Deputy Director, Banking Assets and Resolution Strategy

HM Treasury

Darlington

  • Location

    Darlington

  • Job type

    Permanent

  • Sector

    Central Government

    Private Sector

  • Salary/Remuneration

    c.£71,000 - £85,000, based on experience (Permanent, or Loan / Secondment of up to 2 years)

  • Client

    HM Treasury

Ref: GSe89621

The Treasury is the UK’s economic and finance ministry. It is responsible for formulating and implementing the government’s financial and economic policy.  Its aim is to raise the rate of sustainable growth and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.

The Treasury is a department of roughly 2000 civil servants, that has provided advice on economic policy and decisions that affect the public finances throughout the country’s history.  The Treasury plays a major convening role across government on a broad range of issues, as a vitally important central department. In all that we do, we work closely with other departments, and the wider public and private sectors including the regulators, to ensure public money is spent well and to drive strong and sustainable economic growth.

We are looking for an exceptional candidate to take on the role of Deputy Director, Banking Assets and Resolution within the Financial Stability Group (FS). The FS Group is one of our 14 groups with the aim of securing the stability of the UK financial sector for the benefit of the economy.

The Deputy Director will lead the Banking Assets and Resolution Strategy team, a team of 15 comprising two units, State Owned Banking Assets Unit and the Resolution Policy Unit.  The State-Owned Banking Assets unit is responsible for policy for exiting the government’s shareholding in NatWest Group and for handling the government's exposures to the legacy liabilities of Northern Rock and Bradford & Bingley.  The Resolution Policy Unit is responsible for developing the UK’s resolution regime, which handles the failure of financial sector firms.

The successful candidate will need to bring experience or understanding of financial markets, alongside sophisticated leadership skills which equips them to manage a range of relationships and to succeed in a political environment.  This is an exciting opportunity to join a thriving group, and lead on key areas of financial stability for the UK.

The Financial Stability Group includes staff from diverse professional and personal backgrounds. HMT would welcome candidates that are up for a challenging leadership role within a great Department with a fascinating mix of responsibilities.  There is a high degree of autonomous decision making which comes with personal accountability.

Reporting into the Director – Financial Stability, Lowri Khan; Treasury is particularly encouraging of flexible working practices and FS already has many varied working arrangements within the group.

To view the job description and person specification, please scroll to the bottom of the page, tick to agree to the privacy policy, then click 'Continue to full details'.

Recruitment Table


Closing Date
5 September 2022


Shortlist Meeting
7 September 2022


Assessments
TBC


Final Panel Interviews
TBC


Further info

The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria.

We guarantee to interview anyone with a disability whose application meets the minimum criteria for the post. Selection will be on merit.

By ‘minimum criteria’ we mean that you must provide us with evidence in your application which demonstrates that you generally meet the level of competence required for each competence, as well as meeting any of the qualifications, skills or experience defined as essential. We are committed to the employment and career development of disabled people (the minimum criteria means the essential competences as set out in the advertisement for the post).

What do we mean by disability?

The Equality Act 2010 defines a disabled person as someone who has a physical or mental impairment which has a substantial and adverse long-term effect on his or her ability to carry out normal day-to-day activities.

If you want to apply under the Disability Confident Scheme simply complete the declaration attached and send it in with your application.  We will try to provide access, equipment or other practical support to ensure that if you have a disability you can compete on equal terms with non-disabled people.

For more information about the role and HM Treasury and for a confidential and informal conversation please contact our advising partners at GatenbySanderson;

Russell Brandon – russell.brandon@gatenbysanderson.com  or

Paul Aristides - paul.aristides@gatenbysanderson.com

How to Apply

  • Please submit your CV along with a Supporting Statement addressing the person specification criteria, evidencing how you meet the criteria.
  • Detail any employment or education gaps.
  • Be ready to provide the names, positions, organisations and contact details for two referees; one should be your current or most recent employer. Referees will be contacted for those proceeding to final stages. We will always gain your permission before we contact referees.
  • Let us know any difficulty you may have with the indicative timetable.
  • Check that your contact details are correct before you submit.

Once you have submitted your application, you will receive an automated email confirmation. If you do not receive, please email contactus@gatenbysanderson.com

Documents

  1. job description DDBARS final.docx