About Our Client
The Bank of England was founded in 1694 to act as banker to the Government.
Today, our responsibilities are much broader.
The Bank of England:
- Provide ways to pay for things safely by producing banknotes for England and Wales that are hard to counterfeit, supervising payment services (e.g., Visa) and running core systems that allow people, businesses and banks to make large transfers (e.g., CHAPS).
- Keep prices low and stable by setting the main interest rate, which affects spending across the country and helps keep inflation (the rate at which prices rise) on or close to the Government's 2% target.
- Regulate major banks, building societies, credit unions, insurers and investment firms in the UK via our Prudential Regulation Authority.
- Stabilise the country's financial system by lending to other banks, providing liquidity support to financial institutions and ensuring failing banks exit the market in an orderly way without causing damage to the economy.
Job Description
Playing a central role in facilitating and brokering effective and inclusive partnerships throughout the programme. You will be responsible for building and maintaining strong relationships, collaborating effectively with a wide range of senior stakeholders and overseeing the development and management of high‑performing teams, guiding them through periods of change.
As Programme Director, you will be responsible for the programme, ensuring that the programme is architected and structured appropriately to ensure that the targeted business benefits associated with the Programme are realised.
You will act as a member of the Change Delivery Leadership Team and may have responsibility for developing communities of practice/profession leadership and line management as required to support the division.
Responsibilities
- Own the planning and execution of programme workstreams, developing high‑level plans and refining them with stakeholders to deliver early business value.
- Own senior stakeholders within the Bank, ensuring that all relationships/connections are identified and all stakeholders understand their role in the programmes success.
- Work with Senior Responsible Owners / Business Owners to develop Business Cases for investment programmes to realise the outcomes and benefits outlined in the Bank Strategy in an optimised and efficient way.
- Own the benefits framework for the programme once agreed by the Programme and Steering Group / Board.
- Provide strategic direction and monitor delivery, aligned with overall vision and objectives.
- Proactively convey and connect the wider business strategy to the programme team and promote the associated initiatives.
- Liaise with functional business owners to ensure high‑level design alignment and resource allocation.
- Establish governance structures ensuring that programme documentation, including process and procedures, plans, reports, registers, and lessons learned, is developed, signed off and actioned upon. Establish consolidated formal reporting arrangements on programme progress.
- Implement appropriate programme delivery approaches, including people, organisation, process, information and technology.
- Engage and manage vendors and third parties, negotiating clear statements of work and ensuring delivery against plans.
- Provide leadership within the programme and develop others to reach their full potential, providing task or people management as required. Create a high‑performing and inclusive team environment that encourages contribution and recognition. Act as a figurehead for the Programme with external stakeholders.
- Encourage problem solving, team working, risk sharing and continuous improvement with Business areas and Delivery teams.
- Hold accountability for the financial forecasting and programme budget management, ensuring that corrective actions are taken where required.
- Manage the risk profile and contingency across the Programme.
- Act as an initial escalation for issue resolution. Make decisions about relative priorities for the programme where this cannot be resolved by other methods.
The Successful Applicant
Essential Criteria
- Established track record of shaping and leading complex, high‑value, multi‑year programmes.
- Strong commercial, procurement and transformation experience at Programme Director level.
- Industry‑leading expert in the delivery of projects and programmes with experience working alongside executives to create the case for change at all levels of the organisation.
- Ability to take a strategic perspective and to plan strategically in an environment of uncertainty, complexity and with multiple dependencies and stakeholders.
- An established understanding and experience in a range of project and programme delivery standards and methodologies.
- Strong analytical, problem‑solving, collaboration and technical skills.
- Significant experience leading and managing teams in ambiguity in a highly matrixed environment.
- Evidence of extensive experience in managing senior stakeholders and managing a complex stakeholder landscape.
- Ability to collaborate effectively across organisational boundaries, build relationships, and import and export talent and ideas to achieve a broader organisational goal.
- Experience in the development of operating model design and technology solutions in meeting sustainable targets.
- Ability to drive organisational results in a complex and matrixed business environment.
- The ability to be agile with a broad stakeholder group, from scientists to large operations teams, as well as multiple external stakeholders.
- Experience in equivalent Programme Director roles.
- Significant subject matter experience in transformation, technology, finance, procurement and commercial.
- Project, Programme and Portfolio Management qualifications.
Skills
Planning and Organising
- Able to juggle priorities and can concentrate on several areas of work at one time.
- Can think ahead to establish an efficient and appropriate course of action for self and others.
- Prioritises and plans projects/programmes, taking into account the degree of uncertainty, resource availability and inter‑project dependencies to ensure delivery within the time, cost and quality constraints.
Leadership
- Demonstrates the ability to make things happen and is focused on the project/programme outcomes and delivery.
- Builds a climate of trust with project or programme teams and all other stakeholders.
- Ensures inter‑project issues, conflicts and dependencies are fully identified and appropriately resolved, escalating where required.
Stakeholder Management
- Experience of developing successful working relationships with a wide range of individuals and organisations, including contact at a senior/executive level.
- Recognises the importance of sharing and disseminating information and contacts.
- Takes care and time to maintain and develop existing relationships.
- Values individual differences.
- Has the ability to establish rapport quickly and effectively with new clients/people.
Influencing and Negotiating
- Proven negotiation skills.
- Ability to present sound and well‑reasoned arguments to convince others.
- Demonstrates the ability to draw from a range of influencing strategies to persuade people to achieve agreement or behavioural change.
- Listens to other points of view to gain understanding.
Strategic Thinking
- Demonstrates a good understanding of the strategic vision of the Bank and can correlate why the project/programme is required with the Bank's strategic direction.
- Keeps up‑to‑date with developments in the outside world and considers challenges in the wider context.
What's on Offer
- A competitive base salary range of £140,000 - £150,000 per annum.
- Permanent benefits package included. (Pension scheme, performance‑related annual bonus + bens)
- Hybrid working is in place.
- The role will be based in central London and the Debden, Essex office.
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