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About the Role
Researchers at the Bank of England contribute to monetary, macroprudential, and microprudential policy, focusing on the Bank of England's Agenda for Research (BEAR). This role involves working within a policy area, dedicating at least 50% of time to research, publishing, and disseminating policy-relevant work. The position offers excellent training, access to sizable computing resources, and unique datasets.
Responsibilities
- Produce, publish, and disseminate research relevant to the Bank's policy and research agendas.
- Contribute to live central bank policymaking.
- Present research at academic seminars and conferences.
- Communicate research internally.
- Engage policymakers with research.
Requirements
- Hold or expect to complete a PhD by end-2027.
- Demonstrate a desire to carry out and publish innovative, policy-relevant research.
- Complete all details in the application form, including education, work history, and all job-specific questions.
- Upload a CV and Research Paper when prompted.
- Pass National Security Vetting clearance.
- Pass additional Bank security checks.
Skills
- International Macroeconomics
- Open Economy Macroeconomics
- International Finance
- Research skills
- Policy impact development
Location
- London
- Leeds
Work Type
- Permanent
- Hybrid
Experience Level
- PhD level
Education Level
- PhD
Salary/Compensations
- £60,000 per annum (London based) for the first two years
- £57,000 per annum (Leeds based) for the first two years
Benefits
- An 8% benefits allowance with the option to take as additional salary or purchase a wide range of flexible benefits
- Non-contributory, Career Average Revalued Earnings (CARE) pension
- 26 days annual leave with the option to buy up to 12 additional days
- Private medical and dental insurance
- Income protection insurance
- Reimbursement of relocation costs may be available for candidates based abroad
- Subsidised restaurant
- Staff-run social networks
- Wellbeing initiatives
About the Company
- The Bank of England is the UK's central bank, promoting the good of the people of the UK by maintaining monetary and financial stability.
- We are known for world-leading thinking on policy and strategy.
- Our mission is to keep prices stable and people's money safe.
- We are driven by curiosity and the desire to do important, challenging work.
- We benefit from a collaborative culture and long-established flexible ways of working.
- We strive to be a place where people feel they belong and have equal access to opportunities.
- Different perspectives help us make the best decisions for the public.
Equal Opportunity
- The Bank values diversity, equity and inclusion.
- We are committed to creating an inclusive culture which supports people from all backgrounds and communities.
- We celebrate all forms of diversity, including age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status.
- We are proud to be a member of the government’s Disability Confident scheme (DCS).
- We guarantee progression to first stage interview for disabled applicants who meet the minimum criteria for the role.
- We are committed to providing adjustments and support to disabled applicants throughout the recruitment process.
- We are an equal opportunities employer.