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GES Summer vacation student placement scheme 2018

Transcript of Useful information - assets.publishing.service.gov.uk€¦  · Web viewInvestigating UK Household...

GES Summer vacation student placement

scheme 2018

Job descriptions

Business, Energy & Industrial Strategy (B EIS)

Location: London

Salary: £23,018 per annum

Posts available: 10

BEIS is a new department at the heart of the Government’s agenda, with a vision of an economy that works for everyone. We are responsible for developing and delivering a comprehensive industrial strategy and leading the Government’s relationship with Business; we work to tackle climate change and ensure that the country has secure energy supplies that are reliable, affordable and clean. Our role is vital to lead the Government’s vision in a context of momentous change, responding to both the short-term domestic impact of the UKs withdrawal from the European Union and working to define the next stage.

The role:

The post holder will support the team they work in meeting these objectives through collating evidence to inform policy development, which could involve monitoring key indicators, collating industry evidence and reviewing key publications and you will work on projects to improve the departments evidence base. Work tasks are likely to cover research and evidence review and collation, application of HMG appraisal guidance, and undertaking spreadsheet based analysis. Placement students will work as part of the Analytical team – this provides great experience of how analysts within Government contribute and influence policy. You will help the teams help understand, build the evidence base for, conduct analysis on, and draw policy conclusions from.

The placement offers an excellent opportunity to work on a high profile policy area and develop core skills including appraisal, monitoring and evaluation methods in Government, mapping software, familiarity with key ONS data sets, and collaborative working across a range of stakeholders.

Typical Week:

A typical week will involve a mixture of rigorous quantitative and qualitative analysis and support to policy development, working alongside policy colleagues and the economist team.

Skills:

The skills developed will mainly be consultancy-type skills, as well as excel and research techniques. The student would be required to synthesise information from a wide range of sources and present this clearly to non-analysts.

Previous experience:

Most of the placements do not require experience in the particular areas although some teams would ideally like need someone with knowledge of econometrics and econometric modelling. Additionally other projects will be ideally suited to someone with knowledge/experience of Excel modelling, working with and handling data.

Areas available:

Generation Costs Economist

Smart Energy Management

Business and Local Growth - Emerging Sectors

Energy Markets, Security and EU Exit

How heat networks investment could contribute to improving local economic growth

Investigating UK Household Gas Price Elasticity

Understanding the impact of the UK’s exit from the EU on emissions trading

Business & Local Growth - Local Enterprise Partnerships

Loan Finance in UK Research Organisations

International Climate Fund

Research and Development Investment

Cabinet Office (CO)

LOCATION: London

NUMBER OF PLACEMENTS: 4

DEPARTMENTAL CONTACT: General queries – [email protected] group - [email protected] digital service - [email protected] & Insight - [email protected]

SALARY: £24,514 per annum

ABOUT US

The Cabinet Office supports the Prime Minister and ensures the effective running of government. We are also the corporate headquarters for government, in partnership with HM Treasury, and we take the lead in certain critical policy areas.

JOB DESCRIPTION

There are 5 GES summer vacation placements available across the Cabinet Office. Applicants will be invited to express their preference for roles during/ after the interview.

Constitution Group Analysis (2 places available)Constitution Group Analysis (CGA) provides economic expertise for a range of high priority and politically sensitive areas in constitutional policy including devolution policy, national elections, intergovernmental relations, electoral registration and the impact of the UK’s Exit from the European Union on the constitution amongst other areas. As one of our economist placement students you will have a genuinely unique opportunity to work at the heart of government at a period of historically unprecedented constitutional change:

Areas of CGA’s work include:

● EU Exit & Devolution: Providing economic analysis relating to EU Exit and Devolution for the Department for Exiting the European Union and providing analytical support to the devolution policy team.

● National Elections: Performing cost-benefit analysis of measures designed to combat electoral fraud, developing the election funding model for future national elections and providing analytical support to policy teams involved in the effective running of national elections.

● Electoral registration: Providing analytical support to policy teams involved in modernising the electoral registration process. The work conducted by these teams include conducting nationwide randomised control trials aimed at streamlining the household canvass process, and improving democratic engagement and maximising electoral registration - particularly among

under-registered groups.

All economist interns would be an integral part of a dynamic and supportive analytical team which works across the Constitution group to provide a wide-range of economic analysis for policy teams.

Government Digital Service (2 places available)

GDS is the world's leading public sector digital transformation service. Working in innovative public service areas to drive improvements and efficiencies. Economists work with (and often within) digital product teams to identify performance measures (especially monetary savings), source, collect, cleanse data (from digital analytics and other sources), complete robust analysis and tell compelling, actionable stories to help justify the digital transformation of government and the wider public sector.

Analysis & Insight team (1 place available)

Analysis & Insight (A&I) is the central analytical team within Cabinet Office and is looking for one summer placement student.

Analysis & Insight comprises economists, statisticians, social researchers. It is a part of the Civil Service Group (CSG), which uses its unique vantage point across the whole of government to support the wider Civil Service to meet current and future challenges, such as withdrawal from the EU and transforming the way it works in order to modernise and reform.

A&I plays a fundamental role in ensuring that policy development and delivery in the Cabinet Office is evidence-based, value for money and evaluated. It is the home for Cabinet Office wide programmes, such as the Civil Service People Survey and international government effectiveness and innovation, and the economics sub team provides a consultancy service to a range of teams across the department.

Changing team priorities mean we will agree the precise nature of the work nearer the time, taking into account the skills and interests of candidates. Likely areas a placement student in A&I could work on include:

● Productivity and efficiency - contributing to our understanding of how public sector productivity in the UK can be improved

● Civil Service Group - providing an analytical perspective on key priority areas, such as the functions of government, and the civil service strategy

● Business cases - helping to critically evaluate the strength of business cases submitted to the Cabinet Office’s Investment Approval Committee; developing knowledge of the business case process within government, and ensuring the economic section of cases follows Green Book guidance

As well as working for the Analysis & Insight team, the successful candidate will have the opportunity to collaborate with other Cabinet Office economist placement students on an analytical project. Towards the end of the placement the group will be invited to present to senior civil service leaders including the Cabinet Office Chief Economist.

Department for Communities and Local Government (DCLG)

Location: LondonPosts available: 4Salary: £24,270 per annum

Please note:Successful candidates will need to pass the CTC security checks to work at CLG. This requires candidates to have been resident in the UK for the past 3 years.

The Ministry of Housing, Communities and Local Government’s job is to create great places to live and work, and give more power to local people to shape what happens in their area. Our work is focused on four main areas:

Better local services for people;

Helping people to have a home of their own;

Supporting businesses to grow and create job

Supporting strong communities where people feel they belong.

As an analytical summer student within DCLG you will be responsible for a variety of unique and interesting pieces of analytical work supporting our policies. These roles vary across different business areas, but frequently involve liaising with other government departments and external stakeholders, working collaboratively across teams within DCLG to deliver research outputs, and provide analytical solutions for customers.

The posts are based in DCLG’s Analysis and Data Directorate and this is a multi-disciplinary team comprising data scientists, economists, operational researchers, social researchers, statisticians, IT specialists and data collection teams. The Directorate is a vibrant, fast-moving and high profile place to work and is at the heart of delivering critical evidence for the Department and other stakeholders. You will be expected to work alongside policy colleagues and provide analysis to support their work.

Analysis and Data Directorate provides analysis on all DCLG’s policies. Our priority areas include:

Robust National and Official Statistics including on house building, planning, affordable housing and land use

the English Housing Survey (EHS) - https://www.gov.uk/government/collections/english-housing-survey

Expert analysis and advice on the housing market; planning and key policies such as Right to Buy

Local government finance settlement; council tax and business rates

local public service reform and improving public sector efficiency

Cities and local economic growth, and Enterprise Zones

Wellbeing and the Indices of Multiple Deprivation

Homelessness and domestic abuse

Open Data Communities - http://opendatacommunities.org/

As a summer student with DCLG you can expect to work with experienced government analysts on high priority projects. You will have the opportunity to use your technical skills on the job and will be able to acquire new skills as part of the internship role. Working in DCLG will give you the chance to work alongside experienced policy makers and give you a real insight into policy making today.

Opportunities

We will agree the precise nature of your work with us nearer the time depending on the skills and interests of candidates but opportunities include:

To provide analysis to inform high priority policy issues;

To apply economic theories and principles to public policy issues;

To work closely with analysts across government, including HM Treasury;

To gain experience of working in an analytical team in government;

Explain economic concepts and analytical results in plain English to policymakers

To gain exposure to work of the division on developing innovative new tools and techniques for analysing data and sharing results

To work in a multi-disciplinary environment with analysts of different specialisms, building the evidence base on troubled families and other policy areas

Assisting with the production of innovative mapping and data visualisation outputs to support briefing for Ministers and outputs for our stakeholders and partners

Feeding new insights and ideas into our Directorate’s shared information blog

Person specification

This post would suit individuals who:

Interest and/or experience working in applied analysis in which strong analytical or data collection skills have been clearly demonstrated

Strong background in microeconomic theory and excellent analytical skills.

Knowledge and/or experience of using MS Office – i.e. PowerPoint, Word, and Excel.

Interest and/or experience of taking an evidenced based approach to help inform, and make recommended decisions

A good track record of maintaining and developing relationships, communicating to influence and challenge effectively

Interest in applying economic theories to public policy and the public sector. Networking and discussing the wider implications of research findings with other analysts and policy officials

Have some data visualisation and GIS mapping experience.

Enjoy working in a team and can build relationships and work collaboratively

Are self-starters and can work independently

Department for Environment, Food & Rural Affairs (DEFRA)

Location: London (Bristol or York this might be possible)

Salary: £22,740 (London) £19,640 (National) per annum

John Curnow

John Curnow is the Chief Economist at the Department

for Environment, Food and Rural Affairs. John’s previous roles include economist positions at Monitor (part of NHS Improvement) and HM Treasury.

