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- Tasks: Lead analytical projects and manage an Apprentice Economist while collaborating with policy teams.
- Company: Join HM Treasury's Analytical Projects Unit, a supportive team influencing key public policies.
- Benefits: Enjoy 25 days annual leave, flexible working, and generous parental leave packages.
- Why this job: Gain valuable experience in high-profile projects and build a strong professional network.
- Qualifications: Experience in delivering analytical projects and ability to work collaboratively is essential.
- Other info: Opportunities for personal development and involvement in diverse staff networks.
The predicted salary is between 28800 - 43200 £ per year.
Do you have excellent analytical skills and are looking for a varied and stretching portfolio of responsibilities? If so, read on!
About the Team
The Analytical Projects Unit sits within the Economic Risks and Analytical Projects Unit team in the Economics Group. It provides analytical expertise and support to critical projects across HM Treasury. Members of the team are deployed on projects covering a range of public policy issues - both influencing HMT's macroeconomic policy within Economics Group and building the evidence base for policymaking across other areas. The Unit is led by a Grade 6, with two Grade 7, three Senior Executive Officers, one Higher Executive Officer, and two Economics Apprentices. Oversight is provided by the Deputy Director for Economic Risks and Analytical Projects Unit and the Director of Economics. It is a friendly and supportive team, working in a matrix management style, where team members feel valued. Joining the team is an excellent way of gaining an overview of HMT's work, building a network, and being involved in high-profile Ministerial priorities.
About the Job
Key accountabilities for this role include:
- The Unit employs a matrix management structure for staff working on projects. The post holder will be responsible for line management of an Apprentice Economist with a strong focus on staff development.
- The post holder will build effective relationships with the project managers to whom project staff are allocated to ensure excellent day-to-day management and regular feedback is provided.
- Integrating in a new team and becoming abreast of the policy area quickly. This will include understanding who key stakeholders are, proactively developing an understanding of the area, and setting the project's scope within this.
- Scoping out and planning analytical projects, including by identifying the best analytical techniques, the key outputs, and prioritising work streams with the greatest impact to improve HMT's understanding of an issue and inform policy advice.
- Delivering high quality analytical projects at pace, working collaboratively with policy teams across HM Treasury and other Government departments. There may also be opportunities to task-manage staff on projects.
- Communicating the conclusions of the project to Senior Officials, Ministers, and other partners, influencing the strategic direction of HMT policy.
About You
You will need to have experience delivering analytical projects, be able to work collaboratively with a range of partners and get up to speed on new issues quickly. You will complete projects lasting around 3 months that apply analytical tools and techniques, as well as economic knowledge, to support policymaking in line with Ministerial priorities, often at pace.
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, or speak to the recruitment team.
Assistant Economist, Analytical Project Unit employer: HM TREASURY-1
Contact Detail:
HM TREASURY-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Economist, Analytical Project Unit
✨Tip Number 1
Familiarise yourself with HM Treasury's current projects and priorities. Understanding the key issues they are tackling will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the economics field, especially those who have experience working with HM Treasury or similar organisations. This can provide you with insights into the team dynamics and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your analytical skills and tools relevant to economic analysis. Being able to discuss specific techniques you've used in past projects will showcase your expertise and readiness for the responsibilities of the Assistant Economist role.
✨Tip Number 4
Prepare to discuss how you would approach managing an Apprentice Economist. Think about your leadership style and how you would foster their development while ensuring project goals are met, as this is a key aspect of the role.
We think you need these skills to ace Assistant Economist, Analytical Project Unit
Some tips for your application 🫡
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and requirements of the Assistant Economist position. Pay attention to the key accountabilities mentioned in the job description, such as delivering analytical projects and building relationships with project managers.
Tailor Your CV: Customise your CV to highlight relevant experience in delivering analytical projects and working collaboratively. Emphasise any specific skills or tools you have used that align with the analytical techniques mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and experience. Use specific examples to demonstrate how you've successfully managed projects or influenced policy decisions in the past. Make sure to express your enthusiasm for the role and the team.
Proofread Your Application: Before submitting your application, take the time to proofread all documents. Check for spelling and grammatical errors, and ensure that your application is clear and concise. A well-presented application reflects your attention to detail and professionalism.
How to prepare for a job interview at HM TREASURY-1
✨Showcase Your Analytical Skills
As an Assistant Economist, you'll need to demonstrate your analytical prowess. Prepare examples of past projects where you've successfully applied analytical techniques to solve complex problems. Be ready to discuss the methodologies you used and the impact of your findings.
✨Understand the Policy Landscape
Familiarise yourself with current public policy issues relevant to HM Treasury. This will not only help you answer questions more effectively but also show your genuine interest in the role. Research recent projects or initiatives that the Analytical Projects Unit has been involved in.
✨Emphasise Team Collaboration
The role requires working collaboratively with various partners. Be prepared to discuss your experience in team settings, how you manage relationships, and any instances where you've successfully influenced project outcomes through teamwork.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about how you would approach scoping and planning analytical projects, and be ready to articulate your thought process clearly during the interview.
