Policy Advisor

3 days ago

Darlington, Darlington, United Kingdom HM Treasury Full time
About the Role

The HM Treasury's State-Owned Banking Assets unit is responsible for developing and advising on policy related to financial sector assets taken on as a result of the 2007-2009 financial crisis. This includes 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) to develop and advise Ministers on policy to exit these multi-billion pound interventions in the financial sector.

Key Responsibilities
  1. Sales Strategy and Execution: Work with UKGI to assess the viability and feasibility of options for selling down the government's shareholding in NatWest Group.
  2. Shareholding Management: Advise Ministers on issues relating to the management of the shareholding and issues relating to the intervention in the bank.
  3. Relationship Building: Build and maintain positive relationships with colleagues across the Civil Service and public sector, and with external advisers and other organizations from the private sector.
  4. Policy Development: Develop and advise on policy related to the government's shareholding in NatWest Group and other financial sector assets.
  5. Communication and Stakeholder Management: Provide clear advice and briefings to the Treasury Accounting Officer and Ministers, and handle ministerial and other correspondence on issues relating to the NatWest shareholding.
Benefits
  • 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.

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