2 Bank Of England jobs in the United Kingdom
Panel members of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK
Posted today
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Job Description
The Bank of England is the central bank of the United Kingdom. It exists to ensure monetary and financial stability.
The Bank is seeking three additional panel members for its Enforcement Decision Making Committee (EDMC) which was established in 2018 and reports to the Bank’s Court of Directors (Court). Court appoints members to the committee and will look to appoint a chair and deputy chair of the EDMC from its membership. They will replace Sir William Blair (Chair) and Philip Marsden (Deputy Chair). Incoming members will join in summer 2026.
Candidates should have a genuine interest in contributing to the Bank’s work and mission (in particular, the prudential regulatory remit). They should be aware of the role of administrative decision-making in public bodies and understand that the EDMC will make decisions on behalf of the Bank. A demonstrable ability to effectively analyse information to reach sound judgements is essential. Candidates should be able to deal with evidence that ranges from the technical (with suitable expert support) to issues regarding individuals’ integrity.
Candidates must demonstrate a strong ability to work effectively with others to make collective decisions, while having the strength of character to ensure independence of thought and judgement. They should have flexible interpersonal skills to deal with a wide range of scenarios and have excellent listening, oral and written communication abilities.
The Bank wants to ensure that the committee has a broad collective skillset, with at least three legally qualified members.
Currently, the Bank appoints EDMC members for renewable, fixed, five-year periods and members do not serve more than two consecutive terms. Ultimately, members be answerable to Court.
Members are subject to a conflicts of interest policy and must declare actual or potential conflicts of interest prior to appointment - and any that arise post appointment. Considering the Bank’s objectives, applicants should carefully reflect on whether any existing roles or interests may affect their ability to serve on the committee.
Within the EDMC, there is an appointed chair and deputy chair. Both of these roles must be occupied by legally qualified individuals. Court will appoint these roles from the committees membership.
For the position of chair, candidates should also be able to demonstrate advanced stakeholder management skills. They must be able to present confidently and concisely to stakeholders in the Bank, including its most senior committees, such as Court. The chair acts on behalf of the committee, as the main liaison with the Bank, the PRA and Court. The time commitment will be considerably more than other members of the panel due to the increased responsibility.
The deputy chair will support the chair and assume their responsibilities when necessary.
The number of contested enforcement cases that the EDMC considers is difficult to predict and there will be periods where there are none. Because of the fluid nature of the position, members should be content to offer a flexible time commitment. The role will be remunerated hourly, in line with the Bank’s standard senior advisor rates.
The Bank values and promotes diversity, and is committed to equality of opportunity. The Bank believes that it is by drawing on different perspectives and experiences that it will continue to make the best decisions for the public. Appointments are made on merit.
For further information, please see the full candidate brief below.
The closing date for all applications is 23.59 on 11 November 2025.
Panel members of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK
Posted today
Job Viewed
Job Description
The Bank of England is the central bank of the United Kingdom. It exists to ensure monetary and financial stability.
The Bank is seeking three additional panel members for its Enforcement Decision Making Committee (EDMC) which was established in 2018 and reports to the Bank’s Court of Directors (Court). Court appoints members to the committee and will look to appoint a chair and deputy chair of the EDMC from its membership. They will replace Sir William Blair (Chair) and Philip Marsden (Deputy Chair). Incoming members will join in summer 2026.
Candidates should have a genuine interest in contributing to the Bank’s work and mission (in particular, the prudential regulatory remit). They should be aware of the role of administrative decision-making in public bodies and understand that the EDMC will make decisions on behalf of the Bank. A demonstrable ability to effectively analyse information to reach sound judgements is essential. Candidates should be able to deal with evidence that ranges from the technical (with suitable expert support) to issues regarding individuals’ integrity.
Candidates must demonstrate a strong ability to work effectively with others to make collective decisions, while having the strength of character to ensure independence of thought and judgement. They should have flexible interpersonal skills to deal with a wide range of scenarios and have excellent listening, oral and written communication abilities.
The Bank wants to ensure that the committee has a broad collective skillset, with at least three legally qualified members.
Currently, the Bank appoints EDMC members for renewable, fixed, five-year periods and members do not serve more than two consecutive terms. Ultimately, members be answerable to Court.
Members are subject to a conflicts of interest policy and must declare actual or potential conflicts of interest prior to appointment - and any that arise post appointment. Considering the Bank’s objectives, applicants should carefully reflect on whether any existing roles or interests may affect their ability to serve on the committee.
Within the EDMC, there is an appointed chair and deputy chair. Both of these roles must be occupied by legally qualified individuals. Court will appoint these roles from the committees membership.
For the position of chair, candidates should also be able to demonstrate advanced stakeholder management skills. They must be able to present confidently and concisely to stakeholders in the Bank, including its most senior committees, such as Court. The chair acts on behalf of the committee, as the main liaison with the Bank, the PRA and Court. The time commitment will be considerably more than other members of the panel due to the increased responsibility.
The deputy chair will support the chair and assume their responsibilities when necessary.
The number of contested enforcement cases that the EDMC considers is difficult to predict and there will be periods where there are none. Because of the fluid nature of the position, members should be content to offer a flexible time commitment. The role will be remunerated hourly, in line with the Bank’s standard senior advisor rates.
The Bank values and promotes diversity, and is committed to equality of opportunity. The Bank believes that it is by drawing on different perspectives and experiences that it will continue to make the best decisions for the public. Appointments are made on merit.
For further information, please see the full candidate brief below.
The closing date for all applications is 23.59 on 11 November 2025.
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