Lead Investment Analyst

• Location: Liverpool
• Job Title: Lead Investment Analyst
• Band: 5
• Salary: £59,877- £69,457

Available Locations

Liverpool, Newport, Norwich, Glasgow or Birmingham.

The following locations listed below are restricted to contracted GCA staff already based in one of these offices:

London, Bristol, Manchester or York.

External applicants are not eligible for these sites. If you select one of these locations as an external applicant your application will unfortunately be withdrawn.

Contract Type: Permanent

Hours: Full Time

Closing Date: 01-11-26

Interview Date(s): W/C 16th November (subject to change)

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Every year, the Government Commercial Agency invests in strategic projects and change initiatives, but how do we ensure every pound delivers genuine, long-term value for the public? As the Lead Investment Analyst, you will step directly into this gap, transforming complex economic analysis and theory into robust business cases that withstand commercial and political pressures.

In this role, your value to the nation is direct and measurable. Through rigorous application of the Green, AQuA, and Magenta books, you won’t just be reviewing numbers; you will be safeguarding public funds and ensuring that high-level strategic decisions are backed by undeniable, high-quality evidence.

Job Summary

As a newly established function within the Government Commercial Agency (GCA), the Research, Evaluation and Analysis team is responsible for supporting GCA and our wider government customers in delivering against government strategy including the five missions and policy impact on customers and supplier behaviour.

The Lead Investment Analyst is a critical role focused on professionalising the use of economic and social research standards across the organisation. Working closely with the Transformation Directorate and Finance, Planning and Performance Directorate (FPP) you will lead on embedding Green Book and Magenta Book principles within GCA, ensuring our commercial decisions and project and programme initiatives are underpinned by robust, evidence-based business cases.

Key Accountabilities

You will act as the lead economic advisor for the Investment Analysis team, defining the analytical strategy and ensuring all outputs meet rigorous professional standards.

Provide direct management and talent development for a multidisciplinary team, including Government Economic Service (GES) and Government Social Research (GSR) Fast Streamers.

Serve as the GCA custodian on the Green and Magenta books, reviewing and supporting the development of Economic Business Cases and evaluation strategies.

Act as the professional client during economic business case design and appraisal, and evaluation design (Process, Impact & Value for Money), for complex projects and programmes. Providing thought leadership and assuring adherence to the Green and Magenta Book standards.

Co-design proportionate evaluation frameworks (Process, Impact & Value for Money), providing analysis and metrics, to ensure GCA delivers value for the nation.

Act as the professional lead for economic business case design and appraisal, supervising the application of techniques such as monetisation, discounting and sensitivity analysis to produce high-quality Cost-Benefit Analysis.

Proactively partner with Senior Responsible Owners, Transformation, FPP, and other internal directorates to identify information needs and translate unfocussed requests into effective designs.

Evaluate and integrate information from diverse sources to present clear, logical conclusions to senior non-specialists, assisting them in discerning trends and drawing actionable implications.

Work with the Head of Research, Evaluation & Analysis to develop and own the Investment Analysis Team strategy. Ensuring the strategies are aligned to the broader government missions and organisational objectives.

Lead quality-assurance processes, for business case design and appraisal, in line with the AQuA Book, ensuring modelling stands up to external scrutiny.

Act as one of the final technical signatories for economic inputs into business cases, ensuring they are 'Treasury-ready' and can withstand National Audit Office (NAO) level scrutiny.

Essential Criteria (to be assessed at application stage)

Must be a badged member of the Government Economic Service (or eligible to pass the board) with an established track record delivering economic evidence to Green, AQuA, and Magenta Book standards

Deep knowledge of micro/macroeconomic theory, including expert-level Cost-Benefit Analysis (CBA), applied industrial organisation, market framework analysis and complex Theory of Change evaluation models

Skilled in (or able to lead teams using) statistical programming (R, Python, SQL, SPSS, Stata) and data visualisation tools (PowerBI, Tableau, R-Shiny) to translate complex data into clear dashboards

Proven ability to lead, coach and maintain a cohesive culture across a geographically dispersed, multidisciplinary analytical team while supporting career development and the wider GES network

Ability to synthesise complex analysis, anticipate future evidence needs, and effectively influence senior stakeholders to ensure analytical evidence carries weight against commercial or political pressures.

Success Profiles (to be assessed at interview)

Behaviours

• Leadership - Lead success profile
• Seeing the Bigger Picture
• Communicating and Influencing

Making Effective Decisions

Technical (To be assessed via presentation at interview)

Analysis & Application

Quantitative & Data Skills

Economic Appraisal & Evaluation

(A link to the Civil Service Success Profiles Framework is provided below)

Success Profiles Framework

Valuing our people

Competitive salary

Generous pension scheme

A discretionary non-contractual performance related bonus

Working remotely in addition to working in advertised office location

Flexi time scheme (available for B1-B6)

Minimum 25 days annual leave to a maximum service related 30 days excluding bank holidays

Want to make a difference? Find out more about the rewarding work that we do in ourcandidate pack.

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see theCivil Service People Plan and theCivil Service D&I Strategy.

We want to make our recruitment process accessible to everyone, so if there is any way that we can support you, please contact [email protected]

Working flexibly, delivering outcomes

GCA operates a smarter working model that balances flexibility with collaboration. Successful candidates are expected to spend at least 26 days per quarter (approximately 2 days per week, pro-rata) at their contracted office, another GCA site, or off-site for meetings. For the remainder of the time, you may work from home or another suitable location that meets business needs.

Artificial Intelligence

Artificial Intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see ourcandidate guidance for more information on appropriate and inappropriate use.

Selection Process

A reserve list may be held for up to 12 months, which the Civil Service may use to fill future suitably similar vacancies across government for candidates who are considered appointable following interview. Should you be placed on a reserve list and want to be removed please contact [email protected].

Please note that as part of this recruitment process, if you are unsuccessful at the interview stage but are close to the benchmark score you may be considered for and offered a role at a lower pay band within the same job family.

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Working for the Civil Service

The Civil Service Code sets out the standards of behaviour expected of civil servants.

Complaints Procedure

Our recruitment processes are underpinned by the principle of selection for appointment on merit on the basis of fair and open competition as outlined in the Civil Service Commission’s Recruitment Principles details of which can be found athttps://civilservicecommission.independent.gov.uk/recruitment/recruitment-principles/

If you feel your application has not been treated in accordance with the Recruitment Principles, and you wish to make a complaint, you should contact [email protected] in the first instance.

If you remain unsatisfied with the response you receive you can then contact the Civil Service Commission at [email protected]

Internal candidates should apply using theirWorkday account. Please use the careers hub for your application.

Additional Locations: Norwich, Newport, Birmingham