Thank you for your interest in these roles.

In Defra, we deal with a vast range of issues that profoundly

impact on people’s lives. We are responsible for England’s

environment, our countryside and rural economy, the food and

farming sectors (which together make up around 7% of the UK

economy) and have lead responsibility for protection from a

wide range of natural threats and hazards.

This is a particularly exciting time to join Defra, not least as an

economist. We are one of the lead Departments in delivering a

successful exit from the EU. Leaving the EU will fundamentally

change the work we do and how we deliver it. You will have the

opportunity to contribute towards and influence the

development of new approaches and policies on a wide range of

issues affecting millions of people in the UK.

As a trainee economist, you will play an active role in shaping

and delivering Defra’s priorities, working creatively and

collaboratively with others to deliver excellent outcomes. You

will join a vibrant professional community, delivering high-

quality, impactful analysis. These roles will provide significant

opportunities to develop your own skills and future career.

Best wishes

John Curnow

Posts available: 5

Background to Defra, the Department for Environment, Food and Rural Affairs

Our vision is to create a great place for living for people in this country. We have developed a set

of seven strategic priorities for the next five years covering our policy outcomes and corporate

objectives.

There are also four impact objectives which explain our ambitious long term aims, and the

positive differences we will make to the UK by 2020:

A cleaner, healthier environment which benefits people and the economy;

A world-leading food and farming industry;

A thriving rural economy, contributing to national prosperity and wellbeing;

A nation protected against natural threats and hazards, with strong response and recovery

capabilities.

Underpinning these is our delivery objective, which describes the high level of service and value

for money we will strive for, and two organisational objectives, which explain how we will

organise ourselves to deliver:

Excellent delivery, to time and budget and with outstanding value for money;

An organisation continually striving to be the best, focussed on outcomes and constantly

challenging itself;

An inclusive, professional workforce where leaders recognise the contribution of people and

build capacity to deliver better business outcomes.

We offer an inclusive culture which embraces and supports our colleagues to achieve and sustain

increased levels of employee wellbeing, engagement and productivity.

Defra has a large and wide-ranging remit, made even more interesting by the added requirements of

EU Exit. Over the next few years, we will be taking on the once in a lifetime challenge of meeting the

hugely complex challenge presented by EU Exit. With over a thousand pieces of EU and national

legislation identified as Defra-owned and underpinning 80% of our work, we have an unparalleled

opportunity to devise policies that best meet the future needs of the UK.

Useful information

Department for Environment, Food & Rural Affairs – website

https://www.gov.uk/government/organisations/department-for-environment-food-rural-affairs

The work you will be doing

You will work with economists and wider analysts in developing the evidence base to inform Defra policy, drawing from a wide range of expertise and providing robust analytical advice. Responsibilities will vary according to post, but could include:

Conducting and reporting analysis, to ensure policy options are underpinned by careful

synthesis of available evidence and forward-looking analysis;

Communicating with and advising policy colleagues on what the latest evidence and analysis

tells you;

Managing stakeholder engagement, analysing and reporting on outputs;

Addressing policy needs through development, testing and application of advanced Excel

models.

Defra is looking for summer placement students to work across a range of areas, including the

following:

The EU Exit and International Trade Analysis Team is a multi-disciplinary team, headed by

an economist. We work in a modular and flexible way, so the role will work on one or more

of the policy issues covered by the directorate. With its political importance internationally,

agriculture provides an interesting lens for working on trade. Not least because of the range

of non-tariff measures, and trade instruments which may be applied to the sector. A key

objective of the team is to identify trade-related economic opportunities and risks for Defra

sectors, including food, agriculture and environmental services, to inform future trade policy

and FTA negotiations. We seek to understand the often unique challenges presented in

relation to analysing and understanding trade in agricultural products. We also explore what

the implications of changing trading relationships are for the UK’s infrastructure and trade-

enabling systems. You will have the opportunity to apply trade economics principles to real

life policy questions.

• Marine & Fisheries teams are developing a new policy framework for the fishing industry

outside of the EU and working to develop systems to manage the marine environment more

sustainably.

• Office of the Chief Economist The central economist team led by the Chief Economist,

responsible for ensuring high quality economic advice and analysis across Defra

• Environmental Quality develops policies and approaches around activities that can impact

on environmental outcomes, including measures to improve air quality, regulations on use

of chemicals and pesticides and policies on waste management, many of which will be

affected by EU exit.

The Economics Profession in Defra

At Defra you will join a cohesive group of economists working to deliver high quality, impactful

economics to achieve great outcomes. To deliver our vision we are working together as a

professional group fostering a strong collective identity to ensure we are impactful, skillful, vibrant

as a community, and connected to the outside world. You will join a culture where continuous

learning is encouraged and colleagues are happy to share their expertise. You’ll have the opportunity

to work alongside colleagues from alternative professions such as policy, science, statistics,

operational research and social research, in a rich learning and policy-making environment. We will

also offer you the chance to develop economic and policy competences through in-work training and

other opportunities, including to attend economic seminars.

Benefits of working for Defra

Equality Diversity and

Inclusion.

Defra values and supports all its employees.

For example, we have strong and pro-active staff networks, special

leave policies for hospital appointments, reasonable adjustments put

in place for those who need them, and diversity talent programmes to

help everyone irrespective of background, to achieve their potential.

Generous Annual Leave

and Bank Holiday

Allowance.

Annual Leave Defra offers 25 days annual leave (pro-rata) for full time

new entrants. Bank Holiday Employees receive 8 public holidays a

year, plus an additional day in May to mark the Queen’s Birthday.

Learning and

Development. Everyone

in Defra is supported to

develop their skills and

capabilities.

Induction All new employees joining (and returning) to Defra will have

an induction to the department, our work and policies.

Mentoring and Coaching. Mentoring is an effective means of

developing your career, boosting your confidence and empowering

both the mentor and mentee. All our employees have the opportunity

to voluntarily engage and work confidentially with a Mentor or a

Coach.

Volunteering. Defra employees are entitled to 3 days (pro-rata) special

leave with pay, per year, for volunteering.

Reservists We fully support reservists and offer 15 days special leave

with pay for training

Salary Sacrifice. Childcare vouchers You can purchase childcare vouchers through

salary sacrifice, up to the value of £243 per month, allowing for

significant tax and national insurance savings on childcare costs.

Bicycle Loan Schemes Defra offers interest-free loans towards the cost

of a bike; and a Cycle to Work Scheme. Defra loans you a bike for your

commute as a tax-free benefit. At the end of the loan period, you have

the option to buy the bike, saving 30% of the original cost

Season Ticket Loan We offer interest-free season ticket loans, to all

Defra employees with more than three months’ service, for purchasing

train and bus season tickets, as well as car parking

Employee Discounts. Defra employees have access to our discount scheme, offering savings

at hundreds of top retailers.

Give as You Earn. Defra is registered with the Give as You Earn scheme, which enables

you to make regular deductions directly from your salary, in support of

a chosen charity. This is simple and tax efficient.

Staff Wellbeing.

We have various

measures in place to

assist with the physical

and emotional health of

our staff.

Flexible working to allow for variations in your hours from day to day,

suiting your needs, and where this is compatible with business needs.

There is further scope to work from home, compressed hours and

more.

Break the Stigma is an employee-led network in Defra which offers

support, information and raises awareness of mental health issues.

Employee Assistance Programme is a free and confidential 24/7

telephone advice service available to our staff.

Our Occupational Health Service (OHS) provides a range of support

services, to optimise your attendance, engagement and performance

at work.

Our Sports and Social Association promotes sports and social activities

and organises our annual sports day and staff lottery.

Our offices offer onsite facilities, including fitness centres and staff

canteens.

Department for International Development (DfID)

Location: London Posts available: 1

Salary: TBC

About the role

The Department for International Development (DFID) leads the UK’s work to end extreme poverty, promote stability and contribute to the 17 Global Goals for sustainable development. We're ending the need for aid by creating jobs, unlocking the potential of marginalised groups and helping to save lives when humanitarian emergencies hit.

Following the launch of DFIDs Economic Development Strategy in 2017, the Strategy Team leads DFID’s approach to implementation, which includes policy coherence and external stakeholder engagement. The team is also the focal point on Whitehall Prosperity relationships in DFID’s focus regions (i.e. Africa, South Asia and the Middle East) and provides support on cross-cutting policy issues (e.g. trade & investment, migration, fragility etc.)

The role is predominantly aimed at supporting analysis undertaken by the economists within Strategy Team, and as such, will require strong Microsoft Office skills – Excel for data analysis, and Powerpoint for supporting the design and content of presentations. Strong written and communicative skills are also required as the role involves speaking directly with senior stakeholders both internally and externally.

Given the ad hoc nature of the role, precise areas of responsibility can to some extent be tailored to your skill set, preferences and development needs. Candidates will need to be able to prioritise their time and work effectively. High performers in this role will have the opportunity to lead areas or projects independently, so this post would be most suited to an ambitious analyst looking to demonstrate readiness for promotion.

Although you will largely be supporting work undertaken by economists on development, no prior experience of working on development is required, nor a deep understanding of development theories.

Person specification:

Seeing the Big Picture Essential

Take an active interest in expanding knowledge of areas related to their work. Ensure that work is effectively prioritised according to wider business needs

Collaborating and Partnering Essential

Proactively seek information, resources and support from others outside own team in order to achieve results

Demonstrate interest in others and develop a range of contacts outside own team to help get the job done.

