If you are due to finish school, university is far from your only option. Our Level 4 Apprenticeship Development Programme could be the ideal solution for you if you are:
keen to start your career and earn a salary
concerned about university fees
looking to develop your business and technical skills in the heart of the City
eager to gain a unique insight into the workings of the UK’s Central Bank
We have designed this 18-month programme to help talented individuals get started in their careers, and it could see you grow in a number of key roles.
About the Programme
Salary: £22,500
Length: 18 months, starting in August 2024
You will start the programme with a formal introduction to the various areas of the Bank and training sessions on essential skills. You’ll have a full induction to the Bank on joining, and will get the opportunity to find out more about the vast and varied array of work we undertake here every day
Alongside this, you will be enrolled on a part-time Level 4 Apprenticeship. The Apprenticeship will provide you with the theoretical knowledge that will complement the skills and invaluable on-the-job learning that you will gain whilst working here.
Studying whilst working can sound challenging. As part of the programme, you will be given dedicated study leave and the support of your local Line Manager to ensure you have sufficient time and support to balance your studies with your work. The Bank also has a dedicated Future Talent Team who are there specifically to support you throughout your programme.
If you are interested in the Bank’s Level 4 Apprenticeship Development Programme, the next step is to choose between the following streams:
Level 4: Data Analyst
If you have a passion for collecting, organising and studying data, this Apprenticeship could be for you. If successful, you could be allocated a role within one of the following areas: Notes, Data Analytics Transformation or Financial Stability Strategy & Risk.
Level 4: Business Solutions Expert
If you enjoy problem solving and business change, this Apprenticeship could be for you. If successful, you could be allocated a role within one of the following areas: Technology or Authorisations, RegTech & International Supervision.
Level 4: Professional Accounting (CIMA)
If you’re looking to build appropriate and valuable skills to operate as an accounting professional in the future, this Apprenticeship could be for you. If successful, you would be allocated a role within Finance & Performance.
Level 4: Associate Project Manager
If you have a passion for project management and delivery, this Apprenticeship could be for you. If successful, you would be allocated a role within Strategic Change & Operations.
Level 4: Investment Operations Specialist
If you want to gain a deep knowledge of securities settlements in a fast moving environment, this Apprenticeship could be for you. If successful you would be allocated a role within Central Banking Operations.
Level 4: Regulatory Compliance
If you’re interested in gaining experience in the regulatory and contractual compliance associated with note issuance, wholesale cash distribution and banknote key supplier governance, this Apprenticeship could be for you. If successful, you would be allocated a role within Notes.
Who are we looking for?
We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.
To apply for the Level 4 Apprenticeship Development Programme you will need at least five GCSEs at C (4), including English and Maths. You’ll also need to have achieved or be predicted at least 72 UCAS points from up to three A Levels or equivalent.
We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.
Application advice
We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.
Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.
If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.
We anonymise applications so hiring managers will not be able to see your personal information such as name and address when reviewing your submission. There is some minimum eligibility criteria for this role and in order to be considered you will need to pass all the questions. Please complete the application form questions as requested because incomplete submissions may not be reviewed.
We continue to build an inclusive culture where everyone can be their whole selves and produce their best work. Our focus on inclusion is intended to build greater diversity in order to reflect the society we serve and be an employer of choice.
Application deadline is 11:59PM (GMT) on Monday 15th January 2024
The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”.
The Bank of England’s purpose today reflects that vision first articulated by our founders. Our mission: to promote the good of the people of the United Kingdom by maintaining monetary and financial stability.
