International Directorate (ID)
Industrial Placement, Graduate Programme, Postgraduate Programme, Internships, PhD Research Programme, PhD Internships
We analyse developments in the world and whether these create any risks to the UK. When risks occur, we plan the appropriate response. We’re also responsible for the Bank’s international strategy.
What we do
We cover a broad range of issues. These include doing conjunctural analyses of other economies and addressing the international aspect of policy questions facing our organisation. We provide information to the Bank’s two most important committees, the Monetary Policy Committee (MPC) and the Financial Policy Committee (FPC).
The Bank publishes two flagship publications: The Inflation Report and the Financial Stability Report. We produce the international forecast for the former and analyse risks from the global economy and financial system for the latter. We also brief the most senior figures in the Bank, the Governors, when they participate in international conferences.
What might I work on?
Roles can vary widely. You might specialise in a specific region and produce macro and financial stability analyses for the policy committees. Or you could influence the international policy agenda. In your role, you could work on topics such as:
How do we expect the output gap in a particular region to develop and why? What implications will this have?
How has credit provision in another economy developed and what risks, if any, may arise from this?
What spillovers may macro prudential policies have and what risks may be associated with this? What policy proposals may help to mitigate these risks?
How do we build on international prudential standards to maintain a resilient, open, and rules-based international monetary and financial system?
Why should I apply?
We’re an exciting and diverse workplace. We analyse topical issues, covering both monetary policy and financial stability. You will enjoy great variety in your role.