Senior Manager - PRA Business Change & Systems

Bank of England ,
London, Greater London
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Overview

Job Description

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 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. On 1 April 2013 the Prudential Regulation Authority (PRA) became responsible for the prudential regulation and supervision of banks, building societies, credit unions, insurers and major investment firms. The PRA was created by the Financial Services Act (2012) and is part of the Bank of England. As a directorate of the PRA, Regulatory Operations supports and complements the work of the Supervision and Policy areas of the Bank and ensures that the PRA can execute its operational responsibilities to ensure the smooth running of the organisation. Regulatory Operations is split into five main divisions: * Authorisations * PRA Chief Operating Office * PRA Governance Function * Senior Advisors * Supervisory Oversight Function Department Overview The COO Division of the Prudential Regulation Authority (PRA) is responsible for supporting the PRA's strategy of allocating its resources to its greatest areas of risk, collaborating with the wider Bank and the FCA to ensure that changes to data, systems, processes, people, organisation structure and culture remain aligned with the PRA's operational and supervisory strategies. Our Directorate is committed to having a diverse, supportive and inclusive environment. We are keen to receive applications from those interested in working flexibly, including part-time working. Job description This is a people management role. You will be responsible for day to day management of the team and for defining roles and responsibilities. You will develop your team through sharing information effectively, coaching and communicating a clear vision to ensure that your staff are productive, engaged and motivated to deliver the area's aims. This will include setting clear goals and smart stretching objectives that are aligned to those of the team, division and directorate. You will also be responsible for handling all staff-related matters that may arise including performance, absence and sickness. An exciting opportunity has arisen for a senior manager to lead the PRA Business Change & Systems (BCS) team. Reporting to the PRA Chief Operating Officer, the role holder will be responsible for the prioritisation and management of the PRA's 15m portfolio of business change and technology investment projects, and its strategic systems development and support. You will lead a team of 15 and matrix-manage many others involved in delivering targeted business change initiatives designed to help the PRA achieve its strategic goals and local business plans. You will represent the business on various project boards, including large scale PRA systems implementation projects such as Risk & Work Manager, FCA Shared Services and the PRA Rulebook. Your team will be responsible for providing specialist, business-side BAU support for the running of these strategic business systems. Number of direct reports: 4 (total of 15 reports). Key responsibilities will include: * Leading the delivery of the PRA's portfolio of business change and technology enabled change programmes, from scoping and mobilisation through to implementation; * Leading the prioritisation, approval and monitoring of the PRA's portfolio of business change programmes; maintaining relationships with senior leaders across the PRA and broader Bank to drive consensus on the vision and delivery of initiatives within the PRA's business change agenda; * Working with the PRA's senior leadership team to identify, prioritise and seek investment for additional change opportunities that will help us deliver our strategic objectives and enable transition to our future operating model; * Embracing the advances in Regtech and Suptech to contribute to the delivery of the PRA's regulatory commitments in the most effective and efficient way. * Ensuring the benefits and desired outcomes are achieved for PRA business change projects, using clear metrics to measure success; * Leading the development of a business change 'centre of excellence' by investing in the best tools and methods and developing a continuous improvement approach in both the immediate BCS team and the broader PRA organisation; * Acting as key connector to the Financial Conduct Authority for projects of shared regulatory and operational interest and interdependencies, including representing the PRA's interests on the Joint Data Management Committee; * Responsible for the operational relationship between PRA COO and Technology Digital Services. Role Requirements Minimum Criteria * Experience of managing staff including leading, motivating and empowering a diverse team of specialists. * Experience of leading one or more concurrent projects of conside

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