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We’ll enrol you on a part-time, Level 4 Apprenticeship. This will complement the skills and on-the-job learning you’ll gain with us.
This programme is a great opportunity if you’re a school leaver looking to start your career and wanting to earn while you learn. Over the course of 18 months, you’ll develop your business and technical skills and gain a unique insight into the UK’s central bank.
Level 4 Apprenticeship Development Programme
If you are due to finish school, university is far from your only option. Out 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.
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 opportunities:
Level 4: Associate Project Manager (JustIT)
Every project regardless of size needs to be skilfully managed to ensure its success. Associate Project Managers know what needs to be achieved, how it will be completed and how much it will cost to ensure projects are delivered on time and on budget. To become a successful project manager, individuals need to possess excellent planning and risk management skills, alongside being able to communicate effectively to individuals.
JustIT’s Level 4 Associate Project Management qualification, certified by The Association for Project Management, focuses on teaching the latest approaches and techniques. This will enable you to make practical improvements in how you approach your work, and set you up for future learning and career development.
If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Authorisations, RegTech and International Supervision (ARTIS), Banking, Payments & Innovation (BPI) or Prudential Policy (PPD).
Level 4: Data Analyst (JustIT)
The main role of a Data Analyst is to collect, organise and study data to provide business insight. As a Data Analyst you could be involved with managing, cleansing, manipulating, abstracting and aggregating data, and conducting a range of analytical studies on that data. You would play a key role in producing high quality data and supporting economists in their work and publications.
Successful completion of JustIT’s Level 4 Data Analyst apprenticeship will gain you two certifications in Data Analysis Tools and Data Analysis Concepts.
If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Data Analytics Transformation (DAT), Risk and Operations or Supervisory Risk Specialists (SRS).
Level 4: Information System Business Analyst (JustIT)
IS Business Analysts are problem solvers who play a critical role in enabling business change. They can make a difference to business success and how a business operates. The role embodies early and regular investigation and analysis that ensures the right IS solution is chosen to meet the required business need.
If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Banking, Payments & Innovation (BPI), Risk and Operations or Technology.
Level 4: Professional Accounting/Taxation Technician (BPP)
Finance and tax functions of the future will look very different from those today. Increasing requirements for automation, requires not only understanding the accounting standards/tax law, but now require skills in technology and dealing with data. Professionals with strengths in more than one of these areas and who have a strong problem solving mind-set can make valuable contributions to the development and operation of well controlled finance and tax systems and processes. In addition, as the activities of the Bank become more diverse, it is as important as ever for an accounting and/or tax professional to build a wide network and develop broad commercial acumen in relation to the business which enables them, as a trusted advisor, to contribute to creating a real and active partnership with different areas of the Bank, provide 'real time' support, and to add value that will assist in decision making.
This role will give you the opportunity to immerse yourself in all of these activities either in the tax or one of the other finance divisions, and learn the appropriate and valuable skills to operate as an accounting and/or tax professional in the future. You will learn how to apply your skills within a business framework, understanding the systems and processes used, as well as the standard accounting and/or tax practices employed. Your contribution to the team and organisation will be valued by your accuracy, efficiency and professional approach.
This Apprenticeship will sponsor training towards Level 4 AAT, or Level 4 ATT.
If you are successful in securing a place on this programme, you will be allocated to Finance.
Who we are 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.
In terms of grades, we will be looking for a minimum of five GCSEs at C (4) and above, including English and Math’s, and at least 72 UCAS points (either passed or predicted) from up to three A Levels or equivalent using the 2017 UCAS Tariff System.
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.
