2027 Industrial Placement Programme - Supervision (London)

Bank of England; Greater London; On-site; GBP 24,000 - 30,000; Full time

Benefits offered by this job

Comprehensive benefits package

Job summary

Bank of England offers an undergraduate placement programme with a 13-month contract in London, starting end of July 2027. The salary is £27,000 per annum, pro rata for the 13-month period, plus a comprehensive benefits package.

You will gain valuable experience at the heart of the UK’s financial system, with regular training and events alongside fellow Industrial Placement colleagues. Applicants should be studying for an undergraduate degree with a placement year, aiming for a 2.1

Qualifications

• Be studying an undergraduate degree in any discipline that allows you to do a placement year (starting from next July) with a placement year built into their course.
• Expecting a 2.1 degree classification. You must not already have a degree.
• We’re looking for motivated students with a genuine interest in the Bank’s work, who are keen to learn and embrace new opportunities.
• We value strong workplace behaviours, including respect for others and clear, effective communication.
• For most streams, we’re more interested in your motivation and potential than what you study.
• We want to know what has sparked your interest in your chosen stream, whether that be through your studies, a personal project, a club or society, or something you’ve explored online.

Skills

Willing to learn

Interest in BoE

Networking mindset

Education

Undergraduate degree with placement year

2.1 degree expectation

Job description

About the programme

We’ve designed this programme for undergraduates with a placement year built into their course to gain valuable work experience at the heart of the UK’s financial system. You’ll learn more about our role in the economy, gain on-the-job skills and attend regular training and events with your fellow Industrial Placement colleagues.

Job Description

About the programme

We’ve designed this programme for undergraduates with a placement year built into their course to gain valuable work experience at the heart of the UK’s financial system. You’ll learn more about our role in the economy, gain on-the-job skills and attend regular training and events with your fellow Industrial Placement colleagues.

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 find out more about future career opportunities at the Bank of England.

Fact box

• length of contract: 13 months
• start date: end of July 2027
• location: London
• salary: £27,000 per annum, paid pro rata for the 13-month contract, as well as our comprehensive benefits package

Entry Requirements

To apply for the Supervision stream you must meet the below requirements:

• Be studying an undergraduate degree in any discipline that allows you to do a placement year (starting from next July)
• Expecting a 2.1 degree classification. You must not already have a degree.

We’re looking for motivated students with a genuine interest in the Bank’s work, who are keen to learn and embrace new opportunities. We value strong workplace behaviours, including respect for others and clear, effective communication.

For most of our streams, we’re more interested in your motivation and potential than what you study. We want to know what has sparked your interest in your chosen stream, whether that be through your studies, a personal project, a club or society, or something you’ve explored online. Whatever inspired you, we want to hear about it and why’d you’d like to develop your career with us.

Stream Information

If you are interested in understanding how financial institutions are regulated and supervised, both during business as usual and in times of crisis, the Supervision stream could be for you. You could be involved in the supervision of banks, building societies, insurers, credit unions or financial market infrastructures, helping to identify risks and promote resilience. Through this work, you could help maintain confidence and stability in the UK financial system.

On This Stream, You Could Develop Skills In

• Analytical thinking and problem-solving
• Risk assessment and analysis
• Effective communication
• Stakeholder management and collaboration

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 expect all our colleagues to spend a minimum of 50% of their working time in the office per month. This is to capitalise on the benefits of working together in person across teams, while maintaining the flexibility offered by home working. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

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 [e-mail] who will work with you to provide the support you require. Please be aware that we may need to ask for more information about your disability so that we can provide the necessary support.

• Disability includes but is not limited to visual and hearing impairments, mobility impairments, autism, ADHD, diabetes, epilepsy, dyslexia, dyspraxia, mental health conditions, speech impairments and major illnesses such as cancer and MS.

National Security Vetting Process

Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided at offer stage for successful candidates. Information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice - https://www.bankofengland.co.uk/legal/privacy

Applications for 2027 opportunities will close at 12pm (midday) GMT on Monday 23 November 2026.

About Us

We are the UK's central bank - and we are a bank like no other; known by our peers for our world-leading thinking on policy and strategy.

Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and people's money safe. We know our work matters to people, to families, up and down the UK. We are driven by curiosity and the desire to do important, challenging work.

It takes a great team to run the Bank of England. We rely on each other to play our part. We benefit from a collaborative culture and long-established flexible ways of working, supporting our colleagues balance their work and personal lives. We strive to be a place where people feel they belong and have equal access to opportunities, because different perspectives helps us make the best decisions for the public.

There's much to gain from working with us - from career defining work at the heart of the UK economy, being part of a fantastic team, and a rewarding compensation package.

Join us and find a bank like no other. Together, we can make a difference.

The Bank of England will use and protect the information you provide when you apply for a role with us, in line with our obligations under data protection law. This is so we can assess your suitability for the role and administer your application. If you’re successful we’ll use it to offer you a position and onboard you to join the Bank. If you would like more details about how your information will be used and your information rights, please visit our recruitment privacy notice