Bank of England

The Bank of England is the UK’s central bank. Each of our 5,000 plus people is committed to public service and dedicated to our mission of promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

The People Directorate plays a pivotal role in attracting, developing and retaining the diverse talent we need to deliver against the Bank’s mission; to create an environment, which is human, humble and in step with the changing world; and to build a diverse and inclusive Bank. The People Directorate provides strategic leadership and advisory and operational services in support of the Bank’s people agenda and sits within the Central Services Deputy Governorship.

We are now looking for exceptional candidates to join the People Directorate as Head of Reward. This is an exciting opportunity which is part of a major strategic change programme to maintain a modern and professional provision of our Central Services – CS 2025. It is also set against a challenging context where internal (e.g. reward satisfaction, UK strategy, changing skills requirements, diversity, equity and inclusion goals) and external (e.g. pay transparency, pay reporting, legal changes) drivers require the Bank to improve the effectiveness of its compensation frameworks.

Candidates will have strong experience of driving and embedding strategic and/or cultural change across organisations; and of leading diverse teams through organisational change. They will have excellent analytical skills and the ability to demonstrate creative problem solving and influencing through analysis.

The successful candidate will have experience of building productive relationships with and influencing multiple stakeholders both internally and externally up to board level (including Remuneration Committees) and with unions / staff representatives.

Saxton Bampfylde Ltd is acting as an employment agency advisor to the Bank of England on this appointment. For further information about the role, including details about how to apply, please visit www.saxbam.com/appointments using reference GANAAE. Alternatively, telephone +44 (0)20 7227 0880 (during office hours). Applications should be received by noon on Thursday 1 February 2024.