If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth!
About the Team The Public Appointments & Corporate Governance Team is a recently created team within the Ministerial and Communications Group that is led by an E2 (this role), and consist of two branches: The Corporate Governance branch, which is an established team consisting of a Head of Governance, two governance officers and a conflicts officer. Together they play a critical role in enabling the strategic oversight of the department, overseeing all aspects of the department’s governance processes, including acting as the secretariat to the Executive Management Board and Treasury Board and their sub-committees, and owning the relationship with departmental non-executive directors. The Public Appointments branch, which consists of three other individuals, who provide a centre of expertise on public appointments within HMT and guide the process for all the appointments HMT is responsible for, including some of the most high-profile roles with huge national significance, such as the Governor of the Bank of England.
About the Job In this role, key responsibilities will include: 1. Providing inclusive and effective leadership and management to the Public Appointments and Corporate Governance Team, as well as supportive line management of four DGs’ private offices. Together this will mean line management or countersigning management of fifteen people of varying grades. These are distinct teams, and strong leadership will be required to build a unified and supporting team culture. 2. Leading all aspects of the public appointments process to ensure that all appointments are completed effectively and in line with best practice, also leading on engagement with the Cabinet Office and the Commissioner for Public Appointments. Working closely with ministers, special advisers, and No.10 to secure the best candidates in the necessary timeframes. 3. Being responsible for the Corporate Governance team – working with the Executive Management Board to ensure that the department’s governance is effective and that the relevant boards and committees are operating in a joined up and strategic manner, discussing pertinent issues at the right times. 4. Playing a key part in the overall leadership of the expanded Leadership & Governance team. Working with the (Deputy Director) Chief of Staff and Private Secretary to the Permanent Secretary, this individual will develop the culture and ethos of the L&G team, ensuring an inclusive and encouraging atmosphere where everyone feels motivated and able to deliver. 5. Contributing to the Ministerial and Communications group’s corporate agenda, including building a supportive and inclusive team culture for all those in the group based in Darlington. The post holder will also contribute to the development of the wider Darlington Economic Campus, through active membership of the Campus Senior Leadership Team.
About You This role will also play a key part in the leadership of the Ministerial & Communications Group. You will be an active member of the Group Management Team and will particularly be expected to provide corporate leadership to those based in Darlington, where you will be the most senior member of the group. You will need to have proven ability of leading a team and motivating large and diverse members. You must be able to independently make sound judgements about a wide range of issues and communicate and defend these to senior members of the team. You will need to be an excellent communicator with the ability to deliver your objectives. HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, ethnicity, LGBT+ identity and socio-economic status.
Some of the Benefits our people love! · 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month. · Flexible working patterns (part-time, job-share, compressed hours). · Generous parental leave and adoption leave packages. · A Pension which provides an attractive pension, benefits for dependants and average employer contributions of 28% · Access to a cycle-to-work salary sacrifice scheme and season ticket advances. · A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes. · Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping. · A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
Do you want to advise ministers on promoting and protecting the UK’s economy and its competitiveness internationally in a fast-changing environment? If so, we'd love to hear from you!
About the Team The International Financing and Development (IFD) team leads on official development assistance (ODA) spending, strategy issues and important global economic policy issues. We are a friendly, inclusive, and encouraging team, who encourage a positive, flexible, and open work environment, working closely and collaboratively to produce consistently high-quality work.
About the Role We are looking for someone to join us in the International Debt branch, where you will help develop policy on key international debt issues in collaboration with other government departments. With debt vulnerabilities in developing countries at record levels, the approach to resolving debt issues internationally is at the forefront of global discussions. This is an exciting time to join the branch, as we sit at the heart of providing policy advice to senior officials and Ministers on this significant range of issues.
Key accountabilities Develop the UK’s policy position on sovereign debt policy issues, such as shaping our policy on efforts to deepen restructurings under the G20’s Common Framework, inputting to Chancellor and DG/Director level briefings for the G20, G7, IMF, World Bank, and Paris Club. Develop, coordinate and deliver our approach to securing wide uptake of Majority Voting Provisions (innovations in debt contracts to make restructurings more efficient) by private lenders, using all relevant international meetings and summits. Lead on the nexus between debt and climate for the team, including working with international climate leads to shape and defend the UK’s positions on debt as part of international climate negotiations. Provide policy advice on specific debt country cases, understanding in detail their debt situations and providing strategic advice in line with UK debt objectives, collaborating with our partners in FCDO and UK Export Finance (UKEF). Support the UK Head of Delegation to the Paris Club at regular meetings, including providing briefing and readouts to share across the UK international network.
