Assistant Economist- Macroeconomic Assessment

5 days ago


London, United Kingdom HM Treasury Full time

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

- 373180**Salary**:

- £33,450 - £42,000-
- A Civil Service Pension with an employer contribution of 28.97%**Job grade**:

- Higher Executive Officer**Contract type**:

- Permanent**Business area**:

- HMT - Economics**Type of role**:

- Analytical
Economist**Working pattern**:

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

- 2Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- These posts will be based in London (1 Horse Guards Road) and Darlington (Feethams House). We are aiming for one post in Darlington and one in London.About the job

**Job summary**:
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**:
**Economics Group**

The Economics Group leads HM Treasury’s (HMT) analysis of developments in the UK economy and advises ministers on the implications for the Government’s economic strategy. It provides expert economic analysis and advice for Ministers. The Group’s data hub is transforming how the Treasury uses data across its entire business. The Group collaborates with external experts on the UK economy, including the Bank of England, Office for Budget Responsibility (OBR) and leading academics. Economics Group provides support for the UK Government’s economic and social research professions, including running centralised recruitment and the annual conferences.

**About the Team**

The **Macroeconomic Assessment (MA)** **Team **is at the core of the Treasury’s function as an

economics Ministry. MA is a friendly, supportive and inclusive team who work collaboratively to deliver our objective of providing expert macroeconomic analysis to support policy development.

As a team, we play a central role in analysing developments in the UK economy and risks to the outlook. We seek to produce high quality and influential macroeconomic analysis, working with colleagues across the department and the OBR. MA is committed to ensuring the team is a fun, engaging and friendly place to work, where everyone is supported to develop and progress.

**Person specification**:
**About the Team**

**Macroeconomic Assessment**

The Macroeconomic Assessment (MA) team is at the core of the Treasury’s function as an economics Ministry, providing economic analysis, briefing and policy advice on the issues facing the UK economy. As a team, we play a central role in analysing developments in the economy and risks to the outlook. We aspire to excellence in producing high quality and influential analysis and working collaboratively with colleagues across the department. We work flexibly across branches, and the post-holder will need to be willing to work across priorities.** **We are committed to ensuring the team is a fun, engaging and inclusive place to work, where everyone is supported to develop and progress.

**About the Job**

We are looking for two Assistant Economists to join us in MA’s Model Unit, and Households, Investment and Trade Analysis team. Both roles are open to Darlington and London applicants, however, one role will be appointed in London and one in Darlington.

**Forecast role (Model Unit)**:
Model Unit sits is a diverse, high-performing branch of six analysts. The Unit produces and coordinates impactful economic analysis that influences policy development across HMT and the OBR’s forecasts. The Unit manages the relationship with the OBR economy team, leads on briefing of the economy forecast within the department, and manages the process by which the economic effects of government policy are analysed.

This is an exciting and fast-paced role that will provide you an opportunity to build your macroeconomic understanding, brief senior stakeholders and experience HMT from the heart of a fiscal event. During fiscal events, you will lead on drafting advice to the Chancellor and senior officials on the OBR’s economy forecast. Outside of fiscal events, you will



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