Economic Adviser

About the GroupThe Economics Group leads HM Treasurys analysis of developments in the UK economy and advises ministers on the implications for the Governments economic strategy. It provides expert economic analysis and advice for Ministers. The Groups 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 and leading academics. Economics Group provides support for the UK Governments economic and social research professions, including running centralised recruitment and the annual conferences.About the TeamThe Macroeconomics Coordination and Strategy (MCS) team is a friendly and open team working across the Economics Group and the Treasury more broadly: providing analysis, advice and briefing to Ministers on economic developments, particularly GDP and inflation, the near-term outlook and macroeconomic narrative; leading on the UKs sovereign credit rating and management of the regular IMF and OECD surveillance of the UK economy; representing the UK in G20 macroeconomic discussions; and leading the Treasurys relationship with the ONS on economic statistics. The team has spending responsibility for the UK Statistics Authority. The team prepares regular updates on the macroeconomy for the Chancellor, presents economic updates to the PM, organises monthly State of the Economy meetings for HMT staff, and leads on the presentation of the governments economic narrative in external fora. In its central coordination and strategy roles, working closely with other teams, MCS provides an interface between the Treasurys specialist economists, Ministers and senior officials, as well as Parliament and Whitehall. Working in MCS is an excellent opportunity to deliver economic analysis on a wide range of topical issues critical to the work of the Treasury and government.About the JobThis role is for an Economic Adviser in the Domestic Macroeconomic Coordination branch. The branch is responsible for bringing together the Treasurys understanding of the current macroeconomic context, to support policymaking. The branch also ensures that key facts on the macroeconomy are communicated across the Treasury and externally in a robust and timely way. We are involved in high profile work, often at the centre of what the department is doing. We work closely with, and bring together the work of, many teams across the Economics Group and elsewhere in the Treasury. This role would suit someone who has experience working on the UK economy and talking and presenting to a range of stakeholders including non-experts. The candidate would enjoy working in a cross-cutting team collaborating with many colleagues around the department and beyond, often at the centre of what HM Treasury is working on. While not an analysis focused role, there will be opportunities for analytical projects where core workload allows. Around fiscal events this role will likely result in short periods of out of hours working this is not the norm, and HMT operates a flexitime system in response to peak periods of work more detail is provided in the Flexible Working Arrangements section.Key Accountabilities for this role include:Contribute to the assessment of the UK economy and near-term outlook, bringing together analysis across the group to tell a clear and accessible story. Work closely with our Press Office to ensure this story is articulated to the public.Oversee high-quality economic briefing to be used across HM Treasury for policymaking and communications. Ensure briefing stays relevant in changing economic contexts, and meets the needs of ministers and officials.Regularly present on the economy to a range of stakeholders including Ministers, wider government, and Credit Rating Agencies such as Moodys and S&P.Lead the organisation of a 6-weekly meeting for the Chief Economist and officials across Treasury on the latest on the economy.Help project manage and coordinate the Economics Groups input for key events including fiscal events (Budgets) including input for the economy sections of the Chancellors speech, document and briefing packs, responding to the OBRs Economic and Fiscal Outlook.Manage one economic apprentice (also based in Darlington), supporting them to develop their skills and deliver excellent work.Play your part in delivering on corporate priorities across the team, group or Department as a whole. The Treasury, and Economics Group within it, have strong corporate agendas to continue to improve the department as a great place to work. As this role is for economists, you may apply for professional membership of the Government Economics Service during your tenure if you meet the relevant criteria: have a first or upper second-class honours degree in economics (or international equivalent), or a postgraduate degree in economics. If it is a joint degree, at least 50% of the course modules must be in economics. have studied both macroeconomics and microeconomics. be a civil servant or be on Civil Service terms and conditions. be in an economics role at the time of joining or have previously been a member of the GES and have chief economist support for re-joining. More details are available at: GES membership guidance. GES members have access to events and L&D opportunities, have a professional membership, and can build a career across government as a GES economist. Candidate Drop-In Session Microsoft Teams The hiring manager will be running a candidate drop-in session for this role to give you greater insight about the role as well as the chance to learn more about HM Treasury and ask any questions you may have. If you would like to join us, then use the link below to join the call at the right time.  Friday 20th September at 12:30: Join the meeting now If you would like to speak to the hiring manager informally prior to the closing date for applications to find out more about the job, please contact Hannah Jones ([email protected])