Data and Statistics Division (DSD)
School Leavers, Internships, Industrial Placements, First Degree Graduates, Postgraduates, and PhDs.
As the Bank’s central data management hub, our key role is to ensure that we collect, compile and analyse data from, banks, building societies, credit unions, insurers and mortgage companies. It’s our responsibility to present and publish this data in a clear, accurate, timely and cost-effective manner. The information you’ll gather will help to reveal patterns and trends in the economic and financial systems, as well as individual firms, that will then be used by a number of internal and external customers, including UK government departments and international organisations. You’ll be required to use your attention to details and data analysis skills to produce high-impact outputs. Your role will also be vital in helping the press and other stakeholders to understand and interpret our teams’ periodic statistical and financial releases.
What big issues might I be working on?
The data that you'll be compiling will often be used in high profile news stories or in the Bank's publications such as the Inflation Report or Financial Stability Report and as a result you will take full ownership of your data and manage the engagement with the affected stakeholders. As a department that champions change and innovation, you will also have opportunities to participate in various initiatives, such as coding camps, building and maintenance of complex analytical tools and cross-departmental projects on the implementation of new technology.
What sort of things could I do here?
DSD offers an unusually broad range of work: you'll use your analytical and communication skills to understand and liaise with financial institutions about their reported data and engage with the Bank's economists and policy experts about the information you compile. You'll also use your coding skills and creativity in initiatives that challenge the way we look at data. You'll learn alongside talented individuals with diverse academic backgrounds, many of whom bring previous experience across the private sector and government. Teamwork is key, so cross-divisional and cross-area working is encouraged. And we give all our employees a chance to make a difference and contribute no matter what your experience or seniority.
What could I be doing day-to-day?
From day one you’ll be expected to take responsibility for a data set from the data being reported right the way through to publication. This involves liaising with the firms that report the data, analysing the data at an individual firm and aggregated level, preparing briefing on the data and managing the publication of the data on the Bank's website. We'll support you in employing the latest data science tools and digital visualisation techniques to produce outputs that tell stories on trends and developments in the internal and external publications of the Bank.