Are you looking for an exciting new role in a developing area of policy, helping deliver the government’s growth mission? If so, we’d love to hear from you!
About the Team
The Balance Sheet Team in HM Treasury leads work to improve analysis, policy, and risk management across trillions of pounds of assets and liabilities owned by government. It also leads on policy advice for new interventions using the government’s balance sheet, such as issuing guarantees, loans and equity investments (referred to as ‘financial transactions’) to support infrastructure and business growth. This work is central to the Treasury’s role as a finance and economics ministry. We draw on a diverse network, including international institutions, colleagues across Treasury and other government departments.
The team (composed of about 12 people) is split into four branches:
Frameworks, Capital Assets and Metrics; Financial Assets and Investments; Contingent and Implicit Liabilities and Balance Sheet Management.
The importance of our work has been underlined by an increasing focus on the balance sheet and growing use of balance sheet interventions, such as during the Covid-19 pandemic and energy price shock. Over the past year, the team have led work to support the decision by the Chancellor to target a broader measure of debt in the fiscal rules, developed a new framework for managing financial investments published at Budget, and have been part of va...