At a Glance
- Tasks: Lead a dynamic team to shape the future of payment systems in the UK.
- Company: Join the Financial Conduct Authority, a key player in financial regulation.
- Benefits: Competitive salary, career growth, and the chance to influence industry standards.
- Why this job: Make a real impact on the evolving landscape of financial services.
- Qualifications: Proven leadership experience and strategic thinking skills required.
- Other info: Be part of a transformative journey in a collaborative environment.
The predicted salary is between 72000 - 108000 £ per year.
The Director of Payment Systems will report directly to the Managing Director of the PSR and will work alongside the PSR Board and the leadership teams in both the FCA and PSR. As the PSR’s responsibilities are formally taken on by the FCA, this role will transition to be Director Payment Systems at the FCA.
This is a senior leadership role initially standing as Deputy Managing Director of the Payment Systems Regulator as it consolidates into the Financial Conduct Authority. Leading a directorate of c.60 to 100 people, comprising several departments and some cross-organisational matrix management, the role holder will have a significant influence on the future of payments and financial services within the UK.
The scope of the role initially includes responsibility for policy and supervision relating to payment systems and other emerging business models across the financial services industry, ensuring the PSR meets its objectives. The Director will be responsible for ensuring there are appropriate policy standards for the market, for the supervisory oversight of activities and for regulatory interventions to prevent harm.
The Director will also play a key role in shaping and delivering the organisation’s transformation into a forward-looking and proactive regulator that is innovative, adaptive and assertive, working closely with the Director of Payments & Digital Assets on a holistic approach.
Key Responsibilities:
- Ensuring the PSR meets its objectives and commitments.
- Shaping and influencing the medium to long term strategy for the PSR/Payment Systems Directorate working alongside colleagues in the Payments and Digital Assets Directorate and the FCA/PSR as a whole to ensure a holistic and coordinated approach to Payment’s regulation.
- Playing a pivotal role in ensuring that the PSR and FCA, through appropriate cross-organisation programme management, help drive the National Payments Vision working closely with the Bank of England (BoE) and the Treasury.
- Leading a directorate of talented and committed people through significant projects and programmes whilst also delivering on business-as-usual objectives.
- Establishing and growing a new Directorate focused on new, emerging and existing business models, many of which have the potential to positively disrupt the UK financial services industry for years to come.
- Exposure to strategic issues and key players in the world of finance, both nationally and internationally.
Essential Skills:
- Strong strategic thinking and problem-solving ability.
- Aptitude for and experience of using data strategically to systematically assess market and/or firm outcomes.
- Ability to drive change and process efficiency/improvements, delivering value for money and innovation.
- Strong stakeholder management and communication capabilities.
- Experienced leader with an outstanding track record of managing intellectually demanding teams.
Director - Payment Systems employer: PSR Limited
Contact Detail:
PSR Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director - Payment Systems
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how you fit into their vision, especially for a role as pivotal as Director of Payment Systems.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Director - Payment Systems
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Director - Payment Systems role. Highlight your relevant experience and skills that align with the job description. We want to see how you can bring value to our team!
Showcase Your Leadership Skills: As a senior leadership role, it's crucial to demonstrate your ability to lead and manage teams effectively. Share specific examples of how you've successfully led projects or initiatives in the past. We love hearing about your achievements!
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon and make sure your key points stand out. We appreciate straightforward communication that gets right to the heart of your qualifications.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at PSR Limited
✨Know Your Stuff
Make sure you understand the payment systems landscape and the role of the PSR within it. Brush up on current trends, regulations, and challenges in the financial services industry. This will help you answer questions confidently and show that you're genuinely interested in the position.
✨Showcase Your Leadership Skills
As a Director, you'll be leading a large team. Prepare examples of how you've successfully managed teams in the past, especially in challenging situations. Highlight your strategic thinking and problem-solving abilities to demonstrate that you can drive change effectively.
✨Engage with Stakeholders
Stakeholder management is key in this role. Think about how you've built relationships with various stakeholders in previous roles. Be ready to discuss your communication strategies and how you’ve navigated complex stakeholder environments to achieve results.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your ability to handle real-world challenges in payment systems. Practice articulating your thought process and decision-making skills in these scenarios, as they will give interviewers insight into your strategic mindset.