Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)
Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)

Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)

Freelance 50 - 70 £ / hour (est.) No home office possible
Odgers Berndtson

At a Glance

  • Tasks: Join the Enforcement Decision Making Committee to influence financial stability decisions.
  • Company: The Bank of England, the UK's central bank focused on monetary and financial stability.
  • Benefits: Flexible hours, competitive hourly remuneration, and a chance to shape public policy.
  • Why this job: Make impactful decisions in a prestigious institution while enhancing your professional profile.
  • Qualifications: Experience in financial services and strong analytical skills required.
  • Other info: Diversity is valued; appointments are based on merit.

The predicted salary is between 50 - 70 £ per hour.

The Bank of England is the central bank of the United Kingdom. It exists to ensure monetary and financial stability. The Bank is seeking an additional panel member 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 new panel member. The incoming member will join in summer 2026.

The ideal candidate shall come from a financial services background or with a strong understanding of the financial services sector and has 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. They should be able to deal with evidence that ranges from the technical (with suitable expert support) to issues regarding individuals’ integrity. Candidates will likely have a background in senior decision making such as on boards, committees, tribunals, etc.

The candidate 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.

Currently, the Bank appoints EDMC members for renewable, fixed, five-year periods and members do not serve more than two consecutive terms. Ultimately, members are 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.

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. The closing date is 23.59 on Friday 17 April 2026.

Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk) employer: Odgers Berndtson

The Bank of England is an exceptional employer, offering a unique opportunity to contribute to the nation's monetary and financial stability as a member of the Enforcement Decision Making Committee. With a commitment to diversity and equality of opportunity, the Bank fosters a collaborative work culture that values independent thought and sound judgement, while providing flexible working arrangements and competitive remuneration. Employees benefit from professional growth opportunities within a prestigious institution that plays a vital role in the UK's financial landscape.
Odgers Berndtson

Contact Detail:

Odgers Berndtson Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)

✨Tip Number 1

Network like a pro! Reach out to folks in the financial services sector, especially those who have experience with decision-making committees. A casual chat can lead to valuable insights and maybe even a referral.

✨Tip Number 2

Brush up on your analytical skills! The EDMC role requires sound judgement based on complex information. Consider joining workshops or online courses that focus on decision-making and analysis to sharpen your abilities.

✨Tip Number 3

Showcase your communication skills! Whether it’s through mock interviews or networking events, practice articulating your thoughts clearly and confidently. This will help you stand out as someone who can effectively contribute to discussions.

✨Tip Number 4

Apply through our website! We’ve got all the resources you need to make your application shine. Plus, it’s a great way to stay updated on any new opportunities that pop up at the Bank of England.

We think you need these skills to ace Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)

Financial Services Knowledge
Analytical Skills
Decision-Making Skills
Understanding of Administrative Decision-Making
Integrity Assessment
Interpersonal Skills
Collective Decision-Making
Independence of Thought
Listening Skills
Oral Communication Skills
Written Communication Skills
Flexibility
Conflict of Interest Awareness

Some tips for your application 🫡

Know Your Stuff: Make sure you really understand the financial services sector and the role of the EDMC. We want to see that you can analyse information and make sound judgements, so brush up on your knowledge before you start writing.

Show Your Independence: We’re looking for someone who can think independently while working with others. Highlight any past experiences where you’ve made tough decisions or contributed to collective decision-making, and don’t shy away from showcasing your strong character.

Tailor Your Application: Don’t just send a generic application! Make sure to tailor your written application to reflect the specific requirements of the EDMC role. Use the job description as a guide to show how your skills and experiences align with what we’re looking for.

Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets to us directly, and you’ll find all the details you need there!

How to prepare for a job interview at Odgers Berndtson

✨Know Your Stuff

Make sure you have a solid understanding of the financial services sector and the role of the Enforcement Decision Making Committee. Brush up on recent regulatory changes and be ready to discuss how they impact decision-making processes.

✨Showcase Your Experience

Highlight your background in senior decision-making roles, especially on boards or committees. Be prepared to share specific examples of how you've effectively analysed information and made sound judgements in complex situations.

✨Demonstrate Independence

The Bank values independent thought, so be ready to discuss how you maintain objectivity in your decision-making. Think of scenarios where you had to stand firm on your judgement despite external pressures.

✨Communicate Clearly

Excellent communication skills are a must for this role. Practice articulating your thoughts clearly and concisely, both in writing and verbally. Consider preparing a few key points about your vision for the committee's work to share during the interview.

Panel member of the Enforcement Decision Making Committee (EDMC), Bank of England - London, UK (Uk)
Odgers Berndtson

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