Economists and Senior Economists, Monetary Analysis, Bank of England

Employer: Bank of England - Monetary Analysis

Location: London or Leeds, with hybrid and flexible working arrangements available.

Salary: Economists in London from £52,730 to £60,840, Senior Economists from £70,900 to £81,810.

Closing date: 23 Oct 2024

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

The Bank of England is a diverse organisation. Each of its 5,000 plus 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.

Monetary Analysis (MA) provides the core analytic support that underpins the setting of Bank Rate each month by the Monetary Policy Committee (MPC) to meet the inflation target.

We are recruiting for economists and senior economists to join the Monetary Analysis Directorate. We encourage applicants from a wide variety of professional and academic backgrounds (including data analysis and finance) - you do not need to currently be working as an economist or have an economics degree.

As a member of the Monetary Analysis Directorate you will contribute to a wide range of challenging policy issues to help support the MPC, and the broader Bank, in achieving its mission.

Responsibilities:

• Analysing and interpreting micro- and macro-economic data
• Presenting analysis to the Monetary Policy Committee and discussing approaches and key results with Committee members
• Supporting the production of the MPC's forecasts and policymaking process
• Developing new ways of analysing data
• Contributing to internal notes and external publications

Economist and Senior Economist roles are available, with increasing autonomy and thought leadership at the Senior Economist level. It is common for Senior Economists to have more than 6 years' relevant work experience and Economists to have more than 3 years' relevant work experience.

Our Approach to Inclusion: The Bank values diversity, equity and inclusion. We aim for colleagues to spend half of their time in the office, with a minimum of 40% per month.

Salary and Benefits Information: These roles offers a salary as follows:

Leeds: ranging from £63,800 to £73,620 for Senior Economists and £47,430 to £54,720 for Economists.

London: from £70,900 to £81,810 for Senior Economists and £52,730 to £60,840 for Economists.

National Security Vetting Process: Employment in this role will be subject to the National Security Vetting clearance process.

The Application Process: All candidate applications are anonymised to ensure that our hiring managers will not be able to see your personal information.

The closing date for applications is 23 October 2024.