Senior Economist - Interest Rates and Asset Prices Team in London - Bank of England

Job Overview

London, England
Job Type
Full Time
Date Posted
6 days ago

Additional Details

Job ID
Job Views

Job Description

Job description

A vacancy has arisen for a Scale E Senior Economist to work in the Interest Rate and Asset Pricing Team (a team of ten, including manager and research assistants).

This is an influential and high-profile role that allows the jobholder to be a leader in analytical thinking on financial markets in the Bank. Your role as Senior Economist on the team will be to deliver a programme of analysis that helps policymakers to understand the interaction of financial markets and the macroeconomy: what global asset prices signal about the real economy and the transmission of monetary policy; and how developments in those markets might affect the UK.

Some current questions of interest include: How have the MPC’s recent policy actions and communications impacted on financial markets? How is Quantitative Tightening impacting financial markets? What can financial markets tell us about expectations for inflation and growth?

You will lead key products in these areas, as well as briefings to the MPC. You will develop your own areas of expertise within the team’s remit, for instance the analysis of a particular asset class. But you will play a broad role within the team, coaching less experienced team members, helping to set the division’s analytical agenda and strategic direction, leading strands of work delivered principally by others, developing our modelling toolkit and taking aspects of responsibility for stakeholder management. There will also be opportunities to present to MPC at Pre-MPC or as part of the forecast process, and to lead high-profile work on policy tools and credit conditions. So, although you will have strong analytical skills and economic intuition, you do not necessarily have to have a background in financial market analysis.

We are fully committed to having a diverse and inclusive working environment. This role can be done as part of a job share and/or with flexible working.

Role Requirements
Minimum Essential Criteria

Excellent analytical skills.
A keen interest in understanding global financial markets and their impact on the UK economy.
An ability to work well both autonomously and in teams and to lead high-quality analytical outputs.
Excellent time management and organisational skills.
Strong oral and written communications skills. Confidence in presenting views to senior policymakers, and adapting style and content to the audience.
Ability to work effectively across boundaries, bringing together views from a diverse set of perspectives to form a coherent narrative.

Desirable Criteria

Technical skills in financial market analysis
A relevant postgraduate qualification, such as a Masters in finance or economics, or a PhD.

Prior experience of working in MA is not required. Applications from across the Bank and externally are welcome. 


The Bank values diversity and inclusion – we want to reflect the society we serve better, we want the best people to work for us and we want our workplace to be inclusive. We value all forms of diversity, including but not limited to age, disability, ethnicity, gender, gender identity, race, religion and sexual orientation. One way we support diversity and inclusion is through our staff-run networks, which are summarised here.

We are fully committed to having a diverse and inclusive working environment, and are open to considering how the role might be carried out with flexible working. This role is therefore open to flexible working patterns. (Delete if operationally this may not be feasible)

Where a role can be carried out from home, we are working towards colleagues spending at least half of their time in the office, so that we can all benefit from working together in person, while maintaining the flexibility offered by home working. From 6 June 2022, we expect colleagues to spend a minimum of 40% of their working time in the office per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

We are also committed to making adjustments for candidates and employees where possible, and have partnered with external expert organisations to support us in this. We are a member of the Disability Confident scheme, summarised here, and people who wish to apply under this scheme should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.


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