Apr 212021
 
Bank of England – External Committee Member (SONIA Oversight)

External Committee Member (SONIA Oversight) - Bank of England

Recruiter: Bank of England
Location: London/Home-based
Salary: £1,050 per day (6 days per year)
Posted: 16 Apr 2021
Closes: 07 May 2021
Job Function: Board Member
Industry: Finance

External Committee Member – SONIA Oversight

The Bank of England is the UK's central bank. Our 4,000-strong team maintain monetary and financial stability for the good of the people of the UK. Amongst our responsibilities is the administration of the SONIA (Sterling Overnight Index Average) interest rate benchmark. As part of the SONIA Oversight Committee, you’ll make sure that the highest standards are maintained.

The Bank of England manages the governance and publication of SONIA every London business day. The SONIA Oversight Committee reviews all aspects of the benchmark determination process and scrutinises the administration of SONIA.

As one of two External Members on the Committee, you will bring the trusted, independent perspective of a senior-level industry professional. With your knowledge, confidence and experience, you’ll challenge governance and processes related to the administration of SONIA.

To be part of the Committee, you’ll have the ability to provide challenge, think independently and express yourself clearly. You will ideally have provided oversight for operational processes or technology before. With this background, you’ll know how to relate operational processes to policy. You should also understand sterling money markets and products connected to SONIA.

Join us and you’ll be part of a diverse team where everyone’s free to excel. The Bank of England is proud to be a Disability Confident Employer and an inclusive organisation.

Closing date: 7th May 2021

To find out more or apply, visit www.bankofengland.co.uk/careers

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