Research Assistant in Financial Statistics Group

We are recruiting for a Research Assistant to work in the Securities Team within DSD to help produce securities statistics that receive attention both within the Bank and externally. The primary responsibility of the role holder is collecting and quality assuring the granular securities data received by the team. The Securities Team's Research Assistant will work as part of the team to compile aggregate series for distribution both internally and externally. The role holder will strive to improve the efficiency of data processes across the team. They will also find opportunities to learn and develop skills in analytical tools such as R (as well as other coding packages/tools) should that interest them. The successful candidate will be proactive and have an inquisitive mind to accurately understand movements in the data in order to respond to queries from internal and external users. As the role is part of a team, good interpersonal and team working skills are required, as well the ability to communicate effectively. The main responsibilities of this role are, but not limited to:

• Collaborating with team members on all aspects of the monthly and quarterly securities data rounds
• Run existing data production processes to collect, quality assure, and compile data to a high standard
• Active participation in regular meetings to update on the progression of monthly processing round
• Leading monthly communications with external data providers to ensure receipt of high-quality data
• Contributing to users' understanding of trends in our data, for example contributing to monthly press office briefings, statistical releases, and internal presentations to Monetary Analysis area of the Bank
• Working with colleagues to identify new ways to develop and improve current data processes, 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. This role closes on Monday 4 November. 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.


• Good analytical and numeracy skills
• A team player, willing to help others to achieve results, with the ability to work using your own initiative
• Ability to escalate issues when appropriate
• Strong IT skills, at a minimum to include Excel, Word, and PowerPoint
• Good interpersonal skills
• Effective workload and time management skills
• Attention to detail and active listening are key skills
• Ability to work independently as your experience and knowledge develops
Desirable Criteria
• Experience/knowledge of programming (such as R or Python) and advanced data manipulation techniques with an ability to understand their practical application in numerical analysis and data compilation would be desirable.
  
  The Data and Analytics Transformation Directorate (DAT) helps the Bank make the best use of data and analytics to fulfil its mission. Almost everything the Bank does depends on data and analytics. The Bank is prioritising investment to modernise how we manage our data and carry out our analytical processes. DAT comprises four divisions: Advanced Analytics Division; Data Strategy and Implementation Division; Data Transformation Programmes Division; and the Data and Statistics Division.
The Data and Statistics Division (DSD) is the Bank's centre of expertise for collection, compilation, dissemination, and publication of regulatory and statistical data, promoting innovation and quality to support analysis, policy and decision making by the Bank's Committees, UK government departments and international organisations. Data are collected from banks and buildings societies, credit unions, insurance companies, and regulated mortgage lenders and administrators. This takes place via nearly 40 statistical collections and over 200 regulatory collections. We cleanse a sizeable proportion of these datasets and publish a large volume of statistical data via our interactive database. We support the Bank's policy committees and the Prudential Regulation Authority Board and our data are used in the Inflation Report, Financial Stability Report, Credit Conditions Review, Stress Test Results, FPC Core Indicators, and Quarterly Bulletin., 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.

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 circa: London ranging from £26,960 - £30,330.Leeds ranging from £24,240 - £27,270.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. 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.
• 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.
National Security Vetting Process