Leading and Communicating Desirable

Display enthusiasm around goals and activities – adopting a positive approach when interacting with others

Express ideas effectively, both orally and in writing, and with sensitivity and respect for others.

Delivering at Pace Desirable

Create regular reviews of what and who is required to make a project/activity successful and make ongoing improvements

Remain positive and focused on achieving outcomes despite setbacks.

Department for Transport (DFT)

Number of placements: 12

Location: London

Salary: based on the annual equivalent of £22,370

The UK’s transport system is used by most of the population every day, whether travelling to and

from work, school, shops, hospitals, or just meeting friends and family. The international freight

industry ensures that there are food and goods in the shops, and prompt delivery of parts and raw

materials. Most of the transport industry is in the private sector: much of it is subject to safety or

economic regulation, often under international agreement; some of it – especially public transport –

is subsidised by the taxpayer.

The Department for Transport is investing to make journeys better: simpler, faster and more

reliable. Our plan will support jobs, enable business growth, and bring our country closer together.

We are supporting a record £70 billion investment in rail, roads, ports and airports. We are funding

the biggest rail modernisation since Victorian times, and the most extensive improvements to roads

since the 1970s. We are making transport safer and more sustainable. We will leave a lasting legacy

for future generations.

The Role of Economists

Our analysis gives ministers fresh ideas about big, complex issues and deep insight into policy

options. We advise which investments are best value for money. We analyse the wide ranging

economic impacts of transport schemes. We assess the social and environmental benefits and costs,

to get a full picture of the impact of a scheme.

We look ahead at key trends in society, such as population growth or the number of trips people

take, to forecast how demand for transport will change in the future.

Our analysts are currently influencing a wide range of programmes, for example:

Analysis to support key decisions on the future scope of Crossrail 2

Cost benefit analysis on the development of clean air zones regulations

Developing the evidence base around connected and autonomous vehicles

Estimating the likely carbon footprint of various transport modes

Working in DfT

Our roles offer the chance to put your academic knowledge and skills into practice and gain

experience in government economics, in an organisation that genuinely values sound analytical

thinking.

Your manager will give you a thorough induction to your team and your role, so you’re quickly able

to make the most of your work. They’ll be close by when you need them – for tips, technical

guidance, or just a sounding board for your ideas.

You’ll be able to collaborate with and learn from peers, senior economists and other analyst

professionals including statisticians, operational researchers, transport modellers, social researchers

and scientists.

Further Information

Contact Kirstie Burgin, tel: 07825 014931, email: [email protected]

Department of Health (DH)

Number of placements: 2

Location: 1 post in London, other post may be London or Leeds

Salary payable: National £18,507, London £22,217 per annum

Job summary

Overview area of work and post

The role is based in the Department of Health, working with an experienced government economist on issues relevant to developing and current government policy.

Summer students will have the opportunity to gain experience working alongside a professional government economist to understand how academic knowledge of economics is applied in the public sector.

The team works on several topics analysing the performance of the NHS in both historical and international context and understanding the future challenges the NHS may face. In this role, the placement student will have the opportunity to work on a variety of projects and will directly contribute to briefing documents for ministers and senior civil servants.

Summer students are fully supported in developing the knowledge and skills they require to contribute to the work of the team, this includes support in learning analytical techniques used by government analysts and developing existing I.T. skills.

Many previous placement students have joined the GES as fast stream analysts following graduation. In this role the placement student will have the opportunity to meet and work with current fast streamers to gain understand and gain experience in the work they do.

Key objectives for this role

Key objectives for the role include:

Gaining knowledge and skills of government economics Experience of working in the Civil Service Working alongside an experienced government Economist. Raise awareness of the Department of Health Fast Stream.

Responsibilities and tasks

Data analysis using MS Excel and other statistical software

Competences working on your own initiative, organising and prioritising time; producing results/determination

Key interactions: who will the role work closely with?

All students will be a assigned a designated line manager to work with during their duration of the placement who will be responsible for their professional development.

Department for International Trade (DIT)

Number of posts: 7

Location: London

Salary: £23,574 per annum

This is an exciting opportunity to experience and contribute to analytical work which is informing the key policy development of a government department. The placement will involve working in analyst teams that are developing the evidence base and economic analysis to support the International Trade Department and play a crucial role in supporting and shaping the UK’s policy and process in trade and investment. Not only will the placement offer the opportunity to see how international trade and investment theory relate to real-world strategy and policy development, but will also provide an insight into how trade and investment policy choices are made, and the role of good quality analysis in informing them.

There are five interdisciplinary teams analyst teams in the department supporting the range of DIT’s responsibilities, including trade policy and trade agreements to trade and investment promotion and business planning. The teams will offer opportunities to apply creative and strategic thinking through contributing to the wider analysis and research program to ensure it meets the department’s needs.

Placements may have the opportunity to lead on some projects and contribute on others. Tasks can include reviewing literature, preparing and interpreting data, preparing analysis and explaining the findings to colleagues about what it means for policy choices, briefing, and possibly be involved in some trade case work (e.g. trade defence cases). For a few posts there may be an opportunity to undertake some economic and trade modelling. As the work of the department is new and rapidly evolving the actual areas of work will be determined at the time of the placement and depend on evolving policy requirements.

Exact areas that will be covered by the placements will vary depending on the role in the team and needs but the key broad areas include:

Analysis in support of the UK’s future independent UK trade policy and its potential impacts to support planning on both negotiations and operations;

Analysing trends in global and UK trade and investment; Analysis on key subjects such as trade in services and the impact of regulations on trade; Analysis in support of decisions on trade defence actions; Analysis in support of departmental business planning purposes; Assess, monitor, and evaluate the impact of our trade and investment promotion activities; Supporting the development of export services to UK business and investors.

The placement may also offer an opportunity to interact and engage with a wide range of stakeholders including our overseas stationed staff, other government departments and other international institutions and the opportunity to communicate economic concepts to non-economists.

Department for Work & Pensions (DWP)

Location: Leeds, London, Newcastle and Sheffield

Salary: Leeds, Newcastle and Sheffield – no less than £18,478; London – no less than £22,649 per annum

Number of placements: up to 6

Job description:Economists in DWP play a pivotal role in providing high quality, influential analysis for Ministers and policy makers, to make decisions to deliver ground breaking initiatives to improve the lives of millions. We go beyond the theory and apply our economics knowledge to real-world problems. We analyse data, build models and trial the latest thinking in economic and behavioural theory, to ensure that high quality evidence is brought to bear on all aspects of policy and delivery design, implementation and evaluation.

In doing so, we help the department to tackle a huge range of interesting and high-profile policy challenges such as:

How can we provide greater security, choice and dignity for people in retirement, while also ensuring the system is sustainable for the future?

How can we maximise the opportunities whilst minimising the risks for the UK labour market from EU Exit?

How can we most effectively support people to move into employment and achieve financial independence?

How can we halve the disability employment gap by supporting disabled people and people with long term health conditions to get in and stay in employment?

How can we create a fair and affordable welfare system which improves the life chances of children and of adults?

How can we ensure value for money for the taxpayer by reducing our operating costs, whilst continuing to improve the efficiency and effectiveness of our services and delivery?

Student economists in DWP are highly valued and have the chance to work on high-profile areas. They will be part of our thriving economist community, with regular economist debates, economist reading groups, annual conference and socials across all our hub locations.

As economists, we are also part of the analytical community and will often work in teams with a mixture of analysts, including not just other economists, but also statisticians, social researchers and operational researchers. The DWP has the biggest analytical community across Whitehall which means there are always lots of exciting activities going on from analytical training courses, seminars and socials.

Summer placements should last a minimum of 10 weeks. During their time in the Department, summer students will gain an excellent insight into what it is like to work in the GES, and the skills they need to become an effective economist, such as:

Technical analytical skills such as how to undertake applied data analysis using statistical software

How to communicate analysis clearly and effectively, both verbally and in writing.

The ability to work with a huge range of stakeholders of various professions, from across DWP, other government departments and beyond.

DWP recruits a relatively large student cohort each year, so you will have lots of opportunities to build links with each other, and shape your placements to get the most out of them.

Lots of our students return to us as Assistant Economists after graduating, which is a testament to how much our students enjoy their time with us at DWP. Many cite the breadth of roles available to analysts in DWP – and therefore the range of new challenges available – as a reason for choosing to return.

A note on recruitment to our Newcastle Hub:

We’re delighted to be able to broaden our Economics Student Placements offer to include our Newcastle hub (Benton Park View), for the first time. Due to our economist community currently being smaller in Newcastle than our other three hubs, in order to ensure that any students who choose Newcastle have a suitable support network, we have a limited number of Newcastle places on offer in this round. Thus, there is a chance that we may not be able to offer this location to all successful candidates who have Newcastle as their preferred location. Should this be the case, we will discuss with individual candidates.

Foreign & Commonwealth Office (FCO)

Number of placements: 4

Location of placements: London

Salary payable: around £18,520 + £4,520 London Location Allowance (this is subject to change) per annum

The purpose of the Foreign and Commonwealth Office is to work for UK interests in a safe, just and prosperous world. Economists in the FCO have an exciting opportunity to promote this agenda by providing analysis and advice on a wide range of foreign policy issues.

Economists at the FCO are at the heart of the FCO’s economist network in London, and are involved in many of the organisation’s most pressing and high profile topics. These go beyond the traditional definition of economic policy and recently have included contributing to the agendas on climate change and energy, G7, World Trade Organisation and World Economic Forum, development issues, debt relief, energy security and food security.

Working in the Foreign and Commonwealth Office will give an excellent insight into the organisation’s priorities and way of working. It will also be a good opportunity to learn about the skills and qualities needed to succeed as a government economist.

N.B. Applicants must be British Citizens and have been resident in the UK for at least two of the previous ten years, at least one year of which must have been a consecutive twelve month period.

