Job Specifications
Job Description
About this programme
This programme is designed for students who have recently graduated and are looking to start their career at the heart of the UK's economy.
length of contract: 24-month programme, leading to a permanent position
start date: early September 2026
location: Leeds offices (hybrid)
salary: £33,525, as well as our comprehensive benefits package
This Could Be Right For You If You Are
keen to learn about what we do and gain practical experience
eager to gain a unique insight into the workings of the UK's central bank
looking to build your network and pursue a career at the Bank of England
To Apply, You Must Have
achieved, or be predicted to achieve, a 2.1-degree classification
achieved 120 UCAS points from three A levels (or equivalent)
We are committed to nurturing a diverse and inclusive workforce. We welcome candidates from all backgrounds.
What To Expect
We start by giving you an introduction to the many areas of the Bank. You will get an idea of the range of specialist roles across the organisation. You will also receive training sessions, which focus on crucial skills to develop as a central banker. We hire graduates who are driven and intent on learning while building their career with us.
In your first 12 months, you will take part in a foundation year covering the Bank's breadth of work. In your second year, you will have the opportunity to study for a masters in Global Central Banking and Financial Regulation with Warwick Business School.
Risk
If you are curious about financial markets and interested in developing technical expertise in areas such as stress-testing or wider market risks, then this might be the stream for you.
The Skills You Could Develop Include
understanding and applying real-world financial instruments and valuation techniques
opportunities to innovate and automate processes through coding in R and Python
communication and drafting skills for diverse audiences
application of strong analytical and numerical skills to problem solving with financial data
working collaboratively towards continuous improvement and professional development
Right to work in the UK
For our graduate programmes, the Bank may be able to offer visa sponsorship in specific circumstances. We will assess eligibility on a case-by-case basis, taking individual circumstances into consideration. All applicants must comply with Home Office regulations. Please note, should sponsorship be offered, the cost of the Skilled Worker visa application and the immigration health surcharge (IHS) will be payable by the applicant themselves and this will not be reimbursed by the Bank. Please follow this link for further information on the costs involved – Skilled Worker visa: How much it costs - GOV.UK
Our Approach to Inclusion
The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.
At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.
For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.
We are proud to be a member of the government’s Disability Confident Scheme (DCS). We are committed to creating an equitable interview process for disabled candidates through our membership of the DCS and this means we guarantee progression to video interview for disabled* applicants who meet the minimum criteria for the role. If you wish to apply under this scheme, please select 'Yes' to the DCS question at the end of the application form. We understand, however, that not all applicants with a disability may wish to apply through this scheme, and we fully respect that choice; you will still be fully supported with any support or adjustments you may require.
As we are an equal opportunities employer, we are committed to providing adjustments and support to disabled applicants throughout the recruitment process. Should you require support with completing your application and require any adjustments for this (even if you do not wish to be considered under the Disability Confident Scheme), please contact the recruitment team at BOEadditionalsupport@penna.com who will work with you to provide the support you require. Please be awar
About the Company
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”.
The Bank of England’s purpose today reflects that vision first articulated by our founders. Our mission: to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
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