The Security Division within the Bank mitigates risks that the Bank's property, infrastructure, services or assets are unlawfully damaged, stolen or disrupted. It also mitigates the risk of harm to personnel inside and outside of Bank's premises including vetting, travel advice and support, and threat management.
Reporting to the Senior Security Manager for Security Advisory Services, this position will lead the development and execution of the Division's risk regime and post-incident analysis across the Security Division, in line with the Bank's risk framework. This is an interesting, busy, and demanding role, with the job holder expected to think on their feet and work dynamically as well as systematically.
In line with all roles at the Bank, applicants will be subject to a screening and vetting process.
Key Responsibilities
Develop and maintain the divisional security risk assessment framework, working closely with other security functions to ensure consistency and effectiveness in how the framework is applied. Ensure timely completion of risk assessments and that key controls are regularly reviewed and assured. Collaborate with the Bank's Second Line of Defence to define material risk categories and consolidate First Line security risks, enabling clear communication of the division's overall risk posture to risk owners and risk committees.
Prepare and deliver quarterly security risk reports to the Second Line of Defence, highlighting key trends, issues and mitigation progress.
Lead post-incident investigations of security events, ensuring lessons are captured and improvements are implemented.
Support strategic initiatives in partnership with the Senior Security Manager - Security Advisory Services, contributing risk insight and subject matter expertise.
Provide advice and support to team members across the Security Division on risk management practices.
Offer expert security risk advice to business units, and support project teams and change managers across the portfolio.
Essential Criteria
Experience in security risk management and knowledge of related security industry standards and best practices.
Security Qualifications, either academic or vocational, such as CPP, CSyP,PSP, or relevant experience.
Strong analytical and problem-solving skills.
Excellent stakeholder management and engagement abilities.
Desirable Criteria
Extensive experience in at least one of the following: Security operations, personnel security, operational security.
Proven track record in performance management and strategic planning.
Bank Behaviours
In addition to the role requirements outlined above, the holder of this role is expected to act and behave in line with the Bank of England behaviours:
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.
The salary for this role is, London, 48,960 - 55,080.
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.
The assessment process will comprise of two interview stages.
This role closes on 24 July 2025.
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.
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