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Deputy Director, Economic Risks and Analytical Projects Unit

1 month ago

London, Greater London, United Kingdom HM TREASURY Full time

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. If this sounds like you, we'd love to hear from you

About the team

The Economics Group leads HM Treasury's analysis of developments in the UK economy and advises ministers on the implications for the Government's economic strategy and the effect of policy on growth, inflation, the labour market, investment, and trade.

Sitting within the group, our Economic Risks team works flexibly and collaboratively across HM Treasury and other departments to improve the risk management process. The team influences policy and strategy through expert modelling and analytical capabilities on a wide range of risks to the economy. We also play a central role in analysing a range of macroeconomic risks, including long term impacts such as climate change.

Our Analytical Projects unit is a cross-departmental project pool that provides analytical expertise on some of our most critical projects. We are deployed on projects covering a diverse set of public policy issues across the entire economic and policy work of HM Treasury.

About the role

Key accountabilities

  1. Lead and set the strategy for a diverse, inclusive and impactful team, providing support for and guidance to direct reports, safeguarding wellbeing and resilience and promoting management excellence.
  2. Provide dynamic thought leadership across the department on risks relevant to the economy and how economic policy should respond to them.
  3. Partner with the relevant policy teams to ensure advice on policy measures reflects the latest understanding of both short term economics risks and long term structural trends and in doing so craft a coherent policy response.
  4. Drive forward development and implementation of the Economic and Fiscal Risk Fund, building collaborative relationships with other government departments to improve impact.
  5. Provide regular reporting to HM Treasury's Executive Management Board on Economic Risks and suggest actions to mitigate or respond to them.

    For a full list of accountabilities, please follow the apply link.

    About you

     Our ideal candidate will need to hold a degree level qualification in economics or equivalent experience, You will show evidence of outstanding judgement in analysis and/or policy making in uncertain environments. You'll have a successful track record of dynamically leading and motivating teams as well as promoting wellbeing, management excellence, diversity and inclusion. You'll be able to build positive relationships based on mutual respect and admiration, utilising these to deliver tangible results. Lastly, you'll be able to influence at all levels, demonstrating credibility of judgement and excellent communication skills.

    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
  6. 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 recruitment team at