Policy Adviser

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

- 366245**Salary**:

- £39,500 - £48,720-
- A Civil Service Pension with an average employer contribution of 27%**Job grade**:

- Senior Executive Officer**Contract type**:

- Permanent**Business area**:

- HMT - Fiscal**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
- This post can be based in London (1 Horse Guards Road) or Darlington (Feethams House).About 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.

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** 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**

The **Debt & Reserves Management (DRM) team** manages key financial assets and liabilities on the public sector balance sheet - using analysis, oversight and our stakeholder links to Bank of England, the Debt Management Office, National Savings & Investments and the Royal Mint.

This role is part of the Debt and Liabilities Branch in DRM which is team of around 7 people. We are responsible for advising ministers on debt and cash management policy, ensuring the government can raise the money it needs to fund public services both over the course of a year and on a day-to-day basis. We work closely with the Debt Management Office (DMO), an Executive Agency of the Treasury responsible for debt and cash management operations, such as gilt (UK government bond) auctions.

**About the job**

As a policy adviser, you will help shape and implement the government’s debt management policy. Key responsibilities include:

- Being a trusted source of advice across the department on government financing. Lead on aspects of the process to set the DMO’s financing remit at Budget such as producing the annual Debt Management Report publication, planning stakeholder engagement, project management and contributing to ministerial advice. This will require building effective relationships with colleagues at the Debt Management Office, critical assessment of the available policy options and excellent organisation skills.
- Lead on timely and impactful projects relating to debt management policy and analysis. Conduct high quality research projects, lead on the branch’s input to high priority cross-cutting workstreams and feed into broader fiscal strategy work. Recent examples from the branch include improving the Treasury and DMO’s understanding of access to gilts for retail investors and providing impactful advice on the gilt market impacts of cross-government reforms to the pension system.
- Support the effective functioning of the DMO as an organisation through the sponsorship role DRM plays. Develop solutions to DMO organisational challenges (e.g. relating to its budget or recruitment and retention), lead on appointments to the DMO Advisory Board (liaising with the DMO Chair) and le