Product Features
Blog
Contact Us
Sign In
Exec Appointments
,
London, Greater London
PRC External Members
|
|
Job Type: Full-time |
|---|
Overview
The Bank of England plays a vital role in ensuring the safety and soundness of the UK economy. The central bank of the United Kingdom, its role is to safeguard monetary stability and to protect and enhance financial stability. This year is an exciting time of change for the Bank as Andrew Bailey succeeds Mark Carney as Governor. The Prudential Regulation Committee (PRC) governs the Prudential Regulation Authority (PRA) which is responsible for the prudential regulation of banks, building societies, other deposit takers, insurance companies and certain investment firms. Chaired by the Governor, and accountable to Parliament, the PRC takes the most significant and high impact supervisory decisions. It is responsible for overseeing and holding to account the PRA’s strategy and policy making functions, and for setting the levy on regulated firms. It also adopts the budget of the PRA. The Government is seeking to appoint up to three external members to fill vacancies which arise from retirements in 2020/21. These are high profile and influential roles. Appointees will be independent and will not represent or lobby for individual groups, interests or sectors. The work is highly varied and the Committee seeks to reflect that diversity in its composition. Successful candidates will be strategic thinkers with excellent communication and influencing skills. They will have the ability to contribute across a broad range of topics and issues considered by the PRC. They will bring: Ability to analyse complex issues quickly, think strategically and reach consistent, firm, balanced and independent judgements. A track record of building effective relationships and collaborating successfully at the highest levels within business and government. Undisputed integrity, and a willingness to challenge others' viewpoints constructively. Proven track record working in or advising financial services organisations, ideally with knowledge of insurance, retail or wholesale banking. The Bank of England and HM Treasury have strong commitment to diversity and equality of opportunity, and welcome applications from candidates irrespective of their background, gender, race, sexual orientation, religion, or age, providing they meet the required criteria. All disabled candidates (as defined by the Equality Act 2010) who satisfy the minimum criteria for the role will be guaranteed an interview with the Assessment Panel under the Disability Confident Scheme (DCS). For further information and to apply, please visit www.odgers.com/75440 . Application deadline is midnight Wednesday 15th April 2020.