We are looking for four placement students to work in the central Economics Unit, Economic Diplomacy Directorate and Europe Directorate.

The successful candidates will be expected to assist members of their team in their duties. This includes helping produce briefing for Ministers, Ambassadors and senior officials and collating, presenting and disseminating data and other information. The role in the Europe Directorate is less analytically focused, though allows successful candidates to work on the strategically important issue of forging a new relationship with the EU. The successful candidates will be expected to add to their team’s knowledge base by producing at least one free-standing piece of analysis on a topic of direct relevance. Last year’s students produced reports explaining credit ratings, assisted wider thematic work on the global economy and produced updates on the World Economic Outlook.

The key skills required are an ability to:

• Absorb and process a large amount of information quickly;

• Explain economic concepts persuasively to a non-economic audience;

• Present analysis clearly, both in speaking and writing.

• Work effectively with others.

Experience in these teams would stand a graduate in good stead for a career in the Government Economic Service or outside government, for example in a business organisation or NGO.

Food Standards Agency (FSA)

Number of placements: 1

Location of placements: London

Salary payable: £21,412 p.a. (£3294 (8 weeks) - £4,941 (12 weeks))

Background

The Analytics Unit provides central analytical support to the Agency. It includes economists, statisticians, operational researchers and social science research. The Unit sits within the Science & Evidence Research Division (SERD) and is led by a G6 Head of Analytics and Chief Economist.

The economics team is comprised of one sandwich placement student (AO) and three Assistant Economist (AE) posts at HEO-D level (fast stream) supporting two G7 Economic Advisers. All economists, including Assistants, are recruited through and members of the Government Economic Service (GES).

The Post

Working at the FSA is challenging but exciting. The post holder will work within the economics team, supporting AEs in providing general economic advice and economic inputs to briefings including ad hoc pieces of economic analysis and data gathering. The position is focused on the food safety policy area. Flexibility and the ability to think through problems from first principles are essential as well as a capacity for original thinking and an ability to apply existing economic theory and knowledge. The role is largely guided by priorities within the strategic plan and emerging issues.

The main responsibilities are:

Contribute to economic briefings; Contribute to economic analysis; Economic data gathering.

Person Specification

Essential Criteria

Knowledge of first principle micro-economics and its application; Knowledge of quantitative and numerical analysis skills; Ability to communicate economic and other technical analysis effectively; Ability to work effectively as part of a team.

Desirable Criteria

Knowledge of the theoretical application of economic appraisal/ evaluation is also an advantage.

For further enquiries about this position please contact Nicholas Daniel on 0207 276 8203 / email [email protected]

HM Treasury (HMT)

Location: London

Salary: £22000 per annumPosts available: 21

HMT Job descriptions can be found at the end of this document

Ministry of Defence (MOD)

Number of placements: 2

Location of placements: London

Salary payable: £20,932 (annual equivalent)

Brief description of post The two posts will be in the small Ministry of Defence (MOD) economics team, which is first port of call for most types of MoD economic advice. The branch provides regular advice on macro- and micro- economic issues, and ad hoc work on the UK economy to guide Defence policy. The branch also conducts original research on a wide range of defence economics topics.

Five Key skills the post holder will gain/develop

- Application of economics knowledge

- Communication with non-economists

- Analytical and innovative thinking

- Excel skills and use of R statistical programming software

- Report drafting

Clearance requirements Security Clearance (SC) and UK National

National Audit Office (NAO)

Number of placements: 3

Location of placements: Either:

London Office: 157-197 Buckingham Palace Road, Victoria, London, SW1W 9SP

Newcastle Office: 4th Floor, St Nicholas Building, St Nicholas Street, Newcastle Upon Tyne, Tyne & Wear, NE1 1RF

Salary payable: £23,174 per year (London) per annum

£17,660 per year (Newcastle) per annum

Job description: The positions are based within the NAO’s Value for Money audit teams, which aim to provide assurance to Parliament on the efficiency, economy and effectiveness of government spending and regulation.

Successful candidates will use their economic and data-handling experience to provide analytical support to a range of teams across different policy areas. Responsibilities include:

Undertaking research into a wide range of relevant topics

Gathering, analysing and interpreting data Interpreting and presenting findings clearly and

succinctly and contributing to the drafting of reports

Providing written and oral briefings to managers and senior staff

Office of Gas and Electricity Markets (OFGEM)

DEPARTMENT: Ofgem LOCATION: London (Canary Wharf) or GlasgowNUMBER OF PLACEMENTS: 2SALARY: £21800 (London)/ £19815 (Glasgow) per annum pro-rata

ABOUT US

Ofgem regulates the gas and electricity markets in Great Britain. Ofgem is committed to making a positive difference for energy consumers through effective regulation of the market and close working with suppliers to ensure sustainable energy for consumers and businesses in the UK.

JOB DESCRIPTION

We have 2 positions available within the Office of the Chief Economist, lasting between 6 and 12 weeks.

The Office of the Chief Economist (OCE) was set up in October 2016, as part of the Improving Regulation division. Our objectives are to ensure that: • Ofgem decisions are based on sound evidence and analysis and are recognised as robust internally and externally. • Ofgem has a consistent and comprehensive view of key energy market developments • Analysts feel a strong sense of professional responsibility and pride, and be able to draw on a supportive network of like-minded people.

The Office of the Chief Economist (OCE) is a team of around 20 specialists with diverse backgrounds aiming to ensure that Ofgem’s decisions are supported by robust analysis and that Ofgem has a consistent and comprehensive view of key energy market development.

In these roles, you would have the opportunity to be involved in the research and analysis of key issues relating to the functioning of the energy market. As well as developing your analytical skills, you would have the chance to demonstrate your communication skills by writing up your results, drafting parts of reports and presenting your results to the wider team. There may also be opportunities to get involved in working with colleagues across Ofgem, for example through the quality assurance of policy teams’ analysis.

Office for National Statistics (ONS)

Number of placements: 12

Location of placements: All in Newport and 1 post in London

Salary: £17,974 per annum

Overview of ONS

The Office for National Statistics is the UK’s largest independent producer of official statistics and the recognised national statistical institute of the UK. It is responsible for collecting and publishing statistics related to the economy, population and society at national, regional and local levels. It plays a leading role in national and international good practice in the production of official statistics.

Generic objectives

Assessing regular economic statistics releases for 'quality assurance' and economic coherence Economic briefing on sectors of the economy to inform compilers of wider economic context Analytical notes or articles relating to ONS statistics and economic context, but with a more medium term focus Presentations/seminars on economic developments, in broad terms or in relation to specific economic statistics Contribution to/engagement with learning and development activities for/by economists Data 'digging' and research to support analytical work/notes and development of economic statistics Support statistical production areas with research, analysis and development

The roles on offer at ONS, are in a variety of different business divisions. Some examples of the type of work carried out can be found below:

Surveys and Economic Indicators

The Annual Business Survey (ABS) is one of the largest surveys conducted by the ONS. The survey covers the production, construction, distribution and service industries and measures the structure, content and performance of the UK non-financial business economy. ABS data are used directly within other areas of ONS such as the national accounts, most notably within the production of the annual supply and use tables. The data are also widely used across other government departments and provided to Eurostat to meet the Structural Business Statistics (SBS) regulation.

A summer students will work on the ABS statistical team and carry out a variety of tasks such as producing and analysing data, assisting with publications, and leading on ad-hoc project work for internal and external stakeholders. The role will offer training opportunities and the ability to use statistical systems such as SAS.

Prices Division

The Prices division produce a number of headline economic statistics, including figures on consumer price inflation and producer prices. The summer student will work as part of a team developing the use of alternative data sources in consumer price statistics. This includes working with various 'big datasets', including price data scraped from the internet. ONS has recently completed a Eurostat grant to research how alternative data sources can be used in the development and production of consumer price statistics (findings published here). The summer student will work with other members of the team to research methods of using web scraped and scanner data and help develop

systems to support the inclusion of new data sources in consumer price statistics. They will develop coding skills in R/Python through training courses.

Economic Statistics Strategy, Research and Architecture

The two posts in the Productivity Group will be based in the Labour Productivity and Intangible & Infrastructure Assets team. The former post will be a support role for our quarterly publications. The post-holder will be expected to examine and summarise the results of our labour productivity system, compose briefing for senior internal staff and write commentary for our quarterly outputs. The latter post will be focussed on helping ONS to develop new estimates of intangible and infrastructure assets: examining new datasets and constructing outputs for publication. Both roles are in high-profile teams within ONS, and are at the centre of ONS efforts to improve understanding of the Productivity Puzzle. Both roles will involve a degree of cross-team working - giving variety of work - and both will be expected to make a contribution to the wider Productivity Group. The post-holders can expect to gain first-hand experience of working with datasets in this area, to develop their analytical skills and to improve their data management and programming capabilities.

Sector and Financial Accounts Balance of Payment and Trade

UK Trade project, SFABT/ESTPTo support the work of the product management team within the UK Trade project, which prioritises and refines the work necessary to fulfil the requirements of the UK Trade Development Plan. The student would work within an Agile approach to project management, working with the product management team to refine and manage the project backlog. There would also be opportunity for analytical work, by collaborating with/providing supportive analysis to the project teams - such as reviewing alternative methodological approaches, or testing systems for implementation into Live development.

UK Trade, SFABT/ESTPIn the UK, both imports and exports have been growing over time, but imports have been higher than exports since the late 1990s – meaning the UK has been running a trade deficit. The UK balance of trade can be looked at in more detail by breaking it down into goods and services. Over three months the summer student will be involved in analysing trade trends in further detail. This would include analysis of key import and export commodities/services and trading partners as well as trade trends within industries.

