Graduate Development Programme
Length: 24 months, starting in September 2024
Salary:
£35,000
Entry requirements:
-
Expecting or have achieved a 2.1 class degree
-
120 UCAS points from three A-levels or equivalent (excluding General Studies) using the 2017 UCAS Tariff System
-
Have less than two years' relevant work experience
-
Any degree subject
What you'll learn
You’ll gather and analyse information, take part in meetings, and start to develop the skills you need to become an expert analyst.
We’ll give you a comprehensive introduction to what the Bank of England does and you’ll be able to attend talks and networking events.
Our working environment is supportive and inclusive. You’ll join many other people on the graduate scheme, so it will be fun and sociable too.
We’ll ask you to apply for one of the following areas:
Operations
This is our generalist scheme. It is open to students from any degree discipline.
If successful, you could be allocated to one of the following areas:
Banking Payments & Innovation
Markets
Resolution
People & Culture
Central Bank Digital Currency
Prudential Policy
PRA Risk & Operations
Economist
If you’re doing an undergraduate degree in economics or finance, this is for you.
If successful, you could be allocated to one of the following areas:
-
Markets
-
International
-
Financial Market Infrastructure
-
Financial Stability Strategy & Risk
-
Prudential Policy
Risk
We will help you develop technical expertise in areas such as stress-testing, the Help to Buy scheme or wider market risks. These roles are within our Supervisory Risk Specialists Directorate.
If successful, you could be allocated to one of the following areas:
-
Markets
-
Risk
-
Financial Market Infrastructure
-
Supervisory Risk Specialists
-
Financial Stability Strategy & Risk
Data
If you study a quantitative degree such as maths or engineering, this is for you. You’ll collect, compile and analyse data for publication.
If successful, you could be allocated to one of the following areas:
-
Research Hub
-
Data Analytics Transformation
-
Authorisations RegTech & International Supervision
-
Financial Stability Strategy & Risk
-
Prudential Policy
-
UK Deposit Takers Supervision
Technology
Interested in technology? You don’t need a degree in Computer Science to work with us because we will support you in achieving a Level 7 (MSc) apprenticeship in Digital and Technologies Solutions.
If successful, you will be allocated to Technology.
Supervision
You can have any degree to become a supervisor. Your role would involve supervising financial institutions such as insurance companies, banks and building societies.
If successful, you could be allocated to one of the following areas:
-
Resolution
-
PRA Risk & Operations
-
Authorisations RegTech & International Supervision
-
Financial Market Infrastructure
-
Insurance Supervision
-
UK Deposit Takers Supervision
Postgraduate
If you’re doing a master’s degree in Economics or Finance, this is for you.
If successful, you could be allocated to one of the following areas:
-
Monetary Analysis
-
Markets
-
International
-
Financial Market Infrastructure
-
Financial Stability Strategy & Risk
-
Prudential Policy
Are you who we’re looking for?
If you’re motivated to work for us, we would love to work with you. We’re looking for people who enjoy working with people and share our values of diverse ideas and open debate. You need to be a quick learner who’s able to work with tools and data sources. You also have to be comfortable with setting your own targets, meeting tight deadlines and working under your own initiative.
We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.
Want to know more? Read our graduate learning journey.
If you have any questions, please contact the Bank of England Team at Penna.