Assistant Economist – Global and Cross-Cutting Risks
Job Summary
Working Pattern:
Full time
Advert Start Date:
11/04/2024
Advert End Date:
Closed for applications on 28/04/2024 23:55
Salary:
London: £42,500 - £48,720 / National: £39,500 - £45,720
Job Category:
Policy/ Research
Employment Location:
This post can be based in London or Darlington
Further Information
Are you a keen problem solver, interested in investigating the big financial stability issues of the day? If so, this may be the job for you!
About the Team
Financial Stability Strategy and Analysis (FSSA) is a friendly and inclusive team in the Treasury’s Financial Stability Group. It is staffed with around twenty-five economists and policy advisers, and has a broad and diverse remit, covering both domestic and international financial stability issues.
The team monitors and assesses system-wide financial stability risks. This includes the health of the banking sector, non-bank financial intermediaries, and funding markets. It reports on key risks to the Treasury’s Executive Management Board and co-leads the Treasury’s Economic Risks Group.
About the Job
In this exciting and varied role, you’ll work with a team of analysts as we explore developing and important risks to the UK financial system. Areas of focus will include risks relating to climate change, the growing use of AI, geopolitical developments and other topical challenges.
Within the role you’ll be responsible for conducting new research and maintaining relationships across the Treasury and the UK financial regulators.
Key accountabilities include:
- Producing and disseminating core briefing and market monitoring products.
- Owning the workplan for specific risk areas, including determining and presenting risk assessments and recommendations to senior officials.
- Independently scoping and delivering tailored analysis and recommendations on topical and multifaceted issues.
- Maintaining strong relationships with colleagues across Government and the UK’s financial regulators (particularly the Bank of England and Financial Conduct Authority) to help promote and strategically progress Treasury objectives.
- Co-ordinating regular senior-level risk meetings as part of the Economic Risk Group secretariat.
Interested post-holders will also have the opportunity to develop their analytical skills using Bloomberg and relevant data science tools.
About You
The successful candidate will have the ability to:
- Scope out and direct original analysis, pulling conclusions from complex and/or incomplete data.
- Explain complex economic or financial analysis and evidence succinctly and persuasively.
- Create and maintain a strong network of contacts across the organisation and externally.
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 regardless of disability, ethnicity, LGBT+ identity and socio-economic status.
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 27%
- 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 (e.g. women in the Treasury, ethnic minority network, LGBT* network, faith and belief network)
For more information about the Treasury, role, salary, benefits, who to contact 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 at hrrecruitment@hmtreasury.gov.uk
Please note
This job is closed for applications.