Policy Adviser – Secondary Markets

If you’re interested in making a difference to people’s lives, HM Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK!

Government Policies – the plans we make and actions we take – shape lives. Whether it’s how we fund education, or actions to ensure the health system can deliver during difficult times, the policy we create and implement sets the course of action for all public services.

About the Team

The Securities and Markets (SAM) team develop policy on matters relating to the competitiveness, regulation and, and good functioning of the UK’s financial markets, to support UK growth. The range of our work is wide, from formulating the laws and regulations which govern the behaviour of investment bankers and traders, to ensuring that UK financial markets continue to attract the best UK and overseas companies and are a powerful driver for economic growth.

About the role

We are looking for a Policy Adviser in the Secondary Markets branch, joining two other policy advisers working closely with others from the wider Securities and Markets team. Your responsibilities will be wide-ranging and involve driving forward the delivery of several high-profile ministerial priorities to improve UK markets. This includes the policy and legislation to deliver on key secondary markets measures announced as part of the Chancellor’s flagship Edinburgh Reforms package, as well delivering the recommendations of the UK’s Wholesale Markets Review. The post holder will also play a pivotal role in overhauling EU-inherited regulation as it relates to secondary market so that it is fit for the UK.

Key accountabilities

1. Leading on the implementation of the Investment Research Review; taking forward to the policy development of a Research Platform a new unprecedented policy initiative, and reviewing how, cross-cutting regulation impacts applies to investment research in collaboration with other HMT policy teams and the FCA.
2. Leading on reforms to the secondary markets regulation that the UK has inherited from the EU (MiFID), including instructing legal advisers on and delivering the required legislation to implement new UK policy.
3. Becoming the HMT subject matter expert on areas of secondary markets policy, independently preparing advice for Ministers and seniors on key strategic decisions related to secondary markets policy and regulation;
4. Supporting Ministers and seniors across a wide range of industry engagement, including ministerial roundtable and speeches;

For a full list of accountabilities, please follow the apply link.

About you

Although you will be encouraged to quickly build subject matter expertise in secondary markets, you don’t need to be a policy professional or have any specific qualifications to apply to work as a Policy Adviser at HM Treasury. We are looking for people who have the right set of skills for the role, who demonstrate the values of our organisation, and who are motivated to come and work with us on a range of issues that are at the heart of how we spend money and deliver public services. The branch has a strong focus on personal development, where you will be encouraged to pursue stretching projects to enable you to develop and thrive. If this sounds like you, we'd love to hear from you!

About us

HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances regardless of disability, ethnicity, LGBT+ identity and socio-economic status. 

Some of the Benefits our people love! 

• 25 days annual leave (rising to 30 days 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 you to take up to an additional 2 days off each month.
• Flexible working patterns (part-time, job-share, compressed hours). 
• Generous parental leave and adoption leave packages. 
• A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27%
• Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
• A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes.
• Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping.
• A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
• Access to a range of allowances if eligibility applies. These include profession related allowances.  

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 HM Treasury recruitment team.