Director General (Economics and Chief Economic Adviser) - HM Treasury

Government Digital & Data; City of Westminster; On-site; GBP 80,000 - 120,000; Full time

Job summary

A governmental economic agency in London is seeking a senior adviser to lead economic policy and sustainability efforts. The ideal candidate will have a Master's degree in economics, proven leadership skills, and a strong track record in economic policy. Responsibilities include advising senior officials, managing key relationships, and providing high-quality economic analysis. This is a senior role within a large department aimed at influencing fiscal policy and growth.

Qualifications

• Strong track record in economic policy with practical experience.
• Outstanding people leadership skills with proven team accomplishments.
• Clear understanding of financial and bond markets.

Responsibilities

• Act as principal adviser to senior government officials.
• Provide leadership to multiple Treasury Groups and ensure economic analysis.
• Manage relationships with key institutions like the Bank of England.

Skills

Economic policy expertise

Leadership skills

Stakeholder engagement

Influencing skills

Education

Master's degree in economics

Job description

Responsibilities

• Act as principal adviser to the Chancellor, Prime Minister and Treasury Ministers on macroeconomy, fiscal policy and growth, and on the macroeconomic and microeconomic implications of wider policy issues.
• Lead Treasury's relationships with the Bank of England (including attendance at the Monetary Policy Committee and acting as Accounting Officer for the Reserves), the Office for Budget Responsibility, the Debt Management Office and its market relations, and international institutions such as the IMF and OECD; chair the G20 Framework Working Group.
• Provide strong leadership to two Treasury Groups comprising 200 staff, and contribute to the overall department as a member of the Executive Management Board.
• Champion economics in government as head of the Government Economic Service (GES), furnishing professional leadership for economists and analysts across HM Treasury and supporting the economic analyses they undertake.
• Lead the Economics Group in delivering high‑quality economic analysis and policy advice, including ongoing surveillance of the UK economy, macroeconomic and microeconomic policy support, and promotion of professionalism for economics and social research in government.
• Lead the Fiscal Group in ensuring the sustainability of public finances over the short, medium and long term through budgets and spending reviews, and in managing the government's balance sheet.

Job Expectations

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, economic credibility and professionalism.

Qualifications

• Economic credibility and professionalism: a strong track record on economic policy, practical experience in the field and thought leadership in macroeconomics.
• Master's‑degree level economics: a minimum of a master's level qualification in economics.
• Knowledge of financial markets: a clear understanding and practical experience of how financial and bond markets function.
• Leadership: outstanding people leadership skills, including a proven record of accomplishment in leading teams and navigating a complex environment.
• Stakeholder engagement and influencing skills: strong influencing and interpersonal skills, and the ability to work well with very senior stakeholders within HM Treasury, across government and more widely.
• Representation skills: ability to provide constructive challenge to, and positive engagement with, UK and international organisations.

Location: London, England, United Kingdom. Employer: HM Treasury. Department size: about 2,000 staff.