Director General – Economics and Chief Economic

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Description: Director General Economics and Chief Economic Adviser HM Treasury SCS Pay Band 3 SALARY: 125,000 London or Darlington Reference: GSe94947 Closing date: 13th February 2023 This is an interactive document and is best viewed using Adobe

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slide1. Director General – Economics and Chief Economic Adviser HM Treasury
SCS Pay Band 3
SALARY: £125,000
London or Darlington Reference: GSe94947
Closing date: 13th February 2023 This is an interactive document and is best viewed using Adobe Acrobat Reader. Click here to download.<br>
slide2.  Move your mouse pointer over the buttons below and click for more information Contents The Department The Role Person Specification Salary & Benefits Application Process FAQs Diversity & Inclusion Contact Us Contact Us<br>
slide3. Welcome to HM Treasury
Director General – Economics and Chief Economic Adviser Thank you for your interest in this exciting role at HM Treasury The Role Person Specification Salary & Benefits Application Process FAQs Diversity & Inclusion The Department Thank you for considering HM Treasury for your next role!

HM Treasury is the government’s economic and finance ministry. Our objectives are to set the direction of the UK’s economic policy, work to achieve strong and sustainable economic growth and maintain control over public spending.

The Director General – Economics and Chief Economic Adviser provides overall leadership of the department’s macroeconomic policy, engaging and motivating two Treasury groups and supporting Ministers to deliver their policy objectives including sustainable economic growth. They will also be expected to play a strong leadership and corporate role more widely in the department as part of the Executive Management Board.

We are looking for someone with an outstanding record track record in economic policy, and with excellent leadership, influencing and communication skills. They must have the credibility to act as the principal policy adviser to the Chancellor and the Prime Minister on economic policy, to command the respect of the Treasury’s staff, and to influence senior leaders across the economic policy-making community. The successful candidate will need to be strongly committed to the civil service values of impartiality, honesty, integrity and objectivity. 

If that sounds like you, whatever your background, we want to hear from you.

James Bowler
Permanent Secretary, HM Treasury Picture of perm Sec Contact Us<br>
slide4. About HM Treasury HM Treasury (HMT) is the UK’s economic and finance ministry. 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 critical 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. Some travel will be expected as part of the role, including international travel.

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

Working alongside the Treasury in Darlington are the Department for International Trade; the Department for Business Energy and Industrial Strategy; the Office for National Statistics; the Ministry of Housing Communities and Local Government; the Department for Culture Media and Sport; the Competition and Markets Authority and the Department for Education. The Department The Role Person Specification Salary & Benefits Application Process FAQs Diversity & Inclusion Contact Us<br>
slide5. DG Economics and Chief Economic Adviser: the role The Role The Department Person Specification Salary & Benefits Application Process FAQs Diversity & Inclusion Role Overview
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The Director General Economics and Chief Economic Adviser (‘the DG’) is the principal Treasury adviser to the Chancellor on macroeconomic and fiscal policy.
The DG is a member of the Treasury’s Executive Management Board (EMB) and part of the collective leadership of the Treasury, a department of c2000 staff, as well as the joint head of the Government Economic Service (GES), providing leadership to economists across government.
The DG is responsible for two Groups, each with one Director:
The Economics Group, which is responsible for providing high quality economic analysis and policy advice to support the government’s objective of delivering sustainable economic growth. The Group delivers that through ongoing surveillance of the UK economy; economic analysis and policy advice to underpin macroeconomic and microeconomic policy making; and promoting professionalism for economics and social research in government.

