Policy Adviser - Prudential Banking

Posted 6 hours 2 minutes ago by HM TREASURY-1

Permanent
Full Time
Other
County Durham, Darlington, United Kingdom, DL1 1
Job Description

Are you looking for a stretching and high profile role with the opportunity to shape Government policy in a wide-ranging and fast-paced area? If so, we'd love to hear from you!

About the Team

The Prudential and Sustainability Team has a varied and high profile remit. We develop policy on prudential regulation and sustainable finance.

The team has taken forward significant amounts of legislation in the last few months, including the Chancellor's announcement on of the UK's approach to the final post-crisis reforms brought in following the financial crisis. We are making significant changes to how UK banks and investment firms can operate in overseas jurisdictions, significantly affecting the UK's international trade. We are also delivering significant work to amend legislation which was inherited from the UK's membership of the EU, this is to ensure legislation operates effectively for the financial services sector.

About the Job

In this role, you will:

  • Maintain a strong understanding of technical financial services (prudential) regulation, to support the Prudential Regulation Authority in developing this regulation, taking into account the Government's economic objectives.
  • Support the application of the Smarter Regulatory Framework by collaborating with legal advisors to prepare legislation that transfers bank capital and liquidity regulation to regulator rulebooks, thereby delivering prudential reforms.
  • Support the direction for, and delivering, policy development regarding overseas regimes related to capital regulation.
  • Support policy development related to securitisation, including advising seniors and ministers on legislative requirements to support regulator rulemaking.
  • Engage with the Prudential Regulation Authority, Financial Conduct Authority, industry, and teams across the Treasury, building strong relationships to support policy making.

This is an exciting, multi-layered role at the heart of economic and financial policymaking at a time when the legislative landscape is fundamentally evolving. This role will provide you with the opportunity to develop meaningful policy, legislative, and project delivery skills.

About You

This role will suit you if you have good communication skills to enable you to provide the best quality advice to seniors and the ministerial team; strong interpersonal skills to be able to take forward challenging long-term policy projects while delivering short-term tasks - such as briefing requests, at pace. You should also have the ability to develop and maintain working relationships with internal and external partners to support and influence policy development, as well as sound judgement to make effective policy decisions and progress policy work in a fast paced environment.

Some of the Benefits our people love!

  • 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King's birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month
  • Flexible working patterns (part-time, job-share, condensed hours)
  • Generous parental and adoption leave packages
  • Access to a generous Defined Benefit pension scheme with employer contributions of 28.97%
  • Access to a cycle-to-work salary sacrifice scheme and season ticket advances
  • A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity

For more information about the role and how to apply, please follow the apply link.

If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at