Central Services
The Central Services Division includes a range of support functions that underpin the Bank’s activities and help to maintain our reputation. These include IT, HR, business continuity, the Governors’ private offices, and legal services.
Business Continuity Division (BCD)
The specialist area that manages the Bank’s business continuity arrangements, and its ability to respond to a major operational disruption. We oversee the Bank’s standby facilities and recovery sites, enhancing resilience wherever possible. We also oversee the resilience of the financial sector, which involves close liaison with the other Tripartite Authorities (HM Treasury and the Financial Services Authority).
Human Resources
HR plays a pivotal role at the Bank, by implementing the strategy for recruiting, developing and retaining the talented people needed to deliver against our objectives.
Core to our success is ensuring the Bank has best-practice policies in place across a wide range of areas – including recruitment and development strategies, reward structures, diversity strategies, flexible working arrangements and talent management. We also provide the business with a responsive service and wide-ranging advice across the whole spectrum of HR issues.
We are looking to recruit a graduate entrant to work within HR. The focus of this role would be on data analysis and the provision of high quality management information. However, there will also be an opportunity to work in all areas of HR.
Applicants for the HR role should apply via the First Degree All Discipline route and express an interest in the HR role in the application form. Applications from all degree disciplines will be considered, but modules with a business/management focus would be beneficial.
Legal Unit
The Bank’s Legal Department advises and supports the Bank on a wide range of UK and international issues. The Department is engaged in advisory and transactional work covering areas such as current and prospective UK and EC legislation, financial stability issues, financial market operations, payment systems, banknotes, legal risk management and issues arising from the Bank’s public role.
Public Communications and Information Division
Public Communications and Information Division (PCID) manages the Bank’s public and media communications and its work to build public understanding of the Bank’s role and functions. PCID encompasses a number of teams each focusing on a specific aspect of the Division’s role: press office, the Bank’s website, public enquiries (including Freedom of Information and Data Protection), educational initiatives for schools and colleges, and the Bank’s museum. The Division also delivers the Bank’s community relations programme and is responsible for the Bank’s internal news communication to staff.
PCID also delivers aspects of the Bank’s governance arrangements. It manages the administrative processes for Court (the Bank’s board) and its committees, and oversees staff policies and processes designed to protect the Bank’s reputation for probity and impartiality.
Security Division
The Bank of England’s reputation for excellence and good governance is of great importance to us. Security is one aspect of our activities that can have a very positive impact on our standing in the world.
Whether it is the security of our people, our assets, our buildings, our IT infrastructure, our information or our processes and procedures, it is essential that we adopt best practice. Increasingly, this is shaped by a comprehensive understanding of potential threats, careful analysis of the attendant risks and clearly defined protective policies.