At a Glance
- Tasks: Lead high-impact policy development in the payments sector and shape strategic decisions.
- Company: Payment Systems Regulator, a key player in UK financial regulation.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Join a dynamic team committed to diversity and innovation.
- Why this job: Make a real difference in the payments landscape and influence consumer protection.
- Qualifications: Senior policy leadership experience and understanding of the payments sector.
The predicted salary is between 75000 - 117800 € per year.
The Payment Systems Regulator is an independent economic regulator led by a Managing Director, who is also Executive Director, Payments and Digital Finance for the FCA. The PSR is currently a subsidiary of the FCA, however it is to be consolidated into the FCA, simplifying payments regulation. The work of the PSR has a significant impact on millions of consumers and businesses as well as UK and international markets. It ensures firms have the interests of their clients and the integrity of the market at the heart of how they run their business; setting the standards the PSR expects firms to meet and exploring and analysing identified risks within firms in the payment systems sector.
An exciting opportunity has arisen to lead the PSR’s Policy team as Head of Department. This role sits at the heart of the PSR’s work, leading high impact policy development across priority areas including card fees, variable recurring payments and Authorised Push Payment fraud. You will lead a team through a period of significant change and innovation across the PSR/FCA and the wider payments landscape, shaping pragmatic, evidence based policy that reflects the PSR’s strategic objectives and statutory duties. Working closely with internal and external stakeholders, you will use the regulator’s powers confidently and creatively to promote competition and innovation, protect consumers, and reinforce the PSR and FCA’s reputation as a leading regulator.
The successful candidate will:
- Shape decisions at the highest level that influence both the PSR and the future of the UK’s payments systems, as Head of Policy and a member of the PSR Executive Team, contributing directly to organisational leadership, strategy and impact.
- Lead the development and delivery of regulatory policy across the PSR’s remit, providing authoritative advice to the FCA Executive and Board, sponsoring major initiatives that address harm, strengthen payment systems and drive greater competition, innovation and choice.
- Represent the PSR with senior leaders across major banks and payment firms, the FCA, Bank of England, HM Treasury, the CMA and Parliament, building credibility through confident and effective engagement.
The successful candidate will bring:
- Senior level policy leadership, ideally combined with an understanding of the payments sector.
- A strong track record of leading large, multidisciplinary teams under pressure, driving delivery, operational improvement and sustainable change alongside business as usual.
- Excellent influencing and stakeholder management skills, enabling delivery through others across the PSR and FCA and with external partners.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, they particularly welcome applications from women, disabled, and minority ethnic candidates, as under-represented groups. The closing date for this role is Sunday 21st June at 23.55.
Head of Department - Policy employer: Payment Systems Regulator
The Payment Systems Regulator is an exceptional employer, offering a dynamic work environment where you can lead impactful policy development that shapes the future of the UK's payment systems. With a strong commitment to diversity and employee growth, the PSR fosters a collaborative culture that encourages innovation and professional development, making it an ideal place for those seeking meaningful and rewarding careers in regulatory policy.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Department - Policy
✨Tip Number 1
Network like a pro! Reach out to people in the payments sector, especially those connected to the PSR or FCA. A friendly chat can open doors and give you insights that might just set you apart from other candidates.
✨Tip Number 2
Prepare for interviews by diving deep into current issues in the payments landscape. Show us you know your stuff about card fees and fraud prevention. The more informed you are, the more confident you'll be when discussing how you can lead the Policy team.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you note to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Head of Department - Policy
Some tips for your application 🫡
Know the Role Inside Out:Before you start writing, make sure you fully understand what the Head of Department - Policy role entails. Dive into the job description and highlight key responsibilities and skills. This will help us tailor your application to show how you fit the bill.
Showcase Your Experience:When detailing your experience, focus on relevant achievements that align with the role. Use specific examples that demonstrate your leadership in policy development and stakeholder management. We want to see how you've made an impact in previous roles!
Be Authentic:Let your personality shine through in your application. We’re looking for someone who can lead with confidence and creativity, so don’t be afraid to express your passion for the payments sector and regulatory work. Authenticity goes a long way!
Apply Through Our Website:Once you’ve polished your application, make sure to submit it through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Payment Systems Regulator
✨Know Your Stuff
Make sure you’re well-versed in the Payment Systems Regulator's role and its impact on consumers and businesses. Brush up on current issues in the payments sector, like card fees and fraud, so you can speak confidently about how your experience aligns with their strategic objectives.
✨Showcase Leadership Skills
As a Head of Department, you'll need to demonstrate your ability to lead multidisciplinary teams. Prepare examples from your past where you've successfully driven change and improved operations under pressure. Highlight your influencing skills and how you've engaged with stakeholders effectively.
✨Engage with Stakeholders
Think about how you would build credibility with senior leaders across banks and payment firms. Be ready to discuss your approach to stakeholder management and how you’ve navigated complex relationships in previous roles. This will show you understand the importance of collaboration in this position.
✨Be Ready for Change
The PSR is going through significant changes, so it’s crucial to express your adaptability. Share experiences where you’ve led teams through transitions or innovations, and how you’ve maintained focus on delivering results while managing change. This will demonstrate your readiness for the dynamic environment at the PSR.