HM Treasury (HMT)

Posts available: 18

Location: London

Salary: £22,000 per annum pro rota

Job Title:

Roads Projects Policy Adviser

Range: Summer Placement Student

Group:

EGU Team: Transport

Line Manager:

Zak Oozeerally Current post-holder:

Time Limited Role

Background information

The Roads Branch in the Transport Spending Team exercise HMT controls in relation to DfT’s major road projects run by Highways England. These include schemes which will have a wider strategic impact in unlocking growth, such as the Lower Thames Crossing and the A303. Both schemes are CX priorities and the XST has been tasked with ensuring timely and efficient delivery. As major construction projects both schemes are subject to full project lifecycle processes, including various gateways and approval points. This summer the Lower Thames Crossing and the A303 schemes will face Major Project Review Group meetings and assessment of their fitness.

Role Profile

This role will take the lead on HMT preparations and advice for senior HMT decision makers at the MPRGs for the Lower Thames Crossing and the A303. Tasks for the role include:

a) Developing knowledge of the projects’ objectives, history to date, project plans and business case;

b) Engaging with DfT and HE colleagues to develop HMT understanding of the major issues for MPRG to consider and develop advice to HMT senior decision makers about issues to probe;

c) Briefing senior HMT decision makers and ensuring their areas of concern shape the presentations at the MPRG

d) Helping to organise and document the formal MPRG;

e) Ensuring a proper record of follow up requirements from MPRG and setting up any necessary processes and forward plans to ensure that these are met.

The student will work closely with an experienced Range D who will be able to help steer and give guidance and feedback on the work. There will also be opportunities to present directly to the E2 and DD and to receive wider input from the team about career and skills development.

Key competences & skills

- Ability to understand strategic and economic appraisal of projects;- Project planning- Good written and oral briefing skills to set out arguments and lines of questioning

simply and clearly, explaining complex detail- Good ability to engage with a range of different interested parties (stakeholders) to

influence them and reflect their views.

Job Title:

Summer Student Range: B

Group:

Financial Stability Team: System Stability and Analysis (SSA)

Line Manager:

Dominic Hemming-Brown

Current post-holder:

n/a

Background information

The Financial Stability Group

The Financial Stability Group has responsibility for securing the stability of the UK financial sector for the benefit of the UK economy. Our work includes:

Identify and analysing emerging risks to the UK and global financial system, and preparing and responding appropriately

Coordinating recovery and resolution planning for individual financial institutions and developing policy to manage the failure of financial firms

Designing and delivering managed exits from the Government’s share ownership in RBS and other legacy interventions taken on during the financial crisis

Contributing to the successful management of the UK’s exit from the EU by developing policy thinking and analysis on the implications of EU exit for the Treasury’s financial stability and financial services objectives

Leading Treasury engagement with the Bank of England’s Financial Policy Committee (FPC) and the G20’s Financial Stability Board

Delivering the structural separation of retail and investment banking (ring-fencing)

System Stability and Analysis (SSA)

The System Stability and Analysis team comprises 15 people, working in three branches: the EU Analysis and Intelligence branch, the Analytical and Structural Reform branch, and the Macro-prudential and International Standard branch. We are a friendly and hard-working team, with a mix of strong analytical, policy, strategic, and stakeholder management skills. The team come from a wide range of backgrounds including HM Treasury, other Whitehall departments, and straight from university.

Role Profile

The placement student will primarily be supporting the analytical functions of the System Stability and Analysis team, and will report to a GES economist in the EU Analysis and Intelligence Branch. There may also be opportunities to work on other areas within the remit of SSA and the Financial Stability Group.

The role will provide opportunities for you to develop specialist knowledge on financial stability issues and the financial services sector, and develop skills in data management and analysis, writing, organising, and presenting. There will also be opportunities to engage with economists and policy advisors across HM Treasury, as well as senior staff and ministers.

Responsibilities are likely to include:

- Carrying out and supporting research projects on emerging financial stability and financial services sector issues, through literature review, data gathering, and data analysis

- Presenting the findings of research findings across the Financial Stability group and HM Treasury

- Monitoring and providing briefing and updates on the performance of the UK, European and US banking sector’s performance

- Monitoring and providing briefing and updates on developments in financial markets

Previous placement students have undertaken projects on topics such as the impact of low interest rates on the banking sector and asset prices, the impact of rapid growth in consumer credit, and the development of London as a financial centre.

Key competences & skills

We are looking for an enthusiastic and proactive individual with a good knowledge of macroeconomics and interest in finance. They will:

• have a strong interest in macroeconomics and financial economics

• be self-organised with good time management skills, and able to work both independently and as part of a team

• have the ability to work in a fast-paced environment to tight deadlines

• be numerate and have a good eye for detail and presentation

• make use of software packages including Excel, PowerPoint, Word, and Bloomberg, as well as the opportunity to carry out econometric analysis in Stata or eViews. Training in these packaged can be provided.

Job Title:

Student economist Range: Student (B)

Group:

SPB Team: Budget and Finance Bill

Line Manager:

Ollie Popescu Current post-holder:

N/A

Background information

This post sits within the Economics branch in the Budget and Finance Bill team within Strategy, Planning and Budget (SPB).

The branch acts as a centre of economic expertise, directing analysis of fiscal risks across the tax system; overseeing the indirect effects process by which the economic impacts of Budget policies are factored into the OBR forecast; and carrying out cross-cutting economic analysis across a range of subjects.

Role Profile

This role would involve assisting colleagues in the Economics branch undertake projects that help to advance the Treasury’s knowledge of the economics of tax. Though the precise projects would not be specified until nearer the applicant’s start date, to provide some examples the most recent postholder carried out (among others) the following projects:

a summary of the link between tax and economic growth;

international comparisons of tax progressivity and complexity;

a survey of recent tax-related reports produced by think tanks;

an analysis of regional tax and spending in the UK, based on a recently published ONS dataset.

Key competences & skills

We are looking for an individual with intellectual curiosity and an ability to analyse, test and

explain ideas and economic concepts within a policy framework. Key attributes include:

enthusiasm and high levels of motivation;

strong numeracy and analytical skills, able to quickly grasp and analyse issues; good inter-personal skills, enjoys working with different people;

an eye to detail and solid writing skills; and an interest in the economics of public policy.

In addition, experience in data analysis (incl. econometric software) would be preferable.

Job Title:

Summer student Range: B

Group:

Financial Services Group Team: Securities, Markets and Banking

Line Manager:

Kate Hinchy/Verena Carmichael

Current post-holder:

N/A

Background information

Financial Services Group

The Financial Services Group promotes a stable and efficient financial services sector that supports growth in the UK economy and promotes good outcomes for consumers and businesses, by:

Promoting growth in the UK economy across all sectors and regions by ensuring financial services operate efficiently and competitively.

Supporting macroeconomic stability by ensuring that UK, EU and international regulation reduces risk of financial and wider macroeconomic instability.

Prioritising good outcomes for consumers and businesses through appropriate regulatory reform, effective competition and better informed consumers.

Securities, Markets and Banking team

This team brings together policy on securities and markets with prudential banking policy. The Security and Markets part of the team deals with policy and regulatory issues relating to financial markets, including market infrastructures (trading venues, clearing houses and settlement) and derivatives and foreign exchange markets where the UK and City is the pre-eminent global centre. The financial services industry is a significant sector of the UK economy, and one in which the nature and implications of the UK’s current membership is particularly complex. We are currently in a period of unprecedented change for many of these markets, to a large extent driven by regulatory changes in response to both the global financial crisis and high profile conduct scandals.

The team plays an important role in EU withdrawal, with responsibility for providing the internal Treasury expertise and advice needed to inform the UK’s negotiation and implementation of policy for this part of the FS sector.

The team delivers its policy objectives through close working with colleagues within the Bank of England, FCA, UKREP, and routinely engages with industry and EU stakeholders such as the European Commission and European Parliament. The team is also responsible for supporting major international negotiations, at the EU and FSB/G20 level.

Role Profile

The successful candidate will analyse live policy issues relating to financial services to support the team’s overall agenda.

Key competences & skills

The ability to quickly grasps complex issues and to explain them clearly and concisely to non-experts.

Good drafting and analytical skills Strong stakeholder management skills, excellent team player

Job Title:

GES summer placement student

Range: Student

Group:

Public Services Team: Various (2 x bids across the group)

Line Manager:

TBC Current post-holder:

TBC

Background information

The Public Services Group is a friendly and collaborative group at the heart of the Treasury’s objectives: sustainable public finances and higher productivity. Our principal objective is to manage public spending of over £250 billion covering the key public services and departments – including health, education, the police, the criminal justice system, local government, housing, culture, defence and the devolved administrations.

We do this by working with Departments, Ministers, special advisors, senior officials and other Treasury teams to ensure spending plans support high quality public services and provide value for money for the taxpayer. We also lead for the Treasury on a number of high profile and challenging reform agendas – in areas such as the NHS, schools, local government funding and fiscal devolution.

Our work offers a range of opportunities to develop and demonstrate core Treasury competencies, such as working with senior stakeholders in other Departments, managing risks to public service delivery, and scrutinizing commercial decisions.

Role Profile

There are two posts available across the group which offer an exciting opportunity to get involved in some high-profile policy areas, while developing a variety of practical skills that will aid you throughout your future career.

There are seven spending teams in the group which each work to manage public spending of over £250 billion covering the key public services and departments. Teams include: Health, Devolution, Housing, Local Government, Home & Legal, Education, Defence; alongside the Treasury Officer of Accounts and Finance Analytics Control and Technology teams.

There will be a variety of opportunities to work across the team you are allocated to, as well as with other colleagues in HMT and other government departments.

Key competences & skills

We are looking for enthusiastic and proactive individuals with an interest in policy development, and a willingness to develop their economic skills further.

