Financial Stability Analysts x 2

Jobs at the Treasury are fast-paced, fun and can offer unparalleled perspective not least the opportunity to advise Ministers on the decisions which directly determine the UKs prosperity. Deep in our DNA is a commitment to empowering our people: maximising individual and collective impact, with interesting work no matter your role or seniority.

Day-to-day you could be supporting Ministers to decide the right level of a specific tax or line of government spending; helping maintain the stability of financial markets; analysing the long-term trends impacting the future of the economy; or enabling this work as part of our vital corporate functions.

We are a high-performing department and proud to have outstanding staff from a wide range of backgrounds. We are also a friendly, inclusive and sociable workplace that prides itself on fostering great team spirit. Our two largest offices are 1 Horse Guards Road in London, opposite St James Park, and the Darlington Economic Campus, which also contains eight other departments. We work seamlessly across all our sites, including Norwich, Birmingham and Leeds, as one Treasury.

We are both a 1,000-year-old institution and dynamic, forward-looking economics and finance ministry, with a strong direction set by our organisational strategy, the Future Treasury Vision. The 21st century offers huge opportunities and poses new challenges for the UK. Working at the Treasury is your chance to help the country chart the right course.

These positions are exciting and varied roles suitable either for recent graduates, or for experienced candidates seeking a new challenge. You will work with a team of analysts and policy officials as we explore the biggest challenges facing the UK financial system.

Through original analysis and engagement with key partners, you will build the Treasurys expertise, influence policy development, and support the Treasurys response to global events.

The first position will focus on risks relating to non-bank financial institutions (NBFI), which includes insurance companies, pension funds, hedge funds and private market asset managers, among others. The work involves assessing risks developing in NBFIs and related markets, and how these developments impact UK financial stability and the financial sectors ability to support economic growth. This work ensures that emerging policy is grounded in robust analysis and supports a stable and dynamic financial system. To help deliver this work, you will draw on extensive data sources such as Bloomberg and Preqin, and will utilise our relationships across Treasury, with the wider regulatory authorities (the Bank of England and Financial Conduct Authority) and with industry.

The second position will focus on global and cross-cutting risks, including risks related to climate change, the growing use of AI, geopolitical developments and other topical trends. The post holder will support the teams priority work to enhance financial system preparedness for geopolitical risks, including by scoping relevant projects and building relationships across Government, and with the Bank of England.

Both positions sit within Treasurys Financial Stability Group. We are a friendly, diverse and inclusive group, supporting different working patterns, and with colleagues working from different locations. The Groups unique offering includes the Women in Financial Stability Network to provide a space for women to connect and to support their career development. All colleagues are able to benefit from Treasurys generous annual leave, parental leave packages, and flexible and hybrid working options (where business needs allow).

Given the nature of the work, specific role portfolios may evolve to reflect changes in the teams priorities. However key responsibilities will include:

• Delivering original analysis on topical issues to deepen the Treasurys expertise in financial system risks, and support policy development. Recent examples of analysis undertaken by the team include deep dives on developments in private markets, AI investment trends, and geopolitical risks.
• Presenting and communicating your analysis and assessments of emerging topical issues to senior audiences in Treasury, including delivering briefings for ministers and senior officials.
• Maintaining positive relationships with colleagues across the Treasury, Government and the UKs financial regulators (particularly the Bank of England and Financial Conduct Authority).
• Contributing to policy development where financial stability risks have been identified, including by supporting Treasurys engagement with the G7, G20,Financial Stability Board, and the Financial Policy Committee.
• Providing live market monitoring and assessments of market risk for HMT seniors and Ministers, with opportunities to develop relevant Bloomberg skills and in-depth market knowledge.

Candidate Drop-In Session

The hiring managers will be running a candidate drop-in session to give you greater insight about the role and HM Treasury, and a chance to ask any questions you might have. If you would like to join us, use the link below to join the call at the right time.

Wednesday 16th September

Join: https://teams.microsoft.com/meet/339780771366303?p=sidQo8qzCpWRIjXThi

Meeting ID: 339 780 771 366 303

Passcode: W5Zz9Bg3

If you would like to speak to the hiring managers informally prior to the closing date, please contact: Emily Pal (e[email protected]) and Amanda Kay ([email protected]).

Visa sponsorship is not available for this role

Application Stage

Required Qualifications

• Applicants should have an economics, central banking or finance-related undergraduate or post-graduate degree or relevant experience in economics or financial markets.
• No specific work experience is necessary for these entry-level roles.

In your application form, youll be asked to confirm that you hold a relevant degree or have relevant experience. If you hold a relevant degree, you will need to provide evidence of this qualification if you are invited to interview.

Application Form

Applications should consist of a CV including your employment history, and a 250-word statement demonstrating evidence of each of the below shortlisting criteria. Your CV and employment history wont be scored. Its used to give context to your application and support discussions at interview.

The panel will review applications and invite those that best demonstrate evidence of the shortlisting criteria below for interview. Please keep this in mind when writing your application.

Please note that only applications submitted through Civil Service Jobs will be accepted.