Head of Households & Housing Market Analysis

Are you looking for an exciting and influential role with the opportunity to work across a wide range of UK macroeconomic issues and the wider policy-making process? If so, we'd love to hear from you!

About the Team

The Macroeconomic Assessment (MA) Team is at the core of the Treasury’s function as an

economics Ministry. MA is a friendly, supportive and inclusive team who work collaboratively to deliver our objective of providing expert macroeconomic analysis to support policy development.

As a team, we play a central role in analysing developments in the UK economy and risks to the outlook. We seek to produce high quality and influential macroeconomic analysis, working with colleagues across the department and the OBR. MA is committed to ensuring the team is a fun, engaging and friendly place to work, where everyone is supported to develop and progress.

About the Job

In this role, you will:

1.      Lead macroeconomic analysis on household consumption, incomes and savings, including analysis on the Government’s Growth Mission commitment to raise living standards over the Parliament.

2.      Lead HMT’s analysis of the housing market.

3.      Advise on the macroeconomic impacts of policy measures that affect the housing market or household finances, working closely with teams in HMRC, Ministry of Housing and the Office for Budget Responsibility.

4.      Communicate your analysis to senior officials, special advisers and Ministers through regular briefing and policy advice.

5.      Develop and maintaining the team’s (predominantly R-based) suite of forecasting and analytical models. Coding experience is not required, but a willingness and enthusiasm to learn is!

6.      Build strong collaborative partnerships with policy and analytical colleagues both inside and outside the department, staying abreast of relevant policy developments to ensure the team’s economic analysis is comprehensive and timely.

7.      Manage and develop a team of two assistant economists and one apprentice economist - providing leadership, support and stretching opportunities.

8.      Promote a positive culture in the team and the group. Contribute to corporate workstreams to help shape the improvement of the organisation. Show a clear commitment to promoting diversity, inclusion and belonging in the team and Group.

In your first months in the role, we would expect you to familiarise yourself with the team’s models, data and analysis to establish yourself as an expert in the household sector, in preparation for leading policy and forecast analysis ahead of the 2025 Autumn Budget. 

We would support you in this through handover from the current post holder, and allowing time and space in your initial time in role to build your knowledge and expertise.

About You

The successful candidate will have the ability to deliver high quality, influential economic analysis. You’ll be able to structure, plan and prioritise to deliver consistently high-quality work on time. You will have effective communication skills, including an ability to distil key messages and uncertainties from technical work and communicate clearly to senior officials and ministers. Lastly you will have the ability to work collaboratively with others and build effective working relationships to deliver joint objectives.

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.l