Head of Physical Security

City of London Permanent
  • Hybrid working practices in place.
  • The opportunity to drive and manage Physical Security for the Bank

About Our Client

The Bank of England is the UK's central bank. Our mission is to promote the good of the people of the United Kingdom by maintaining monetary and financial stability. Each of the Bank's 4,800 colleagues is committed to public service and dedicated to our mission.

The Bank's Central Services (CS) serve to strengthen, enable and protect the Bank in its ability to fulfill its mission. Our Security area is responsible for maintaining and securing the Bank premises and assets, including providing advice and support to staff.

The Bank values diversity and inclusion - we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion, and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.

We are fully committed to having a diverse and inclusive working environment and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns.

Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 05/09/2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

We are also committed to making adjustments for candidates and employees where possible and have partnered with external expert organisations to support us in this.

We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should indicate on their cover letter under 'Candidate Personal Information' they are applying via the 'Disability Confident Scheme'.

We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission.

Job Description

We are looking to hire a dynamic Head of Physical Security. This is a critical role as part of the central operations senior leadership team. Ultimately, the role holder will ensure that the Bank has the right physical security controls in place to reflect current threats and safeguard Bank people, assets, information, and the reputation of the organisation.

The role also oversees the regulation and compliance regime of the physical security of the UK Note Circulation Scheme and associated supply chain. In addition, the role holder will represent the Bank internationally within the central bank security community, where the Bank maintains a reputation as best in its class for protective security. The role also requires regular liaison with law enforcement.

To ensure success as the Head of Physical Security you should have broad, in-depth experience of personnel and physical security leadership and a good understanding of technical and cyber security issues in order to manage the physical security of the Bank estate. The role holder will be expected to understand technical security, industry, UK Government and central bank policy, best practice, and thinking. They will have a level of knowledge sufficient to direct and lead a team of technical experts in physical security.

The role holder typically deals with other central banks, UK Government Departments (Cabinet Office and HM Treasury), and some UK banks and other UK financial institutions. It is, therefore, necessary for the role holder to understand how these organisations work, their structure, scope of responsibility and understand current issues and trends.

The role holder needs to be a credible figure in making decisions in the Bank and in engaging externally. They must be able to articulate the Bank's key strategic priorities and issues of topical public interest. They must be able to act with confidence and be a strong Bank ambassador.

Role Responsibilities:

  • Counsel/advise Governors, Executive Committees, and the Bank's Security Risk Forum, updating protocols as needed. The role holder is the most senior subject matter expert on physical security in the organisation and represents the Bank externally on such matters.
  • Responsible for leading the strategic direction of the division.
  • The role holder, working with other security professionals, will define and set relevant risk tolerances for the Bank and oversee the design and implementation of key physical security controls.
  • Defining and implementing appropriate physical security arrangements for the Bank's regional offices and hubs.
  • Working with other security professionals to develop and have oversight of the delivery of physical security services, building security protection, and access control.
  • Physical security incident management and risk assessment, including threat assessment.
  • Work closely with the Risk and Secretary's Directorates, inputting and providing counsel on a wide range of physical security issues in relevant forums.
  • Responsibility for promoting an inclusive culture and working environment.
  • Demonstrates the Bank's leadership values.

The Successful Applicant

Essential Criteria:

  • Extensive experience in senior security leadership and management experience, ideally within Government, central bank, or a finance industry environment is required.
  • Experience in modernising a security function in a resource-constrained environment.
  • Extensive experience in managing multiple large teams across a broad range of responsibilities/duties.
  • High levels of interpersonal skills to both lead a largely junior team and engage with seniors up to and including Governors.
  • Developed negotiating skills required for dealing with large procurement/contractor relationships and resolving issues with third-party providers.
  • Experience in presenting to large audiences with differing levels of knowledge on physical security.
  • Proven proficiency in developing physical security protocols and procedures.
  • Exceptional managerial skills and the ability to lead a team.
  • Knowledge of information management systems and cybersecurity.
  • Proven ability to research and stay up to date with physical security trends, as well as changing government legislation in relation to all aspects of security.
  • Holds a degree from a nationally recognised university/institution in Physical Security, Risk and Security Management, or another related field. Or holds an equivalent mix of qualifications and experience.

What's on Offer

The Bank of England is a distinctive institution and our rewards are one of the things that set us apart. As well as enjoying a competitive salary you will work in a collaborative, inclusive environment, with a subsidised restaurant, flexible working opportunities, and plenty of wellbeing initiatives.

The salary range for this vacancy is to be discussed on a one-to-one basis, dependent on relevant skills and experience.

In addition, the total reward package also includes:

  • A non-contributory, career average pension gives 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.
  • A 7% benefits allowance with the option to take as salary or purchase a wide range of flexible benefits. (Note that from April 2023 and for the Benefits year 2023/24, this will increase to 8%)
  • 26 days annual leave with the option to buy up to 13 additional days through flexible benefits. (Note: This is effective from April 2023)
  • Private medical insurance and income protection.

Employment in this role will be subject to National Security Vetting clearance and the passing of additional Bank security checks in accordance with Bank policy from time to time. Further information on vetting and security clearance requirements for the role will be provided to the successful applicant. Further information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice at Privacy and the Bank of England | Bank of England.

Rutesh Shah
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Job summary

Operational & General Management
Operational & General Management Subsector
Public Sector & Not-For-Profit
City of London
Contract type
Consultant name
Rutesh Shah
Job reference

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