At a Glance
- Tasks: Manage relationships with payment system operators and enhance regulatory approaches.
- Company: Join a leading regulatory body ensuring effective payment systems for everyone.
- Benefits: Generous leave, pension scheme, private healthcare, and flexible working options.
- Other info: Diverse and inclusive culture with excellent career growth opportunities.
- Why this job: Make a real impact on payment systems while developing your career in regulation.
- Qualifications: Experience in compliance or supervisory roles with strong communication skills.
The predicted salary is between 53800 - 62733 £ per year.
Department: PSR - Payment Systems Market Interventions
Locations and Salary: National (Edinburgh and Leeds) ranging from £53,800 to £62,733; London from £59,200 to £69,000 (salary offered based on skills and experience).
Grade: Senior Associate - Regulatory - PSR
Application instructions: Submit applications through the online portal only.
About the PSR and the Team: Every time anyone uses a cash machine, transfers money, uses contactless, or gets paid, they use a payment system. The PSR ensures payment systems work well for everyone and continuously evolves to meet industry needs. The Pay Services Market Intervention Department (PSMI) you are applying to join will eventually move into the FCA when new legislation takes effect.
Role Responsibilities:
- Manage the active supervisory relationship with one or more payment system operators designated to the PSR's oversight.
- Contribute to the development and continuous improvement of the PSR's supervisory approach, including identifying emerging risks, lessons learned, and opportunities to enhance effectiveness.
- Build a clear understanding of supervised firms, including their operating environments, business strategies and governance arrangements.
- Use this understanding to contribute to robust regulatory assessment and deliver improved outcomes for users of payment systems.
- Build effective working relationships with key internal stakeholders and teams whose work is material to supervision.
- Contribute to FCA consolidation planning and approach to supervision post legal cutover.
- Promote a culture of collaboration, inclusion and learning within the Supervision team, acting as a role model for PSR values and behaviours.
Skills Required:
- Minimum: Relevant experience in casework, compliance and/or stakeholder relationship management roles within a supervisory, monitoring or regulatory environment.
- Experience operating in a role requiring significant internal and external engagement or influence.
- Ability to analyse complex information, identify key issues and produce clear, well‐reasoned written outputs including recommendations.
- Essential: A demonstrable understanding of supervision and the role it plays in delivering effective and proportionate regulation.
- Casework experience gained through a compliance or supervisory function.
- Experience developing and maintaining strong, effective relationships, with the ability to influence, negotiate and collaborate across organisations.
- Ability to communicate clearly and persuasively, both verbally and in writing, on complex issues.
- Evidence of sound judgement, decision‐making capability and resilience when faced with difficulty.
- A proactive and organised approach to work, with the ability to prioritise effectively and manage competing demands.
- Effective project management and planning skills, including meeting expected standards and deadlines.
Benefits:
- 25 days annual leave plus bank holidays.
- Non‐contributory pension (8–12% depending on age) and life assurance at eight times your salary.
- Private healthcare with Bupa, income protection and 24/7 Employee Assistance.
- 35 hours of paid volunteering annually.
- Hybrid model: employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). From September, this will change to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors).
- A flexible benefits scheme designed around your lifestyle.
Values and Culture: We are committed to fostering a diverse and inclusive culture, free from discrimination and bias, celebrating difference and supporting colleagues to deliver at their best. We promote diversity and flexibility, offering part‐time and job‐sharing options where applicable. As a Disability Confident Employer, we welcome applicants with disabilities and long‐term conditions who meet the minimum criteria for the role.
Recruitment Timeline:
- Job advert closes: Midnight, 22nd June 2026.
- CV review/shortlist: 24th June 2026.
- Interview: w/c 29th June 2026.
- Webinar: Tuesday, 16 June 2026, 13:00–14:00 (Microsoft Teams).
Contact Information:
- External: Raimonda – raimonda.stankute@fca.org.uk.
- Internal: Katie – Katherine.Baker@fca.org.uk.
Senior Associate - Payment Systems Supervision in London employer: PSR Limited
As a Senior Associate in Payment Systems Supervision, you will join a forward-thinking team dedicated to ensuring payment systems operate effectively for all users. With a strong commitment to employee well-being, the company offers an impressive benefits package, including generous annual leave, a non-contributory pension scheme, and private healthcare. The inclusive work culture promotes collaboration and personal growth, making it an excellent employer for those seeking meaningful and rewarding careers in Edinburgh or Leeds.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate - Payment Systems Supervision in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like PSR Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Associate - Payment Systems Supervision in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to PSR Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on PSR Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at PSR Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with PSR Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former PSR Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