The Fiscal Group, which is responsible for ensuring the sustainability of the public finances over the short-, medium- and long-term, thereby supporting economic stability and growth. The Group is also responsible for government financing and management of the government’s balance sheet. Contact Us Key responsibilities
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The post-holder will:
provide strong leadership to two Treasury Groups, compromising 200 staff, and collectively to the department as a whole as a member of EMB;
champion economics in government as joint head of the Government Economic Service (GES), acting as a credible and authentic leader within the economics field. The DG will be expected to improve the diversity of the GES, to ensure it delivers for the membership and the wider Civil Service;
advise Ministers on the macroeconomy, fiscal policy and growth and the macroeconomic and microeconomic implications of wider policy issues;
provide professional leadership for economists and analysts across the Department, and for the economic analyses they undertake; and
lead the Treasury’s relationships with the Office for Budget Responsibility, the Debt Management Office, the monetary and markets side of the Bank of England (including acting as Accounting Officer for the Reserves) and international institutions including the IMF, the OECD (as they relate to the UK economy) and chair the G20 Framework Working group.
The post-holder reports directly to the Permanent Secretary.<br>
slide6. DG Economics and Chief Economic Adviser: the role The Role The Department Person Specification Salary & Benefits Application Process FAQs Diversity & Inclusion Location
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This role can be based in either London or Darlington.

Contract Type
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This role is being offered on a permanent basis.

Security Clearance
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Please note that the successful applicant will need to hold, or be prepared to apply for Security Check.

Assignment Length 
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The minimum assignment length for this post is 3 years. Contact Us<br>
slide7. Person Specification When 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:
Economic Credibility and professionalism: a strong track record on economic policy and thought leadership in macroeconomics;
Leadership: outstanding people leadership skills, including a proven record of accomplishment in leading teams and an agenda in a complex environment; 
Stakeholder Engagement and Influencing Skills: strong influencing and interpersonal skills, and the ability to work well with very senior stakeholders; 
Representation Skills: ability to provide constructive challenge to, and positive engagement with, UK and international organisations; and 
Masters-degree level economics. Will consider equivalent experience such as qualifications alongside extensive practical experience in the Economics field. Person Specification The Department The Role Salary & Benefits Application Process FAQs Diversity & Inclusion Contact Us<br>
slide8. Salary and Benefits Salary
£125,000
Dependent on skills and experience. Standard pay rules apply for existing civil servants. Benefits

25 days’ annual leave (rising to 30 after 5 years), plus 8 public holidays and an additional privilege day for the Queen’s birthday (unless you have a legacy arrangement as an existing Civil Servant)
Flexible working patterns (job-share, condensed hours)
Access to a generous Defined Benefit pension scheme with employer contributions. Find out more about Civil Service pensions
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 (e.g. women in the Treasury, ethnic minority network, LGBT* network, faith and belief network)
Any move across the Civil Service on or after 4 October 2018 may have implications on an employee’s ability to carry on claiming childcare vouchers Salary & Benefits The Department The Role Person Specification Application Process FAQs Diversity & Inclusion Contact Us<br>
slide9. Application Process Shortlist Assessment Offer Application To apply for this post please follow this link: www.treasuryleaders.co.uk, no later than 13th February 2023.
Applications should consist of a cv and an online application outlining your experience and skills against those detailed in the person specification.
As part of our pre-employment security checks, if you are invited to interview and are not a current HM Treasury member of staff, you will need to bring:
• Proof of identity, e.g. your passport or driver’s license. Documents must be in date and valid.
• Proof of address, e.g. a utility bill or bank statement issued within the past 3 months
• Proof of your National Insurance (NI) number, e.g. letter from DWP confirming your NI number, or P60
• If you do not bring a UK or EU passport, you will need to bring other documentation of your right to work in the UK, e.g. your visa, biometric residence permit or birth certificate.
Further details regarding acceptable documents will be provided in the invitation to interview. If you cannot provide in the first instance, the above documentation required for employment checks, at interview, please contact hrrecruitment@hmtreasury.gov.uk, If you are offered the role, we will require all documentation, as this is part of the security vetting process. If you do not provide this at interview stage, this may slow down the process and delay your start date.

