Lead Analyst, Technology Risk

Bank of England; Leeds; Hybrid; GBP 49,000 - 56,000; Full time

Job summary

A leading financial institution in the UK is seeking a Lead Analyst to manage technology operational risks. This full-time role involves analyzing data, conducting audits, and providing consultancy across various functions. The ideal candidate has a strong background in risk management, excellent analytical skills, and the ability to communicate effectively. The position offers a competitive salary and flexible working arrangements between Leeds and London.

Benefits

Non-contributory pension plan

Discretionary performance award

26 days annual leave

Private medical insurance

Qualifications

• Experience in managing technology operational risks across the full lifecycle.
• Strong IT operational analysis and solution definition skills.
• Analytical with strong attention to detail.

Responsibilities

• Manage an organization’s technology operational risks for the full IT delivery life cycle.
• Conduct technical audits and provide risk management consultancy.
• Analyse multiple data sources to identify and respond to risks.

Skills

Technical operational risk management

Analytical skills

Excellent communication skills

Stakeholder management

Team collaboration

ITIL service delivery

Education

Certifications (e.g. COBIT, TOGAF, CISA)

Tools

GRC tools (e.g. RSA Archer)

Job description

Lead Analyst, Technology Risk in Technology Office of the Chief Information Officer (OCIO) – Scale FPermanent, full‑time

Location: Leeds or London | Salary: Leeds £49,360 – £55,530 / London £54,800 – £61,650

Flexible Working Options

• Flexible start and finish times to support school runs and other appointments.
• 50% in‑office attendance that can be spread across the month.
• Working from abroad for short periods, subject to approval and policy.

Opportunities in Leeds

Leeds offers a modern, accessible office in the city centre with a supportive, flexible working environment. Most roles, including this one, are based in Leeds, providing a meaningful career outside London while collaborating with London‑based colleagues in a hybrid model.

A Day in the Role

Morning meetings review operational issues and risk updates, followed by discussions on new projects and audit progress. Key risk contact meetings are held with Local Risk Control Officers. Lunch may be enjoyed in the in‑house catering facilities. Afternoon tasks include business risk committee meetings, risk governance reporting, and one‑to‑one discussions with technology teams on new initiatives. Continuous learning through the bank’s comprehensive training facility is also part of the role.

Role Requirements

The role focuses on technical operational service provision and covers the full scope of risk considerations, including skills, resources, finance, and process. You will bring technical understanding, confidence to challenge practices, and a textbook knowledge of industry best practices and frameworks for technology risk management.

Responsibilities

• Manage an organisation’s technology operational risks for the full IT delivery life cycle.
• Apply operational risk principles, controls, processes, terminology, and industry frameworks.
• Build and maintain effective working relationships, providing challenge where appropriate.
• Conduct technical audits, including requirements, evidence presentation, management responses, and closure.
• Provide risk management consultancy to different functions within the Technology department.
• Translate technical risk into business risk impacts and vice‑versa.
• Identify risk management requirements for new and evolving ways of working, such as cloud‑based services, Agile, and AI tools.
• Analyse multiple data sources to identify and respond to risks.
• Assist in the identification of appropriate technical risk mitigation requirements.
• Maintain a directorate‑level viewpoint to ensure risk and audit interests of the Executive Director of Technology / CIO are fulfilled.
• Prioritise competing tasks, escalating where necessary.
• Apply ITIL‑based service delivery and operations procedures.
• Co‑ordinate the creation of structured documentation and reports, ensuring quality assurance of peers’ work.
• Coach and mentor colleagues such as local risk representatives.

Qualifications

• Experience in managing organisational technology operational risks across the full lifecycle.
• Expert understanding of operational risk principles, controls, processes and relevant frameworks.
• Strong IT operational analysis and solution definition skills.
• Analytical with strong attention to detail and ability to analyse data sources.
• Excellent communication skills, written and oral, adaptable to the audience.
• Methodical, proactive, tenacious, resourceful, flexible with enthusiasm in changing environments.
• Good stakeholder, interpersonal and influencing skills.
• Team player with diligent documentation and reporting practices.
• Experience in ITIL‑based service delivery and operations.

Desirable Criteria

• Certifications such as COBIT, TOGAF, CRISC, CISA.
• Knowledge of GRC tools (e.g., RSA Archer).
• Comprehensive experience in IT services provision and support.
• Project management understanding or certification.
• Business case construction and financial management experience.

Benefits

• Non‑contributory, career‑average pension – 1/80th of annual salary per year worked (options to adjust).
• Discretionary performance award.
• 8% benefits allowance – option to take as salary or purchase a range of flexible benefits.
• 26 days annual leave, with the option to buy up to 12 additional days.
• Private medical insurance and income protection.

We value diversity, equity and inclusion. The Bank of England is committed to creating an inclusive workforce and welcomes applications from all backgrounds, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We support flexible working arrangements, job shares and part‑time patterns where suitable.

National Security Vetting Process applies.