Executive Director

The Bank of England is the UK's central bank. Each of its 5,800 people are committed to public service and dedicated to its mission to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.

Role and responsibilities

The Chief Data Officer (CDO) is a key member of the Bank of England’s senior leadership team as the Executive Director responsible for overseeing the Bank's data collection, its data and analytics strategy and central data services which support the decision making of the Bank’s Policy Committees, UK Government and international organisations.

Reporting to both the Deputy Governor for Monetary Policy and the Chief Operations Officer, the CDO plays a pivotal role in the delivery of the Bank’s ambitious data and analytics strategy which is underpinned by a new enterprise data platform on the cloud and an organisation wide data fluency programme. We are on a multi-year journey to modernise its analytical processes and deploy artificial intelligence tools to realise efficiency gains and build new capabilities to underpin the Bank's decision making. 

The Data directorate currently comprises four areas of responsibility:

• Data and statistics: Collection, compilation and publication of regulatory and statistical data collected from the financial sector, including banks, insurers and building societies.
• Data strategy design and implementation: Providing the tools, platforms, training and culture to ensure the Bank can make the best use of data and analytics to fulfil its mission.
• Advanced Analytics: Centre of expertise for data science and artificial intelligence.  Together the Data and Technology directorates are driving forward the Bank's artificial intelligence strategy.
• Data Transformation Programmes: Lead the Bank's £20+million change programmes, including deploying and populating the enterprise data platform, modernising statistics production, building a modern data environment for monetary policy and streamlining regulatory data collections from banks.

Specific responsibilities of the CDO include:

1. Lead and manage the 230 people in the Data Directorate 
2. Lead the production, compilation and publication of high quality, reliable data to support the Bank of England’s monetary policy, financial stability and regulatory responsibilities
3. Lead the Bank’s Data Strategy, data governance & management and ensure buy-in across the Bank
4. Deliver the ambitious Data Transformation programme
5. Lead the development and implementation of AI use across the organisation
6. As one of the Bank’s Executive Directors, contribute to the collective leadership of the organisation as an active member of several Executive Committees. In particular via membership of executive operational and investment committees to ensure successful delivery of the Bank’s change and investment programmes

Required minimum essential skills and experience

Application of data techniques within a digital environment/organisation

• Experience of setting data strategy and demonstrating the value of data within a digital environment.
• Experience of managing an organisation’s data/analytics operations – including leadership of architecture, user requirements, software development and AI and machine learning integration.

Strong and established leadership ability

• Strategic problem solver with multiple years’ experience operating at senior levels in an organisation
• Established track record of leading large teams and building strategic direction, with the ability to translate trends in data to the changing business environment.
• Embody the Bank’s leadership values – human, humble and in step with the changing world, promoting an inclusive culture and working environment.

Industry leading knowledge of data products and platforms, and the ability to apply this in support of the Bank’s mission and strategic priorities

• Understanding of the data environment, with experience of utilising emerging and traditional data gathering, collation and analytical techniques to ensure the effective delivery of the Bank’s data strategy.
• Technical depth to modernise the way the Bank works with data and to deploy new and innovative artificial intelligence tools
• Demonstrates flexibility in responding to market shifts and colleague feedback.
• Be data centric and embrace analytics as an input into decision making.

Excellent communication and stakeholder management skills

• Ability to work constructively with a wide range of stakeholders including Governors, fellow Executive Directors, Bank of England staff, HMT and other government departments
• Track record of building partnerships with key organisations in the data sector 
• Clear communicator to a wide audience of stakeholders both within and outside the Bank.

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.

This role offers a competitive salary.  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 and a psychometric assessment.

This role closes on 16th July 2025

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.