Overview
Position Title: Data Scientist
Company: Bank of England
Location: London, UK
Job Description
This job is in the Applied Data Science and Visualisation (ADSV) team within AA. Our team leads on delivering innovative solutions to policy questions; advising on the efficient use of technology for data science; and developing and operationalising data science techniques for wider use. We work on a variety of pioneering projects, for instance applying text analytics to policymakers’ speeches; using near real-time data from APIs to monitor the economic impact of COVID-19; making 1.5TB of international trade data analytically tractable; and saving years of colleagues’ time through efficient use of analytical tools.
Responsibilities:
- Identify meaningful sources of data for policymakers, combining and manipulating these into a suitable format for analysis
- Use analytical tools like R and Python to efficiently retrieve, manipulate and analyse a wide variety of data
- Detail the techniques and data used in projects so the analysis can be replicated, either directly or for similar projects
- Communicate results to our stakeholders in a clear, non-technical but sufficiently detailed way
- Provide technical advice to others in the division and the wider Bank, on areas of own expertise
- Keep abreast of the latest developments in techniques and technology for data science, and share that knowledge with Bank colleagues
- Identify and exploit high-value opportunities for innovation
Requirements:
- At least some experience of computer programming, and an interest in building these skills further
- Problem-solving capability
- Passion and perseverance to find data driven solutions for real-life problems
- Proactive and self-starting
- Good interpersonal skills with the ability to clearly explain complex concepts in simple language, both verbally and in writing
- Ability to work effectively on multiple projects and respond to competing demands
About Bank of England
The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”.
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