HM Treasury
Deputy Director, Banking Assets and Resolution Strategy
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
This post can be based in London (1 Horse Guards Road) or Darlington (Feethams House).
Job Summary
Working at HM Treasury puts you at the heart of government, making a difference to the UK economy and ultimately to people’s lives right across the UK.
Jobs at the Treasury are fast-paced, fun and can offer unparalleled perspective – not least the opportunity to advise Ministers on the decisions which directly determine the UK’s prosperity. Deep in our DNA is a commitment to empowering our people: maximising individual and collective impact, with interesting work no matter your role or seniority.
Day-to-day you could be supporting Ministers to decide the right level of a specific tax or line of government spending; helping maintain the stability of financial markets; analysing the long-term trends impacting the future of the economy; or enabling this work as part of our vital corporate functions.
We are a high-performing department and proud to have outstanding staff from a wide range of backgrounds. We are also a friendly, inclusive and sociable workplace that prides itself on fostering great team spirit. Our two largest offices are 1 Horse Guards Road in London, opposite St James’ Park, and the Darlington Economic Campus, which also contains eight other departments. We work seamlessly across all our sites, including Norwich, Birmingham and Leeds, as one Treasury.
We are both a 1,000-year-old institution and dynamic, forward-looking economics and finance ministry, with a strong direction set by our organisational strategy, the Future Treasury Vision. The 21st century offers huge opportunities and poses new challenges for the UK. Working at the Treasury is your chance to help the country chart the right course.
Job Description
Key Accountabilities for this role include:
- Playing an active role in the leadership of the Group through membership of the Group Management Team, which is operated as collective leadership forum for the resourcing and management of the Group.
- Lead the BARS team of around 20 FTE, managing resourcing, developing capability and providing direction to ensure a high performing, engaged and effective team. Critically, this will involve integrating new policy functions into the team, ensuring new team members are well supported.
- Advising Ministers and senior officials on all aspects of resolution policy and banking regulation (ring-fencing and microprudential regulation), building trusting relationships and ensuring high-quality evidence-based advice that balances competing objectives.
- Build influential relationships with a range of partners, in particular with delivery partners in the Bank of England, the Financial Conduct Authority, the Financial Services Compensation Scheme, UKAR and UKGI, and with external stakeholders in the financial sector.
- Deliver effective reform of the bank ring-fencing regime, working with Treasury colleagues, the Bank of England, and through Parliament to achieve the desired outcomes in line with Minsters’ objectives in the relevant primary and secondary legislation.
- Ensure the resolution regime keeps pace with an evolving risk environment, including through advancing plans to put in place a resolution regime for insurance companies, ensuring that any changes are proportionate, and deliver core protections for taxpayers and customers.
- Deliver ambitious reform to the bank prudential regulation regime that balances resilience with retaining UK competitiveness, including working on the ongoing implementation of Basel 3.1 and a wide set of initiatives relevant to the UK banking sector.
- Ensure the team is a proactive and effective steward of HMT’s residual UKAR liabilities, addressing risks and developing mitigation strategies in its ongoing wind-down programme.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Candidate Drop-In Session
We will be running a candidate drop-in session for this role to give you greater insight about the role as well as the chance to learn more about HM Treasury and the recruitment process. If you would like to join us, then use the appropriate link below to join the call at the right time.
Thursday 3 September, 11:00–12:00 click the link to join
If you would like to speak to the hiring manager informally prior to the closing date for applications to find out more about the job, please contact Lowri Khan (lowri.khan@hmtreasury.gov.uk)
Visa sponsorship is not available for this role.
Key Accountabilities For This Role Include
- Playing an active role in the leadership of the Group through membership of the Group Management Team, which is operated as collective leadership forum for the resourcing and management of the Group.
- Lead the BARS team of around 20 FTE, managing resourcing, developing capability and providing direction to ensure a high performing, engaged and effective team. Critically, this will involve integrating new policy functions into the team, ensuring new team members are well supported.