Job Title:

Policy assistant (economics)

Range: B (student)

Group:

BIT Team: Office of Tax Simplification

Line Manager:

David Halsey Current post-holder:

n/a

Background information

This is a bid from the Office of Tax Simplification (OTS) to host an economics student for summer 2018 (for a period of between 6-12 weeks). The OTS is an independent body within HM Treasury, which rigorously investigates opportunities for simplification of the tax system. The OTS works closely with both HM Treasury and HMRC policy and analytical leads in developing advice and recommendations, which are frequently published and attract considerable political, media and professional interest. The OTS develops ideas for tax simplification independently but also leads on Ministerial sponsored ideas for simplification.

Role Profile

To provide economic support (in developing the evidence base) to inform the direction of OTS report conclusions and recommendations.

The person will have the opportunity to apply economic analysis to real world policy issues. Current projects in train include an assessment of capital allowances and depreciation, the impact of future technology on public (tax) administration, review of inheritance tax, and the lifecycle of businesses from start to finish.

The person will also have the opportunity to manage stakeholder relationships with analysts in HMT and HMRC, challenging economic assumptions and developing robust economic analysis of the impacts of specific elements of current tax policy.

Although full support will be given to the person in developing their analysis, the capacity to work autonomously would be desirable.

Key competences & skills

Ability to apply economic knowledge and analysis to answer economic and policy questions and to deploy that knowledge and analysis clearly and persuasively.

Ability to effectively challenge economic assumptions and to develop robust methodologies to support emerging conclusions

Ability to contribute to reports on tax simplification, explaining concepts and conclusions both in writing and orally to non-economists.

Job Title:

Summer Intern: Model Unit

Range: B

Group:

Economics Team: Model Unit

Line Manager:

Chloe Kane (tbc) Current post-holder:

N/A

Background information

The Model Unit provides technical analytical support to the work of the Economics Group, and the Treasury more broadly. It is responsible for the Treasury’s Macroeconomic Model, and for ensuring the Treasury and Office of Budget Responsibility jointly have the quantitative tools to produce macroeconomic forecasts and conduct risk and policy analysis. The Model Unit also works closely with colleagues in the Fiscal Group, particularly in the run up to Fiscal events.

Role Profile

The core objective of the placement will be to assist the model unit in maintenance and development of the Macroeconomic Model that is jointly used by the Treasury and Office of Budget Responsibility. Core tasks would include:

• Econometric re-estimation of some of the equations in the model. This would involve re-estimating the equation for a small number of selected macroeconomic variables as needed. Topics might include e.g. re-estimating the equation for household consumption or UK exports. Estimation would make use of an econometrics package, such as Stata or Eviews, as well as Excel.

• Providing research and analytical support for the team’s work on other modelling and model development. This can involve modelling of macroeconomic scenarios or developing existing models to analyse new policy questions.

Key competences & skills

The student needs to be numerate and have a good eye for detail and be able to present complex information in a clear, compelling way. We are particularly seeking a student with knowledge of time series econometrics and an ability to apply this knowledge. This would be likely to suit students studying for degrees with a high econometric content or those who have completed a first degree and are due to commence studying for a masters. An experience of Stata or Eviews would be very helpful, although additional on-the-job training can be provided.You will have a dedicated line manager who will support you during your time in post and will also have the opportunity to participate in internal Treasury professional development courses.You will need to show an ability manage your own time and meet deadlines during periods of project-working.

Job Title:

Student Economist Range: B (Student)

Group:

Personal Tax, Welfare and Pensions (PTWP)

Team: Pensions & Savings Team

Line Manager:

Catherine Osborne Current post-holder:

N/A

Background information

The Group, PTWP, spans personal taxes, welfare payments and labour market policies. A variety of tax and spending roles are performed within the Group, and robust, high quality analysis is needed to support policy making.The post is within the Pensions and Savings policy team. The team is responsible for setting tax policy on private pensions, changes to the State Pension, and policy in relation to savings (e.g. ISA allowances, crowdfunding). The team also houses PTWP’s Strategic Projects unit, which aims to improve the Group’s strategic policy-making function by running projects on cross-cutting and long-term issues across the Group’s policy teams, as well as leading on high-profile strategic issues and capability-building on new and creative policy development opportunities. Role Profile

The post provides an excellent opportunity to work at the centre of policy development – the team routinely advises the Chancellor, Chief Secretary and Economic Secretary to the Treasury on possible policy changes and announcements. Experience of tax, welfare, pensions and savings policy could put the candidate in a good position for graduate applications to work at the Treasury, other Government Departments, the FCA or the financial services industry.

The student will be expected to work flexibly across the pensions and savings team, and is likely to undertake a couple of projects during their time in the team. The precise content of the work will depend on the policy landscape; illustrative examples include:

Performing the analysis for changes to savings tax incentives in order to advise Ministers on policy change, e.g. the economic case for changing ISA limits.

Undertaking an analytical project on a long-term, strategic issue that intersects PTWP’s policy areas, for example on the economic pressure from the ageing UK population

Building capability within PTWP on new and creative policy development opportunities, such as behavioural insights and data science

The student will also respond to Ministerial and public correspondence and Parliamentary Questions on pensions and savings.

Key competences & skills

We are looking for an enthusiastic and proactive individual with a particularly strong knowledge of microeconomics and a keen interest in developing their economic skills further. The jobholder will be highly numerate and have a good eye for detail and presentation. A willingness to work quickly and accurately and to tight deadlines is essential.

The jobholder will make extensive use of software packages including Excel, PowerPoint, Word, Outlook and Stata. Familiarity with these packages is not a prerequisite, as training will be provided.

Job Title:

Analyst (intern), Labour Markets and Distributional Analysis

Range: Intern

Group:

PTWP Team: Labour Markets and Distributional Analysis

Line Manager:

TBD Current post-holder:

N/A

Background information

The Labour Markets and Distributional Analysis (LMDA) team sits within the Personal Tax, Welfare, and Pensions Group (PTWP).

PTWP aims to promote a personal tax and welfare system which supports Government objectives of deficit reduction, economic growth and fairness. This includes high profile areas of personal tax, labour market, welfare, pensions and savings, such as tax avoidance and evasion, automatic enrolment, and Universal Credit. The Group also owns spending control for both HMRC and DWP. These are key areas for the Treasury, with fiscal significance and risk. The Group also has a wider HMT role providing analysis of the overall distributional impacts of tax and benefit reforms on households.

LMDA is made up of three branches: Labour Markets Economics, Labour Markets Policy and Distributional Analysis. The team is responsible for providing analysis and policy advice in order to (i) understand, influence and communicate the distributional impact of government decisions; and (ii) support effective labour market outcomes and ensure spending control and value for money in labour market policy.

Role Profile

Working in either the Labour Market Economics or Distributional Analysis branch, you will contribute to LMDA’s analytical expertise and policy development by undertaking one or more economic projects.

Your work will relate to some of the most central issues in UK economic policy, such as productivity, wages, inequality and standards of living. It will involve applying your economic understanding and analytical skills to one or more analytical projects. Specific projects will be decided closer to the time, based on evolving priorities. Previous students have analysed changes in “insecure” work, comparisons between inequality in the UK and other countries, and the link between productivity and earnings. Project work is likely to involve undertaking data analysis using statistical software and reviewing economic literature and other evidence, as well as writing reports and presenting your conclusions to other analysts and policy makers. The ability to communicate your findings to a range of stakeholders, including to non-technical and senior audiences, will be crucial.

Key competences & skills

Key competences:

Seeing the big picture Making effective decisions

Leading and communicating Collaborating and partnering

Skills specific to this role:

Strong analytical and problem-solving skills Ability to communicate analysis to non-technical audiences, The ability to proactively manage your workload and deliver to deadlines

Job Title:

Summer Intern: Fiscal Statistics and Policy

Range: B

Group:Fiscal Team:

Fiscal Statistics and Policy (FSP)

Line Manager:George Vernon

Current post-holder:

NA

Background information

FSP has overall lead on UK fiscal policy issues covering domestic, European and international angles. It also has the overall lead on the fiscal framework, fiscal judgment, long-term fiscal policy and fiscal risks. This role will be in the Fiscal Economics and Sustainability branch, which covers the economic impact of fiscal policy and long-run sustainability of the public finances.

Role Profile

The primary objective of the placement will be to assist the branch in completing research and analysis to ensure that the UK’s current and future fiscal strategy is informed by cutting edge analysis, the latest global developments and a wide range of competing views.

The key deliverable of this placement is to create Fiscal Group’s first ‘Fiscal Monitor’, an internal publication which will synthesise and draw key insights on the latest research on fiscal policy from academics and international organisations. This can cover a range of relevant topics, including: identifying and measuring fiscal space, the implications of secular stagnation on fiscal policy, and the impact of demographic change on the public finances. It should include insight on how findings relate to the UK, and how this can support or give a different perspective on the ‘Treasury view’ of fiscal policy. There is also opportunity for the student to conduct original analysis.

The result of this will be to improve the Treasury’s understanding and awareness of the latest perspectives on fiscal policy and create a blueprint for doing this is an engaging way on an on-going basis in the future. It will give the student key insights into how evidence and analysis is used in policy making, in a core area of macroeconomics.

Key competences & skills

Strong analytical and critical thinking skills are required. These will needed to both generate analytical content and evaluate the work of others. We are seeking a candidate that can communicate effectively and would welcome applicants who have experience of communicating economic analysis to a non-specialist audience. Candidates will need to show an ability manage their own time and meet deadlines during periods of project-working. The successful applicant will have a dedicated line manager who will support them during their time in post and will also have the opportunity to participate in internal Treasury professional development courses.

