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Policy Adviser

3 months ago


Darlington, Darlington, United Kingdom HM Treasury Full time

Details:

Reference number:

Salary:

- £39,500
  • A Civil Service Pension with an average employer contribution of 27%
    Job grade:
  • Senior Executive Officer
    Contract type:
  • Permanent
    Business area:
  • HMT
  • Financial Services
    Type of role:
  • Policy
    Working pattern:
  • Flexible working, Fulltime, Parttime
    Number of jobs available:
  • 1Contents
Location

About the job

Benefits:

Things you need to know

Location

  • This post is based in Darlington (Feethams House). Minimum of 60% attendance in the Darlington office this role cannot be worked from any other HM Treasury office.
About the job

Job summary:

HM Treasury


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.


Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.

- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, gender, age ethnicity, LGBT+ identity and socio-economic status.


We are part of the Darlington Economic Campus, a pioneering new cross-government hub which brings people together to play an active role in the most important issues of the day whilst working closer to the communities we serve.

The campus provides the opportunity for people from all over the UK to help shape the future of the country, and our flexible working practices ensure you can collaborate effectively with our partners.

It's central government, made more accessible to you

Job description:

Financial Services Group


The Financial Services Group advises the government on how to promote a stable and efficient financial services sector, to deliver excellent outcomes for consumers and business, enhance the UK's position as a global hub for financial services and support economic growth across the country.


The financial services sector is important to the UK economy - providing significant numbers of jobs and making a large contribution to the UK's economic output.

It also provides essential services to individuals - for example, helping them to purchase goods with ease, buy their first home, and plan for their retirement.

During the COVID pandemic, it played a critical role in supporting individuals and businesses - for example, in providing payment holidays for individuals and businesses affected by the pandemic and working with the government to deliver Bounce Back Loans.

We ensure that financial services businesses such as banks, investment firms, financial advisors and insurers are well-regulated.

Ensuring firms treat customers fairly, customers have access to a range of financial services as a result of competition in the market, and there are appropriate remedies in place when things go wrong.


We work on a significant international agenda which includes promoting openness and trading links between the UK and countries all around the world, including through Free Trade Agreements and other international dialogues and negotiations.

To do this we work closely with colleagues in offices overseas from the Foreign Commonwealth & Development Office and the Department for International Trade.


Working with stakeholders is key in Financial Services - for example, we work closely with the independent regulators to help them fulfil their roles, consult consumer groups on issues affecting them, and work with the sector on wider issues like the net-zero agenda.


Securities and Markets (SAM)


We develop policy on matters relating to the competitiveness, regulation and, and good functioning of the UK's financial markets, to support UK growth.

The range of our work is wide, from formulating the laws and regulations which govern the behaviour of investment bankers and traders, to ensuring that UK financial markets continue to attract the best UK and overseas companies and are a powerful driver for economic growth.


One of our most immediate objectives is to implement reforms to our capital markets now that the UK has left the EU, to ensure our regime works for UK markets and UK firms.

This involves interesting policy work, considering from first principles what is appropriate to meet our goals.

As part of this, we work closely with teams across HMT and Government, with industry, think tanks and with the regulators.

In particular, the team works closely with colleagues in the Bank of England, the Financial Conduct Authority, and UK missions around the world.

We also heavily engage with the financial services sector, from major investment banks