Head Of Financial Market Infrastructure Policy

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!

The Financial Services Group advises the government on how to promote a stable and efficient financial services sector, to deliver excellent outcomes for consumers and business, enhance the UK’s position as a global hub for financial services and support economic growth across the country.

About the role

Our Securities and Markets team (SAM) develops HM Treasury’s policy on matters relating to international Financial Markets. We are looking for a Head of Financial Market Infrastructure Policy to join us on our wide ranging work, ranging from formulating the laws and regulations which govern the behaviour of traders, to defining the regulatory framework for UK infrastructure firms, including setting conditions for FinTech start-up firms to thrive.

Key accountabilities

1. Leading the team responsible for the design of regulatory requirements on Central Counterparties (CCPs), Central Securities Depositories (CSDs), and Trade Repositories (including innovative firms), as well as the requirements on all firms trading securities and derivatives. These firms are collectively known as 'Financial Market Infrastructure', or FMI.
2. Supporting the development of FMI technology, in particular by implementing the Digital Securities Sandbox.
3. Taking forward work on modernising our existing regulations and infrastructure for securities.
4. Leading on international trade policy for securities settlement and derivatives.
5. Maintaining HM Treasury’s positive working relationships within the department, the regulators (FCA/BoE), and internationally, on FMI policy.
6. Providing leadership and management to the branch and creating a cohesive and collaborative workplace in which staff are productive, and feel supported and empowered to deliver on their objectives. This will include direct line management. For a full list of accountabilities, please follow the apply link.

About you

Our ideal candidate will have a strong understanding of clearing and/or settlement policy. You will have proven strategic policy skills, and excellent judgment with ability to influence decision making, as well as good leadership and management skills, with the ability to set the direction of travel, be decisive, and think tactically. Creative, problem-solving skills, and the confidence to identify and call out difficult issues or project risk are integral! 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 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 27% 
• 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 (e.g. women in the Treasury, ethnic minority network, LGBT* network, faith and belief network)  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 hrrecruitment@hmtreasury.gov.uk