Macroeconomic Adviser

**Details**:
**Reference number**:

- 352936**Salary**:

- £52,960 - £59,190-
- A Civil Service Pension with an average employer contribution of 27%**Job grade**:

- Grade 7- Range E**Contract type**:

- Permanent**Business area**:

- HMT - Fiscal**Type of role**:

- Analytical**Working pattern**:

- Flexible working, Full-time, Part-time**Number of jobs available**:

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

LocationAbout the job

**Job summary**:
**About 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**:
**About the Group**

**Fiscal Group**

Fiscal Group works on a wide-ranging set of issues at the heart of the Treasury’s objectives and of fiscal events such as Budgets. We are responsible for ensuring the sustainability of the government’s finances, overseeing its macroeconomic policy framework, and stable and efficient financing of government liabilities. Work includes advising the Chancellor on the appropriate levels of borrowing and debt (as well as broader commitments like guarantees & insurance), providing analysis of the government’s finances, overseeing financing raised for the government by the Debt Management Office and National Savings & Investments. We work with teams across the Treasury to support decisions on the full range of policy. We also have a particularly wide and deep range of relationships beyond the Treasury including the Office for Budget Responsibility, Bank of England, and the Office for National Statistics.
- Delivering these objectives requires a range of skills and backgrounds, and we are proud of our diversity._

**About the Team**

**Macroeconomic Policy Team**

Our team, of 15 staff, is responsible for developing HM Treasury’s thinking and advice for the Chancellor on macroeconomic policy This includes short-term fiscal policy and monetary policy strategy. The team consists of four branches:

- Strategy and Framework - We provide advice, analysis and briefing on the macroeconomic strategy. We also work with office of the Chief Economic Advisor to coordinate the weekly macroeconomic strategy meetings, arranging presenters and providing readouts.
- Monetary Policy - We advise on the monetary policy framework and support Chief Economist in her role as the Treasury representative at the Bank of England’s Monetary Policy Committee (MPC) meetings. The branch produces monetary policy analysis ahead of MPC meetings, speeches and select committee hearings. We also own the appointment process for external members to the MPC.
- Projects - We solve a variety of pressing macroeconomic questions in short-term projects commissioned by seniors within HMT that typically span over a month or two. These projects can be either analytical or strategic.
- Research - We look more deeply into analytical issues on fiscal and monetary policy including the fiscal stance and automatic stabilisers. We develop a research agenda across the team and build links with other teams, academics and external organisations on policy issues.

**About the job**

As head of projects branch, you will support macroeconomic policy analysis for HMT. Our team’s work involves developing analysis to guide HM Treasury’s macroeconomic strategy and the policies ultimately used in the Budget

To make sure our advice to the Chancellor draws on the best available evidence, we work closely with a broad mix of people. Our key contacts come from throughout the Treasury, the Bank, the OBR, think-tanks and academia to make use of different perspectives.

You will play a key role in leading an ever-changing work programme, which varies based on the economic topic of interest at the time. Over the past two years this entailed working o