Company: Bank of England
Location: London, United Kingdom
Employment Type: Part-time
Description:
As the Director of Strategic Planning, you will be accountable for overseeing and driving the shaping of the bank’s 3-5 year strategic plan, working closely with senior stakeholders such as the Governor’s, Deputy Governor’s and Executive Directors to achieve a unified Bank-wide plan. You will own the end-to-end strategic planning lifecycle, ensuring the successful creation and management of the synthesised strategic narrative.
The role provides an exciting opportunity to influence the way the bank delivers its mission. The role holder will be expected to present to, and manage relationships with Non-Executive Court members, Governor’s, and Executive Directors.
You will report directly into the Executive Director for Change and Planning and lead a team of experienced strategists that will develop, alongside the relevant stakeholders, the bank’s strategic plan. You will be accountable for ensuring that the team has the necessary capabilities and expertise to deliver.
The successful… candidate will be a member of the Change and Planning senior leadership team and when necessary, will deputise for the Executive Director of Change and Planning. You will also be a member of the Bank’s extended leadership team.
Number of direct reports:
Role Requirements:
• Developing and implementing an effective Bank-wide approach to strategic planning, providing leadership and direction on a broad range of activities and initiatives that support decision-making and ensure the Bank is best-placed to deliver against its mission.
• Leading stakeholder engagement and communication with the Bank’s senior leaders including Governor’s and Executive Directors, that is fundamental to the development of a compelling strategic narrative.
• Working closely with the Executive Director of Change and Planning to curate, present and recommend multiyear strategic planning options to the Governor and other senior decision makers such as Court and the Deputy Governor’s.
• Overseeing the bank’s strategic priorities including delivery and outcomes, building the annual/forward looking plan, and agreeing budgets with the senior finance colleagues.
• Strategic business planning, working closely with the Executive Director for Finance and other senior finance colleagues to ensure the bank’s business plans are aligned to the financial targets.
• Leading the team that synthesise business area plans, creating strategic options off the back of the business plans.
• Key relationships and dependencies:
• Overseeing the team that define KPIs to establish measurable objective criteria for evaluating the progress and success of the strategies.
• Working closely with the Head of Portfolio Planning and Assurance to ensure the do-ability of the strategic plan.
• Deputising for the Executive Director for Change and Planning in their remit of delivering the Bank’s organisational strategy.
• Working alongside senior stakeholders across the bank including the Non-Executive Directors, the Governor, Deputy Governor’s and Executive Directors to agree a cohesive approach to strategic planning.
• As a member of the Change and Planning leadership team, the role is individually and collectively accountable for the performance of Change and Planning in service to the Bank.
Minimum/Essential Criteria:
• Experience in delivering a compelling roadmap/strategy to support the delivery of a strategic mission.
• Be data centric and embrace analytics as an input into decision making.
• Ability to interact with a wide range of senior stakeholders including Governors, fellow Executive Directors, Bank of England staff, HMT and other government departments.
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.
We offer a competitive base salary.
In addition, we also offer a comprehensive benefits package as detailed below:
• 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 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.
This role closes on 17 September 2024
The Application Process
Important: Please ensure that you complete the ‘work history’ section 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.
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 very 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
Source: LinkedIn
——————————————————————————
Tadawul Academy (www.tadawul.academy) is the highest rated CISI training academy in the world. Over 7000 students are enrolled on our eLearning platform. Our portfolio of qualifications includes: CISI ICWIM (Int. Certificate in Wealth and Investment Management), CISI UAE Financial Rules and Regulations, CISI Risk in Financial Services, CISI IISI (Int. Introduction to Securities and Investment), CISI Corporate Finance Technical Foundations, CISI Combating Financial Crime, CISI Global Financial Compliance, etc.