Contents Location About the job Benefits Things you need to know Apply and further information Location This is a Darlington based role. This role cannot be worked from any other HM Treasury office. Should you be successful for the role, this will be your contractual office location. About the job Job summary HM Treasury If youre interested in making a difference to peoples lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth. Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more. We are part of the Darlington Economic Campus, a pioneering new cross-government hub which brings people together to play an active role in the most important issues of the day whilst working closer to the communities we serve. The campus provides the opportunity for people from all over the UK to help shape the future of the country, and our flexible working practices ensure you can collaborate effectively with our partners. Its central government, made more accessible to you Job description About the Group The Financial Stability Group advises government on ensuring the stability of the UK financial system and economy. We track new and existing risks to the financial stability of the UK and the global financial system, taking action to mitigate risks and combat these when needed. We intervene directly to manage any public support for the financial services sector including stewardship of (and exit from) the governments interests in NatWest Bank. Were also responsible for ensuring that the financial authorities have the appropriate legal powers and resources to deal with future failures in the financial sector, as well as planning for future stability events. The Group works with the Bank of England, the Prudential Regulation Authority, the Financial Conduct Authority, the intelligence agencies and international partners, to build and maintain systems to monitor assess and deal with financial stability risks. About the Team This role sits in one of the Financial Stability Group teams: the Banking Assets and Resolution Strategy team. The Banking Assets and Resolution Strategy team is a friendly and inclusive team of around 15 people, with a varied and interesting range of work within the Group. We are responsible for policy for exiting the governments shareholding in NatWest Group and for handling the government's exposures to Northern Rock and Bradford & Bingley. We are also responsible for developing the UKs resolution regime which handles the failure of financial sector firms. As a team we have significant exposure to ministers and senior officials. About the Job This is an exciting time to join both the Treasury and the Financial Stability Group, whose work is central to the Treasurys and governments vision to promote economic stability and growth. As a policy adviser, you will have a unique opportunity to help shape the UKs financial stability policy agenda, ensuring the UK has the tools, powers and regulations needed to promote a stable and growing financial system. Recent postholders in the role available have worked on a number of interesting and high-profile policy issues with high degrees of ministerial interest, and acquired invaluable skills and experience, for example working on legislation, developing policy options for ministers, and helping to shape long-term strategies and reform projects. The exact nature and responsibilities of the role available will vary depending on emerging business needs. However, you can expect the responsibilities to include the following: Developing knowledge and expertise in a particular policy area, working with colleagues within Treasury and beyond to provide evidence-based information and advice to ministers Acting as a point of contact for your policy area, dealing with problems or queries as they arise Considering and advising ministers on potential options for policy reform, assessing evidence and weighing the benefits and risks of different options to provide well-balanced recommendations Building and maintaining positive relationships with a range of partners both within Treasury, and externally, particularly with the Bank of England, the financial regulators (the Prudential Regulation Authority and the Financial Conduct Authority) and industry Working closely with Treasury Legal Advisers to develop legislation that achieves the governments policy aims, and ensuring that legislation passes through Parliament smoothly Handling press and public enquiries, working closely with others including Press Office to ensure accurate and timely responses are provided You dont 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. Candidate Drop-In Session 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. 18 February 2025 14:00 to 14:30 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 Prakash Parameshwar ( prakash.parameshwarhmtreasury.gov.uk ). Person specification We are looking for the below skills, experience and behaviours and we will ask you to demonstrate these in your application form. Please review the Candidate FAQ document that is attached to the advert for guidance on how to complete your application form. You will be asked to write a 250-word statement on each of the following criterion: Ability to analyse complex evidence and consider different options in order to reach and communicate balanced and well-informed recommendations (Making Effective Decisions). Ability to plan and balance short- and long-term priorities effectively to keep work on track ( Delivering at Pace). Ability to build and maintain productive partnerships with a range of colleagues both internal and external to achieve common goals (Working Together). The lead criterion is: Making Effective Decisions If we receive large volumes of applications, we will conduct an initial sift on the lead criterion only. Candidate Guidance Support Session We will be running an overview of Success Profiles and the STAR approach including top tips for the application and interview process and an opportunity to ask general questions around our recruitment practices. Please note that this session is not role specific, so we will be unable to answer specific questions about roles we are advertising. If you would like to join us, please use the link below to join the call at the right time. 13 February 2025 - 12:30 t o 13:15 24 February 2025 - 12:30 to 13:15 Behaviours We'll assess you against these behaviours during the selection process: Making Effective Decisions Delivering at Pace Working Together Communicating and Influencing We only ask for evidence of these behaviours on your application form: Making Effective Decisions Delivering at Pace Working Together Benefits Alongside your salary of £33,450, HM Treasury contributes £9,690 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides. 