Market Operations Analyst in MO EDM Support Team

Bank of England; Leeds, London; Hybrid; GBP 36,000 - 41,000; Full time

Job summary

Join a forward-thinking institution where you'll leverage your technical expertise as a Markit EDM developer. This role within a dynamic team offers the chance to engage with business areas directly, enhancing your skills while contributing to impactful projects. You'll be part of a collaborative environment that values innovation and continuous learning, with a strong focus on delivering quality business solutions. This is an exciting opportunity to grow your career while supporting the mission of promoting financial stability in the UK. If you're ready to make a difference, this role is perfect for you.

Benefits

Non-contributory pension

Discretionary performance award

8% benefits allowance

26 days annual leave

Private medical insurance

Income protection

Qualifications

• Experience in Markit EDM development and SQL Server proficiency required.
• Strong problem-solving and analytical skills essential for success.

Responsibilities

• Develop and deliver quality business solutions using Markit EDM.
• Support all aspects of the data lifecycle in an agile environment.

Skills

Markit EDM

SQL

Business Analysis

Problem Solving

Analytical Skills

Tools

JIRA

Confluence

GIT

Azure DevOps

Control-M

Powershell

Job description

Department Overview

At the Bank of England, we are seeking to attract and employ the best people by encouraging applications from candidates who reflect the diverse nature of the society we serve.

Be part of a Technology Monetary Policy (MP) & Financial Stability (FS) CIO Division whose platforms and products enable a digital and agile Bank for all, achieved with a diverse and talented division of technology professionals. Our divisional values represent the culture we drive:

• Responsive and Agile
• Collaborative and Connect
• Automation, Automation, Automation
• Rapidly Experimenting
• Continuously Learning

Enjoy flexible working opportunities, a close community, genuine care for personal well-being, and a collective mission to promote the good of the people of the UK.

Systems & Solutions (SaS) is the domain within the Technology MP & FS CIO Division that develops, supports and maintains the data systems that are used across the Bank of England. Our core function is to analyse, design, develop and successfully deliver quality, robust business solutions. We are responsible for services that support the identification, extraction, analysis and presentation of business data to provide historical, current and predictive views of business operations.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Job Description

We are seeking a Markit (S&P) EDM developer to join our MDM Product team. This is also a unique opportunity for the successful candidate to work with the business area who use the system on a day-to-day basis. We hope that combining your technical skills and developing business area knowledge will enhance change delivery.

Utilise your technical skills and expertise to play a key role in the team’s activities that include all phases of the software development lifecycle. You will work on multiple work-streams and be able to act independently, making decisions, applying analytical judgement and being an active member of the team.

We adopt a DevOps mind-set, and are responsible for the operation of the applications we deliver. Influence the testing and implementation of these components and provide post implementation support. Contribute to technical discussions, influence ways of working, share knowledge and provide technical mentorship to other team members.

This is a fantastic opportunity to join a dynamic, high profile domain that offers a great platform to develop your skills and career.

Role Requirements

How you will make a difference

• Be part of a robust team, forming strong and impactful relationships
• Demonstrate sound judgement, problem-solving and good analytical skills. Have the ability to handle and analyse a wide range of internal and external sources of information
• Support all aspects of the data lifecycle, operating in an agile way of working
• Quality, on time delivery of agreed deliverables
• Flexible in working under changing and different work settings
• Inputting into non-functional requirements (security, performance, capacity)
• Provide technical input and support when engaging with other domains, teams and leads
• Ability to communicate issues, status, and progress on assigned tasks to invested individuals (e.g., Product Lead, Delivery Management, Product Owner etc)
• Stay up-to-date on trends and techniques being used in the industry through research, and apply this knowledge to systems being developed
• Champion and contribute to the continuous improvement of knowledge base, development processes, methods and standards
• Good interpersonal skills with an ability to interpret and present information to a variety of recipients using suitable modes of communication
• Take ownership in reviewing work as well as participating in colleague reviews
• Continually test your programs, correcting errors to maximise quality
• Coach and mentor others - sharing knowledge/experience when appropriate
• Have a positive ‘can-do’ attitude
• Identify areas of optimisations
• Invest time in professional and personal development

What we are looking for

Minimum Criteria

• Experience with developing in Markit EDM (version 11.5 upwards)
• Proficiency in SQL and the use of SQL Server
• Experience of tools supporting the development and version control process, for example JIRA/Confluence, GIT, Azure DevOps – e.g. release pipelines, automation etc
• Experience of Business Analysis skills in converting business requirements into technical solutions
• Problem solving techniques, debugging scripts and writing stored procedures

Essential Criteria

• Understanding of Markit EDM and Extract, Transform, and Load (ETL) development concepts
• Understanding of Markit EDM Matcher, Load and Export, EDM UI
• Experience creating user interfaces and error validation routines in Markit EDM
• Understanding of batch scheduling system usage and implementation concepts
• Understanding of MSBI stack – SSIS, SSRS, SSAS
• A dedication to continuously learn new skills and apply this in relation to design, development, test and support activities
• A team member who takes pride in the work they deliver and their contribution to the team

Desirable Criteria

• Experience of using Control-M tool
• Experience of using Powershell (scripting languages)
• Familiarity with data warehouse design and usage
• Understanding of data modelling and logical / physical database design
• Understanding of financial instruments, particularly Fixed Income Bonds

Our Approach to Inclusion

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.

This role offers a salary of:

Leeds from £36,000 - £40,500 (depending on skills & experience)

London from £40,000 -£45,000 (depending on skills & experience)

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.

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 up to two stages.

This role closes for applications on Tues 6th May 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.