The PBU’s responsibilities are separated across various divisions of our business. Joining the PBU, you’ll have the opportunity to see how each one operates and interacts with the business as a whole. Our divisions include:
Supervisory Divisions - responsible for determining, prioritising and mitigating the risks which firms may pose to our objectives, the supervision of firms is divided by sector, with each of the three divisions having responsibility for a particular group of firms:
- UK Banks and Building Societies – responsible for the supervision of deposit takers, including banking groups, banks, building societies and credit unions
- Investment Banks and Overseas Banks – responsible for the supervision of significant investment banks and overseas banks
- Insurance – responsible for the supervision of all insurers (excluding banking insurance subsidiaries, but including the Lloyd’s of London Market and Friendly Societies).
Risk Specialists – work with Supervision and Policy to provide analytical expertise and expert input into the regulation of financial services firms
Prudential Policy – leads on development of policy and consequent Handbook rules, covering prudential standards for firms. This division also negotiates policy input into key prudential EU Directives and specific international agreements.
If you’re interested in a role that will give you a valuable insight in the UK financial system, and the future of regulation, find out more about our graduate, summer internship and specialist development programmes.