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) Flexible working patterns (part-time, job-share, condensed hours) Generous parental and adoption leave package. A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 28% Onsite restaurant and coffee bar. The London office also offers a gym, showers and prayer room Access to a cycle-to-work salary sacrifice scheme, season ticket advances and payroll giving Access to a retail discounts and cashback site A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes A range of active staff networks, based around interests and diversity Flexible Working Arrangements HM Treasury views flexible working as essential in enabling us to recruit and retain talented people, ensuring that they can enjoy a long-lasting career with us. All employees have the right to apply for flexible working and there are a range of options available including; part-time, compressed hours and job sharing. Additionally, we operate flexitime systems, allowing employees the flexibility to adjust their working patterns throughout the week which is subject to operational needs and line management approval. At HM Treasury we have an incredibly broad remit; our work touches every citizen of the country. So, its important our employees come from the widest possible range of backgrounds, bringing us the widest possible range of perspectives and ways of thinking. We are committed to ensuring that all staff can realise their potential and achieve a healthy work-life balance. HM Treasury operates an office based working approach across all Treasury sites - Darlington, London, and Norwich, and along with the rest of the Civil Service, has an expectation of a minimum of 60% attendance in the office, along with working remotely. This blended working approach allows you to work collaboratively, meet stakeholders face to face, support others and promotes a healthy work life balance (please be aware that this role can only be worked in the UK and not overseas). Some roles will not be suitable for Hybrid Working. Similarly, Hybrid Working will not suit everyones circumstances. Arrangements will be discussed and agreed with the successful candidate(s) and subject to regular review. All our offices have been recently modernised and designed to collaborate and connect with colleagues as well as desk and quiet space to allow a range of ways to work. The office working expectation is linked to the location of the role. If you apply to a post in a single location, then you will not be able to meet this expectation at any of our other sites or move your role to another location. Things you need to know Selection process details This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Strengths and Experience. Recruitment Timeline Closing date: 27 February 2025 Shortlisting: from 28 February 2025 Interviews: week commencing 24 March 2025 This timeline is indicative and may be subject to change. We will inform you if there is a substantial change to the recruitment timeline. If your contact details change at any time during the selection process, please ensure you update your Civil Service Jobs Profile. Please note that only applications submitted through Civil Service Jobs will be accepted. Reserve Lists You will be placed on a reserve list if your application is successful, but we cannot offer you a post immediately. Where more than one location has been advertised, candidates will be approached for roles in merit order according to the first preferred location stated on your application form. Please note that a place on the reserve list does not guarantee an offer. We would still encourage you to apply for other HM Treasury opportunities that you are interested in. If you are offered a role in your first preferred location and you decline the offer or you are unable to take up the post within a reasonable timeframe, you will be removed from the reserve list, other than in exceptional circumstances. Those on the reserve list may also be approached for similar roles at a lower grade. If you are offered a role at a lower grade and choose to decline, you can remain on the reserve list. Eligibility Statement A candidate is not eligible to apply for a role in the Civil Service if the application is made within a 5 year period following a dismissal for carrying out internal fraud against government. Checks will be performed as part of pre-employment checks in line with this. Please refer to the Candidate FAQ document attached to the advert for more information. Everyone working with government assets must complete Baseline Personnel Security Standard (BPSS) checks. Additionally, individuals appointed to the Treasury group will be subject to National Security Vetting. The level of security vetting required for this role is Security Check (SC). To allow for meaningful checks to be carried out, applicants will need to have lived in the UK for at least 3 out of the past 5 years. In exceptional circumstances, for example if you have been working abroad on a government posting, a lack of residency would not be a bar to security clearance however the Department will need to consider eligibility on a case-by-case basis once the advert closing date has passed. Please read the Vetting Charter for information on what to expect during the vetting process and what will be expected from you. Many areas of your life may be explored during your vetting journey, and it is important that every individual, regardless of their background and experiences, should feel comfortable going through this personal process, whilst having confidence that it is fair, proportionate, and inclusive. These short videos address common concerns and preconceptions which applicants may have about national security vetting. If you have questions relating to security clearances, please contact HMTSecurityVettinghmtreasury.gov.uk Feedback will only be provided if you attend an interview or assessment. Security Successful candidates must undergo a criminal record check. Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check (opens in a new window). See our vetting charter (opens in a new window). People working with government assets must complete baseline personnel security standard (opens in new window) checks. Nationality requirements This job is broadly open to the following groups: UK nationals nationals of the Republic of Ireland nationals of Commonwealth countries who have the right to work in the UK nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window) nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS) individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020 Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service Further information on nationality requirements (opens in a new window) Working for the Civil Service The Civil Service Code (opens in a new window) sets out the standards of behaviour expected of civil servants. We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission's recruitment principles (opens in a new window). The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy. Diversity and Inclusion The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan (opens in a new window) and the Civil Service Diversity and Inclusion Strategy (opens in a new window). Apply and further information This vacancy is part of the Great Place to Work for Veterans (opens in a new window) initiative. The Civil Service welcomes applications from people who have recently left prison or have an unspent conviction. Read more about prison leaver recruitment (opens in new window). Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records. Contact point for applicants Job contact : Name : Prakash Parameshwar Email : prakash.parameshwarhmtreasury.gov.uk Recruitment team Email : hrrecruitmenthmtreasury.gov.uk Further information Complaints Process: Our recruitment process is underpinned by the principle of appointment based on fair and open competition and appointment on merit, as outlined in the Civil Service Commissioners Recruitment Principles. If you feel your application has not been treated in accordance with these principles and you wish to make a complaint, you should in the first instance contact HMT by email at: hrrecruitmenthmtreasury.gov.uk. If you are not satisfied with the response you receive, you can contact the Civil Service Commission, which regulates all Civil Service recruitment. Attachments 389951 - Role Profile Opens in new window (pdf, 230kB) HM Treasury Candidate FAQ's Opens in new window (pdf, 175kB) HM Treasury Guidance on Pay 2024 October 2024 Opens in new window (pdf, 74kB) Share this page Print Email Gmail Facebook LinkedIn