Bank of England

Degree Apprenticeship Development Programme - Data Science

Location
London, England, United Kingdom
Posted At
11/11/2024
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Description
Job Description

Degree Apprenticeship Development programme

This 36-month programme is designed to help you to get started in your career whilst studying towards a fully funded degree (degree studies can take up to 48-months)

Fact box

  • Length of contract: This 36-month programme leads to a permanent position
  • Start date: Mid-August 2025
  • Applications for our 2025 opportunities open now and close at 12:00pm (midday) GMT on Monday 13th January 2025.
  • Location: London offices (hybrid)
  • Salary: £27,000

Is this route for you?

This programme could be right for you if you are:

  • keen to start your career and earn a salary.
  • looking to study for a fully funded degree.
  • keen to develop your business and technical skills.
  • eager to gain a unique insight into the workings of the UK’s central bank.

To apply for the Data Science Degree Apprenticeship, you will need at least five GCSEs at grade 4 (or C) or above, including English and Maths. You’ll also need to have achieved or be predicted three A-Levels (Maths desirable) at BBB or above (120 UCAS points).

Data Science - Northeastern University

Data scientists continuously seek to expand and develop their technical skills. They can draw upon a range of knowledge from a variety of fields and organisations.

If you are successful, you could be allocated to one of the following areas:

London

  • Prudential Policy (PPD)
  • Supervisory Risk Specialist (SRS)
  • Data Analytics Transformation (DAT)
  • Monetary Analysis (MA)

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 aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.

Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.

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

The Application Process

Important: Please ensure that you complete all details in the application form including education, work history and all job specific questions. Your application will not be considered if all mandatory questions are not fully completed. For Future Talent applications, CVs and cover letters are not reviewed as part of the application process.

The assessment process will comprise of 4 stages: online application, situational judgement test, video interview and a virtual assessment centre.

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
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