Director, Fiscal

Director – Fiscal

• Salary: £98,000 - £120,000 (existing Civil Servants will be appointed in line with Civil Service Pay Rules)
• Contract Type: Permanent
• Location: London (1 Horse Guards Road) or Darlington (Feethams House)

The Treasury is the United Kingdom’s economics and finance ministry. 

We are responsible for formulating and implementing the government’s financial and economic policy. Our aim is to raise the rate of sustainable growth and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.  

A Treasury career offers an exciting opportunity to be part of decision making that affects the whole of the UK. 

The Treasury plays a meaningful role at the heart of Government in the UK and, together with the Cabinet Office and Number 10, forms the centre of the Government and wider Civil Service. 

The Treasury is a small, agile and professional institution organised around thematic Director-led groups of standing and project teams. 

This role can be based in either London or Darlington with an expectation of regular travel to the London office especially during significant peak periods throughout the year, where in-person meetings are likely to be required.

The Darlington Economic Campus is a ground-breaking new cross-government hub which brings together departments and public organisations which lead on some of the most important economic issues of the day. 

Job description

The Director – Fiscal will lead the group of 75 staff. The group works on a wide-ranging set of issues at the heart of the Treasury’s objectives and of fiscal events such as Budgets. You will oversee the work of the group and need to build effective and constructive relationships with senior leaders of the group’s partner institutions – the Office for Budget Responsibility, Debt Management Office, National Savings & Investment, the Bank of England, and the Royal Mint – and ensure strong relationships between the group’s teams and their counterparts in these institutions.

Key responsibilities:

• Be an active member of HM Treasury’s leadership, working closely with Director counterparts across Economics, Strategy, Planning and Budget, and Spending and Tax.
• Provide leadership to the Fiscal Group, maintaining a motivated, high performing, expert and inclusive culture within the group.
• Line manage and support the experienced deputy directors running the relevant teams, including accountability for their work to Ministers and permanent secretaries.
• Act as one of the core advisers to the Chancellor at fiscal events, working closely with growth, tax and spending teams in the Treasury.
• Ensure the group provides high quality analysis and advice to Ministers on the fiscal outlook, fiscal risks, fiscal sustainability and government financing.
• Build effective and constructive relationships with senior leaders of Group’s partner institutions – the OBR, DMO, NSI, the Bank and the Royal Mint – and ensure strong relationships between the Group’s teams and their counterparts in these institutions.

Person specification

While in post, the successful candidate will be expected to perform well across the full range of Senior Civil Service behaviours set out in the Success Profile framework and demonstrate commitment to the Civil Service values.

The criteria for the purpose of selection are:

• Strong numerical and analytical skills and ability to apply them in complex policy delivery.
• Good knowledge of financial markets, microeconomics and macroeconomics.
• Ability to work with and influence senior ministers, officials and stakeholders.
• Experience of leading and setting direction for teams when creating an inclusive and empowering environment.

To apply for this post please apply via Civil Service Jobs by no later than 23:55 on 2nd January 2025. We can only accept applications via the Civil Service Jobs platform. 

Applications should consist of a CV and personal statement outlining your experience and skills against those detailed in the person specification. 

The benefits of working for us include:

• 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 (job-share, condensed hours) 
• A Civil Service Pension which provides an attractive pension, benefits for dependents and average employer contributions of 28% 
• Generous parental leave packages 
• 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 (e.g. analysts, music society, sports and social club) and diversity

At HM Treasury we have an exceptionally broad remit; our work touches every citizen of the country. So, it’s 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 are able to realise their potential and achieve a healthy work-life balance. 

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.