The Role
This role works in partnership with the other Managing Director, Financing Strategy with whom there are a number of shared, complementary and jointly owned areas of responsibility, to provide senior day-to-day management and oversight of the Policy, Research, Gilt Desk, Cash Desk, Business Operations and Business Development areas of the DMO, working closely in conjunction with the DMO’s senior team and the Executive Committee. The purpose of the role is:
- To lead the DMO’s Markets, Gilts, Cash, Business Operations and Development teams that interact with the financial market primarily to deliver its core debt and cash management remits as mandated by Ministers.
- To lead the Policy and Research teams at the DMO, which includes interacting regularly with HM Treasury and other core external stakeholders.
- To contribute to the wider management of the DMO as a member of the DMO’s Executive Committee and its Advisory Board, which involves providing strategic direction to a wide array of operational and policy issues affecting the DMO, including across Government and the financial market.
- To develop and maintain excellent internal and external relationships, representing the DMO at the most senior levels, to ensure that its reputation for professional excellence, integrity and cooperation is maintained and enhanced.
Key Focus
Working in partnership with the other Managing Director, Financing Strategy on the strategic management of the key business areas and its business objectives, the day-to day focus of the role is to:
- Provide leadership of the policy and markets teams operating in a rigorous and thorough working environment.
- Together with the other Managing Director, Financing Strategy, manage the policy and markets team, with a particular focus on developing and deploying DMO’s policy and analytical resources.
- Provide direction to, and quality assurance of, policy and markets teams’ outputs, in particular those relating to policy and analysis and applying these, as appropriate, to the DMO’s key activities and issues relevant to HM Treasury. This requires the development of written analysis and advice and developing proposals to be presented within government and externally.
- Engage at a senior level with stakeholders including HM Treasury and other public authorities, financial market participants including banks and investors and international counterparts.
- Sponsor key business initiatives and provide guidance to the DMO’s project work plan.
