Policy Adviser - Regulatory Authorities

Job summary

If you’re interested in making a difference to people’s 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 cross-government hub bringing people together to tackle key national issues while working closer to the communities we serve.

Job description

This is an exciting role that will see the successful candidate work across a varied and politically important set of issues, to contribute to HMT’s strategic approach to the regulation of financial services. You don’t need previous experience in financial services – we are looking for someone who is curious, proactive, a strong communicator and excited about learning new areas of policy.

Whilst hybrid working will be the normal rhythm for the role, it will require some attendance in, or travel to, the London office for occasional in-person stakeholder engagement.

Responsibilities for this role will include:

• Building strong relationships with a range of key partners, being aware of their perspectives and issues, and using this to support the delivery of our objectives. Establishing networks across the Treasury, other departments, and the private sector.
• Leading elements of the day-to-day sponsorship relationship with the FCA and the PRA. This includes reviewing regulators publications; engaging with Parliamentary processes; supporting ministers and senior officials in their strategic engagement with the regulators – including via briefings and speeches; and supporting ministers with parliamentary questions and correspondence.
• Developing expertise on the role and operation of the FCA and PRA, including relevant legislation, and using this expertise to advise colleagues, Ministers and senior management.
• Leading aspects of policy development and strategy for the financial services regulatory framework, including to support the delivery of the government’s growth mission. This will involve advising ministers and senior civil servants on key developments and risks and supporting the Treasury’s response to press and media interest.
• Playing an active role in the Financial Services Strategy team by getting involved in wider corporate work to contribute to making make the Treasury a great place to work. We’re a flexible team and respond to the needs of ministers and senior officials, so you should be comfortable in an environment where priorities may change.

We’re a flexible team and respond to the needs of ministers and senior officials, and this interesting and varied role would suit proactive candidates who can adapt effectively to changing priorities.

You don’t 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.

If you would like to speak to the hiring manager informally prior to the closing date, please contact Alex Douglas: [email removed]

Visa sponsorship is not available for this role.

Person specification

Application Form

Applications should consist of a CV including your employment history, and a 250-word statement demonstrating evidence of each of the below shortlisting criteria. Your CV and employment history won’t be scored. It’s used to give context to your application and support discussions at interview.

The panel will review applications and invite those that best demonstrate evidence of the shortlisting criteria below for interview. Please keep this in mind when writing your application.

Please note that only applications submitted through Civil Service Jobs will be accepted.

• Making Effective Decisions: Ability to analyse and use a range of evidence from different sources to develop accurate policy decisions and advice.
• Communicating and Influencing: Ability to communicate clearly in writing and in person, adapting your style for different audiences, and to build constructive relationships to influence positive outcomes.
• Delivering at Pace: Ability to work independently and proactively, balancing progressing longer-term projects with shorter-term urgent commissions. Evidence of managing a full workload and prioritising effectively to deliver high-quality outputs to tight or competing deadlines.

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. Those who meet the minimum score will then be assessed against all remaining criteria.

Interview Stage

If you are successful at the application stage, you will be invited to interview where you will be assessed against the following criteria:

• Strengths
• Behaviours:
  • Making Effective Decisions
  • Communicating and Influencing
  • Delivering at Pace
  • Working Together

Behaviours

We'll assess you against these behaviours during the selection process:

• Making Effective Decisions
• Communicating and Influencing
• Delivering at Pace
• Working Together

We only ask for evidence of these behaviours on your application form:

• Making Effective Decisions
• Communicating and Influencing
• Delivering at Pace

Benefits

Alongside your salary of £44,600, HM Treasury contributes £12,920 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

• Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King’s birthday.
• Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
• Parental Leave Packages - Including 6 months’ occupational pay for maternity/adoption, shared parental leave options.
• Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
• Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury’s benefits portal for a wide range of discount codes.

You can review HM Treasury’s full offer here.

Things you need to know

Artificial intelligence

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually a