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- Tasks: Assist in delivering analytical projects and manage an Apprentice Economist.
- Company: Join HM Treasury's Analytical Projects Unit, influencing key public policy issues.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Why this job: Gain valuable experience, build a network, and contribute to high-profile Ministerial priorities.
- Qualifications: Experience in analytical projects and ability to collaborate with diverse partners required.
- Other info: Opportunities for professional development and involvement in active staff networks.
The predicted salary is between 28800 - 48000 £ 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.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form.
Assistant Economist, Analytical Project Unit employer: HM TREASURY
Contact Detail:
HM TREASURY 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 demonstrate your knowledge during interviews and show that you're genuinely interested in contributing to their work.
✨Tip Number 2
Network with professionals in the economics field, especially those who have experience working with government departments. This can provide you with insights into the role and may even lead to valuable referrals or recommendations.
✨Tip Number 3
Brush up on your analytical skills and tools relevant to economic analysis. Being able to discuss specific techniques and how you've applied them in past projects will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience in managing projects and teams. Highlighting your ability to lead and develop others, particularly in a collaborative environment, will resonate well with the expectations of this role.
We think you need these skills to ace Assistant Economist, Analytical Project Unit
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and requirements. Highlight your analytical skills and experience in delivering projects, as these are crucial for the Assistant Economist position.
Tailor Your CV: Customise your CV to reflect relevant experience that aligns with the job's key accountabilities. Emphasise your ability to work collaboratively, manage projects, and communicate effectively with stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for economics and analytical work. Mention specific examples of past projects where you successfully applied analytical techniques and influenced policy outcomes.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your writing is clear and concise, reflecting your attention to detail, which is essential for this role.
How to prepare for a job interview at HM TREASURY
✨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, and be ready to discuss the outcomes.
✨Understand the Policy Landscape
Familiarise yourself with current public policy issues relevant to HM Treasury. Being able to discuss these topics intelligently will show your commitment and understanding of the role's context.
✨Emphasise Team Collaboration
The role involves working closely with various teams. Be prepared to share experiences where you've effectively collaborated with others, highlighting your ability to build relationships and manage projects in a matrix structure.
✨Prepare for Stakeholder Communication
You'll need to communicate findings to senior officials and ministers. Practice articulating complex ideas clearly and concisely, as well as how you would influence policy decisions based on your analyses.
