A rare chance is being offered to help run the new King's finances - from Darlington.

The Treasury role based at the Darlington Economic Campus in the town centre is for a new Head of Royal Finances - responsible for the fine tuning of King Charles' £15bn Crown Estate business.

The role pays up to £57,500 a year and for that you will be working at the highest levels in a unique position, leading the branch responsible for both overseeing the Sovereign Grant and other royal finance issues, as well as acting as shareholder and sponsor to The Crown Estate (TCE).

The TCE manages lands and properties owned by the Crown (which includes the seabed!) and pays its revenue profits - £3 billion in the last ten years - to the Exchequer.

 

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​You would join at a time of change, as the department is in the early stages of an ambitious new strategy, designed to address the challenges facing all property businesses, as well as deliver offshore developments that meet the government’s net zero targets.

So the role will include regular liaison with senior officials at TCE and include work on legislation or alternative solutions to enable this modernisation programme, as well as wider sponsorship functions, such as managing the recruitment of new board members.

But it also holds responsibility for working with the Duchies of Cornwall and Lancaster as well as the financial arrangements of the Royal Household and the management of the Treasury role in the administration of the Sovereign Grant, which will fund the King's official duties.

The Northern Echo: Buckingham Palace is still the heart of the Royal householdBuckingham Palace is still the heart of the Royal household (Image: PA)

So could you be the ideal person to check those most high-profile incomings and outgoings?

The Treasury says: "We don’t require you to be a policy professional or have any specific qualifications to apply to work as a Senior Policy Adviser at HM Treasury. We are looking for people who have the right set of skills for the role, who demonstrate the values of our organisation, and who are motivated to come and work with us on a range of issues that are at the heart of how we spend money and deliver public services."

It says Key Accountabilities for the role include:

  • Engage with and shape policy recommendations concerning matters relating to Royal finances.
  • Provide clear, timely, and high-quality advice to HM Treasury Ministers on Royal finance related matters and how the Crown Estate can support the delivery of wider government objectives.
  • Work with Number 10 and Cabinet Officer regarding the appointment of senior leaders for the Crown Estate.
  • Lead on the review of the Sovereign Grant and projects relating to the modernisation of the Crown Estate.
  • Management of a small team to deliver Royal Finance Branch objectives.

The Public Services Group where the role sits is at the heart of the Treasury’s work. It manages public spending of more than £250 billion across key public services and departments, including health, education, the police, the criminal justice system, local government, housing, defence and the devolved administrations in Scotland, Wales, and Northern Ireland.

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The main skills you might need are listed as:

1. Working Together: Ability to actively build and maintain a network of colleagues and contacts to achieve progress on shared objectives. Being able to challenge assumptions while being willing to compromise if advantageous to progress.

2. Seeing the Big Picture: Ability to identify key issues and trade-offs within a project or proposal, taking into account the broader economic and political context.

3. Delivering at Pace: Evidencing the ability to ensure everyone clearly understands and owns their roles, responsibilities, and business priorities. Ability to maintain own levels of performance in challenging circumstances and encourage others to do the same.

 

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