Data Analyst at Bank of England, London/Remote, 12 Months, £Contract Rate

  • Contract Spy
  • Remote (London, UK)
  • Jun 27, 2024
6 Months or more Finance Insurance

Contract Description


Data Analyst (Inside IR35)

Contract Term: 12 Months

Contracting Authority: Bank of England

Location: Hybrid – London


The Bank of England is the UK 's central bank. Our mission is to deliver monetary and financial stability for the British people.


This role is part of the Bank’s Commercial Operations team, which looks after both the running and optimisation of the current systems and is involved in the programme to move to a new ERP (Enterprise Resource Planning) system.

The scope for procurement within this new system includes Sourcing, Purchasing, Contracts, Supplier Management, eCatalogues, and Reporting.


This role will be involved in both current and new systems with a primary focus on the Data aspect.


As a Data Analyst your main responsibilities will be

  • Collaborating with various stakeholders on the data migration aspects of the ERP project from a procurement perspective by, managing the collection and cleansing of all procurement data held on current procurement systems, and checking its integrity so data can be transposed to the new system’s procurement modules.
  • Supporting the ERP project with the transition of its current eCatalogue to the ERP eCatalogue module by undertaking appropriate mapping of procurement category codes and finance cost centres.
  • Supporting the configuration and development of the ERP reports by transposing the current procurement dashboards and future reporting requirements into the new system’s reporting module.
  • Supporting the ERP project with the archiving of the current procurement system’s data.
  • Supporting in ensuring that data migration allows for trend analysis from the current data to be continued within the new system.
  • Working with system providers to improve the way the Bank uses its procurement data.
  • Supporting in the development of a future operating model which would provide post-go live support to stakeholders.


You’ll have relevant experience in:

  • SC Clearance is an essential requirement for this role, as a minimum you must be eligible and willing to undergo these checks.
  • Experience collecting and cleansing data.
  • Data migration experience.
  • Excellent Excel skills and experience - Notably creating user-friendly spreadsheets.
  • Data Analysis experience - Strong analytical skills.
  • Significant experience of database management, data analysis and data visualisation (e.g., Tableau).
  • Capability to translate data into meaningful insight for system migrations.
  • Experience of procurement systems (e.g. Oracle) and processes.
  • Previous Oracle/Oracle cloud or ERP experience.
  • Ability to synthesise data from a variety of sources.
  • Demonstrable excellent organisational, planning and time management skills.
  • Demonstrable ability to work on multiple workstreams simultaneously.
  • Self-motivation, with the ability to work both on your own initiative and as part of a team.


If this role sounds like something that you would be interested in, please click the link to apply or get in touch with



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, sexual 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.



Disability confident  

As a member of the disability confident scheme, Bank of England guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. 



If you qualify for the above, please notify us on 


We will be in touch to discuss your suitability and arrange your Guaranteed Interview. 


Should you require reasonable adjustments at any?point during the recruitment process or if there is a?more accessible way for us to communicate, please do?let me know. 


In applying for this role, you acknowledge the following, this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different.


Please be aware that this role can only be worked within the UK and not Overseas.