For a full list of accountabilities, please follow the apply link.
About you Our ideal candidate will have strong interpersonal communication skills to develop positive working relationships and collaboratively deliver objectives. You’ll be able to evaluate a range of evidence to make effective decisions or recommendations. Lastly, you’ll be comfortable working autonomously to prioritise competing tasks.
About us HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances.
Some of the Benefits our people love! 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month. Flexible working patterns (part-time, job-share, compressed hours). Generous parental leave and adoption leave packages. A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27% Access to a cycle-to-work salary sacrifice scheme and season ticket advances. A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes. Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping. A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity Access to a range of allowances if eligibility applies. These include profession related allowances.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the HM Treasury recruitment team.
If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth.
About the Team
Fiscal Statistics and Policy (FSP) is a team of analysts and policy professionals, that plays a key role at the centre of the Treasury’s policymaking! We closely monitor the public finances, jointly producing the monthly Public Sector Finances (PSF) statistical release with the Office for National Statistics (ONS). The team produces risk, forecasting and scenario analysis on the fiscal position, identifying issues and providing analysis on the Office for Budget Responsibility’s (OBR) forecasts as necessary.
We provide advice to the Chancellor on the fiscal framework and, work very closely with other Treasury central fiscal teams, on the fiscal policy judgement at each fiscal event. The team has a key representational role on UK fiscal policy, promoting and defending it to external collaborators including the International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD) and Credit Rating Agencies. FSP is also the departmental sponsor of the relationship with the OBR. Acting both as its primary customer and relationship manager, and also fulfilling governance roles including handling appointments to the Budget Responsibility Committee. We are a friendly team who are proud of our diversity.
About the Job In this role, you will: Develop and utilise an understanding of fiscal economics to provide flexible input into, and influence, policymaking. Build an understanding of more technical economic aspects of fiscal analysis. Conduct economic research on a variety of policy questions critical to strategic UK fiscal policy. Examples of areas that the unit’s analysis is currently, or will be involved in, include the probabilities of meeting fiscal rules, the medium- to long-run fiscal implications of public investment and external imbalances. Ensure that non-specialists can engage with this research. Play a fundamental role in the development and maintenance of Fiscal Group’s economic modelling capability. Examples may include building increased capability to analyse both short- and long-run fiscal scenarios or utilising the Treasury’s new overlapping generations macroeconomic model. Given the fast paced nature of the team’s work, as the SEO subject matter expert, the successful candidate will be able to flexibly support colleagues working on a range of topics to ensure the team can operate efficiently, including analysis on long-run fiscal pressures. Build positive relationships via collaboration with colleagues across the Treasury to identify and develop targeted analysis to inform policy development, and with the OBR and international organisations.
The post sits within the Fiscal Statistics and Policy team - a team of analysts and policy advisors that advise ministers on both current and future fiscal policy. Within this, the Fiscal Economics and Sustainability unit has a crucial position in providing timely, quality analysis to input into the most critical fiscal policy issues of the time and ensure decisions reflect the best available evidence.
To do this we work with teams across the Treasury, other government departments (OGDs), the UK’s independent fiscal watchdog (OBR), international organisations and academia to draw on a range of perspectives to influence medium- and long-run fiscal strategy. The unit uses a range of quantitative and qualitative analysis to do this.
About You This post will suit candidates with excellent analytical skills who are looking for a diverse portfolio and to sit at the centre of UK economic and fiscal policymaking. An analytical degree is essential, but in-depth knowledge about public finances is not expected. We are seeking someone who would be willing and interested in developing an understanding of the public finances and applying it to pressing policy questions. The post holder will need to be a hard-working learner, delivering high-quality analysis and building their own and the team’s capacity and capability, becoming the SEO subject matter expert.
Some of the Benefits our people love! 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month Flexible working patterns (part-time, job-share, condensed hours) Generous parental and adoption leave packages Access to a generous Defined Benefit pension scheme with employer contributions of 28.97% Access to a cycle-to-work salary sacrifice scheme and season ticket advances A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity For more information about the role and how to apply, please follow the apply link.
Are you looking to join a friendly, inclusive and hardworking team, working at the heart of Government's welfare spending and strategy? If so, we'd love to hear from you!
About the team The Welfare Spending and Reform team (WSR) are the spending team for the Department for Work and Pensions (DWP), which makes up more than 20% of all government expenditure. We work on high-profile and sophisticated policy and spending priorities for working age benefits, including Child Benefit, disability benefits, Housing Benefit and Universal Credit. Our team has an excellent team spirit and are committed to diversity, inclusion and personal development.
