At a Glance
- Tasks: Shape financial policy and engage with key stakeholders in a dynamic environment.
- Company: Join HM Treasury, a pivotal player in the UK's economic landscape.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Other info: Collaborate with industry leaders and contribute to significant legislative changes.
- Why this job: Make a real impact on the UK's financial system while developing your skills.
- Qualifications: Strong communication and interpersonal skills are essential.
The predicted salary is between 43090 - 46500 £ per year.
Salary: National: £43,090 - £46,500. If the successful candidate is a current Civil Servant joining on level transfer, HM Treasury will honour their current substantive salary if higher.
Contract Type: Permanent
Working Pattern: This post is available on a full time, part time or job share basis, and flexible working hours can be accommodated.
Location: Darlington (Feethams House) only
Do you want an exciting, multifaceted role at the heart of economic and financial policymaking, at a time when the legislative framework for financial services is evolving significantly? This role offers the successful candidate the opportunity to develop strong policy, legislative, and stakeholder engagement skills, while working on high-profile issues affecting the UK’s financial system.
About the Team
The Prudential and Sustainability Team has a varied and high-profile remit. We develop policy on prudential regulation and sustainable finance. We are made up of two units. One unit leads on prudential issues, which this role sits in. The other unit focuses on sustainability issues. The team has taken forward significant amounts of legislation in recent years, including the Chancellor’s announcement of the UK’s approach to the final post-crisis reforms brought in following the financial crisis. We are also making major changes to how UK banks and investment firms can operate in overseas jurisdictions, significantly affecting the UK’s international trade. We are also delivering a programme of work to amend legislation which was inherited from the UK’s membership of the EU to ensure it operates effectively for the financial services sector.
The key responsibilities of the post-holder will be:
- The team is responsible for policy relating to the Capital Requirements Regulation, Securitisation Regulations, the Investment Firms’ Prudential Regime, and the Capital Requirements Directive. This legislation, developed in response to the 2008 financial crisis, ensures that banks hold sufficient capital against risks and that securitisation markets operate safely and effectively.
- The post holder will be expected to adapt to changes in the regulatory and policy environment for banking prudential regulation and securitisation regulation, but key responsibilities will include:
- Leading on key aspects of HM Treasury’s work on the Financial Policy Committee (FPC) review of bank capital.
- Leading HMT’s work on the prudential treatment of cryptoassets, in collaboration with the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).
- Advising senior officials and Ministers on how UK regulators are implementing new rules on bank capital requirements and securitisation.
- Supporting HM Treasury’s work assessing the impact of EU banking regulation on the UK and identifying appropriate mitigants to support the growth and competitiveness of the UK banking sector.
- Developing and maintaining a strong understanding of prudential regulation, including frameworks such as Basel 3.1 (the final set of post-crisis reforms relating to bank capital), and monitoring developments in other jurisdictions’ implementation and the implications for the UK.
- Supporting the development of securitisation policy, including providing advice to senior stakeholders on legislative requirements to enable regulator rulemaking.
- Building and maintaining strong relationships across the PRA, FCA, industry, and HM Treasury to support effective policymaking.
- Contributing to the wider work of the department to ensure financial regulation and policy supports competitiveness and growth, while maintaining financial stability.
This job requires:
- Good verbal and written communication skills to provide the best quality advice to seniors and ministers.
- Interpersonal skills to be able to take forward challenging long‑term policy projects while delivering short‑term tasks - such as briefing requests, at pace.
- The ability to develop and maintain working relationships with internal and external stakeholders to support and influence policy development.
- Sound judgement to make effective policy decisions and progress policy work in a fast‑paced environment.
About You
We want you to have the ability to look at complicated information, weigh up different options and clearly explain your recommendation. We want you to be able to demonstrate that you can meet short term demands while continuing to progress longer-term strategic work. As well as having the ability to build good relationships with colleagues from different teams and use these connections to drive the goals forward.
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.
Policy Adviser - Prudential Banking employer: HM TREASURY
HM Treasury is an exceptional employer, offering a dynamic work environment in Darlington where employees can engage in meaningful policymaking that shapes the UK's financial landscape. With flexible working arrangements, generous leave policies, and a strong commitment to employee development, staff are empowered to grow their skills while contributing to high-profile projects. The inclusive culture fosters collaboration across teams, ensuring that every voice is heard and valued.
