Head of Economy Team

HM Treasury

Westminster, London, UK

61,200 - £70,000

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Are you looking for a challenging, high-profile role in macroeconomics?

The Office for Budget Responsibility (OBR) was established by the Chancellor in May 2010 to provide independent assessments of the economy, public finances, and fiscal sustainability. We provide independent forecasts of the economy and public finances to inform the Government's fiscal policy decisions, examine the impact of the Government's policy decisions on the public finances, and assess the prospects for achieving the Government's fiscal targets and welfare cap. We publish reports on long-term fiscal sustainability, fiscal risks, and trends in welfare spending, and run a wider work programme of research and analysis into economic and fiscal issues.

The post holder will lead the OBR’s economy team, which is responsible for producing the OBR’s economic forecast and associated analysis, as well as the economy chapters of the twice-yearly Economic and Fiscal Outlook. Outside the forecast, the team is engaged across the OBR’s analytical and research agenda, including working papers and model development. The team also contributes extensively to the OBR’s other key publications, including the Forecast Evaluation Report, Fiscal Risks Report and Fiscal Sustainability Report.

The successful candidate will have a deep and broad understanding of macroeconomics, with experience of applying this expertise in a practical setting. You’ll need excellent management skills, as well as the ability to deliver a broad range of outputs at pace. A strong communicator, you’ll develop and manage relationships with a wide range of stakeholders.

You should also hold an appropriate Economics qualification (undergraduate degree or above).

Benefits of working at the Office of Budget Responsibility include:

  • 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the Queen’s birthday (unless you have a legacy arrangement as an existing Civil Servant)
  • Flexible working patterns (part-time, job-share, condensed hours)
  • Access to a generous Defined Benefit pension scheme with employer contributions. Find out more about Civil Service pensions
  • Onsite restaurant, coffee bar, a gym, and showers
  • Access to a cycle-to-work salary sacrifice scheme, season ticket advances and payroll giving
  • Access to a retail discounts and cashback site
  • A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity (e.g. ethnic minority network, LGBT* network, faith and belief network)

We have a strong commitment to equality and diversity and we are a Disability Confident employer. Our aim is to be a department which is open and accessible, recruiting and retaining diverse, talented and high-performing people who support and develop one another.

Our recruitment process is underpinned by the principle of appointment based on fair and open competition and appointment on merit, as outlined in the Civil Service Commissioners’ Recruitment Principles. If you feel your application has not been treated in accordance with these principles and you wish to make a complaint, you should in the first instance contact HMT by email: hrrecruitment@hmtreasury.gov.uk

If you are not satisfied with the response you receive, you can contact the Civil Service Commission, which regulates all Civil Service recruitment.

To discover more and apply, please click the apply button.

Closing date: 22nd September 2019.


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