Job Description
Job description
Department Overview
Markets, Banking, Payments and Resolution “MBPR” is one of four Deputy Governorships in the Bank and plays a critical role in the Bank’s mission to promote monetary policy and financial stability. It leads the Bank’s sterling market operations, runs the UK’s high value payments system, manages the UK’s foreign exchange reserves on behalf of HM Treasury, and acts as the ‘bank’ within the Bank of England. It uses its presence, expertise and influence in financial markets to inform and shape the Bank’s policy decisions and priorities and is home to the FinTech Hub to prepare the Bank for developments in financial technology. It is responsible for both the execution of resolutions when necessary and developing policy to make banks more resolvable both within the UK and internationally and to implement the resolution part of the post financial crisis agenda.
The newly formed Strategic Change & Operations (SCO) directorate is central to the success of MBPR. With around 120 staff, it works to devise and implement the operational strategy of the area and takes the lead on cross-divisional issues relating to: operational resilience; change delivery; business planning and oversight; challenge and mitigation of operational risk; people strategy including promoting diversity and inclusion; management and control of end-to-end business process and data flows in relation to market operations.
Job description
SCO Change Delivery are looking for a Scale H Senior Test Analyst to deliver change across a number of high profile M&B Projects and systems such as T24, FCRM and ISO2026 Swift messages.
The primary focus is to analyse change requirements documentation, implement and at times lead high quality and rigorous testing for Markets and Banking systems, and support the Test Leads with producing key test documentation. Providing challenge, both within the team and to stakeholders, on their requirements will also play a part. The successful candidate will need to use their analytical skills to review testing documentation in order to provide input to the overall test plan which is circulated to a wide audience across Markets, Banking and Technology.
This role offers good exposure within Markets and Banking, and requires a mix of skills from ensuring correct governance is followed to overseeing safe implementation of change to our critical systems, strong testing experience and an ability to mentor and coach more junior members of the team.
Role Requirements
• Review and analyse requirements documentation to identify scope, produce estimates, with support from Test Analysts. Produce test conditions and scripts and circulate to stakeholders for sign-off.
• Complete and run the test functions across UAT Services and coordinate the defect management process. Track issues with business areas and Technology to ensure resolution is acceptable and received in a timely manner. Produce daily progress reports and raise any potential delays / issues to the Test Leads.
• Engage with business stakeholders when initially scoping out change. Especially around more complex changes, to understand the requirements and allow for informed detailed estimates to be produced. These form a key part of the UAT plans.
• Support the team, in particular by coaching and mentoring the Test Analysts (Scale I) to allow them to develop skills and knowledge of Markets and Banking systems and processes. Support a ‘buddy’ system for new members of the team.
• Support the Test Leads in producing test documentation (UAT plans,) and work with the team day-to-day to ensure these are followed, by both the Test Analysts and any relevant business stakeholders.
Essential Criteria
• Has in depth knowledge and understanding of how MBPR systems work and hang together in the test environment landscape
• Understands and has experience of UAT best practices and the Software Testing Lifecycle
• Able to identify system and project contentions and ways they can be mitigated
• Effective organisation skills with the ability to multi-task, prioritise and escalate when needed
• Be able to work proactively and with minimal guidance
• Attention to detail
• Is credible and has the confidence to represent the team in meetings
Desirable Criteria
While the below skills are not crucial, having one or more of them would be beneficial:
• An understanding of or experience in user acceptance testing.
• Experience or knowledge of working with T24, FCRM and ISO2026 Swift messages.
As part of pooled recruitment, applications may also be considered for the Scale I Test Analyst role.
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, ****** 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 circa £32,000-£35,000. 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/+5th 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 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 two interview stages.
This role closes on Tues 24th September 2026.
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.
Department Overview
Markets, Banking, Payments and Resolution “MBPR” is one of four Deputy Governorships in the Bank and plays a critical role in the Bank’s mission to promote monetary policy and financial stability. It leads the Bank’s sterling market operations, runs the UK’s high value payments system, manages the UK’s foreign exchange reserves on behalf of HM Treasury, and acts as the ‘bank’ within the Bank of England. It uses its presence, expertise and influence in financial markets to inform and shape the Bank’s policy decisions and priorities and is home to the FinTech Hub to prepare the Bank for developments in financial technology. It is responsible for both the execution of resolutions when necessary and developing policy to make banks more resolvable both within the UK and internationally and to implement the resolution part of the post financial crisis agenda.
The newly formed Strategic Change & Operations (SCO) directorate is central to the success of MBPR. With around 120 staff, it works to devise and implement the operational strategy of the area and takes the lead on cross-divisional issues relating to: operational resilience; change delivery; business planning and oversight; challenge and mitigation of operational risk; people strategy including promoting diversity and inclusion; management and control of end-to-end business process and data flows in relation to market operations.
Job description
SCO Change Delivery are looking for a Scale H Senior Test Analyst to deliver change across a number of high profile M&B Projects and systems such as T24, FCRM and ISO2026 Swift messages.
The primary focus is to analyse change requirements documentation, implement and at times lead high quality and rigorous testing for Markets and Banking systems, and support the Test Leads with producing key test documentation. Providing challenge, both within the team and to stakeholders, on their requirements will also play a part. The successful candidate will need to use their analytical skills to review testing documentation in order to provide input to the overall test plan which is circulated to a wide audience across Markets, Banking and Technology.
This role offers good exposure within Markets and Banking, and requires a mix of skills from ensuring correct governance is followed to overseeing safe implementation of change to our critical systems, strong testing experience and an ability to mentor and coach more junior members of the team.
Role Requirements
• Review and analyse requirements documentation to identify scope, produce estimates, with support from Test Analysts. Produce test conditions and scripts and circulate to stakeholders for sign-off.
• Complete and run the test functions across UAT Services and coordinate the defect management process. Track issues with business areas and Technology to ensure resolution is acceptable and received in a timely manner. Produce daily progress reports and raise any potential delays / issues to the Test Leads.
• Engage with business stakeholders when initially scoping out change. Especially around more complex changes, to understand the requirements and allow for informed detailed estimates to be produced. These form a key part of the UAT plans.
• Support the team, in particular by coaching and mentoring the Test Analysts (Scale I) to allow them to develop skills and knowledge of Markets and Banking systems and processes. Support a ‘buddy’ system for new members of the team.
• Support the Test Leads in producing test documentation (UAT plans,) and work with the team day-to-day to ensure these are followed, by both the Test Analysts and any relevant business stakeholders.
Essential Criteria
• Has in depth knowledge and understanding of how MBPR systems work and hang together in the test environment landscape
• Understands and has experience of UAT best practices and the Software Testing Lifecycle
• Able to identify system and project contentions and ways they can be mitigated
• Effective organisation skills with the ability to multi-task, prioritise and escalate when needed
• Be able to work proactively and with minimal guidance
• Attention to detail
• Is credible and has the confidence to represent the team in meetings
Desirable Criteria
While the below skills are not crucial, having one or more of them would be beneficial:
• An understanding of or experience in user acceptance testing.
• Experience or knowledge of working with T24, FCRM and ISO2026 Swift messages.
As part of pooled recruitment, applications may also be considered for the Scale I Test Analyst role.
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, ****** 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 circa £32,000-£35,000. 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/+5th 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 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 two interview stages.
This role closes on Tues 24th September 2026.
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.
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Technology Change Delivery Analyst in MBPR UAT Services position is now open for candidates interested in the Bank Jobs sector. This role in London offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