About the role Universal Credit (UC) is the main benefit supporting working age adults on low incomes and costs around £80 billion a year. Working on this in HM Treasury, we are at the heart of policy and spending decisions that affect the living standards of millions. We also have a meaningful role in managing government spending and improving economic growth by supporting people in work.
Key accountabilities include: Develop the expertise of yourself and your team so you can act as HM Treasury’s key point of contact on UC policies. Lead HM Treasury’s work around the fraud and error in the benefits system which cost £9.7bn in 2023/24. Jointly run senior stocktake meetings between HM Treasury and DWP to supervise delivery of programmes recovering these losses and encourage a shift towards prevention. Advise HM Treasury Ministers on welfare spending options that can contribute to the government’s ambition to reduce levels of child poverty over this Parliament. As part of the welfare spending team, coordinate spending control and approvals connected to Universal Credit. Manage two staff to ensure they deliver timely and good quality work and that you support their personal development. Acting as part of the team leadership, alongside the team’s other Range Es (Grade 7s) and Range E2s (Grade 6s).
About you Our successful candidate will have strong, evidence-based decision-making skills, effective collaboration skills, including knowing when to challenge and when to compromise, and lastly, the ability to lead the delivery of timely and high-quality outcomes from both your line management chain, and wider team.
About us HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances.
Some of the Benefits our people love! 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month. Flexible working patterns (part-time, job-share, compressed hours). Generous parental leave and adoption leave packages. A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27% Access to a cycle-to-work salary sacrifice scheme and season ticket advances. A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes. Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping. A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity Access to a range of allowances if eligibility applies. These include profession related allowances.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the HM Treasury recruitment team.
Are you looking for a great opportunity to work in a high-profile area with analytical challenge? If so, this could be the role for you!
About the Team The Labour Markets and Distributional Analysis team is a friendly team of around 30 outstanding analysts and policy makers located across London and Darlington offices. We seek to bring together an understanding of and advise on policy development related to households’ living standards, distributional analysis across different financial and demographic characteristics, and labour market outcomes. The work is at the centre of the government’s priorities to boost growth and overcome obstacles to opportunity.
HM Treasury’s Labour Market Analysis team conducts microeconomic analysis of the labour market, with a particular focus on employment policy, the labour market impacts of tax and social security policy, labour market regulation and the minimum wage.
We play an important role at fiscal events (such as Spending Reviews and Budgets), in informing ministers on the economic impacts of policy decisions. For example, our team’s Labour Supply Model – co-owned with the Office for Budget Responsibility (OBR) – has provided the evidence base at recent fiscal events for OBR judgements about the impact of policy on the supply side of the economy. The team’s work is also an important contributor to the Chancellor’s focus on the government’s Growth Mission and receives frequent ministerial interest in light on this.
About the Job In this role, you will: · Lead HM Treasury’s microeconomic analysis of the National Living Wage and Minimum Wage, providing expert advice to policy officials and ministers on the policy’s impact on the economy. · Provide timely economic analysis and advice to HM Treasury on the impacts of social security policies and conditionality, as well as active labour market policies, often at a rapid pace. · Contribute to evaluation of the real-world impacts of policies within the OBR and HM Treasury’s ongoing programme of policy monitoring and evaluation. · Communicate analysis effectively, briefing senior officials, Ministers, and others. · Line-manage 1-2 assistant economists, and work flexibly within a wider team of analysts, including close working with macroeconomist colleagues within HM Treasury and counterparts in other government departments. · Build networks across HM Treasury, other government departments and external research organisations and academia, to ensure influence and a strong evidence base for the team’s work.
About You For this role, analytical skills are what we are looking for above all; you don’t need to have been a civil servant or have advised ministers before. The relevant expertise could have been gained in academia, industry, or the charity sector, for example.
Some of the Benefits our people love! · 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month · Flexible working patterns (part-time, job-share, condensed hours) · Generous parental and adoption leave packages · Access to a generous Defined Benefit pension scheme with employer contributions of 28% · Access to a cycle-to-work salary sacrifice scheme and season ticket advances · A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form.
Are you looking for a fascinating and high-profile role, leading HM Treasury policy on Government's innovation priorities? If so, we'd love to hear from you!