- Advising Ministers and senior officials on all aspects of resolution policy and banking regulation (ring-fencing and microprudential regulation), building trusting relationships and ensuring high-quality evidence-based advice that balances competing objectives.
- Build influential relationships with a range of partners, in particular with delivery partners in the Bank of England, the Financial Conduct Authority, the Financial Services Compensation Scheme, UKAR and UKGI, and with external stakeholders in the financial sector.
- Deliver effective reform of the bank ring-fencing regime, working with Treasury colleagues, the Bank of England, and through Parliament to achieve the desired outcomes in line with Minsters’ objectives in the relevant primary and secondary legislation.
- Ensure the resolution regime keeps pace with an evolving risk environment, including through advancing plans to put in place a resolution regime for insurance companies, ensuring that any changes are proportionate, and deliver core protections for taxpayers and customers.
- Deliver ambitious reform to the bank prudential regulation regime that balances resilience with retaining UK competitiveness, including working on the ongoing implementation of Basel 3.1 and a wide set of initiatives relevant to the UK banking sector.
- Ensure the team is a proactive and effective steward of HMT’s residual UKAR liabilities, addressing risks and developing mitigation strategies in its ongoing wind-down programme.
Candidate Drop-In Session
We will be running a candidate drop-in session for this role to give you greater insight about the role as well as the chance to learn more about HM Treasury and the recruitment process. If you would like to join us, then use the appropriate link below to join the call at the right time.
Thursday 3 September, 11:00–12:00 click the link to join
If you would like to speak to the hiring manager informally prior to the closing date for applications to find out more about the job, please contact Lowri Khan (lowri.khan@hmtreasury.gov.uk)
Visa sponsorship is not available for this role.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Person specification
While in post, the successful candidate will be expected to perform well across the full range of Senior Civil Service behaviours set out in the Success Profile framework and demonstrate commitment to Civil Service values.
The Essential Criteria For The Purpose Of Selection Are
- In depth understanding of the financial sector and its regulation, especially banking regulation, its legislative basis, and the ability to apply this knowledge to developing and delivering financial sector regulatory policy within government.
- Evidence of leading policy and strategy development in technically complex areas involving multiple teams or organisations, taking account of a range of strategic objectives and the delivery landscape (seeing the big picture).
- Excellent leadership and management skills with a proven track record of leading and forging diverse teams in a way that maintains motivation, capability and performance in a context of competing and changing priorities (leadership).
- Proven track record of working successfully with and influencing senior leaders, including by communicating complex technical content in a compelling way (communicating and influencing).
- Evidence of building effective relationships with internal and external stakeholders to build a compelling vision for change, influence strategy and improve delivery (working together).
Required Qualifications
An economics, central banking or finance related degree, or relevant experience in financial sector regulation is essential.
Applications
Applications should consist of a CV (of no more than 3 sides) and a 1000-word personal statement demonstrating evidence of how you meet the skills, behaviours and experience detailed in the person specification.
Please note that only applications submitted through Civil Service Jobs will be accepted.
Applications will be reviewed by the panel to select those which demonstrate the best fit with the post against the criteria set out in the person specification.
Qualifications
An economics, central banking or finance related degree, or relevant experience in financial sector regulation is essential.
Behaviours
We'll assess you against these behaviours during the selection process:
- Communicating and Influencing
- Leadership
- Making Effective Decisions
- Seeing the Big Picture
- Working Together
Technical skills
We'll assess you against these technical skills during the selection process:
- Please prove evidence of an in depth understanding of the financial sector and its regulation and the ability to apply this to delivering policy
Benefits
Alongside your salary of £86,000, HM Treasury contributes £24,914 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).
- Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King’s birthday.
- Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
- Parental Leave Packages - Including 6 months’ occupational pay for maternity/adoption, shared parental leave options.
- Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
- Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury’s benefits portal for a wide
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location