LEAD BUSINESS ANALYST

The Bank of England, in partnership with Inspire People, is seeking a Lead Business Analyst with strong data expertise, including master data management, data models and data flows. Working alongside the Data Architect, you will lead requirements for complex, data-driven programmes, translating business needs into well-governed, scalable solutions. Competitive salary of £64,480 - £72,540 plus full benefits, incl. an additional 8% flexible cash benefits allowance, discretionary annual bonus and non-contributory pension.

Lead BAs enable the organisation to achieve its objectives by driving technology change initiatives. Working as part of cross-functional teams and partnering closely with business stakeholders, Lead BAs lead analysis activities, elicit, validate and manage requirements, and create a shared understanding to ensure successful delivery of complex change initiatives. You will also lead and mentor Business Analysts, promoting best practice and consistency across teams.

About Role
You will join the Data Tower, supporting enterprise data initiatives that underpin how the Bank manages and uses critical data across its systems. The role focuses on Master Data Management (MDM) and will involve working closely with data architects and delivery teams to understand existing data structures, define business rules and support the migration to a new MDM platform. You will help bridge business and technical teams, ensuring data requirements, models and transitions are clearly defined to support the Bank’s evolving data architecture.

Minimum Criteria

• Strong Business Analysis experience delivering complex technology or data programmes.

• Experience working on enterprise data initiatives such as Master Data Management or data platform change.

• Strong understanding of data concepts, including data flows, structures, lineage and business rules.

• Experience supporting data migration or large-scale data platform transformation.

• Ability to work closely with data architects and technical teams to define and document requirements.

• Strong stakeholder engagement and communication skills across business and technology teams.
  
  

Essential Criteria
• Demonstrated experience working as a Senior or Lead Business Analyst on projects or programmes, with accountability for shaping analysis strategy and managing complex business requirements.
• Ability to lead and inspire a team of Business Analysts, ensuring delivery of high-quality analysis artefacts such as process maps, user stories, and acceptance criteria by setting clear direction and priorities.
• Proven experience in driving stakeholder engagement and influencing decisions, including facilitating workshops and managing competing priorities.
• Strong communication and leadership skills, able to engage effectively with technical and non-technical stakeholders at all levels.
• Proficiency in applying standard business analysis tools and methods (e.g., process modelling, gap analysis) and promoting best practice across teams.
• Solid knowledge of project delivery and product management approaches (Agile and/or Waterfall), with experience guiding teams in their application.
• Proficiency in Microsoft Office tools (Word, Excel, PowerPoint) for documentation and reporting


Desirable Criteria
It would also be beneficial, but not necessary, to have some of the following:

• Experience in shaping business analysis frameworks and standards, contributing to organisational capability and continuous improvement.
• Awareness of business architecture principles and enterprise frameworks, with the ability to align analysis to business architecture artefacts and strategic objectives.
• Experience in data management, including data journeys, analysis, integration, and migration.
• Understanding of benefits realisation, business case development, and value tracking for change initiatives.
• Exposure to supporting scaled Agile methodologies within Waterfall environments.
• Certification in recognised delivery methods such as Agile or DevOps.
• Understanding of product and project management practices, including resource and time management.
• Experience in vendor and third-party engagement, ensuring alignment with business and technical requirements.
• Operating at the following SFIA 6 skill levels

Benefits
In addition to the base salary of £64,480 - £72,540 you can expect a planned, transparent progression with learning and development tailored to your role, and a culture encouraging inclusion and diversity, plus the following benefits:

• 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.
• An annual discretionary performance award based on a current award pool (10%-25%)
• An 8% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits.
• 25 days annual leave with option to buy up to 13 additional days through flexible benefits.
• Private medical insurance and income protection.
• Dental cover
• Interest-free season ticket loan

The Bank takes pride in its people, with backgrounds and experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a strong sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.

For more information, please contact Andrew Medhurst or Zymante Gintalaite (Zee) at Inspire People, who are engaged on an exclusive basis by the Bank of England, or apply now.