As Sir Mervyn King is due to retire in June next year, the role of governor of the Bank of England is to be advertised in the Economist.

The advertisement is part of making sure that the job application process is ‘fair and open’, according to George Osborne, who will announce Sir Mervyn’s successor by the end of the year.

Don’t get your CVs together just yet, though – to qualify for the position, potential candidates must have ‘worked at the most senior level in a major bank or other financial institution’.

Likely candidates for the role include Paul Tucker, the current deputy governor and Lord Turner, the chairman of the FSA. The Bank of England do also recruit for trainee roles, however – take a look at the Bank of England’s employer profile. If you’re thinking of applying for a job in banking, why not take a look at our current banking jobs?

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