Job Description

Senior Business Analyst – Technology, Strategy & Architecture – Technology Directorate

Location: Leeds

Permanent

Full time

This is a Senior Business Analyst (BA) role that sits within the Technology Directorate. Business Analysts enable the Bank to meet its objectives by working on technology change initiatives. As part of cross functional teams and working closely with our business colleagues, BAs elicit, analyse and create a shared understanding of requirements to enable successful implementation of our change initiatives.

Senior Business Analysts (BA) are experienced business analysts in a project or product team, proficient in BA practices to provide the analysis needed for successful outcomes for the initiatives.

Flexible Working Options

This role is open to flexible working patterns, these may include:

• Job share
• Flexible start and end time to each day
• Part time
• Ability to adapt calendar as needed, this could be to fit in the school run, gym, or appointments
• A 50% in-office attendance requirement can be spread across the month to accommodate diverse working patterns, such as the flexibility to purchase a weekly train ticket for certain weeks
• Working from abroad policy (subject to approval and policy within the team)

Opportunities in Leeds

We’re excited to be growing our presence in Leeds, a city we’ve been connected to for nearly 200 years! Our modern, accessible office in the City Centre offers a supportive, flexible working environment. The majority of roles, including this one, are now available in Leeds, giving you the chance to build a meaningful career outside of London while

contributing to our mission from a dynamic and growing location. You’ll work collaboratively with London-based colleagues in a hybrid model, with regular opportunities to travel into the London office to meet and connect together in person.

Want to learn more? Discover what makes our Leeds office such a dynamic place to work by visiting our Leeds page for more details.

A day in the role

A typical day might start with the team’s stand-up meeting for the current sprint, where you’ll discuss your workload and any blockers. You may be joining from our Leeds or London office, or remotely as part of our hybrid model.

Next, you could work on refining requirements or attend a workshop with stakeholders to map processes and identify improvements. Later, you might produce analysis artefacts such as process flows or impact assessments to support delivery teams. If you’re in the office, you could lunch in the canteen with some of your colleagues. In the afternoon, you may attend a BA Community of Practice continuous improvement session followed by a catch up with developers and testers ensuring solutions meet business needs. Before wrapping up for the day, you’ll update documentation and share outputs, so the wider team has clarity on next steps.

Role Requirements

The role will include:

• Developing a deep understanding of Bank business areas and functions, their business change needs and the outcomes they are seeking to achieve, including how these link to organisation-wide strategic objectives
• Eliciting, analysing, defining and documenting business processes and business requirements (using appropriate BA artefacts) in-line with our standards to create a shared understanding amongst business and technical stakeholders
• Managing the requirements lifecycle for data and systems implementations based on internal change and external legislative initiatives
• Establishing and maintaining agreement between the business customer and solution provider on requirements including traceability management across the full project lifecycle
• Applying business change expertise to enable our business colleagues to achieve their outcomes set out in change initiatives
• Investigating, analysing and communicating the current state and future state using BA tools and techniques
• Communicating the business impact to ensure that all stakeholders understand the requirements and how the solution will address them
• Championing innovation and collaboration, and being an active contributor to the on-going learning and development of the BA Community of Practice through knowledge sharing and being an advocate for better practice
• Applying standards and methods to ensure consistency, re-use, scalability and alignment of requirements

Minimum Criteria

• Demonstrable experience working as a Business Analyst on projects or programmes, responsible for analysing and managing business requirements.
• Ability to produce clear and concise analysis artefacts such as process maps, user stories, and acceptance criteria.
• Experience facilitating workshops or stakeholder meetings to elicit requirements and validate solutions.
• Strong communication skills, with the ability to engage effectively with technical and non-technical stakeholders.
• Proficiency in applying standard business analysis tools and methods (e.g. process modelling, gap analysis).
• Solid knowledge of project delivery and product management approaches (Agile and/or Waterfall).
• Proficiency in Microsoft Office tools (Word, Excel, PowerPoint) for documentation and reporting.
• Experience working within financial institutions and delivering projects related to regulations, markets and banking and payments.

Essential Criteria

• Educated to degree level and/or holding a recognised Business Analysis qualification (e.g., BCS BA Diploma, IIBA CBAP) or equivalent experience.
• Proven track record as a Business Analyst on complex projects or programmes, ideally within financial or regulatory environments.
• Strong experience across the full software development lifecycle, with practical knowledge of both Agile and Waterfall methodologies.
• Conduct thorough impact assessments for proposed changes to systems and processes, identifying risks, dependencies and potential business impacts.
• Ability to coach and mentor colleagues on Agile principles.
• Skilled in developing and using operating models and business processes, including BPMN 2.0.
• Expertise in eliciting, analysing, communicating and documenting business and solution requirements using a range of BA techniques (e.g., process models, wireframes, use cases, data models).
• Experience producing high-quality outputs from high-level concepts to detailed specifications, including functional and technical artefacts.
• Excellent stakeholder management and facilitation skills, able to engage large and diverse groups and manage uncertainty effectively.
• Strong problem-solving and influencing skills, with the ability to exercise independent judgement and escalate issues appropriately.

Desirable Criteria

• It would also be beneficial, but not necessary, to have some of the following:
• 5+ years experience at a Lead or Senior Business Analyst level
• Awareness of business architecture principles and frameworks.
• Experience in data management, including data journeys, analysis, integration, and migration.
• Experience in developing customer journeys and user research
• Exposure to supporting scaled Agile methodologies within Waterfall environments.
• Exposure to Cloud, CRM, Power Platforms, AI technologies.
• Certification in recognised delivery methods such as Agile or DevOps.
• Understanding of product and project management practices, including resource and time management.
• Operating at SFIA Level 4 for the following SFIA v9 skill: The essence of level 4 is: "Performs diverse complex activities, supports and guides others, delegates tasks when appropriate, works autonomously under general direction, and contributes expertise to deliver team objectives.”
  • Business Situation Analysis
  • Requirements Definition and Management
  • Business Modelling
  • Business Process Re-engineering
  • Stakeholder Relationship Management
  • Methods and Tools

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.
Leeds salary £49,360 - £55,530

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 13th April.

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.
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