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Vacancy Details

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Senior Economists / Economists, Bank of England (Secondment12- 24 months)

Summary Information for vacancy - reference BANK01

Department

Whitehall and Industry Group

Salary

Costs to be covered by the Bank, subject to experience

Location

City of London, Greater London, London

Closing Date

04 May 2011

Interviews start

Not specified

Grade

Grade 5

Seniority

Senior

Pay frequency

Monthly

Appointment Terms

Secondment

Working Arrangement

Full time

Travel required

No

No of vacancies

2

Field of work

Economics

Brief Description

The Bank of England is interested in considering candidates for new secondment opportunities as they seek to meet resource demands. As a result, positions for senior economists and economists have arisen within their Monetary Analysis Directorate (MA). The period of secondment will be for a minimum of 12 months and ideally for 24 months.

The Senior Economist and Economist roles will contribute to important monetary policy issues for the Bank of England, which will feed into broader management information provided to the Bank’s Monetary Policy Committee (MPC).

S/he will also undertake analysis, research and forecasting for the Bank’s Monetary Policy Committee.
 

Vacancy description

Responsibilities

The work in general is likely to involve:

  • Delivering well-articulated economic analysis to senior Bank staff;
  • Shaping the messages presented to the Bank’s Monetary Policy Committee (MPC) in the form of written notes or oral presentations;
  • Contributing to quarterly forecasts for the UK economy which feed into the MPC’s quarterly Inflation Report projections;
  • Working with others in the team and the rest of MA as required to produce issues-based analytical pieces on issues that impact on the UK economy;
  • Supporting senior staff in their roles, and helping them to form a view of what is happening in the UK economy and the key risks to the economic outlook;
  • Liaison with external contacts and representing the Bank at meetings;
  • Developing your own view on the big questions and issues facing the UK economy and helping to set the analytical agenda for MA.

Experience

The qualities of the ideal candidate will include the following:

  • A strong academic background in economics, ideally qualified to postgraduate level;
  • A strong record of applying macroeconomics to live policy issues;
  • Experience of both quantitative and qualitative research and analytical methods;
  • Ability and confidence to deliver complex material simply and effectively;
  • Excellent communication skills both written and verbal;
  • Strong team and interpersonal skills, including the ability to lead others;
  • Ability to effectively prioritise and manage workloads;
  • Flexible, adaptable and self starting with the ability to work collaboratively across the organisation.

Further information

CRB check required - No

Regulated by OCSC - No

Reserved for existing civil servants - No

Reserved for UK nationals - No

How to apply

Salary and terms

For candidates wishing to join on secondment:
The Bank of England will contribute to the candidate’s salary costs; the level of contribution will be dependent upon experience and will be subject to agreement with the candidate’s organisation.

  • Closing date

Wednesday 4 May by 5pm

Application Process

  • Submission of a covering letter demonstrating how you meet the person criteria and CV to peopleexchange@wig.co.uk
  • Compilation of a short-list after the closing date from applications received;
  • If you have any questions about this opportunity, please contact Bimal Karaji at WIG on 020 7222 1166 or e-mail peopleexchange@wig.co.uk


14041154155_Senior Economists, Bank of England Brief-for-email.pdf

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