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About the Role
The Bank of England is seeking an independent member for the RTGS/CHAPS Board with experience chairing a risk committee. This role provides strategic leadership for the UK's high-value payment systems, ensuring independent challenge and contributing to robust decision-making.
Responsibilities
- Ensure independent challenge to the Bank in the management of RTGS and CHAPS.
- Bring broader experience and insight to Board decision-making.
- Contribute to robust and well-informed debate.
- Hold the executive team to account.
- Review confidential and commercially sensitive information.
- Adhere to the Board’s Conflicts of Interest Code of Practice.
Requirements
- Experience as a senior risk management executive, Board member, or equivalent risk sub-committee member, overseeing risks across suppliers, users, major change delivery, and cyber security.
- Understanding of operational resilience issues, including third-party risk management and emerging cyber threats.
- Understanding of payment systems and the RTGS and CHAPS services environment.
- Strong stakeholder management skills; ability to influence senior decision makers and develop relationships.
- Must carefully consider and declare any potential conflicts of interest.
Skills
- Risk management
- Cyber security
- Operational resilience
- Third-party risk management
- Stakeholder management
- Influencing
- Relationship development
Location
- London
- Virtual
Work Type
- Part-time
- Hybrid
Experience Level
- Senior
- Board level
Salary/Compensations
- £39,900 per annum
About the Company
- The Bank of England is the central bank of the United Kingdom, operating the RTGS service and CHAPS, the UK’s high-value payment system. Its mission is to promote the good of the UK people by maintaining monetary and financial stability, keeping prices stable and people's money safe. The Bank values diversity, equity, and inclusion, striving to build an inclusive culture that supports people from all backgrounds. They are a Disability Confident employer and a UKVI approved sponsor, though sponsorship eligibility is limited and assessed case-by-case. The Bank is known for its world-leading thinking on policy and strategy and fosters a collaborative culture with flexible working arrangements.
Equal Opportunity
- The Bank values diversity, equity and inclusion. We believe we need a workforce that reflects the society we serve. We are 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, sexual orientation and socioeconomic status. We are proud to be a member of the Disability Confident Scheme.