Senior Policy Adviser

2 months ago


London, United Kingdom HM Treasury Full time

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

- 279103**Salary**:

- £50,550 - £57,500-
**Job grade**:

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

- Fixed Term**Length of employment**:

- Fixed Term Appointment of 12 months (with the possibility of extending it to 21 months in total)**Business area**:

- HMT - Financial Stability**Type of role**:

- Policy**Working pattern**:

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

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- The post can be based in London (1 Horse Guards Road), Norwich (Rosebery Court) or Darlington (Feethams House).About the job

**Job summary**:
**About HM Treasury**

If you’re interested in making a difference to people’s lives across the country, the Treasury is the department for you We sit at the centre of everything that the Government does and have provided advice on economic policy and decisions that affect the public finances throughout the country’s history. A Treasury career continues to offer an exciting opportunity to be part of the decision making that affects the whole of the UK.

Working at the heart of government, we collaborate with other departments to ensure public money is spent well and to drive strong and sustainable economic growth. Our work ranges from protecting customers through to the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, supporting people across the country through the COVID 19 furlough scheme and Plan for Jobs as well as helping first time buyers buy their first home.
- 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.

The Darlington Economic Campus is a pioneering new cross-government hub which will bring people together across departments and public organisations to play an active role in the most important issues of the day.

HM Treasury in Darlington will be joined by the Department for International Trade, the Department for Business, Energy and Industrial Strategy, the Office for National Statistics, the Department for Levelling Up, Housing and Communities, the Competition and Markets Authority, the Department for Education and the Department for Digital, Culture, Media and Sport.

**Job description**:
**About the Group**

**Financial Stability Group**

The Financial Stability Group advises government on ensuring the stability of the UK financial system and through that the stability of the UK economy. We monitor new and existing risks to the financial stability of the UK and the global financial system, taking action to mitigate risks and combat these when needed.

We intervene directly to manage any public support for the financial services sector - including stewardship of (and exit from) the government’s interests in NatWest Bank.

We’re also responsible for ensuring that the financial authorities have the appropriate legal powers and resources to deal with future failures in the financial sector, as well as planning for future stability events.

The Group works with the Bank of England, the Prudential Regulation Authority, the Financial Conduct Authority, the intelligence agencies and international partners, to develop and maintain systems to monitor assess and deal with financial stability risks

We advise on overall government policy on public sector pay and pensions, the biggest single driver of public spending. We collaborate with and directly support departments to deliver the Government Finance Function strategy, building finance capability across government and developing the management information, tools and frameworks to better understand and ensure value for money.

**About the Team**

**Resilience and Resolution Team**

The Resilience and Resolution Team is a team of 25 people that monitors, prepares for and mitigates risks to the stability of the financial system. We do this by ensuring the UK authorities have the tools to respond to events in the financial system, such as a bank failure or cyber attack, in a way that protects the taxpayer and customers who rely it for their daily banking. This is an active policy area and the team responds to events in the financial system in real time.

We work closely with the financial sector’s regulators, the Bank of England and the Financial Conduct Authority, and with partners across Government, particularly the Cabinet Office and the security agencies. We also participate in international dialogues in the G20, G7 and EU on risks facing the global financial system to shape global policy making.

**Resilience Unit**

Within the team, the resilience unit, where this post sits, is responsible for improving the security and operational resilience of the finance sector to operational risks, such as hostile state activity, cyber-attacks, technological failure and dependencies on other critical



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