Scale E Agent in North West Agency

The Bank's Agents are the representatives of the Bank of England in the twelve Agencies across the English regions and Devolved Nations.

The Agencies are the 'eyes, ears and voice' of the Bank in their respective parts of the United Kingdom. Agents play a crucial role in informing the Monetary Policy Committee's (MPC) and the Financial Policy Committee's (FPC) assessment of the economic and financial environment through gathering, analysing, and reporting economic intelligence from regular meetings with their network of contacts.

Agents talk to senior contacts from a wide range of organisations - from small businesses to large global companies - across all sectors of the economy, to gain an insight into how businesses are operating. This provides a unique perspective into how the real economy is evolving and the factors driving those developments.

The Agents also communicate policymakers' core messages to business contacts and other local audiences across the UK. This includes regular presentations on the Monetary Policy Report and Financial Stability Report to support a widespread understanding and trust of the monetary and financial policy framework.

Agents also coordinate interactions and host meetings between policymakers and their local contacts, so that they can hear the views of businesses and communities first-hand.

Carries out external engagement within The North West of England and, on occasion, across the North East and Yorkshire and the Humber with the principal aim of gathering intelligence and carrying out representational functions for the key policy functions of the Bank of England.

Works as part of a team on a technical Area of Expertise (AoE), led by a Technical Agent, to construct an economic narrative and/or strategy, contributing to policy analysis, discussion and decision making. The Area of Expertise for this role, which may change over time, will be employment, pay and capacity utilisation.

Agents, as part of their AoE team, analyse and summarise qualitative intelligence to bring an ongoing, timely narrative to the policy discussion. Agents as part of a rota can lead the analysis and present to the MPC during a policy round with the support of the lead Technical Agent and AoE team.

Agents work on specific projects assigned to Working Groups and may lead on specific projects and matrix manage other members of the Working Group. Agents will work closely with the Senior Data Scientist and the Data team to trial and implement new tools and analytical approaches.

Scale E Agents can expect to undertake rotating secondments to other parts of the Bank or work on structured joint analytical projects, to broaden their knowledge, expertise and networks in the Bank.

Reports to:

The scale D Managing Agent for the North of England (currently Alex Golledge)

Needs to live in, or very close to, the North West region.

Location:

Manchester

• Experience in summarising qualitative information into reports for use by decision makers
• Experience in communicating effectively with senior business people
• An understanding of and interest in economics and/or economic policy
• Demonstrate an understanding of the Bank's approach to monetary policy and its policy framework more generally.
• A good communicator, comfortable interacting with senior external contacts.
• Ability to learn quickly, work independently and deliver good quality outputs to agreed timetables.
• Able to work collaboratively with colleagues within and/or outside the Bank.
• Experience of conducting interviews to gather qualitative data.
• Experience of delivering presentations to diverse audiences and explaining complex messages clearly and concisely.
• A full driving licence.
• A degree in economics or equivalent work experience

Travel is an essential part of the role. A car allowance and mileage payment are paid to the role holder to facilitate this. This role requires a combination of in-person meetings and virtual meetings with Agency contacts in the North West and, occasionally, elsewhere in the North of England. It also requires regular in-person meetings with the Agency team in Manchester and with the other teams in the North of England in Leeds.

There are also occasional meetings with UK-wide colleagues in London and Leeds.

Location:

Manchester

The Bank's Agents are the representatives of the Bank of England in the twelve Agencies across the English regions and Devolved Nations.

The Agencies are the 'eyes, ears and…