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Data Scientist in AI and Analytics Team bei Bank of England

Bank of England · Leeds, Vereinigtes Königreich · Onsite

51.360,00 £  -  57.780,00 £

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Leeds only based role. 

The RegTech, Data & Innovation (RDI) division is at the forefront of analytical excellence within the PRA, driving the adoption of advanced data science and cloud technologies to support effective supervision. Data Scientist wanted with expertise in Databricks, Azure, modern data science, and proven agile delivery experience.

Key Responsibilities:

  • Lead and contribute to the design, development, and deployment of advanced analytics solutions using Databricks and Azure, supporting supervisory and regulatory objectives.
  • Apply innovative data science techniques including NLP, RAG, and machine learning to extract insights from complex, multi-source regulatory data sets.
  • Collaborate with supervisors and technical team members to comprehend requirements and deliver solid, scalable solutions that enhance supervision.
  • Promote the implementation of guidelines in CI/CD, DevOps, and agile delivery, coordinating sprints and guiding team members in contemporary engineering workflows.
  • Build and maintain data pipelines and analytical workflows, ensuring data quality, security, and compliance with regulatory standards.
  • Stay abreast of the latest developments in data science, cloud engineering, and financial supervision, sharing knowledge with technical and non-technical audiences.
  • Collaborate and build relationships inclusively with end-users including supervisors of banks and insurers to understand their needs and ensure tools meet those needs.

Minimum Criteria:

  • Demonstrable expertise in Databricks and Microsoft Azure (including Azure Data Factory, Databricks, and related services).
  • Strong programming skills in Python (and/or Pyspark, SQL), with experience in building and deploying machine learning models in production environments.

Essential Criteria:

  • Hands-on experience with NLP, RAG, and other advanced analytics techniques, ideally applied to financial or regulatory data.
  • Solid understanding of supervision, prudential regulation, and the data sets underpinning supervisory analytics.
  • Impressive communication skills, works well in teams, builds impactful relationships with partners, demonstrates persuasive abilities.

Desirable Criteria:

  • Verified experience in steering delivery sprints, creating CI/CD pipelines, and engaging in agile, multi-functional teams.
  • Familiarity with regulatory technology (RegTech) and supervisory technology (SupTech) trends.
  • Interest in financial markets, regulation, and continuous professional development (e.g., Azure certifications, databricks certifications).
  • Demonstrable experience of managing/mentoring junior staff.

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.
 
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.
 
This role closes on 31st October 2025
 

The Salary for this Leeds based role is £51,360 to £57,780. 

 
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.

Company

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 
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