Black Future Leaders Sponsorship Programme
About the programme
This programme is designed for Black Heritage students in their penultimate year of their undergraduate degree. If successful, you will be awarded with funding of at least £5,000 towards living costs for 1 year at university. You will also be offered a paid internship for 8 weeks.
Fact box
* Length of contract: 8 weeks
* Start date: End-June
* Application close date: Applications for 2025 opportunities are now open and close at 12pm (midday) GMT on Monday 6th January
* Location: London offices (hybrid)
* Salary: £96.15 per day
Is this route for you?
This programme could be right for you if you are:
* keen to learn about what we do and gain practical experience
* eager to gain a unique insight into the workings of the UK’s central Bank
* looking to build your network and find out more about graduate opportunities at the Bank
To apply for the Black Future Leaders Sponsorship Programme you must meet the below entry requirements:
* Be in your penultimate year of your undergraduate degree.
* Expecting a 2.1 degree classification.
* Be of Black/mixed Black Heritage background.
* Have a household income of less than £50,778 a year.
How could you develop?
We’ll assign you to a team where you will work on a specific project. You’ll learn more about our role in the economy and gain ‘on-the-job’ skills.
You’ll also have a bespoke development programme including mentorship, a variety of senior talks and networking events.
If you’re successful, you could be allocated to one of the following areas:
* Monetary Analysis
* Payments
* Markets
* Financial Market Infrastructure
* Financial Stability Strategy & Risk
* Fintech
* UK Deposit Takers Supervision
If your performance is outstanding, we may consider you for a further internship or a place on our Graduate programme.
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.
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.
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.
#J-18808-Ljbffr