Job Title:

Range:

Group:

Business and International Tax

Team: Energy and Transport Taxes

Line Manager:

TBC (Contact: Jon Travis) Current post-holder:

Background information

Business and international tax group

The aim of BIT is to provide strategic oversight of business, environmental, transport, property, VAT and excise taxes that together raise revenue of over £200bn a year, to deliver policy change in consultation with key stakeholders, to handle the UK’s relationships with other countries, the EU and international institutions on tax issues, and to manage and mitigate risks to the UK’s tax base including through tackling avoidance and evasion.

Energy and transport tax team

Within BIT, the Energy and Transport Tax team (ETT) is responsible for the taxation of energy, carbon and natural resources, motoring, aviation, shipping and the North Sea. Overall, the team is responsible for 16 different taxes – each with its own industry. As a result, we are the most outward-facing tax team in HMT, both within Whitehall (we engage with HMRC, DFT, DEFRA and BEIS) and externally (our last stakeholder mapping exercises yielded over 100 organisations). Recent examples of the team’s work include exploring tax and charge options for reducing plastics waste, fiscal support to the oil sector, managing down the costs of North Sea decomissioning, the tax aspects of the National Air Quality Plan, planning for the fiscal implications of the transition to zero emissions vehicles, the implications of Brexit for UK participation in the EU emissions trading system and any successor regime.

Role Profile

At this stage we have not identified the precise project the summer student would undertake. However it is likely to be helping to develop the analytical underpinning in relation to one of 3 key strategic priorities:

taxes and/or charges to encourage the reduction in plastics waste;

the future of road transport taxes given the switch to electric vehicles or

testing the implications of a potential new carbon tax.

Last year’s summer student led on a programme of research into the impact of energy taxes on consumer bills incl. the impact on wholesale prices, domestic and commercial cost comparisons, tax incidence on heavy industry and an international comparative study. The role also involved participation in conferences and working groups externally. The student was also responsible for presenting and taking questions on their work to the cross-Treasury Energy Strategy Group.

Key competences & skills

We would plan to make use of the student’s economic and analytical skills on what would be a micro-economic context. So familiarity with micro-economics would be essential, as would familiarity with relevant IT packages and modelling techniques, etc.

Job Title:

Infrastructure Policy Advisor

Range: HMT Summer Student

Group:

EGU Team: Infrastructure Strategy

Line Manager:

Matthew Campsie Current post-holder:

N/A

Background information

The Infrastructure and Strategy Team in EGU is responsible for long term infrastructure strategy – including sponsoring the National Infrastructure Commission, the £32bn National Productivity Investment Fund, regional infrastructure investment, and implications of Brexit for the construction industry skills and financing. The team works very closely with the Infrastructure and Projects Authority who are responsible for infrastructure delivery across Government.

Role Profile

This year the National Infrastructure Commission will publish the first ever National Infrastructure Assessment this summer. This is an independent view of the long-term infrastructure needs of the UK and deals and will deal with some challenging policy questions. Following the publication of this report – due in the Summer there will be a significant programme of work preparing the Government response which covers a range of policy areas – transport, energy, water, digital.

This is the first time the NIC and Government will have gone through this process so it is crucial for establishing the credibility of the organisation as making meaningful recommendations that are politically endorsed.

This work will create a significant increase in responsibilities and workload of the team and an ideal time for additional strategic thinking and analysis to be completed.

Key competences & skills

Key competencies and skills include:

- Strategic thinking - Use evidence to assess and weigh up policy options- Ability to engage with stakeholders across Government - Understand complex policy issues quickly

Job Title:

Growth economics support

Range:

Group:

EGU Team: Growth and Productivity

Line Manager:

Jacob Matthews Current post-holder:

NA

Background information

Enterprise and Growth UnitThe Enterprise and Growth Unit works to promote sustainable economic growth – by ensuring that Government policy encourages private sector investment, enterprise, innovation and the transition to a low-carbon economy – and to ensure the spending programmes associated with this deliver value for money, make an appropriate contribution to deficit reduction and that the departments we are responsible for live within their SR settlements.

The Growth and Productivity team sits at the heart of the Treasury’s economics ministry function. We:

• take a strategic overview of growth policy, coordinating across HMT, especially at Budget and Autumn Statement

• act as a source of new ideas, including through proactive engagement with business and academia

• leads for HMT on key growth-focussed policy areas of export support, migration, industrial strategy and enterprise policy

• work to ensure that the Government’s existing growth commitments are implemented and keep the effectiveness of existing interventions under review

• have a deep and up-to-date understanding of the evidence base on productivity, which we use to inform policy, and produce analytical projects on the UK’s growth constraints

Role Profile

The GP summer placement student will be required to undertake several projects across the team. These are likely to include research into drivers of UK productivity growth, analysis of the competition in UK markets, understanding business perspectives on Government policies through engaging with business groups, drafting correspondence, and other ad hoc support depending on team priorities at the time.

The student will need to manage their time effectively, be able to work fairly independently, and be flexible to respond to emerging priorities.

Key competences & skills

Ability to comprehend and summarise academic articles, including economic analysis

Able to work independently, and manage multiple deadlines and priorities Strong written and oral communication skills

Competency with Microsoft Excel Willingness to work flexibly, depending on team requirements.

Job Title:

Policy Assistant(Placement Student)

Range: B

Group:

Enterprise & Growth Unit

Team: Energy, Environment & Agriculture

Line Manager:

Alister Forman Current post-holder:

N/A

Background information

The Enterprise and Growth Unit works to promote sustainable economic growth – by ensuring that Government policy encourages private sector investment, enterprise, innovation and the transition to a low-carbon economy – and to ensure the spending programmes associated with this deliver value for money, make an appropriate contribution to deficit reduction and that the departments we are responsible for live within their Spending Review settlements.

The Energy, Environment and Agriculture (EEA) team comprises 15 people working in three branches: energy, climate change, and Defra spending. We are a friendly, hard-working team, dealing with some of the biggest policy challenges facing the UK, such as the future of nuclear power, subsidies for renewable energy, or how to achieve our climate change targets most cost effectively. This requires a mix of strong analytical, policy and stakeholder management skills.

Members of the team come from a wide range of backgrounds, including HM Treasury, the Foreign and Commonwealth Office, the former Department for Energy and Climate Change, Cabinet Office, Ofgem, and straight from university.

Role Profile

The placement student would support cross-cutting work across both Energy and Climate Change branches, which advise the Chancellor and other ministers on energy and climate change policy options, and deliver their objectives across HMG. The successful candidate would be expected to demonstrate flexibility in supporting work across the team, where required, and there would be scope to gain exposure to topics of particular interest within EEA’s portfolio. The successful candidate could, for example, be required to lead on a specific piece of strategic work, help develop a policy paper on energy/climate change issues, or coordinate written briefing for ministers.

The energy and climate change branches work closely together in EEA given the links between these agendas and engage closely with a broad range of external stakeholders. These include energy companies to NGOs, as well as a significant amount of cross-Whitehall engagement with the Department for Business, Energy and Industrial Strategy; Cabinet Office; No.10 and other departments as relevant.

The role will suit a driven candidate with strong analytical skills, who is comfortable examining, interpreting and challenging data, and using the information to inform government policy.

Key competences & skills

1. Ability to think creatively in trying to solve complex and technical issues.

2. Ability to communicate complex information and concepts clearly and succinctly.

3. Comfortable appraising and undertaking basic quantitative analysis, including understanding and applying basic economic concepts

Job Title:

GES Summer Student Range: Student, B/AO

Group:

International and EU Team: European Economics and Policy

Line Manager:

Range D in the Team Current post-holder:

N/A

Background information

The placement will be in the European Economics branch of the European Economics & Policy (EEP) team, which works at the heart of HMT’s EU agenda. The student will be involved in our work on key EU economic issues, including surveillance of all European economies. The student will have the opportunity to engage in cross cutting analysis that supports not only the EEP team but the wider International and EU group.

The EEEP team currently consists of three branches: Market Access Strategy and EU Business, Responsible for overall HMT market

access strategy; lead on Whitehall engagement on market access; horizontal/cross cutting issues; and future EU/UK institutional arrangements. Also lead on State Aid policy; European Semester and Single Market policy.

European Analysis Responsible for providing overall analysis of the economic impact of different alternatives to EU membership, including analytical leadership on key analytical tools/capability, building on HMT’s EU Analysis publications; and leading HMT’s economic analysis to support the government’s negotiation strategy on market access.

European Economics, Overall responsibility for euro area crisis response and the economics of the crisis. Also responsible for assessing European and euro area macroeconomic prospects, and European Central Bank monetary policy. Responsibility for analysis and advice on Euro area governance, EU fiscal policy and growth and structural reform priorities in EU Member States. Key country responsibilities: Germany, France, Ireland, Spain, Portugal and Italy

Role Profile

The student will: Support and undertake relevant, robust and innovative economic analysis to boost

HMT’s knowledge base and understanding of key European economic issues . You will help the branch produce policy relevant value-added research, reflecting EEP’s priorities; and be allocated a specific project which you would be responsible for during the period of your placement.

Contribute actively in assisting EEP, IEU and outside stakeholders in maintaining awareness about euro area economic developments. You may be involved in some or all of the following: 1) contribute to the production of timely, concise euro area economic briefing, which analyses key data and is circulated within HMT on GDP statistics, interest rate decisions, bank lending, unemployment and inflation; 2) circulate across HMT the most relevant external economic research reports on a

regular basis; 3) assist with data research and analysis and provide a flexible and responsive service to stakeholders and team members as and when required; and 4) be available and flexible to assist the team with any further required tasks.

Develop professionally. This position provides an excellent opportunity for you to gain knowledge of European economic issues by working in one of Europe’s largest finance ministries, keeping abreast of real-time developments, reading a wide range of relevant literature, and potentially attending seminars and conferences inside and outside HMT.

