria An understanding of international correspondent banking and knowledge of the UK's Money Laundering Regulations and HMT sanctions regime. A qualifications or certification in Anti-Money Laundering (AML), fraud control, sanctions, or broader economic crime prevention. 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. We offer a salary as follows: Leeds - £37,520 - £46,400 London - £41,200 - £51,500 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 two interview stages. This role closes on 03 June 2026. 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