Lead Economic Analyst, 12 month FTC in MACRO MODEL DEVELOPMENT

This is an exciting opportunity to be at the heart of one of the Bank’s critical strategic initiatives to define, and support, an approach to monetary policy making that is fit for the future. This reflects the Bank’s commitment to respond fully to the recommendations of the Bernanke Review, and so help the Bank to:

Modernise and develop “close to the frontier” capabilities in terms of the Bank’s processes, expertise, modelling and data infrastructure

Build effective mechanisms for continuous improvement, to help maintain our capabilities close to the frontier of monetary policymaking internationally.

Leverage those capabilities, to deliver more transparent communications and support monetary policymaking in a wide range of circumstances, including heightened uncertainty, large shocks and structural change.

The Macro modelling division is tasked with coordinating and supercharging the Banks investment in existing and new modelling capabilities and toolkits. It owns the Bank’s overarching macro modelling strategy aiming to deliver continuous improvement which supports high-quality policy and strategy advice, as well as exploiting new, state-of-the-art approaches from data and AI advances. It provides robust governance and oversight of the Bank’s modelling investment and quality assurance to the Bank and its policy committees.

This is supported by an effective communication and training programme