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Policy Advisor
2 months ago
The State-Owned Banking Assets unit is responsible for policy relating to financial sector assets taken on as a result of the financial crisis, including the Treasury's shareholding in NatWest Group and ongoing interest in UK Asset Resolution, a government-owned company handling the government's exposures to the legacy liabilities of Northern Rock and Bradford & Bingley.
The unit works closely with UK Government Investments (UKGI) as it develops and advises Ministers on policy to exit these multi-billion pound interventions in the financial sector.
Key Responsibilities- Support policy for the government's shareholding in NatWest, including sales strategy and execution, shareholding management, and building relationships with colleagues and external advisers.
- Assist in delivering a managed wind down of the UK Asset Resolution (UKAR) intervention, including assessing the best way to resolve complex liabilities and policy to defund and transfer pension schemes to central government.
- Prepare for fiscal events, working with colleagues across the Treasury and at the Office for Budget Responsibility (OBR) to produce forecasts for sales of the government's financial assets.
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King's birthday.
- Flexible working patterns, including part-time, job-share, and condensed hours.
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 27%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests and diversity.