About the Team Science, innovation, and digital technology transform how we live and work. This opens up new possibilities for driving economic growth, improving efficiency, and generating high-skilled employment. The Science, Technology & Access to Finance (STAF) team leads work in the Treasury on how the UK can make the most of this opportunity.
Our role is to coordinate HM Treasury's collaboration with DSIT and develop HM Treasury's strategy for the digital technology sector. We formulate policies for priority technologies such as AI, quantum, and semiconductors. Additionally, we work towards improving access to finance for small and medium-sized businesses across the country, with a particular focus on attracting more investments to the UK's most innovative companies.
About the Role Leading a team of 20 to advise Treasury Ministers on driving innovation and technology adoption for a future economy, you'll help to shape the digital economy's future and keep the UK at the forefront of technology.
key accountabilities Leading HM Treasury’s spending and policy oversight of DSIT, spearheading discussions with DSIT as part of phase 2 of the Spending Review. Setting HM Treasury strategy for the digital economy to support the development and adoption of frontier technologies like AI while managing risks. Growing UK tech leadership, steering HM Treasury's relationship with the tech sector and ensuring cross-cutting policies respond to the needs of the digital economy. Leading policy on science and innovation, ensuring government policy and spending improve the contribution of the UK’s world-leading R&D strengths to the government’s growth and other missions. Collaborating with DBT to achieve the government’s goal of reforming and empowering the British Business Bank. Establish and nurture relationships with senior collaborators in government, such as DSIT, DBT, Cabinet Office, and No.10, as well as with external partners in business and academia. Creating an encouraging and inclusive team culture with a strong delivery ethos.
About you Our ideal candidate will have a successful track record of providing inclusive and high-quality leadership to a busy team. You’ll also have good experience of developing strong and impactful relationships across teams and departments, allowing you to influence effectively and find a way through differences. Lastly, you’ll be skilled at leading teams to successfully evaluate ambiguous and/or uncertain evidence to develop clear and actionable advice for senior decision makers.
About us HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances.
Some of the Benefits our people love! 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month. Flexible working patterns (part-time, job-share, compressed hours). Generous parental leave and adoption leave packages. A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27% Access to a cycle-to-work salary sacrifice scheme and season ticket advances. A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes. Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping. A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity Access to a range of allowances if eligibility applies. These include profession related allowances.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the HM Treasury recruitment team.
If you’re interested in making a difference to people’s lives, HM Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK!
About the Team The Banking and Credit Team (BAC) is a high-profile, friendly and encouraging team of about 20 people with interests across a range of important financial services issues. HM Treasury's flagship Women in Finance Charter (the Charter) reflects Government’s ambition to see better gender balance in senior roles across the financial services sector. We work closely with many other teams across HM Treasury, other government departments and with a wide range of external collaborators. The Charter has attracted attention from around the world since its inception in 2016 and has encouraged similar initiatives in other countries.
About the Role We are looking for a Policy Adviser to join us in this varied and high-profile role. You will have significant ministerial and senior industry engagement, and will lead on developing a strategy to promote the Charter and drive industry accountability to meeting their Charter commitments. To do this, you'll maintain positive relationships with key industry leaders and delivery partners within and outside of government, and contribute to HM Treasury’s international engagements. You will also be responsible for ensuring effective and efficient administration around the Charter. Depending on your experience, there may also be opportunities to task-manage others in this role.
Key accountabilities Proactively driving forward the development and delivery of the Women in Finance Charter policy work and engagement strategy. Leading external and cross-government collaboration on the Charter. Providing high-quality support for senior and ministerial engagement, including written and verbal briefings as well as joining ministerial meetings. Leading on the administration of the Charter, including handling the Charter inbox, answering general queries in a timely fashion, onboarding new signatories, and maintaining accurate records. Contributing to the successful delivery of the Charter’s annual review report and launch event by reviewing signatory data forms; working effectively with our data partner organisation to finalise the report and craft the launch event; and drafting speeches, external communications, and ministerial briefings. Supporting HM Treasury's international engagement on Women in Finance, working with international policy leads to develop events and input into briefings as appropriate.
About you Our ideal candidate will be skilled at making evidence-based decisions. You'll have strong communication skills, both written and verbal, as well as the ability to work autonomously to deliver high-quality work in the face of a dynamic work environment. Lastly, you'll be able to remain alert to emerging issues and trends which may impact your work and wider departmental priorities. If this sounds like you, we'd love to hear from you!
About us HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances.
