Policy Adviser – Financial Services Redress Strategy

6 days ago

Darlington, County Durham, United Kingdom HM Treasury Full time

Are you looking for an exciting role working across a varied and politically important set of issues, contributing to HM Treasury’s strategic approach to the regulation of financial services? If so, we’d love to hear from you


About the Team

The Financial Services Strategy (FSS) team is a diverse, collaborative and inclusive team. It sits in the centre of the Financial Services Group and is responsible for ensuring a coordinated approach to the department's overarching financial services strategy.


We provide a central hub to develop and drive overarching strategy and co-ordination on a range of sector wide initiatives. This includes leading the group's input into key events in the financial services and economic calendar such as Mansion House and Budget. We are also responsible for the group’s governance structures and programme management processes to monitor the delivery of financial services priorities.


We have responsibility for the Treasury’s regulatory strategy for financial services. This includes the relationship and key accountability mechanisms between HMT and the FS regulators, and cross-cutting compensation issues in the financial services sector.


The team works very closely with Treasury Ministers and senior leaders. Our work is fast-paced and wide-ranging, setting strategic direction and supporting the implementation of the government’s objectives across the financial services sector.


About the Job

In this role, you will:

· Lead on the policy development and strategy for specific elements of the financial services redress framework. This will involve advising ministers and senior civil servants on key developments and risks across the post holder’s policy areas, including both written and verbal briefings.

· Lead the day-to-day elements of the sponsor relationship with the Financial Ombudsman Service and the Office of the Complaints Commissioner. This includes reviewing annual reports and laying them in Parliament, briefing seniors for strategic meetings, and supporting Ministers with Parliamentary Questions and correspondence.

· Develop expertise on the financial services redress framework, including the role and operation of the Financial Ombudsman Service and the Financial Regulators Complaints Commissioner. You will build in-depth understanding of key policy areas and use this to draft compelling, clear written advice to Ministers and senior management.

· Play an active role in the Financial Services Strategy Team by getting involved in wider corporate work to contribute to making make HM Treasury a great place to work. We’re a flexible team and respond to the needs of Ministers and senior officials, so you should be comfortable in an environment where priorities may change.


About You

You don’t need to be a policy professional or have any specific qualifications to apply to work as a Policy Adviser at HM Treasury. We are looking for people who have the right set of skills for the role, who demonstrate the values of our organisation, and who are motivated to come and work with us on a range of issues that are at the heart of how we spend money and deliver public services.


Some of the Benefits our people love

· 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month

· Flexible working patterns (part-time, job-share, condensed hours)

· Generous parental and adoption leave packages

· Access to a generous Defined Benefit pension scheme with employer contributions of 28%

· Access to a cycle-to-work salary sacrifice scheme and season ticket advances

· A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity


For more information about the role and how to apply, please follow the apply link.


If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form

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