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.

Minimum Criteria

• Data focused with experience in data concepts,including Master Data Management, data models and date flows.

• 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.

Essential Criteria

We are interested in hearing from candidates who have the following capabilities:

• Educated to degree level and/or holding a recognised Business Analysis qualification (e.g., BCS BA Diploma, IIBA CBAP) or equivalent experience.

• Proven track record as a Lead Business Analyst on complex, high-impact projects or programmes, ideally within financial or regulatory environments.

• Strong experience across the full software development lifecycle, with practical knowledge of both Agile and Waterfall methodologies.

• Ability to define and drive the business analysis strategy, ensuring alignment with organisational objectives and programme goals.

• Skilled in leading and mentoring Business Analysts, promoting best practice and consistency across teams.

• Expertise in stakeholder engagement at senior levels, influencing decisions and managing competing priorities effectively.

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.