Some of the Benefits our people love! 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month. Flexible working patterns (part-time, job-share, compressed hours). Generous parental leave and adoption leave packages. A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27% Access to a cycle-to-work salary sacrifice scheme and season ticket advances. A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes. Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping. A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity Access to a range of allowances if eligibility applies. These include profession related allowances.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the HM Treasury recruitment team.
Are you looking for an exciting, varied, and unique leadership role with lots of freedom and opportunity to influence the delivery of the country’s key infrastructure projects, with regular Ministerial engagement ? If so, we’d love to hear from you!
About the Team The Transport team is a friendly, energetic, and supportive team! We are responsible for managing the Treasury’s interests in transport policy. We do this both as a finance ministry, managing costs and making sure our spending on transport delivers good value for taxpayers; and as the UK’s economics ministry, ensuring that our infrastructure investments contribute to a strong and growing economy. We are outward-looking to the Department for Transport (DfT), which has one of the biggest capital budgets in Government.
We have a strong commitment to diversity and inclusion, welcoming those with both HM Treasury and non-Treasury experience. We are fully committed to developing our team members and helping them grow.
About the Job Key accountabilities include: 1. Leading HMT oversight of major transport projects. Each branch member leads on 2 - 3 specific projects. You will take an overarching view of the portfolio, and help your team advise Ministers on strategic decisions, risks or issues, and work with DfT to negotiate and develop policy proposals. You will support the branch on specific spending approvals (such as gateways for major projects to look at whether they are ready to move to the next stage); and on individual budgets (e.g. how spending is profiled across its lifetime; how it is spent in-year; and what level of contingency to allocate, given the complexity and risks that many projects carry.) 2. Lead HMT oversight of HS2 Phase One (London to Birmingham). The remaining phase of HS2 is well underway. Inflation and other issues have posed significant challenges to the programme’s delivery. You will work closely with DfT, the Infrastructure and Projects Authority, HS2 Ltd, and internal HMT teams to advise Ministers on decisions to enable cost-effective delivery. 3. Determine the strategy and funding settlement for major transport projects. You will set the Treasury’s strategy at the second phase of the Spending Review, aligning with work on the 10 Year Infrastructure Strategy, to ensure safe and efficient delivery of the major projects in the portfolio for the medium to long term. 4. Policy and major project leadership . Be responsible for policy leadership for the team and wider Treasury. You will be a thought leader on major projects, sharing best practice and seeking to improve how we approach and deliver major transport projects (e.g. through private and innovative financing models, streamlining business case processes etc).
About You Some prior experience of either infrastructure policy, major programme delivery, infrastructure finance and/or spending control is required for the role. However, you will not be required to demonstrate experience in all of these areas.
You will be able to able to lead a complex and fast-paced portfolio, identify and manage risks, capitalise on opportunities, and solve problems; use judgement and strategic thinking to secure wider team and organisational objectives while working with others. You will have strong leadership and management of a team across a diverse range of issues and in a changing external environment, demonstrating a clear commitment to inclusion, development, and support. You will deal with a wide range of complex and uncertain information to make timely and reasonable decisions, which take long-term impacts into account.
Some of the Benefits our people love! · 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month · Flexible working patterns (part-time, job-share, condensed hours) · Generous parental and adoption leave packages · Access to a generous Defined Benefit pension scheme with employer contributions of 28% · Access to a cycle-to-work salary sacrifice scheme and season ticket advances · A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form.
Are you looking for a stretching and high profile role with the opportunity to shape Government policy in a wide-ranging and fast-paced area? If so, we'd love to hear from you!
About the Team The Prudential and Sustainability Team has a varied and high profile remit. We develop policy on prudential regulation and sustainable finance. The team has taken forward significant amounts of legislation in the last few months, including the Chancellor’s announcement on of the UK’s approach to the final post-crisis reforms brought in following the financial crisis. We are making significant changes to how UK banks and investment firms can operate in overseas jurisdictions, significantly affecting the UK’s international trade. We are also delivering significant work to amend legislation which was inherited from the UK’s membership of the EU, this is to ensure legislation operates effectively for the financial services sector.
About the Job In this role, you will: Maintain a strong understanding of technical financial services (prudential) regulation, to support the Prudential Regulation Authority in developing this regulation, taking into account the Government’s economic objectives. Support the application of the Smarter Regulatory Framework by collaborating with legal advisors to prepare legislation that transfers bank capital and liquidity regulation to regulator rulebooks, thereby delivering prudential reforms. Support the direction for, and delivering, policy development regarding overseas regimes related to capital regulation. Support policy development related to securitisation, including advising seniors and ministers on legislative requirements to support regulator rulemaking. Engage with the Prudential Regulation Authority, Financial Conduct Authority, industry, and teams across the Treasury, building strong relationships to support policy making.
