Economic Adviser – Macroeconomic Assessment

Are you an experienced economist, looking for a high-profile role at the heart of Government? If so, we’d love to hear from you!

About the Team

The Macroeconomic Assessment (MA) Team is at the core of the Treasury’s function as an economics Ministry. MA is a friendly, supportive and inclusive team who work collaboratively to deliver our objective of providing expert macroeconomic analysis to support policy development.

As a team, we play a central role in analysing developments in the UK economy and risks to the outlook. We seek to produce high quality and influential macroeconomic analysis, working with colleagues across the department and the Office for Budget Responsibility (OBR). MA is committed to ensuring the team is a fun, engaging and friendly place to work, where everyone is supported to develop and progress.

About the Job

We are recruiting for two exciting and influential roles in Macroeconomic Assessment: a Head of Indirect Effects and a Head of Investment and Trade Analysis. Both roles provide an opportunity to work across a wide range of UK macroeconomic issues and the wider policy-making process.

Key accountabilities of the Head of Indirect Effects role include;

·        Lead on the indirect effects process, assessing the macroeconomic impact of the government’s policy package at fiscal events, coordinating the work of a wide network of analysts and policy colleagues.

·        Work closely with the OBR, providing them with the analysis necessary to incorporate the economic effects of policies into their forecast.

Key accountabilities of the Head of Investment and Trade Analysis role include;

·        Leading analysis and monitoring of macroeconomic data relating to business investment and trade, forming HMT’s view on the UK’s economic performance in these areas in support of the Government’s Growth Mission.

·        Advising on the macroeconomic impacts of policy measures that affect business investment or trade, working closely with teams in HMRC, HMT and the OBR.

For a more detailed list of key accountabilities for both roles please review the advert on Civil Service Jobs.

About You

As a minimum, an undergraduate degree in economics or related subject area; or equivalent professional experience. A postgraduate degree in economics, and/or professional experience in applying econometric analysis and quantitative modelling, would be advantageous.

You will be able to deliver high quality, influential economic analysis. Structure, plan and prioritise to deliver consistently high-quality work on time. Communicate effectively, be able to distil key messages and uncertainties from technical work and communicate clearly to senior officials and ministers and work collaboratively with others and build effective working relationships to deliver joint objectives.

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%

·        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.