DLT Solution Architect (permanent)

Bank of England, Leeds

DLT Solution Architect (permanent)

Salary not available. View on company website.

Bank of England, Leeds

  • Full time
  • Permanent
  • Onsite working

Posted today, 21 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 92e93b5d89ee45e99a96ad217c6f80bb

Full Job Description

The bank has been developing a "DLT Lab," which builds the capabilities and mechanisms to increase our technology expertise and to enhance our ways of working with DLT providers. In particular, it:

  • Leads exploratory technology research, through a set of visible practical technology experiments with fintech's, financial institutions and technology vendors.
  • Performs theoretical and practical analysis of the potential use cases, risks and benefits of DLT and blockchain.
  • Collaborates domestically and internationally through engagement with industry and other central banks.
  • Research and experiments to further understand the technology design choices and impacts for different DLT implementations.
  • We are looking for a Solution Architect that can use their domain expertise to help us further our understanding of DLT, acting as a passionate and inquisitive leader for this exciting next phase of research. As part of a small team of technology specialists you will perform a highly adaptive role that will provide the flexibility to make it your own. You will be responsible for guiding future research into DLT and ensuring that high quality outputs are produced as a result of our research. This may be through hands-on technical experimentation or more conceptual research in collaboration with internal and external technologists. The successful applicant will be the technical lead on key technology choices for experimentation and will be expected to use documentation and specifications to ensure that your technical vision for specific experiments comes to fruition. We will encourage the successful applicant to design, build and manage our technical work on DLT, providing the autonomy and freedom to be creative and adventurous. While the role will be as a de-facto solution architect, there will be opportunities to do some programming to help build proof of concepts and prototypes. The role will also involve collaborating with colleagues on the regulatory, policy and economic impacts of different technology choices. You may also perform a mentoring role for more junior technologists, using your technical experience to support the expansion of DLT knowledge in the Bank.

  • Deep understanding of the DLT/blockchain ecosystem and hands-on experience of developing solutions and applications with one or more DLT platforms.
  • Minimum BSc degree in Computer Science, Engineering, Mathematics or a related subject, or equivalent qualification / professional technology experience.
  • Interest in DeFi, Web 3, digital assets, CBDC and the future of money.
  • Experience of working as the conduit between business and technology functions, demonstrating excellent written and oral communication skills to assure a clear translation of business requirements into functional outcomes, and can articulate complicated technology concepts to non-technical colleagues
  • Proven interpersonal skills and a collaborative working style
  • Demonstrable experience of working on sophisticated pieces of work with minimal direction
  • Comfortable recommending solutions to specific problems, and explain and justify design choices, especially when multiple options are available. Understanding when, and when not, distributed ledger technology would be an appropriate solution for to address various requirements.
  • Broad exposure to software development projects within a financial or regulatory environment.
  • Desirable Criteria
  • Sound understanding of financial and, in particular, central bank infrastructure.
  • Experience in broader areas such as API development, cryptography, data science or internet of things.
  • Awareness and interest in trends across wider technology e.g. fintech, RegTech, cloud, data

    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 salary of Leeds £70,510 to £81,360 and London £78,310 to £90,360. In addition, we also offer a comprehensive benefits package as detailed
  • below:
  • A non-contributory, career average pension giving you a guaranteed retirement benefit of 1/95th of your annual salary for every year worked. There is the option to increase your pension (to 1/50th) or decrease (to 1/120th) in exchange for salary through our flexible benefits programme each year.
  • A discretionary performance award based on a current award pool.
  • A 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.