Salary range: £37,653 - £43,701 per annum. Salary is negotiable depending on experience.
Work location: Westminster City Hall, 64 Victoria Street, Westminster, SW1E 6QP
Hours per week: 36
Contract type: Permanent
About Us:
THE EXTRAORDINARY STORY OF THE CARRICK YARD INVESTMENT
The Innovation and Change directorate in Westminster City Council is a world of extraordinary stories, where we go above and beyond for our residents – in all sorts of pioneering ways. Our work has the ability to have profound impact on residents’ lives. By being smart and courageous with the council’s finances means we can achieve more for our residents.
Take the Carrick Yard housing development in Luton Street. When a big international building firm couldn’t find a sales partner, we stepped in to create a joint venture partnership and underwrite any unsold units to protect our investment. Then when we felt a big banking partner would be overcharging the venture for financing the development, we decided to finance it ourselves. The result? 171 homes are now under construction, leading the redevelopment of the Church Street area, whilst the council is projecting a potential return on investment of almost 14% – far in excess of anything that can be achieved on cash deposits in current market conditions.
And why does this success matter? Because it allows us to invest even more in public services that are the lifeblood of our communities.
Please view the extraordinary story of the Carrick Yard Investment here.
The Role:
As an Economist you can make your own powerful contribution at the heart of our Innovation and Change Directorate’s Strategy & Intelligence team.
Strategy & Intelligence plays a high profile role in defining our Fairer Westminster strategy – which includes work to tackle climate change, regenerate Oxford Street and integrate smart technology into residents’ homes to better support social care.
A key member of its Economics and Data Science Unit, you’ll directly influence policy. That includes helping with our Economic Development Plan, developing socio-economic Ward profiles and writing Cabinet Member briefings. You’ll also evaluate schemes like Westminster Wheels, a paid cycle mechanics training programme, and use novel data sets to shape our Cost of Living Strategy.
In turn, the team’s a passionate, highly skilled group from a broad range of disciplines. Expect a mix of both independent and collaborative projects – as you deliver a broad spectrum of work for a central London authority with a national and international profile.
Please refer to the Job Description for more information.
About You:
We’re looking for a proven economist with good knowledge of applied economics and quantitative analysis. Degree-educated (with at least 50% of micro and macroeconomics modules), you’ll be used to going beyond the analysis of national and regional datasets, to interpret findings and draw appropriate, insightful conclusions.
Well organised and happy to balance competing demands; you’ll be a confident communicator able to explain complex topics to non-experts. It’s also a given that you’re a champion of the power of economics to deliver positive change.
What We Offer:
Westminster is an amazing place. We are home to over 250,000 residents from all backgrounds, over 50,000 vibrant and vital businesses and three-quarters-of-a-million people work in Westminster. Westminster City Council’s strategy is to work towards a Fairer Westminster. A Fairer Westminster is one in which our communities are at the heart of our decision-making and help to determine the city’s future. By working directly with our communities and other partners, we can build a more inclusive city that celebrates our diverse communities, and where residents, workers and visitors from all backgrounds will feel welcome and safe.
At Westminster City Council, we pride ourselves on being an inclusive workplace and employer of choice. We encourage and welcome applications from people from all backgrounds and aim to have a workforce that, at all levels, represents the communities we serve. We champion equality, diversity, inclusion and wellbeing and aim to create a workplace where everyone feels valued, has a sense of belonging and is empowered to be their best, that is the Westminster Way. To find out more about how we do this visit https://www.westminster.gov.uk/health-and-social-care/public-health-strategy-policies-and-reports/equality-duties
As a forward-thinking Council we appreciate that people work in different ways, therefore our staff benefit from working a range of flexible working patterns as well as Agile working.
The Council is a Disability Confident Employer. If you have declared a disability in your application, we guarantee an interview if you meet the essential criteria of the job. If you are invited for interview, you will be asked if you need any reasonable adjustments in order to attend, and we will make these wherever possible.
How to apply
Please click the apply button.to submit your application.
Closing date: 02 April 2023
Interview date: Week commencing 10 April 2023
Contact details for an informal discussion: Hajer Al-Hamali, Senior Economist, 07961060527, or via email: HAL-HAMALI@WESTMINSTER.GOV.UK
