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Economic Advisor – Economic Security and Resilience

2 months ago

Darlington, Darlington, United Kingdom HM Treasury Full time
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 Economic Security and Resilience (ES&R) Team in EGU covers high-profile and constantly evolving policy areas. We are a friendly, collaborative, and impactful team, comprised of around 17 people.

ES&R works to enable resilient and secure economic growth in an evolving geopolitical environment by:
Ensuring that resilience and security risks are embedded in the development of economic and growth policy within HM Treasury.Championing prosperity and growth in the development of economic security and resilience policy across Government, by ensuring proportionality and consideration of economic impacts.
Creating the environment that enables businesses and the public sector to respond to economic-based threats to national security and reduce supply chain vulnerabilities.

About the Job

You will:
Use big picture economic understanding to address macro security and resilience trends, creatively shaping policy by helping to answer foundational questions at the intersection of prosperity and security:
a: What can microeconomic theory tell us about the trade-offs between efficiency and resilience in UK supply chain resilience policy?

b. What is the economic impact of implementing tools and regulation that protect our national security and what framework should we apply to potential new policy interventions to assess this?

c. What interventions should Government prioritise to ensure that sectors/firms which are important for the UK's national security have the resources they need to scale and grow?

2. Develop in-depth knowledge of priority sectors, using this to support analytical assessment of their economic security and resilience implications. Important team focusses include:

a. New technologies - AI, Engineering Biology, Future Telecoms, Semiconductors and Quantum Technologies

b. Critical goods - including healthcare, chemicals, critical minerals, and ICT goods.

c. Upskill HMT and wider government Economic Security colleagues in core economic concepts, helping them understand how these can be applied to deliver policy that meets security and growth goals.

4. Coordinate an overall analytical workplan for Economic Security and Resilience team, supporting the team's senior leadership in setting objectives and achievements, working closely with analysts in Treasury and across Government to ensure coherence across work plans.

5. Further the team's use of different qualitative and quantitative data sources and analytical approaches and upskill team members' ability to apply economic concepts to policy.

6. Collaborate closely as an analytical leader, with policy and analytical colleagues across HM Treasury; the wider government economic security and resilience community; and the UK Intelligence Community (UKIC).

About You

You will need to have knowledge and understanding of key economic debates, principles and techniques and ability to apply them innovatively to problems. You will have the ability to lead, motivate and support delivery of high quality, creative analysis to advise policy with strong communication skills. This includes, communicating analysis to non-analysts and using economic frameworks to support policy development. You will have a track record of working closely and collaboratively with policy colleagues and managing external partners.

The post-holder will be expected to have or be willing to undergo Developed Vetting (DV).

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 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