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Bank of England Career Returners Programme 2023

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Location: UK: London

Opportunity6-month returnship

Start date: June 2023

Apply by: 11 December 2022

*Reopened for new roles*

After running several hugely successful programmes since 2018, the Bank of England is once again partnering with Women Returners to launch their Career Returners Programme for professionals who are looking to return to work after an extended career break.

About the Bank of England

The Bank of England is the UK’s central bank. The mission is to deliver monetary and financial stability for the British people. The Bank is a diverse organisation. Each of its 4,000 plus staff are committed to public service and dedicated to promoting the good of the people of the United Kingdom by maintaining monetary and financial stability.

As a place of work, the Bank feels different from most other organisations. The atmosphere is relaxed but professional, research-driven and also very much connected to real events in the economy. While organisations in the private sector are focused primarily on profits, the ultimate objectives for the Bank are always the quality of thinking and the rigour of analysis. This makes an unusually satisfying place to develop your career. The issues they deal with on a daily basis are often in the news headlines, and have implications for everyone in the country. For many of their people, this sense of contributing to the public good is one of the most rewarding aspects of working there.

The environment is extraordinary too: a historic building located in the heart of the City, which combines rich tradition with up-to-date technology and facilities. Just as importantly, they have a strong culture of support that exists within each of their teams and across the organisation as a whole.

What you can expect

  • The Career Returners Programme offers a paid placement of 6-months, starting in June 2023, and the possibility of a permanent role at the end of the assignment.
  • You will receive coaching support from Women Returners to help you to transition successfully back in to the workplace.
  • Flexible working options are available, including part-time working
  • Roles will in normal circumstances be located in the Bank’s London offices at Threadneedle Street and Moorgate, from 5 September 2022 colleagues are expected 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.
  • There are roles on offer in the following areas:
    • Prudential Regulation Authority: ARTIS, UK Deposit Takers, Insurance Supervision, Prudential Policy, Supervisory Risk Specialists, Risk & Ops – ideally you will have had previous financial services experience
    • Monetary Analysis – ideally you will have a background in or related to economics
    • Legal
    • Banking
    • Payments
    • Markets
    • Notes
    • Resolution
    • Financial Market Infrastructure
    • DAT (Data Analytics Transformation)

The Bank is absolutely committed to having an inclusive environment. They are keen to receive applications from all candidates who might be interested in working flexibly, including part-time working.

Join them, and together you’ll get the training, support and tailored working options you need to potentially build a lasting and impactful career within the PRA or the wider Bank.

Who they are looking for

The Programme is aimed at people who have had a career break of two or more years. You may have taken time out for childcare or eldercare, for relocation, or for other reasons. You may have been working on a small-scale basis to fit around your other commitments or have not done any paid work for a number of years.

The Bank of England have a page dedicated to all applicants which will give you additional information on the recruitment process Information for job applicants | Bank of England

How to apply

Please apply online using the relevant links below:

PRA Senior Supervisors

Prudential Policy Directorate

The application deadline for the programme is 11 December 2022.

Note that there are two standard questions in the application process: ‘Current salary ‘ and ‘Notice Period’. You may respond ‘NA’ to these fields.

If you have any difficulties applying or have any initial queries please contact Jay Ahmed – Programme Lead for the Career Returners Programme jay.ahmed@bankofengland.co.uk