Threadneedle Street

Programmes available:

Interns, First Degree Graduates

Responsible for:

Ensuring that the Bank gets the most out of its people – and that our people get the most of out working here. It’s vital and varied work, and involves:

  • Recruiting, developing and retaining the best employees
  • Focusing on diversity and talent
  • Fostering a collaborative and effective work environment for people to do their jobs.

What big issues might I be working on?

We play an integral role in the running of the Bank. This means that we are particularly closely involved in supporting the Bank with the structural and cultural changes that are happening as part of our new 'One Bank' philosophy. Key challenges within this include:

  • Ensuring that people across the organisation get paid fairly for the job they do
  • Recruiting and promoting the best people
  • Creating a brand new performance management strategy for the bank.

The other key issue at the moment is the continued transition of the Financial Services Authority to the Prudential Regulation Authority, under the Bank of England. Almost every area of HR is involved in this, and many of our graduates are too.

What sort of things could I do here?

As a HR graduate, you’ll work with managers across the Bank – advising them on people issues. You’ll build your understanding of our complex business through a series of placements. Ultimately, you could be involved in areas as diverse as HR strategy, learning and development, remuneration and benefits, talent management and selection. And, as our graduates get to meet colleagues from right across the Bank, you’ll gain a broad overview of work in every department. 

What could I be doing day-to-day?

This depends on what part of HR you work in. For example, in our learning and development team you might be helping to create inductions or reviewing the training courses we provide. Or in our brand new HR analytics team, you could be using your analytical ability to look at employee trends and general people data, in order to support and inform all decision-making. Wherever you work, you’ll communicate a lot – on the phone, in meetings, and over email. This is because you’ll be handling all kinds of queries from all kinds of colleagues. Answering their questions is the best way to learn about HR here, and you’ll build up relationships as you go.