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Head of Indirect Effects
3 months ago
Are you looking for an exciting opportunity to play a central role in UK Macroeconomic issues within a team that is dedicated to providing expert analysis to support policy development? Then we have the role for you
About the Team
The Macroeconomic Assessment Team is at the core of HM Treasury’s function as an economics Ministry. We are a friendly, supportive and inclusive team who work collaboratively to deliver our objective of providing expert macroeconomic analysis to support policy development.
We play a central role in analysing developments in the UK economy and risks to the outlook. We seek to produce high quality and influential macroeconomic analysis, working with colleagues across the department and the Office for Budget Responsibility. We are committed to ensuring the team is a fun, engaging and friendly place to work, where everyone is supported to develop and progress
About the Job
In this role, you will:
- Lead on the indirect effects process, assessing the macroeconomic impact of the government’s policy package at fiscal events, coordinating the work of a wide network of analysts and policy colleagues.
- Work closely with the OBR, providing them with the analysis necessary to incorporate the economic effects of policies into their forecast.
- Communicate to senior officials, special advisers, and Ministers how government policies affect the forecast.
- Work with colleagues from the Fiscal Group to understand how the economic effects of policies affect the fiscal position and policy.
- Identify and build strong collaborative partnerships with policy and analytical colleagues across the department, ensuring economic analysis is accurate and timely.
- Further develop the team’s macroeconomic model and advise on the development of the suite of models used across the department for assessing the economic impacts of policy.
- Manage and develop an assistant economist - provide leadership, support and stretching opportunities.
This is an exciting and influential role, providing you an opportunity to work across a wide range of UK macroeconomic issues and the wider policy-making process. Your work will have a direct impact on shaping government policies and ensuring their successful implementation.
About You
We encourage applications from candidates who may have less experience in some of the required criteria but are curious and willing to develop their understanding. Training and support can be provided on-the-job.
To be successful in this position, you should possess the following qualifications and skills:
- An undergraduate degree in economics or related subject area.
- The ability to structure, plan and prioritise to deliver consistently high quality work on time.
- Excellent organisational skills with the ability to structure, plan, and prioritise work effectively.
- Effective communication skills, including the ability to distil key messages and uncertainties from technical work and convey them clearly to senior officials and ministers. An ability to work collaboratively with others and build effective working relationships to deliver joint objectives.
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)
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 at hrrecruitment@hmtreasury.gov.uk.
