Careers
Working for the DMO
Based in the City of London, the UK Debt Management Office operates at the heart of the financial markets, interacting with major financial institutions on a daily basis. As an Executive Agency of HM Treasury it is a public sector organisation operating in a private sector environment. Its focus is on achieving value for money in its provision of services to the public sector and it aims to follow best practice in financial and risk management.
The DMO has grown rapidly since it was established in 1998 and currently has approximately 130 staff. About a third of the staff work in the Policy and Markets area which is responsible for debt and cash management policy and related transactions as well as for local government lending and for fund management. Finance, settlements and risk management are segregated and the Office has full in-house IT, HR and Facilities support.
Although organised into a number of functional teams (see DMO Functional Structure) staff operate flexibly to deal with issues as they arise and the office operates with few management layers. All staff have access to training and development opportunities and are actively encouraged to take them.
Vacancies arise on an ad hoc basis and are all normally openly advertised on various websites and in specialist journals, the press and also on the DMO website. By clicking the link below you will be able to access job details and where appropriate download application forms.
Vetting
All potential employees intending to work in a government department must complete appropriate vetting checks. All UK Debt Management Office employees and contractors have to meet the minimum standard of vetting - the HMG Baseline Personnel Security Standard (BPSS). It is one of 4 levels of personnel security controls.
Further guidance can be found at:
• https://www.gov.uk/government/publications/hmg-personnel-security-controls
• https://www.gov.uk/government/publications/security-policy-framework
Financial Support for Professional Qualifications
The DMO provides financial support to employees undertaking professional qualifications relevant to the role.
Pensions
The DMO offers a choice of pensions, giving the individual the opportunity to choose the pension that is best suited to their needs. More details are available on www.civilservicepensionscheme.org.uk/.
Other Benefits
The DMO offers a season ticket loan and a subsidised gym membership (the terms & conditions of such benefits may vary over time).
Eligibility
Applications are welcome from UK nationals, other Commonwealth citizens, British protected persons and nationals of states in the European Economic Area (and Switzerland) and certain members of their families. Commonwealth citizens must be free of any restrictions to reside and take up employment in the UK.
Publication of summary recruitment information in accordance with the requirements of the Civil Service Commissioners' Recruitment Code
The DMO has a flat organisational structure without grades or pay bands and individuals are appointed to specific posts with individual pay points - it is therefore not possible to report the numbers appointed by level within the organisation.
All recruitment to new posts was carried out on the basis of fair and open competition and selection on merit in accordance with the provisions of the Civil Service Commissioners' Recruitment Principles and was also subject to an internal compliance audit.
Candidates were also selected in accordance with the provisions of the DMO's Equal Opportunities Policy.
