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HM Treasury

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Vacancy for external member of the Monetary Policy Committee of the Bank of England

The Bank of England is the central bank of the United Kingdom. Standing at the centre of the UK's financial system, the Bank is committed to promoting and maintaining monetary and financial stability. The Monetary Policy Committee (MPC) of the Bank of England has responsibility for formulating monetary policy.

The MPC comprises the Governor and the two Deputy Governors of the Bank, two of the Bank's executive directors, and four external members appointed by the Chancellor of the Exchequer.

Candidates are sought for the role of External Member of the MPC. The closing date for applications is Friday 15th June 2012. Please read the candidate brief below for information on the role and application process.

External MPC members are appointed on a part time basis averaging three days a week.  Appointments are for a term of three years, and members may serve up to two terms. Total compensation will be £131,771 plus healthcare benefits. External MPC members are not required to hold UK nationality, but to fulfil duties are expected to be resident in the UK.

If you would like to apply for this role, please submit your application at the link below:

The process will take approximately 30 minutes and needs to be completed in one session, during which you will be asked to upload a cover letter and CV.

Information on the current opportunities is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.

Application documents

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