Transactions Services Associate Review

by Bank of England

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

3.8/5
  • The Role
    4.0
  • The Company
    3.9
  • The Culture
    3.5

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I suffered a lack of variety in my work, though it is important to note this was not the case for every intern, it depends entirely on the project/role to which you are allocated.

    3/5

  • 2. To what extent did you feel valued by your colleagues?
  • I felt valued by all colleagues as they didnt treat me like I was a placement student, thrusting me to do work as if I was a graduate and been at the company for a few years. I was given training for the role just like the intake of graduates.

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The tool that we were working with for Data Assurance was quite hard, and I hadn't used it before. The staff gave a lot of support and guidance in making me comfortable with this tool. They also organised a large variety of different tasks in different area of the business, which was great. I also had a 'People Manager', who was there to help me with my growth, and I feel that I gained a lot more out of the internship because of the support and guidance that she gave me.

    4/5

  • 4. How busy were you on a daily basis?
  • Depending on whether or not I was on a project dictated how busy I was. Project came thick and fast so I was always kept busy and often do more hours than the 9-5 to complete deadlines. Having said this it is definitely better being busy as the days go a lot quicker and you will learn more.

    4/5

  • 5. How much responsibility were you given during your placement?
  • I was given the right amount of responsibilty considering my experience. I was entrusted to do work which would ultimately be fed back to partners and clients but was never thrown in the deep end and given something that was super important and could change the project

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • Time management and work ethic are just two things that I will take back to Uni with me. Sector knowledge and training on programmes such as excel will certainly be useful come my final year. I developed confidence when meeting new people and also learnt the importance of checking work vigorously as it could lead to errors which are spotted by the client.

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Friendly, welcoming and fun. You do not feel out of place and everyone is on the same level as you. All grades up to partner sit in an open plan seating area so communication is easier and you dont feel as intimidated by managers as you get to know them better by sitting with them

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • The process of allocation of roles on projects within the company is not ideal, you may not be aligned to an area in which you have an interest.

    3/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • The bank invested a lot of time and money into my development. I was able to work in several different offices and lots of diverse projects, ranging from retail to mining and engineering in all parts of the world. I was given the same opportunities as everyone else in the team to travel which certainly helped my development.

    4/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Sports and Social Club

    Company Parties/Events

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • Very good. I got a job offer from them! Furthermore, BOE operates a system where most employees are promoted every year, so prospects are very promising within the firm.

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Yes. The other interns were quite social, going to pubs and other places regularly. BOE also organises regular social events in the pub next door to the office, and staff were also regularly bringing donuts into the office to improve the atmosphere and make it move fun.

    4/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • London is very expensive but I think you will always find an place with reasonable price.

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • Its London. You can find anything you want.

    5/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • Events such as white collar boxing has been set up, 'ride the nation', (a cycling event to raise money for charity) as well as marathons, pilates etc. Within the city there is also plenty to do with loads of sports clubs in the local area.

    4/5

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Details

Internship (1 Month+)

London

June 2015


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