Assistant Economist

• Salary: London: £44,630 - £47,500 / National: £41,630 - £44,500. This role typically attracts an Analyst Allowance of between £2,000 - £3,500 for eligible individuals. Confirmation of eligibility will be provided to the successful applicant on appointment.
• Contract Type: Permanent
• Working Pattern: This post is available on a full time, part time or job share basis, and flexible working hours can be accommodated.
• Location: London / Darlington

Are you looking for a varied role, working very closely with other analysts and policy leads across a range of economic priorities, including the fiscal and macroeconomic impacts of aspects of the UK-EU relationship? You will also become an expert in UK-EU trade, monitoring current performance and understanding the breadth of external literature on this topic. If so, we'd love to hear from you!

About the Team

The European Policy team (EP) leads HMT’s policy advice and analysis on the UK’s multi-faceted economic and financial relationship with the EU, underpinned by the UK’s agreements with the EU, including the Trade and Cooperation Agreement (TCA) and the Windsor Framework governing arrangements in Northern Ireland.

Against a challenging geoeconomic context, we are supporting cross-Government work to strengthen the UK’s strategic relationship with the EU and manage the ongoing economic and financial aspects of that relationship. We work across the International Group, the Treasury and other Government departments to ensure the Chancellor and other Treasury Ministers receive robust strategic advice, analysis and briefing on our evolving relationship with the EU and other European trading partners.

EP is a team of around 20 staff based in London and Darlington, with a mix of specialists, economists and finance professionals. The team is an engaging and encouraging place to work, from the opportunity to work on varied and exciting European policy issues and develop trade expertise to a lively social life. We balance long-term policy and strategy development with reactive demands when we service ministerial meetings or committees. We support flexible working and encourage applications from all backgrounds.

About the Job

In this role, you will:

1. Produce analysis on options for strengthening the UK-EU relationship – working closely with others in HM Treasury’s European Policy Team, as well as Cabinet Office and the Department for Business and Trade, this role will support analytical leadership on a range of trade and wider economic policy areas.
2. Place the EU–UK relationship in the broader economic context. You will seek to leverage this key trading and broader economic relationship to aid the government aims including the growth mission, supporting public finances and the industrial strategy.
3. Support the team’s programme of international engagement, which may include opportunities to present to international organisations, working with think-tanks and prepare ministers and senior officials for their own engagement.

About You

The successful candidate will have the ability to analyse information and evaluate evidence to provide clear conclusions or support recommendations to senior colleagues, officials or ministers. You will be able to communicate sophisticated and technical concepts to non-experts to help inform and shape policy decisions. You’ll be able to establish effective relationships with, and influence, people who have different roles and perspectives. Lastly you will have skills in working with economic concepts and analytical methods (e.g. data handling/analysis).

Some of the Benefits our people love!

• 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). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
• Flexible working patterns (part-time, job-share, condensed hours)
• Generous parental and adoption leave packages
• Access to a generous Defined Benefit pension scheme with employer contributions of 28.97%
• Access to a cycle-to-work salary sacrifice scheme and season ticket advances
• A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.

For more information about the role and how to apply, please follow the apply link.

If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at hrrecruitment@hmtreasury.gov.uk.