Assistant Private Secretary to Executive Director

Bank of England

Job Summary

Bank of England is currently offering Assistant Private Secretary to Executive Director position for qualified individuals who are willing to work Full Time at their office in London, England, UK Be sure to check job specifications carefully before proceeding.

Job Title: Assistant Private Secretary to Executive Director
Company Name: Bank of England
Job Location: London, England, UK
Job Type: Full Time
Job Category: Bank of England
Job Link Expiry: 2022-12-30
Posted on:

Job Details:

About the job

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 plus 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.

Prudential Policy Directorate is responsible for designing, negotiating internationally and implementing effective prudential regulation in order to remove or reduce systemic risks, promote the safety and soundness of PRA-regulated firms and ensure appropriate protection for insurance policyholders. PPD supports both the Prudential Regulation Committee and Financial Policy Committee in fulfilling their objectives.

Department Overview

This is a really exciting opportunity to be the Assistant Private Secretary in the office of the Executive Director of Prudential Policy. This is a fascinating time to work at the heart of PRA policy making – you will be working in a fast-paced environment, against the backdrop of reshaping UK financial services following the UK’s withdrawal from the EU, liaising with counterparts in Government, and working on issues such as the response of financial services to new and emerging issues. The job holder will report to the Private Secretary and will be a key member of the ED Office. They will support the Executive Director of PPD both in running the Directorate and in their role as IAIS ExCo Chair. The role involves working closely with the Senior Management Team (SMT) and colleagues across PPD.

Job Description

The job holder will be a key member of the ED Office, supporting the Executive Director of PPD, Vicky Saporta, both in running the Directorate and in her international roles; as well as working closely with the Senior Management Team (SMT) and colleagues across PPD. You will also have the opportunity to engage with HM government, other central banks and regulators, industry bodies, and financial sector boards and C-suite executives. This role provides a great opportunity to be involved in the running of the ED’s dynamic office and supporting the delivery of PPD’s objectives and responsibilities. The successful candidate will be well-placed to learn about the prudential policy framework and how it interacts with other parts of the Bank’s work, and with other institutions. They will build relationships both internally and externally, and gain experience in producing directorate wide communications.

The specific responsibilities will be agreed with the successful applicant but the role will involve:

  • Supporting the ED and the Private Secretary across the broad range of issues that arise with the ED Office, including on the domestic and international agenda;
  • Responsibility for leading on various aspects of PPD’s work from within the office and opportunities to support adhoc PPD projects;
  • Coordination of meetings and drafting briefings for the Executive Director and Governors’ offices;
  • Supporting PPD SMT in their work to develop and execute PPD’s strategy; and
  • Being aware of key policy, management and operational issues across the Directorate and communicating to the ED/SMT as appropriate.
  • Opportunities for international travel.

Role Requirements

Minimum Criteria

  • Some exposure to policymaking and the regulatory frameworks for banks and/or insurers, gained through career experience or academic study.

Essential Criteria

  • An interest in prudential policymaking and the work of PPD
  • An understanding of the PRA and the Bank
  • An ability to build and sustain relationships: strong interpersonal skills, can build trust and work with senior management and staff across the Bank, and with third parties.
  • Can get to grips with a wide variety of issues, filter key information, and respond promptly.
  • Ability to remain calm under time pressure and to demonstrate good judgement and effective prioritisation.
  • Be a self-starter, confident and comfortable working on your own initiative, with effective written and oral communications skills.
  • Be collaborative and able work in a small office; flexible and willing to help others to achieve results.

Desirable Criteria

  • Knowledge of banking/insurance regulation or the regulatory environment.

The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.

We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.

We are also committed to making workplace adjustments for all of our employees as needed, and also for candidates throughout all stages of the selection process. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.

We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.

The closing date for applications is 31 October 2022.

Reward Package

The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities and plenty of wellbeing initiatives.

The salary range for this vacancy is approximately £35,700 to £41,500, dependent on relevant skills and experience. In addition, the total reward package also includes:

  • 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 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
  • 25 days annual leave with option to buy up to 13 additional days through flexible benefits.
  • Private medical insurance and income protection.

Please apply online, ensuring that you answer the application questions, complete the work history and submit your CV.

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Job Posting

10-Oct-2022, 4:58:21 PM

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