Manager – Compliance in Privacy
Bank of England
Manager – Compliance in Privacy
Bank of England
Central bank sets policy, regulates banks
Location: Leeds
12 Month FTC
Risk Directorate
The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public Risk management in its broadest sense is at the core of the Bank’s mission and is central to everything we do. As well as the diverse policy risks managed by the Bank’s three policymaking committees, the Bank is also exposed to a wide array of financial and non-financial risks.
The Risk Directorate was created following the 2018 internal Risk Governance Review and houses the second line of defence risk and compliance functions charged with providing effective oversight of the Bank’s financial and non-financial risks and ensuring compliance with its policies. The Directorate brought together various second line functions – Bankwide Risk, Financial Risk & Resilience, and the Bank’s central Compliance Division, including Privacy. The Risk Directorate also includes Business Continuity Management.
Internal Audit forms the third line of Defence for the bank and is part of the Risk Directorate for administration purposes but operates independently.
Department Overview
The Compliance Division sits within the Risk Directorate. Risk management in its broadest sense is at the core of the Bank’s mission and is central to everything we do. The Bank’s reputation for integrity and impartiality are key to maintaining our ability to discharge our mission.
The Compliance Division is a second line independent oversight function, responsible for reinforcing a culture of compliance across the Bank.
The Division
The Compliance Division:
The Privacy team is part of the Compliance Division and is led by the Bank’s Head of Privacy and Data Protection Officer. The Privacy team owns the Bank’s privacy framework and shares accountability with business areas to ensure that the Bank appropriately manages privacy risk. This includes ensuring compliance with data protection legislation and enabling the efficient and compliant use of personal data held by the Bank.
Job Description
Reporting to the Bank’s Data Protection Officer and working closely with other Privacy Managers, this is a key role working across the organisation to enable the compliant use of personal data in support of business objectives. The Deputy Data Protection Officer supports the Bank’s Data Protection Officer by providing professional advice and support to the organisation and contributing to strategy development to ensure that privacy compliance supports the Bank’s wider organisational goals.
Core responsibilities include:
Additional responsibilities include:
Number of direct reports: 0
Role Requirements:
Minimum Criteria
Essential criteria
Desirable Criteria
Our Approach to Inclusion
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.
Base Salary: £62,480 - £70,920
Central bank sets policy, regulates banks
The Bank of England is the United Kingdom’s central bank that maintains monetary and financial stability. It sets policy with the official interest rate, issues currency, manages government banking needs, and oversees the financial system through the PRA and the Financial Policy Committee. It earns income from its assets and services, but operates as a public, non-profit institution and returns any surplus to the UK Treasury. Its goal is to keep inflation stable, support sustainable economic growth, and protect the financial system for the public.
Explore more opportunities at Bank of England