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This titles seem to do nothing. I think that if you are Spymaster of England, for example, you should be able to administer the spy network of the realm or something.
Spymasters can plot against their lieges with impunity (they're hardly going to report themselves). Other councilors get vastly greater plot power in any plots against their liege
Furthermore, when you get the request to become any of these things, if you pick the relevant Ambition, youll get a permanent +1 to your relevant stat. One of my characters got +3 Martial this way because he lost and regained the job a few times.