This is an exciting, multi-layered role at the heart of economic and financial policymaking at a time when the legislative landscape is fundamentally evolving. This role will provide you with the opportunity to develop meaningful policy, legislative, and project delivery skills.
About You This role will suit you if you have good communication skills to enable you to provide the best quality advice to seniors and the ministerial team; strong interpersonal skills to be able to take forward challenging long-term policy projects while delivering short-term tasks – such as briefing requests, at pace. You should also have the ability to develop and maintain working relationships with internal and external partners to support and influence policy development, as well as sound judgement to make effective policy decisions and progress policy work in a fast paced environment.
Some of the Benefits our people love! 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month Flexible working patterns (part-time, job-share, condensed hours) Generous parental and adoption leave packages Access to a generous Defined Benefit pension scheme with employer contributions of 28.97% Access to a cycle-to-work salary sacrifice scheme and season ticket advances A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
For more information about the role and how to apply, please follow the apply link.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team.
Do you have the necessary skills and expertise to lead a team responsible for overarching policy in HM Treasury on government’s role as the insurer of last resort in the economy and managing the approval of major new contingent liabilities ? If so, we’d love to hear from you!
About the Team The Balance Sheet Team leads work to improve analysis, policy, and risk management across trillions of pounds of assets and liabilities owned by government. It also leads on policy advice for new balance sheet interventions such as guarantees, loans and equity investments. This is an innovative area for fiscal policy and central to the Treasury’s role as a finance and economics ministry. We draw on a diverse network, including international institutions, colleagues across Treasury and departments, utilising expertise from across the public sector.
The team (composed of 13 people) is split into four branches: Frameworks, Capital Assets and Metrics; Financial Assets and Investments; Contingent and Implicit Liabilities and Balance Sheet Management
The importance of our work has been underlined by an increasing focus on the balance sheet in fiscal policy and the growing use of balance sheet interventions, such as during the Covid-19 pandemic and energy price shock. Over the past year, the team have led work to support the decision by the Chancellor to target a broader measure of debt in the fiscal rules, developed a new framework for managing financial investments published at Budget, and have been part of various major policy decisions on issues varying from the financing of Sizewell C nuclear power station to the government’s fiscal support for Ukraine. To better limit government’s fiscal exposure to shocks in the future, the team is developing an ambitious new area of fiscal policy to manage government’s implicit liabilities.
About the Job In this role, you will be responsible for: · Appraising new and novel schemes that incur contingent liabilities and managing the Treasury approval process for new contingent liabilities. This will involve developing a broad stakeholder network across the department and advising Ministers, policy leads and senior officials. Recent examples of new contingent liabilities the team have been involved in advising on include indemnities to support the UK’s £22bn investment in Carbon Capture, Usage and Storage and guarantees to provide fiscal support to Ukraine. · Developing a new policy approach to manage implicit liabilities across government , including advising the Chief Secretary to the Treasury on policy design and implementation. This will involve developing a broad understanding of the different areas that government provides implicit insurance, working with Treasury spending teams and departments to lead policy deep dives (e.g. on airline and travel insurance), and leading the publication of a new framework. The team’s work here is world-leading in expanding the boundaries of fiscal management. · Evolving government’s overarching control of contingent liabilities , including considering potential top-down constraints on government’s maximum fiscal exposure to risks and how we can increasingly manage government’s stock of contingent liabilities as an overall portfolio. This will support Treasury ministers when considering whether to enter into new commitments (e.g. guarantee schemes to support infrastructure financing) or exit existing interventions.
About You This is a developing area of work with significant reach across the Treasury’s fiscal and economic policy responsibilities, so the post-holder will be able to have a substantial policy impact and shape the role to their interests.
You will have experience of working with economics principles and/or have experience of working on public spending issues. You are able to use evidence and analysis to come to a sound judgement on complex policy or analytical problems, particularly when faced with an uncertain context; build strong relationships across a range of internal and external stakeholders, collaborate effectively, and influence others to achieve outcomes and lead challenging pieces of work to tight deadlines and balance a mix of competing short- and long-term work priorities.
Some of the Benefits our people love! · 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month · Flexible working patterns (part-time, job-share, condensed hours) · Generous parental and adoption leave packages · Access to a generous Defined Benefit pension scheme with employer contributions of 28% · Access to a cycle-to-work salary sacrifice scheme and season ticket advances · A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form.
