Bank of England Graduate Scheme

Hello,

I have an offer for the Bank of England Graduate scheme, in the COO Markets and Banking, Payments and Financial Resilience division. The job has a focus on risk and technology, custodians of data for banking and markets, operational risk (looking after RTGS, SONIA, and CHAPS), and planning the EU withdrawal.

I feel that this job is a good starting point for a career in finance, as I will gain a deep exposure to the UK's banking system and various technologies used by the BoE. My question is what exit opportunities you feel would be available after a few years at the Bank - I am hoping to move into the private sector, specifically asset management, hedge funds, or even management consultancy. Any help/advice would be greatly appreciated.

Thank you

 

Hi a.popat24, any of these discussions helpful:

  • Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond A career in the hedge fund industry is one of the most desirable careers in finance. Money is ... banking will typically leave most doors open to pursuing a career in a hedge fund after graduation. how to ... undoubtedly the greatest attraction to careers with hedge f
  • Asset Management vs Investment Banking for exit opps into value-based hedge funds a hedge fund? Thank you very much in advance! asset management ... and M&A in the London office 2) A full time-offer at an asset management fund for a rotational ... become a PM at a hedge fund here in London or possibly in NY. I am really not sure what I should choose. ...
  • MUST READ! What makes a good trader, fund manager, hedge fund manager, salestrader, and buy-side trader ruthlessness." What makes a good hedge fund manager? (FN) The CEO of a multi-billion dollar global macro fund ... contrarian is another quality that is highly rated in a hedge fund manager. It takes a certain type of person ... Reserve or the Bank of England has decided to raise the base
  • How I got my job in a Hedge Fund after graduation English, it is not my native language. I am currently a 1st year analyst at a major multi-manager hedge ... of big funds and came across a list of the biggest equity hedge funds. I sent an email to almost ... with them. I would say that it is the most efficient way to get into a hedge fund when you are out of
  • CPA Audit-> M7-> Top Hedge Funds? Consulting or I-Banking. However, I grew stronger interest for hedge funds or asset management companies ... will prepare me best for the career in HF or AM? I am thinking about Finance and Statistics, but let me ... connections with current and admitted students. My initial target careers out of
  • Breaking Into a Hedge Fund with a Background in Pharmaceuticals Bridgewater Biotechnology Consultants ER Equity Research Banking HF Hedge Fund VC Venture Capital ... AM Hedge Fund HF PE IB Boston NYC CFA MBA non target Hedge fund and Private Equity fund ... Biotechnology Healthcare Pharmaceuticals College Major Undergrad Economics Finance Biochemistry
  • Comparing Investment Banks, Hedge Funds and Private Equity me a quick simple, basic breakdown of the differences between IB, VC, PE, and Hedge Funds? Investment ... turn a profit. They will then quickly flip to another asset. Due to the extremely liquid nature of HF ... Break into the Hedge Fund World? Want to land at an elite hedge fund use our HF Interview Prep Cou
  • Is it better to start in a BB Asset management Firm or Hedge Fund as a graduate? Goal is Hedge fund partner. firm then transfer into a hedge fund. Is this true? In terms of training and career development is it ... it's harder to move up the chain if you start at the bottom of a hedge fund than if you start at a BB ... As per the title, let's say I have AM offers as a graduate level analyst from BlackRock and ...
  • More suggestions...

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Nobis voluptatem iusto quaerat magni impedit aut quam. Debitis ut sit accusantium ut eos. Ratione dignissimos quo quia sequi velit quo.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”