Security Vetting Officer (12 month secondment/FTC)

Location
UK-ENG-London
Salary
Competitive
Posted
20 Sep 2019
Closes
04 Oct 2019
Ref
002625
Clearance Level
None / Undisclosed
Sector
Banking
Job Type
Permanent
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people.

The Bank of England is a diverse organisation. Each of its 4,000 plus people are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

Banking, Payments and Innovation Directorate supports the Bank's mission to maintain monetary and financial stability by using and sharing its expertise to: develop and operate resilient and efficient banking, payment and custody services; set and influence policy; and to promote innovation.

We are at the heart of the Bank both in terms of our core role in Monetary and Financial Stability, and the wide range of internal stakeholders we collaborate with. BPI has a lead role in one and a significant role in four of the Bank's strategic priorities. The variety and immediacy of the work we do means we are one of the most outward facing and fast moving areas of the Bank, operating the UK's high value payments system (the Real Time Gross Settlement System and CHAPS), maintaining the Bank's readiness to provide Emergency Liquidity Assistance to banks and other financial institutions, and acting as the 'bank' within the Bank of England for government, UK CCPs and other central banks.

Banking, Payments and Innovation Directorate (BPI - formerly Banking, Payments and Financial Resilience) supports the Bank's mission to maintain monetary and financial stability by using and sharing its expertise to: develop and operate resilient and efficient banking, payment and custody services; set and influence policy; and to promote innovation.

We are at the heart of the Bank both in terms of our core role in Monetary and Financial Stability, and the wide range of internal stakeholders we collaborate with. BPI has a lead role in one and a significant role in four of the Bank's strategic priorities. The variety and immediacy of the work we do means we are one of the most outward facing and fast moving areas of the Bank, operating the UK's high value payments system (the Real Time Gross Settlement System and CHAPS), maintaining the Bank's readiness to provide Emergency Liquidity Assistance to banks and other financial institutions, and acting as the 'bank' within the Bank of England for government, UK CCPs and other central banks.

Brief Description

The RTGS Renewal Programme has been established to develop the next generation of the Bank of England's Real-Time Gross Settlement (RTGS) system. The RTGS Renewal Security team are responsible for managing three core security risks associated with the Programme - Security by Design; Programme Security; and Third Party/Supply chain Security.

An opportunity has arisen for a highly motivated security professional to join the RTGS Renewal Programme's Security team (RST) as a Vetting Officer. The role will support Vetting operations for current and future staff employed on the RTGS Renewal Programme. The role will work in co-ordination with the Bank's central Vetting function but focus solely on Vetting and Personnel Security requirements for RTGS Renewal related staff.

RTGS Renewal Vetting Officers are responsible for processing national security clearances for Bank staff and contingent workers to ensure that only individuals who hold the highest levels of trustworthiness, integrity and reliability are employed to work for, or at the Bank. As part of the RTGS Renewal Security team the role will also support wider Personnel Security related functions.

Detailed Description

The successful applicant will be expected to undertake a range of Vetting functions carried out by RST, to take the lead on certain tasks and assist other Bank of England Security teams where necessary.

The main responsibilities of the role are as follows:

  • Processing vetting applications and managing vetting casework
  • Establishing and maintaining a good working relationship with vetting applicants, sponsors, recruiting managers and external companies
  • Close liaison with the agencies who process vetting checks on behalf of the Bank and central Bank of England Vetting team
  • Respond to RTGS Renewal Programme related vetting queries (via email, in person, telephone)
  • Undertake additional Personnel Security processes to complement initial vetting checks (e.g. annual security appraisals)
  • Assist with Vetting and Personnel Security related internal communications
  • Ad-hoc Personnel Security investigations support


Job Requirements

Essential
  • Excellent oral and written communication skills
  • Confidence to liaise both internally with stakeholders at all scales and externally with UKSV, applicants, agencies, sponsors etc.
  • Good Microsoft Office skills
  • Ability to learn n ew IT systems quickly
  • Good research and analytical skills
  • Able to make sound, pragmatic decisions
  • Experience of working in an analytical role
  • E xperience in writing reports
  • Ability to undertake routine tasks and adapt to ad-hoc tasks

Desirable
  • Ability to exercise discretion at all times when handling confidential/sensitive personal information
  • Ability to plan and prioritise work and deal with changing workloads A team player, willing to assist others
  • A good level of patience and diplomacy
  • Willingness to be considered for increased security clearance to Developed Vetting level
  • Experience of Personnel Security


This role offers a base salary of up to £33,750 (subject to experience and skillset). The total package also includes:
  • 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.

  • A discretionary performance award (based on a current award pool there is a target award of 10%).
  • A 7% 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 insurance.
We anonymise applications so hiring managers will not be able to see your personal information such as name and address when reviewing your submission, including your CV. Please fully complete the application form questions as requested because incomplete submissions may not be reviewed.

We continue to build an inclusive culture where everyone can be their whole selves and produce their best work. Our focus on inclusion is intended to build greater diversity in order to reflect the society we serve and be an employer of choice.

The closing date for applications is 04/10/2019.

Please apply online, ensuring that you answer the application questions and submit your CV.




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