Please let us know if your contact details change at any time during the selection process. Application Process The Department The Role Person Specification Salary & Benefits FAQs Diversity & Inclusion Contact Us<br>
slide10. Application Process Application Assessment Offer Shortlist HM Treasury, through our Executive Search partners, GatenbySanderson, will acknowledge receipt of your application and update you once the selection panel has reviewed all the applications, after the closing date.
Applications will be reviewed by the panel to select those which demonstrate the best fit with the post against the criteria set out in the person specification. Please ensure you keep this in mind when writing your CV and online application.
The timeline later in this pack indicates the date by which decision is expected to be made, and all shortlisted candidates will be advised of the outcome as soon as possible thereafter. Application Process The Department The Role Person Specification Salary & Benefits FAQs Diversity & Inclusion Contact Us<br>
slide11. Application Process Application Shortlist Offer Assessment If you are shortlisted, you will be asked to take part in a Staff Engagement Exercise. This will not result in a pass or fail decision. Rather, it is designed to support the panel’s decision making and highlight areas for the panel to explore further at interview.

Staff Engagement Exercise you will be observed by a psychologist facilitating a two-way discussion on a pre-agreed topic area.  Once you complete this exercise the psychologist will produce a report for the interview panel. 

You will then be asked to attend an interview in order to have a more in-depth discussion of your previous experience and professional competence. At the interview stage, applicants for this post will be assessed against the Success Profiles recruitment framework and will test strengths, experience and technical skills (including economic credibility and professionalism), and the following behaviours in line with the requirements of the role and the profession:
Seeing the big picture
Making effective decisions
Leadership
Communicating and influencing
Delivering at pace
Candidate guidance on Success Profiles, and how you will be assessed, is available here
Selection process
Gisela Stuart, First Civil Service Commissioner, will chair the process.
More detailed information can be found at on the Civil Service Commission website:
http://civilservicecommission.independent.gov.uk. Application Process The Department The Role Person Specification Salary & Benefits FAQs Diversity & Inclusion Contact Us<br>
slide12. Application Process Application Shortlist Assessment Offer In addition to the Civil Service Commissioner, the panel will also consist of:
James Bowler, Permanent Secretary, HM Treasury
Cat Little, Second Permanent Secretary, HM Treasury
A representative of the Economics profession
Regardless of the outcome, we will notify all candidates as soon as possible.
We will send you a copy of any report for any assessment that you may have undergone as part of the recruitment process (where applicable).
Between shortlisting and final panel interview, we will contact your two referees to request a professional
reference. Referees will not be contacted without your prior consent.
If successful in this recruitment process, a member of the HR team will contact you to discuss the offer and onboarding processes. Application Process The Department The Role Person Specification Salary & Benefits FAQs Diversity & Inclusion Contact Us<br>
slide13. Indicative Timeline
Please note that these dates are only indicative at this stage and could be subject to change. If you are unable to meet these timeframes, please let us know in your application letter. Application Process The Department The Role Person Specification Salary & Benefits FAQs Diversity & Inclusion Contact Us<br>
slide14. FAQs Can I apply if I am not currently a civil servant?
Yes. This role is open to suitably qualified people in the external market and to existing civil servants and those in accredited Non-Departmental Bodies.
Is this role permanent?
Yes. This role is being offered on a permanent basis.
Is this role suitable for part-time working?
This is a full-time role. Flexible working
arrangements (including job share) are
possible.
Will the role involve travel?
Some travel will be required for this role, including international travel.

Where will the role be based?
This role can be based in either our London or Darlington office. Travel between offices will be required for this role.
Can I claim back any expenses incurred during the recruitment process?
No. Unfortunately we will not be able to reimburse you, except in exceptional circumstances and only when agreed in advance.
What nationality do I need to hold in order to apply?
To be eligible for employment to this role you must be a national from the following countries and with relevant Settled Status:
The United Kingdom
The Republic of Ireland
The Commonwealth*
A European Economic Area (EEA) Member State
Switzerland
Turkey
Certain family members of EEA, Switzerland and Turkish nationals are also eligible to apply regardless of their nationality.
(*Commonwealth citizens not yet in the UK, who have no right of abode in the UK and who do not have leave to enter the UK are ineligible to apply.)
For further information on whether you are eligible to apply, please visit Gov.UK. FAQs The Department The Role Person Specification Salary & Benefits Application Process Diversity & Inclusion Contact Us<br>
slide15. FAQs Is security clearance required?
Individuals appointed to the Treasury will be subject to National Security Vetting. To allow for meaningful checks to be carried out applicants will normally need to have lived in the UK for at least 3 out of the past 5 years. A lack of full UK residency in itself is not always a bar to security clearance but the Department will need to consider eligibility on a case by case basis using all information that can be obtained following a successful application.
More information about the vetting process can be found at the following link
https://www.gov.uk/guidance/security- vetting-and-clearance
Reserved for UK Nationals
Certain posts, notably those concerned with security and intelligence, might be reserved for British citizens, but this will not normally prevent access to a wide range of developmental opportunities within the Civil Service.
This is not a reserved post.

