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

The Bank of England is a diverse organisation. Each of its 4,000 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.

Work for an organisation steeped in history with a front row seat for the digitalisation of the financial sector. A core organisational strength, with our people at our centre, Technology enable the Bank of England to deliver its mission by providing a diverse set of technical solutions and platforms. From supporting critical systems which underpin the UK economy, to evolving data analytics, reinventing our online presence, and introducing a fully digital workplace. Be part of a team that’s constantly evolving, just like our industry.

We take pride in our people, with backgrounds and experiences as diverse as the solutions they provide. You’ll enjoy flexible working opportunities, a good sense of community and well-being, and a collective mission to promote the good of the people of the UK. All of which add up to make the Bank a hugely rewarding place to work.

Within Technology Product Development you will be working with people who are passionate about delivering high quality products and services. Unlike many large organisations, we provide both engineering and development in-house and this internal expertise allows us to understand the diverse needs of our historic institution, and work using agile methodologies to deliver them.

You’ll focus on providing quality systems and services that matter to the nation's economy. Payment, Analytical, Supervision and Central Functions systems, we develop and support them all as part of our broad remit. Collaborating closely with colleagues across Technology and throughout the organisation, you will to help deliver safe and supportable services which underpin business processes.

We strive for best-practice and our teams are aligned to structured processes; which we will support you to understand through mentoring, training (we will provide you with an SAP Learning Hub licence) and formal qualifications. You will be given support, experience, knowledge and time to learn SAP technologies, methods of delivering them and most importantly getting ‘value’ for the Bank ! There is scope to be creative with the processes and tools used particularly to deliver business value and to play a critical role in the Bank’s evolution of its SAP Platform

Job description

We are looking for a Senior Product Engineer (SAP Functional Developer) to help us manage, maintain, support and configure a ‘business critical’ SAP system that hosts applications for both the processing and issuance of bank notes and the secure storage and processing of gold bullion.   The role will be a key part of an SAP Product Team working with the SAP Platform Lead who has responsibility for the technical delivery of the SAP Platform, Change, including Small Change, and Investment Board projects the domain is involved in as part of the wider Bank Portfolio. Additionally, the successful candidate will play a critical role in the Bank’s journey to the next generation of SAP Products based on S4/HANA.

To be successful in this role a high level of experience in configuring and supporting functional modules will be required; primarily MM, SD and WM.

The Senior Product Engineer will be a key member of the SAP Product team supporting existing processes and delivering change for new ones

The candidate will be expected to:

• Lead and mentor up to three other Product Engineers
• Complement and work closely with the existing SAP Product Engineers, ABAP developers and BASIS personnel within the SAP Product Team to undertake the configuration, maintenance and support of the Notes and Goldbar applications.
• Use their technical and business experience to support the NIPS and Goldbar systems with experience and skills in the SAP R/3 Functional ‘core modules’ (particularly MM, SD and WM).
• Carry out investigation/fault finding for reported incidents within the SAP configuration or ABAP code. Where appropriate undertake remediation and / or specify required changes.
• Evaluate business requirements and produce estimates, solutions and functional specifications for the configuration of change requests as part of scheduled maintenance releases and ‘standalone’ changes.   
• As part of the SAP Product Team, work with Business end-users and other specialists to produce and execute Test Plans, Test Scope, and Test Scripts.
• Take a Test Lead role in the testing/implementation of software components and provide post implementation support for a series of small to medium size Change projects.
• Ensure that Key Performance Indicators reflecting the above mentioned activities are met or exceeded.
• For BAU incidents identify root cause, document into a knowledge base and where required carry out remedial action
• Deliver high quality software components and documentation which conform to the Bank’s Technology guidelines and standards.
• Share knowledge, contribute to technical discussions and assist other team members when necessary. In particular, the candidate will be involved in the definition of the future SAP ‘roadmap’ for the Bank.

Role Requirements

Minimum Essential Criteria

The ideal candidate will have: 

• Have a proven track record of successful support and delivery of applications including demonstrable experience in the following SAP (ECC) areas: 
  • SAP Materials Management (MM)
  • SAP Sales & Distribution (SD)
  • SAP Warehouse Management module (WM)
• Experience in leading and mentoring a small team of Product Engineers
• Capability to produce cost effective solution designs from business requirements
• Have a level of software testing experience sufficient to take part in test activities including test case derivation,  unit testing, system testing and user acceptance test support.
• Capability to work in a JIRA Driven environment
• Have the ability to create concise, and informative, knowledge articles and User familiarisation/User Guides for new/changed SAP functionality

Desirable Criteria 

• Knowledge of the following SAP (ECC) Modules/Solutions:
  • FI/CO
  • Business Warehouse
  • AS ABAP
  • SAP Integration Technologies (PI/PO)
• Experience in utilising Confluence.
• The ability to work with 3rd party organisations/vendor to deliver Changes/Solutions.
• Experience in Test Automation in an SAP environment.
• Awareness of testing activities and methodologies including Test Scope, Test Management and Test Planning
• Clearly understands the different phases of product delivery and is able to contribute to, plan or run these
• Capability to undertake the role of Lead Developer/Designer for requirements with estimated effort up to 100 days.

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. (Delete if operationally this may not be feasible)

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 check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.

We anonymise applications so hiring managers will not be able to see your personal information when reviewing your submission, including your CV. Please fully complete the application form questions as requested, as any incomplete submissions may not be reviewed.

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.  

This specific role offers a base salary  of between £60,000- £69, 000 per annum, along with our comprehensive benefits package as follows:

•    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.
•    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.