Key competences & skills

We are looking for a proactive individual with a strong knowledge of macroeconomics, a keen interest in EU issues, and a desire to develop their economic skills further. The jobholder will be highly numerate, precise, and a strong communicator. A willingness to work quickly and accurately and to tight deadlines is essential.

Job Title:

Customs Summer Student

Range: B

Group:

BIT Team: Customs

Line Manager:

Mark Hazell Current post-holder:

-

Background information

HM Treasury’s Customs team was created following the European Union referendum of June 2016 to develop a new customs policy for when the United Kingdom leaves the EU. It is one of the most high-profile teams in the Treasury, leading on a number of key government priorities. Key work streams include identifying and developing policy options for our future customs relationship with the EU, including consideration of the Northern Ireland / Republic of Ireland land border, and putting in place legislation so this new relationship can be enshrined in law.

This is a complex and fast-moving programme in one of HMT’s main areas of responsibility in the Brexit process. The team leads the policy development, stakeholder engagement and analysis, and legislative preparation on customs, working alongside HMRC policy partners to develop a stand-alone customs regime that delivers a high standard of service to UK importers and exporters and minimises frictions at the border. The team also engages closely and carefully with stakeholders both inside and outside of government who have a vocal interest in future customs policy.

Role Profile

The summer student will join HMT’s Customs Analysis team, which forms part of the wider Infrastructure, Transition and Analysis branch. The branch considers readiness 'at the border', focussing on issues related to transport hub capacity, infrastructure expansion and delivery spending, and also provides analytical support across the team.

The focus of this role is likely to be providing help on impacting legislation, including secondary legislation put in place to support crucial HMT customs policy, which will be a key priority for the analysis team over summer. The post-holder will also get the opportunity to work on a number of other high-profile areas, applying economic theory and developing evidence to support government policy, as well as being able to develop relationships with other economists both in the Treasury and across Whitehall. The work of the customs team is dynamic and changing rapidly, therefore the precise areas of work are indicative only.

Key competences & skills

Requirements:The post holder will need:

A self-starting attitude to dive forward analysis and engagement A strong understanding of economic fundamentals Excellent communication skills, both face-to-face and written and the ability to

explain complex economic concepts to non-economists

Civil service competencies that will be developed:

Leading and communicating Collaborating and partnering Delivering at pace Seeing the bigger picture Application of knowledge (GES competency) Analysis of data (GES competency) Effective communication (GES competency)

Job Title:

Customs Summer Student

Range: B

Group:

BIT Team: Customs

Line Manager:

Karina Pawloff Current post-holder:

-

Background information

HM Treasury’s Customs team was created following the European Union referendum of June 2016 to develop a new customs policy for when the United Kingdom leaves the EU. It is one of the most high-profile teams in the Treasury, leading on a number of key government priorities. Key work streams include identifying and developing policy options for our future customs relationship with the EU, including consideration of the Northern Ireland / Republic of Ireland land border, and putting in place legislation so this new relationship can be enshrined in law.

This is a complex and fast-moving programme in one of HMT’s main areas of responsibility in the Brexit process. The team leads the policy development, stakeholder engagement and analysis, and legislative preparation on customs, working alongside HMRC policy partners to develop a stand-alone customs regime that delivers a high standard of service to UK importers and exporters and minimises frictions at the border. The team also engages closely and carefully with stakeholders both inside and outside of government who have a vocal interest in future customs policy.

Role Profile

The summer student will join HMT’s Customs Analysis team, which forms part of the wider Infrastructure, Transition and Analysis branch. The branch considers readiness 'at the border', focussing on issues related to transport hub capacity, infrastructure expansion and delivery spending, and also provides analytical support across the team.

The role will focus on supporting the analysis team to build up its evidence base on how the UK interacts with the EU, both in terms of customs and wider trade policy, with a view to using analysis to support the UK’s position and evidence base for negotiations. The post-holder will also get the opportunity to work on a number of other high-profile areas, applying economic theory and developing evidence to support government policy, as well as being able to develop relationships with other economists both in the Treasury and across Whitehall. The work of the customs team is dynamic and changing rapidly, therefore the precise areas of work are indicative only.

Key competences & skills

Requirements:The post holder will need:

A self-starting attitude to dive forward analysis and engagement A strong understanding of economic fundamentals Excellent communication skills, both face-to-face and written and the ability to

explain complex economic concepts to non-economists

Civil service competencies that will be developed: Leading and communicating Collaborating and partnering Delivering at pace Seeing the bigger picture Application of knowledge (GES competency) Analysis of data (GES competency) Effective communication (GES competency)

Job Title:

Policy analyst Range: Summer Placement Student

Group:

Enterprise and Growth Unit

Team: Infrastructure, Digital and Culture

Line Manager:

Ben Kobryner / TBC Current post-holder:

n/a

Background information

This post is in the Infrastructure, Digital and Culture (IDC) team in the Enterprise and Growth Unit (EGU) – at the heart of the Treasury’s economic ministry function. IDC is a friendly, flexible and committed team working across an industry and technology focussed agenda. We have hosted student posts in previous years and received great feedback - providing experience, responsibility and a welcoming environment.

The IDC team’s responsibilities include leading on infrastructure strategy; sponsoring the National Infrastructure Commission; policy for the digital economy; and spending control for DCMS (Department for Culture, Media and Sport). Infrastructure strategy and the digital economy are two cross-cutting strategic priorities that are key to HMT’s approach to economic growth; we lead on these alongside a core spending control role. The team is made up of three branches that work closely together.

The placement will be in the digital branch. The branch holds HMT’s strategic and policy lead for the UK’s digital economy, developing HMT’s digital policy across digital technology, applications and media. We also work closely with other HMT teams and across HMG to identify opportunities for growing the digital economy through efficient use of digital technology, services and data. The branch also leads on digital communications infrastructure policy, advising on commercial, market and regulatory issues, and the case for public intervention to support the rollout of telecoms networks including next generation networks such as fibre-optic broadband and 5G mobile. We seek to understand the impact of this increasingly crucial sector of the economy and how government can best enhance this.

Role Profile

This post offers an opportunity to make an impact in a high-profile and developing area of government policy, while developing a variety of practical skills that will aid you throughout your future career.

The role can be tailored to suit the individual but is likely to involve:

Conducting research and analysis on emerging policy issues, for example, the application, impacts and value of new technologies;

Undertaking analysis and providing briefing on the latest economic trends in the telecommunications and tech sectors;

Drafting and contributing to briefings and submissions for senior officials and ministers; and

Developing HMT’s understanding of the UK digital economy’s relative strengths and

weaknesses at an international level.

There will be a variety of other opportunities to work across the team to gain experience in a range of areas, as well as with other colleagues in HMT and other government departments.

Key competences & skills

We are looking for an enthusiastic and proactive individual with an interest in policy development, and a willingness to develop and apply their economic and analytical skills. An interest in technology would be very welcome, but is not essential.

The post-holder must have a good eye for detail, be able to work quickly and accurately to deadlines, and be able to present complex information in a clear, compelling way (both verbally and in writing).

Job Title: Summer Placement Range: B (Equiv.)

Group: Financial Services Team: Global Financial Markets

Line Manager: James Flannery Current post-holder: N/A

Background information

The Trade Unit in Global Financial Markets leads the development and negotiation of UK non-EU financial services trade and investment policy. The unit is tasked with pursuing international financial services objectives via the UK’s new independent trade policy powers and negotiating the financial services elements of comprehensive trade and investment agreements with global partners post-EU Exit.

A key element of our work is compiling a comprehensive evidence base for UK financial services trade and investment policy. Essential to this process is rigorous trade and investment data analysis, to directly inform immediate-term UK negotiating objectives and assess long-term sectoral and market priorities for strategic UK trade policy development.

Role Profile

The role will involve quantitative and qualitative analysis of global financial services trade and investment data. The role-holder will be required to map and analyse sectoral and country-to-country financial services trade flows, including developing an enhanced methodology for projecting future financial services trade patterns. The objective is to create a suite of analytical products to inform the financial services trade policy development process and support wider UK financial services competitiveness objectives.

The role will also involve putting in place a system for managing and updating financial services data, including inputting regular data updates from ONS and HMT/DIT economists.

The role-holder will also assist with the development of an analytical framework for identifying and assessing priority markets for UK financial services and assessing possible ways to present the costs/benefits of financial services provisions in trade agreements given the challenges in this area. This will involve the creation of a set of qualitative and quantitative analytical metrics to rank international financial markets, with a view to developing a proposal on which markets – and specific sub-sectors – should be the focus for HMT’s international financial services strategy.

The role provides an unparalleled opportunity to support the development of the new UK trade agenda. The role-holder will work at the cutting edge of a high priority area for HMT, directly informing policy development and ensuring that UK financial services trade policy is grounded in a strong evidence base. The role-holder will also have the opportunity to gain valuable exposure to wider UK international financial services policy formation.

The position will also give the candidate the chance to interact with a wide range of stakeholders, working with analysts across government – including HMT and DIT – and with regulatory authorities and statistical agencies – e.g. ONS, OECD – as well as leveraging a wide variety of statistical and analytical tools – e.g. OECD Services Trade Restrictiveness Index (STRI) and Trade in Value Added (TiVA).

Key Competencies & Skills

The candidate should have a background in economic and statistical analysis, with a knowledge of

trade economics and statistics highly desirable.

The successful candidate will be able to demonstrate strong presentational skills and an ability to distil complex data analysis into comprehensive and comprehensible products to inform policy development.

The successful applicant will also demonstrate the organisation and initiative to help plan projects, as well as the ability to work collaboratively with a diverse range stakeholders to deliver them.