10. What reasonable adjustments can be made if I have a disability?
HM Treasury is committed to being an Equal Opportunities Employer. We wish to ensure that all applicants are treated fairly and appointed solely on their suitability for the role. We welcome the opportunity to speak with you to discuss what adjustments can be made to help you demonstrate your full potential whatever the type of assessment used.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form. If you would like to speak to the recruitment team regarding this, you can contact them on hrrecruitment@hmtreasury.gov.uk
11. Will this role be overseen by the Civil Service Commission?
Yes. As this is a senior post within the Civil Service, a Commissioner will oversee the recruitment process and chair the selection panel.
More detailed information can be found on the Civil Service Commission website.

12. What do I do if I want to make a complaint?
Our recruitment process is underpinned by the principle of recruitment based on fair and open competition with decisions made on the basis of 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: hrrecruitment@hmtreasury.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 FAQs The Department The Role Person Specification Salary & Benefits Application Process Diversity & Inclusion Contact Us<br>
slide16. FAQs 13. What should I do if I think that I have a conflict of interest?
Candidates must note the requirement to declare any interests that might cause questions to be raised about their approach to the business of the Department.
If you believe that you may have a conflict of interest, please ensure that this is declared in your supporting statement.
14. What is the assignment duration of a Senior Civil Servant?
An assignment duration is the period of time a Senior Civil Servant is expected to remain in the same post to enable them to deliver on the agreed key business outcomes. As part of accepting this role you will be agreeing to the expected assignment duration set out above. This will not result in a contractual change to your terms and conditions. Please note this is an expectation only, is not something which is written into your terms and conditions or indeed which the Department or you are bound by. It will depend on your personal circumstances at a particular time and the department’s business needs and, for example, would not preclude any absence like family friendly leave. It is nonetheless an important expectation, which is why we ask you to confirm you agree to the assignment duration set out above. If you have any concerns or question about this please contact the vacancy manager. FAQs The Department The Role Person Specification Salary & Benefits Application Process Diversity & Inclusion Contact Us<br>
slide17. Diversity & Inclusion The Department The Role Person Specification Salary & Benefits Application Process FAQs HM Treasury has a strong commitment to equality and diversity. Our aim is to be an open and inclusive department, recruiting and retaining diverse, talented and high-performing people who support and develop one another.

HM Treasury is a Level 3 Disability Confident Leader. This means we’ve been recognised as an employer which is confident and leading the way in recruiting and retaining staff with disabilities. We will offer an interview to any applicants with a disability who have indicated they wish to take part in the disability confident scheme, provided they meet the essential criteria for the post set out in the person specification.

HM Treasury is committed to being an Equal Opportunities Employer. We wish to ensure that all applicants are treated fairly and appointed solely on their suitability for the role. We welcome the opportunity to speak with you to discuss what adjustments can be made to help you demonstrate your full potential whatever the type of assessment used.

If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form. If you would like to speak to the recruitment team regarding this, you can contact them on hrrecruitment@hmtreasury.gov.uk Diversity & Inclusion Contact Us<br>
slide18. Contact us We encourage all candidates to discuss the role further before submitting an application.
If you have any questions about the role or would like to discuss the post further, please contact the recruitment advisors at GatenbySanderson:
Michael Dobson – michael.dobson@gatenbysanderson.com
Olivia Robinson – olivia.robinson@gatenbysanderson.com
Should you encounter any issues with your online application please get in touch with devon.coates@gatenbysanderson.com<br>