Policy Analyst x 2: Debt and Reserves Management

Want to work at the heart of high-profile financial policy? We are looking for two Policy Analysts who can turn complex evidence into clear advice for senior decision-makers.

About the Team

Debt and Reserves Management (DRM) sits within Fiscal Group and leads key financial assets and liabilities on the public sector balance sheet. We work closely with the Bank of England, Debt Management Office, National Savings & Investments and the Royal Mint.

The Roles

1. Cash Management and Financial Markets

Help shape debt and cash management policy and provide timely analysis of financial markets.

· Monitor financial markets and provide updates and analysis to senior officials.

· Support Chancellor engagement with market participants.

· Advise on cash management tools and work closely with the Debt Management Office and Bank of England.

2. Bank Shareholder Unit

Support HM Treasury’s role as sole shareholder of the Bank of England, with a focus on the Bank’s finances and future balance sheet.

· Help implement changes relating to the Bank’s balance sheet.

· Support financial stability contingency planning and analyse fiscal impacts.

· Lead analysis on the Bank’s balance sheet and support senior engagement with the Bank.

About You

· Experience of economic or financial market analysis.

· Strong judgement and analytical skills, with the ability to make clear recommendations.

· Able to explain complex issues clearly and build effective relationships.

· Comfortable managing competing priorities and responding quickly to urgent work.

Selection Process

Apply with your CV and a 250-word statement for each criterion below. Your CV provides context and will not be scored.

· Technical: economic or financial market analysis (lead criterion).

· Making Effective Decisions.

· Communicating and Influencing.

· Delivering at Pace.

If applications are high, we will sift on the Technical criterion first. At interview, candidates will be assessed on strengths, Technical and the three behaviours, alongside a task or presentation.

Benefits

25–30 days’ annual leave, a defined benefit pension, flexible and hybrid working options, generous parental leave and access to a range of advance schemes and discounts.

How to Apply

For full details and to apply, follow the apply link in the vacancy listing. Only applications submitted through Civil Service Jobs will be accepted.

If you need a reasonable adjustment for the selection process, tell us in your online application or contact HR Recruitment.