Overview

The DMO is looking to recruit a Co-Head of Quantitative Research and Analysis on a part-time basis. Along with the other co-head, who works part time, the candidate will lead a small team of specialist analysts and developers undertaking quantitative analytical, modelling and research work in relation to the DMO’s debt management function and other core activities. The role will require experience of leading a technical team within financial markets, providing strategic oversight, thought leadership and planning, as well as strong quantitative and econometric skills. Experience of using Artificial Intelligence (AI) models within a similar organisational setting would be beneficial. It is envisaged that the two co-heads will coordinate their working patterns to provide consistent leadership and coverage throughout the week.

About The Team

The Policy and Markets area is responsible for: providing advice to HM Treasury on debt and cash management policy; the implementation of the government’s financing programme; as well as other operational and advisory activities. Within this area, the Quantitative Research and Analysis team is responsible for carrying out analysis, research and briefing to support the DMO’s core responsibilities and operations. The team works closely with the other Policy and Markets teams to help inform policy and on strategic initiatives including for HM Treasury.

Responsibilities

• Strategic oversight and planning of the team’s work while managing and prioritising resources.
• Thought leadership and direction of research projects to help inform the DMO’s advice, operations and policy initiatives and providing guidance to team members in their area of technical specialism.
• Continuous development of a relevant long-term research agenda in support of the DMO’s goal of being a centre of excellence in government debt management.
• Assuring the quality of analysis and the capability of the team.
• Supporting the development of team members.
• Developing excellent working relationships with policy colleagues and other teams across the DMO and HMT and more widely across government and the public sector.

Essential Skills

• Leadership & Strategic Thinking
• Proven ability to lead and manage a technical team
• Experience in strategic planning and prioritisation of analytical workstreams
• Ability to develop and implement a long-term research agenda aligned with organisational goals
• Demonstrable ability to work collaboratively within a shared leadership model, including co-managing priorities and delivering outcomes with a co-head.

• Technical & Analytical Expertise
• Strong quantitative and econometric skills, with the ability to apply these to relevant financial markets topics.
• Proficiency in programming languages such as MATLAB or Python for modelling and analysis.
• Deep understanding of financial markets, particularly fixed income instruments and debt management.

• Communication & Collaboration
• Ability to communicate complex financial and analytical concepts clearly to both technical and non-technical audiences.
• Strong interpersonal skills to build effective working relationships across teams and departments.
• Experience in presenting analytical findings to senior stakeholders and policy teams.

• Quality Assurance & Development
• Experience in assuring the quality and robustness of analytical outputs.
• Commitment to developing team capability through mentoring and knowledge sharing.
• Innovation & Adaptability
• Ability to identify emerging analytical techniques and apply them to improve organisational insight.

• Qualifications
• A degree (1st or 2:1) in a numerical discipline (e.g. mathematics, physics, statistics, engineering, or quantitative finance).

Desirable Skills

• Postgraduate degree in a numerical discipline.
• Experience in applying AI or machine learning models in financial or policy contexts.

Application

Applications close at 23:55 on 28th September 2025.

CV & Supporting Statement (750 words max) Send by clicking APPLY NOW. We accept either Word or PDF formats.

We will use the Civil Service Success Profiles to assess candidates against the following experience, technical skills, and behaviours: Experience, Technical Skills, and Behaviours.

Interview Process

There will be a two-stage interview process for this vacancy. Stage 1: Shortlisted candidates will be invited to a Fireside Chat (informal) followed by a formal interview. Stage 2: Successful candidates at Stage 1 will be invited to a second interview, which includes a Fireside Chat, an OPQ assessment, and a presentation/task, with further details provided nearer the time.

Please visit the UK DMO Careers page for more details. A reserve list may be held for up to 12 months from which further appointments may be made.

Timetable

These dates are indicative and may be subject to change: Sifting W/C 29th September 2025; 1st Stage interview W/C 6th October 2025; 2nd Stage interview W/C 27th October 2025.

Hours of work/Hybrid working: This post is 0.6 FTE, equivalent to three days per week. We are a London-based organisation and operate a hybrid pattern with up to 40% remote time and at least 60% in the office, measured over a rolling month.

Eligibility: Individuals appointed to the DMO will be subject to National Security Vetting. Applicants will normally need to have lived in the UK for at least 3 of the past 5 years.

London, United Kingdom – this is a London-based role. A reserve list may be held for up to 12 months.