The application deadline has passed or the appointment has been closed for applications.
Summary
Organisation: Bank of England - Financial Policy Committee Timeline dates are only an estimate and can change. About the appointment
Introduction from the Chair
Thank you for your interest in becoming an external member of the Bank of England’s Financial Policy Committee (FPC). The FPC is the Bank’s macroprudential authority and plays a central role in the Bank’s work on financial stability. It identifies and monitors systemic risks that threaten the resilience of the UK financial system as a whole, and takes policy actions to remove or reduce those risks. This is a high-profile and influential role, selected personally by the Chancellor of the Exchequer so that the Financial Policy Committee benefits from wider expertise beyond the Bank’s own, and to provide constructive challenge during deliberations. The role entails a part-time commitment of an average 20 to 30 days a quarter, though actual experience can vary considerably. Members are appointed for a three-year term, with the possibility of reappointment at the end of the term; external members can serve a maximum of two terms. Person specification
All criteria will be assessed at both sifting and interview stages. In the event that we receive a large number of applications, we will sift based on the lead criterion only: significant understanding of the financial sector. Significant understanding of the financial sector:
Candidates must have senior-level experience in the financial sector and must be recognised as a leader in their profession. Deep understanding of financial stability risks:
Candidates must be able to critically evaluate complex information about the full breadth of the financial sector to reach policy judgments. Solid understanding of economics:
Candidates must demonstrate that they can consider the economic factors in the committee’s deliberations. Independence of thought:
Candidates must provide robust challenge whilst working closely and constructively with fellow members. Excellent interpersonal and communication skills:
Candidates must be able to defend decisions and communicate externally with complete credibility. Undisputed integrity and standing:
Candidates must maintain discretion and engender trust. Application process
To apply, all candidates are required to provide: a supporting statement equality information information relating to any outside interests or reputational issues Public appointments are made on merit following a fair and open competition process. Additional information for candidates
We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom. We are a member of the Government’s Disability Confident scheme and are committed to making reasonable adjustments to ensure applicants with disabilities are not substantially disadvantaged.
#J-18808-Ljbffr
Organisation: Bank of England - Financial Policy Committee Timeline dates are only an estimate and can change. About the appointment
Introduction from the Chair
Thank you for your interest in becoming an external member of the Bank of England’s Financial Policy Committee (FPC). The FPC is the Bank’s macroprudential authority and plays a central role in the Bank’s work on financial stability. It identifies and monitors systemic risks that threaten the resilience of the UK financial system as a whole, and takes policy actions to remove or reduce those risks. This is a high-profile and influential role, selected personally by the Chancellor of the Exchequer so that the Financial Policy Committee benefits from wider expertise beyond the Bank’s own, and to provide constructive challenge during deliberations. The role entails a part-time commitment of an average 20 to 30 days a quarter, though actual experience can vary considerably. Members are appointed for a three-year term, with the possibility of reappointment at the end of the term; external members can serve a maximum of two terms. Person specification
All criteria will be assessed at both sifting and interview stages. In the event that we receive a large number of applications, we will sift based on the lead criterion only: significant understanding of the financial sector. Significant understanding of the financial sector:
Candidates must have senior-level experience in the financial sector and must be recognised as a leader in their profession. Deep understanding of financial stability risks:
Candidates must be able to critically evaluate complex information about the full breadth of the financial sector to reach policy judgments. Solid understanding of economics:
Candidates must demonstrate that they can consider the economic factors in the committee’s deliberations. Independence of thought:
Candidates must provide robust challenge whilst working closely and constructively with fellow members. Excellent interpersonal and communication skills:
Candidates must be able to defend decisions and communicate externally with complete credibility. Undisputed integrity and standing:
Candidates must maintain discretion and engender trust. Application process
To apply, all candidates are required to provide: a supporting statement equality information information relating to any outside interests or reputational issues Public appointments are made on merit following a fair and open competition process. Additional information for candidates
We encourage applications from talented individuals from all backgrounds and across the whole of the United Kingdom. We are a member of the Government’s Disability Confident scheme and are committed to making reasonable adjustments to ensure applicants with disabilities are not substantially disadvantaged.
#J-18808-Ljbffr
