Bank of London
CHAPS Implementation Lead

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Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.
Office Location: London | Hybrid (3 days in office per week)
- You must have strong understanding and experience of the CHAPS scheme, ideally in a project leadership or senior delivery role
- You are comfortable working independently to shape gap analysis, programme design and implementation requirements, liaising with technical, operational and oversight teams as required
- You have excellent understanding of UK Banking and Payments, including key regulatory requirements in Risk Management, Governance, Operational Resilience and Supplier Management
- You are comfortable wearing multiple hats - from programme management to business analysis - and getting stuck into the detail where needed
- You bring a structured approach to your work, with clear communication style, early identification of risks and issues, and a pragmatic approach to problem solving
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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Bank of London has started the process to become a direct participant of the CHAPS payment scheme. We’re looking for an implementation lead who can design, initiate and lead the programme. You’ll use your previous experience of CHAPS and UK Banking to lead cross-functional gap analysis, identify delivery requirements and lead the implementation.
You’ll work closely with internal teams across the Bank – from senior management through to end-users – as well as liaising directly with the CHAPS onboarding team at the Bank of England.


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Benefits:
- Competitive salary package
- 25 days annual leave plus Bank Holidays
- Holiday allowance that increases with length of service
- Birthday leave
- Enhanced company pension offering (up to 20% salary sacrifice)
- Competitive sick pay
- Life Assurance - 4x annual salary
- Critical Illness Insurance
- Private Medical Insurance with comprehensive cover for you and your family
- Personal Benefits Allowance to purchase Salary Sacrifice Benefits (Cycle to Work, PG Protect, Dental Insurance)
- 24/7 GP service, virtual physiotherapy, eye care, prescriptions, and health apps.
- Digital counselling, virtual mental health support and Employee Assistance Programme
- Digital fitness classes and discounted gym memberships.
- Market leading parental leave
- Fresh daily fruit and snack
- Bi-weekly office breakfasts
- Peer-to-peer recognition programme with monthly value awards
- Clear goals and performance development framework
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