Chair of the Office for Budget Responsibility

Body: Office for Budget Responsibility
Appointing Department: HM Treasury
Sector: Business, Finance & Skills
Location: London
Number of Vacancies: 1
Remuneration: The full-time salary for this role is £158,762.
Time Requirements: This post can be undertaken on either a part or full-time basis.

Campaign Timeline

  • Competition Launched

    23/01/2020

  • Closed for Applications

    19/03/2020

  • Panel Sift

    TBC

  • Final Interview Date

    TBC

  • Announcement

    Spring

Vacancy Description

The Office for Budget Responsibility (OBR) was established in 2010 to enhance the accountability of the government, by providing independent and authoritative analysis of the UK’s public finances. The OBR has executive responsibility for producing the official UK economic and fiscal forecasts, assessing the Government’s performance against its fiscal rules, and reporting on the sustainability of and risks to the public finances. As an independent institution, the OBR is committed to providing objective, transparent and impartial analysis.

 

The Budget Responsibility Committee (BRC) takes collective responsibility for the analysis and judgements that underpin the work of the Office, supported by a staff of 37 (36 FTE) civil servants. The Committee consists of three executive members, one of which is the Chair. Charles Bean and Andy King currently are the executive members with economic and fiscal expertise respectively. Members are appointed by the Chancellor of the Exchequer with the consent of the Treasury Select Committee.

 

Robert Chote will be stepping down as Chair of the BRC later this year, after 10 years in post. We are seeking a successor with deep expertise in economic and fiscal analysis who can lead the BRC and provide intellectual leadership to the OBR’s staff. This is a high profile and influential role, requiring outstanding communication skills and integrity. Candidates must command broad respect for their objectivity in dealing with issues of political sensitivity.

 

Appointments to the BRC are for a five-year term. There is the possibility of reappointment at the end of the term and members can serve a maximum of two terms. This post can be undertaken on either a part or full-time basis.

 

The Office for Budget Responsibility and HM Treasury have strong commitments to diversity and equality of opportunity, and welcome applications from candidates irrespective of their background, gender, race, sexual orientation, religion, or age, providing they meet the required criteria. Applications from women, disabled and BAME candidates in particular are encouraged. All disabled candidates (as defined by the Equality Act 2010) who satisfy the minimum criteria for the role will be guaranteed an interview under the Disability Confident Scheme.

 

  • The closing date for applications has been extended and is now 19 March 2020 
  • Interview dates will be confirmed in due course
  • The successful candidate will be announced in the Spring and the appointment is expected to commence in the Autumn subject to the consent of the Treasury Select Committee and to the requirements of both the successful candidate and the OBR 

Person Specification

The specific requirements for this role include:

  • Strong and proven economic and fiscal knowledge – candidates must have the technical expertise and experience necessary to lead the production of economic and fiscal forecasts. In particular, they must be able to make informed and credible forecast judgements. Candidates must also have the expertise required to oversee production of the broader economic and fiscal analysis that is needed to assess the sustainability of the public finances.
  • Analytical ability – candidates will need to be able to absorb large volumes of complex information and reach reasoned and robust conclusions quickly. Further, candidates must be able to explain their conclusions to a non-technical audience, communicate effectively through the media and be prepared to publicly defend their conclusions whilst under scrutiny.
  • Independence of thought and integrity – candidates must be independently minded and be able to exert their influence as Chair of the BRC and when representing the OBR to government, Parliament and the public. Candidates must be able to form their own views and decisions, whilst working closely and constructively with other members of the Committee. Candidates must have the ability to maintain discretion and engender trust in staff, peers and stakeholders.
  • Leadership skills and interpersonal skills – Candidates must be able to assemble and motivate a team of analysts, lead the two other BRC members and ensure that the OBR operates to its full potential. The OBR must perform its duties objectively, transparently and impartially, and the BRC Chair is expected to lead the Office in a way that is reflective of this.

Additional Information

For further information about the role, please refer to the candidate pack.

How to Apply

Applications must be submitted to:

BRCappointments@hmtreasury.gov.uk and must include:

  • A full CV (including education and professional qualifications, career history, and relevant achievements and responsibilities). The names of two referees should be included in the CV. Referees should know you in a professional capacity to comment on your suitability for the appointment and have authoritative and personal knowledge of your achievements. References will only be taken up for short listed candidates, but will be sought prior to the interview.
  • A covering letter of no more than 3 sides of A4. This should explain how you meet the appointment criteria as detailed in the candidate profile and summarising the evidence from your career which best demonstrates your qualifications for the appointment. If you believe you may have a potential conflict of interest please do flag this in the cover letter, it may be explored at interview.
  • A form regarding contact details, diversity and political activity. This information is required for monitoring purposes only and will not be seen by any selection panel.

 

Your application will be acknowledged shortly after receipt and you will be informed by email or by telephone of the progress of your application.

 

For further information about the role and how to apply, please refer to the candidate pack.

Applications must arrive no later than 23:00 on 19 March 2020

If you have any queries concerning your application, or technical queries on completing the application, please email BRCappointments@hmtreasury.gov.uk

Attachments
New NON OCPA diversity monitoring form
Public Appointment Recruitment Privacy Notice
Candidate Pack
Candidate Pack
Disability & Political Conflicts
Disability & Political Conflicts

This post is NOT regulated by The Commissioner for Public Appointments.

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