About the job

The role of Market Operations Analyst in the Pricing, Policy & Valuation (PPV) team at the Bank of England involves supporting market operations through pricing and valuing fixed income and derivative positions, ensuring accuracy in end-of-day pricing, updating key model inputs, performing reconciliations with counterparties, and resolving payment discrepancies. This operational role demands a sound understanding of derivative and bond valuations, excellent coding skills in R and Python (VBA and MATLAB are advantageous), and the ability to work independently and collaboratively under tight deadlines. The position also includes opportunities for analytical work, such as researching and recommending enhancements to valuation methodologies, and actively contributing to ongoing process improvement and automation. A strong interest in market infrastructure, pricing systems, and the Bank’s financial instruments is key, along with a high attention to detail and effective communication skills. The Bank encourages flexible and inclusive working arrangements and considers visa sponsorship on a case-by-case basis. The position offers a competitive salary, pension benefits, private medical insurance, and is based in London or Leeds, with hybrid working options available.