Technology Lead Business Planning Manager en Bank of England

Location: Leeds 

Job Description 

This role is a very exciting opportunity for a strategic problem solver with strong financial competence and an expert understanding of technology! You’ll help shape how the Bank plans and invests in technology by building a new capability that links financial transparency with strategic planning.

Flexible Working Options

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

• 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
• Compressed hours (subject to approval and policy within the team noting the team doesn’t operate in this capacity at present)
• Working from abroad policy (subject to approval and policy within the team)

A Day in the Role

Your day might begin with a stand-up meeting with the Office of the CIO team lead and a key stakeholders, where you’ll share updates on budgeting, planning, and any barriers to overcome. You’ll then dive into the show back model, reviewing cost pools and allocation rules with service owners and finance colleagues. You might spend time refining reporting structures or producing analytics that reveal how technology spend is delivering value across the Bank.

Mid-morning could involve a meeting with Central Services or DGCIO leaders to align on strategic priorities and ensure financial oversight supports business planning. You’ll help coordinate planning cycles, ensuring operational plans and financial resources are aligned with the Bank’s strategic objectives.

After lunch, you might prepare dashboards for senior leadership, highlighting insights into budget performance and recommending corrective actions. You’ll also monitor variances and work with Finance to ensure accurate forecasting and cost control.

In the afternoon, you may collaborate with Change & Planning colleagues to assess the run cost implications of upcoming programmes. You’ll also engage with stakeholders across Technology and policy areas to champion financial literacy and value-based investment, helping drive prioritisation and continuous improvement!

Throughout the day, you’ll be a key liaison between Technology, Finance, and Business Divisions bringing transparency, accountability, and strategic alignment. 

Role Requirements

Do you have experience in financial planning within a technology environment, or are you keen to develop your expertise in strategic cost modelling? If so, this role offers the opportunity to work with senior collaborators, translating complex financial data into actionable insights.

Minimum Criteria

We’re looking for someone who has:

• Demonstrable experience in budget management and experience with financial planning of Technology budgets £20m+ pa
• Significant and ongoing experience and understanding in business operations within a technology and financial services environment.
• Ability to convey complex financial information in a manner which is easily consumed by a range of senior stakeholders.
• Solid understanding of Technology Business Management frameworks and show back/chargeback models.
• Significant understanding of cost controls within a Technology organisation.
• Validated capabilities in delivering technology business plans over a multiyear period which align to business priorities.
• Excellent analytical, scenario modelling (cost) and data manipulation experience to take unstructured data and provide clear decision-making recommendations to senior management. 
• Proficiency in financial tools and reporting platforms (Power BI, Apptio, Excel etc).

Further Additional Essential Criteria:

• Excellent collaboration skills, bringing together the needs and requirements from Bank business customers, with the technology cost to set strategic direction.
• Ability to develop and improve a more focused cost culture within Technology.
• Experience in strategic planning and governance within a complex organizational structure.
• Demonstrate multi-functional collaboration in order to drive and deliver business plans.

Desirable Criteria

It would also be beneficial, but not necessary, to have some of the following:

• TBM certification or experience with Apptio or similar platforms.
• Professional qualification in finance, accounting, or business management (e.g., CIMA, ACCA, MBA).
• Familiarity with public sector or central banking environments and services.
• Familiar with ITIL and certified at a foundational level; familiar with other such methodologies including Prince2 and Agile.
• Experience of business case creation, management and delivery which demonstrates new ways of thinking.

Don't hesitate to apply if you don't meet all the essential criteria. We value diverse perspectives and believe that different backgrounds can contribute to our team's success.

How This Role Fits into the Wider Bank

This role sits within the Office of the CIO, a strategic function that supports Technology leadership in delivering cross-cutting capabilities. You will help the Bank update its financial governance methods and technology investment strategies to align with organisational objectives and add customer value.

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.

We offer a salary as follows:

Leeds circa £62,640 - £70,470

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 1 October 2025. 

The assessment process will comprise of two interview stages.  

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.