At a Glance
- Tasks: Lead policy development for modernising payments regulation and manage a high-performing team.
- Company: Join the FCA, a key player in shaping UK financial services.
- Benefits: Enjoy 25 days leave, hybrid work, and a non-contributory pension.
- Other info: Diverse and inclusive culture with excellent career growth opportunities.
- Why this job: Make a real impact on the future of payments and digital assets.
- Qualifications: Experience in policy making and understanding of the UK payments ecosystem required.
The predicted salary is between 60000 - 80000 € per year.
We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth, and shaping the future of UK finance services.
SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition). Sitting in the Payments and Digital Assets directorate, the Policy department develops policy to address the challenges and opportunities the FCA identifies in payment, crypto, open banking and open finance sectors.
Role responsibilities:- Support the Payment Policy Manager in maintaining and managing a friendly, supportive, and high performing policy team, with direct line-management responsibilities for around five Associates and Senior Associates
- Managing key policy workstreams within our Modernising Payments Regulation programme, working closely with colleagues in Supervision, Authorisation, Legal, Communications and in other policy teams
- Establishing and maintaining effective relationships with key internal and external stakeholders
- Work very closely with others in the regulatory family including the Treasury and Payments Systems Regulator (PSR), as well as other external stakeholders
- Minimum: Prior experience of policy making in FCA, other financial services regulators or government
- An understanding of the UK payments ecosystem and regulatory framework
- Prior experience of managing complex projects, marshalling input from numerous teams, and managing challenging stakeholder relations
- Essential: An ability to consider complex information and to drive the development and delivery of policy
- Excellent collaboration skills needed to work with many other areas
- Excellent organisational skills with a capability to manage a variety of priorities and issues
- High standard of problem solving and strategic thinking with sound judgement
- Excellent interpersonal and stakeholder management skills with a clear ability to influence and collaborate with stakeholders at all levels both internally and externally
- Experience of influencing senior stakeholders and navigating governance to deliver policy solutions
- Able to prepare and deliver complex, strategic written technical communications
- Willingness to learn and develop, taking on new responsibilities and adopt a flexible and pragmatic approach to your work
- 25 days annual leave plus bank holidays
- Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive Directors)
- 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
- A flexible benefits scheme designed around your lifestyle
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference, and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation, and delivers better regulation.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support. We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability Confident: Our Hiring ApproachWe’re proud to be a Disability Confident Employer, and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.
Useful Information and Timeline:- Job advert close: Wednesday 3rd June at 23:59pm
- CV Review/Shortlist: Friday 5th June
- Interview: w/c 15th June
- Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
Policy Lead – Modernising Payments Regulation employer: PSR Limited
The FCA is an exceptional employer, offering a dynamic work environment in the heart of London, Leeds, or Edinburgh, where you can contribute to shaping the future of UK financial services. With a strong commitment to employee development, a diverse and inclusive culture, and generous benefits including a non-contributory pension and 25 days of annual leave, the FCA empowers its employees to thrive both personally and professionally while making a meaningful impact on consumers and the economy.
StudySmarter Expert Advice🤫
We think this is how you could land Policy Lead – Modernising Payments Regulation
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to the FCA or payments regulation. A friendly chat can open doors and give you insights that might just set you apart from other candidates.
✨Tip Number 2
Prepare for your interviews by brushing up on current trends in the payments sector. Show us you’re not just familiar with the basics but also have a finger on the pulse of what’s happening in the regulatory landscape.
✨Tip Number 3
Practice your storytelling skills! When discussing your experience, frame it in a way that highlights your problem-solving abilities and how you’ve influenced stakeholders. We love hearing about real-life examples that demonstrate your impact.
✨Tip Number 4
Don’t forget to apply through our website! It’s the only way to ensure your application gets seen. Plus, it shows you’re serious about joining our team and ready to dive into the world of modernising payments regulation.
We think you need these skills to ace Policy Lead – Modernising Payments Regulation
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in policy making and the UK payments ecosystem. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects you've managed!
Showcase Your Collaboration Skills:Since this role involves working closely with various teams and stakeholders, it’s essential to demonstrate your collaboration skills. Share examples of how you’ve successfully worked with others to achieve common goals in your application.
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language and structure your thoughts logically. We appreciate well-organised applications that make it easy for us to see your qualifications and thought process.
Apply Through Our Website:Don’t forget to submit your application through our online portal! Applications sent via email or social media won’t be accepted, so make sure you follow the instructions and get your application in on time.
How to prepare for a job interview at PSR Limited
✨Know Your Policy Stuff
Make sure you brush up on your knowledge of the UK payments ecosystem and regulatory framework. Familiarise yourself with recent developments in payments regulation, as well as the FCA's role in shaping these policies. This will help you demonstrate your expertise and show that you're genuinely interested in the position.
✨Show Off Your Collaboration Skills
Since this role involves working closely with various teams and stakeholders, be prepared to discuss your past experiences in collaboration. Think of specific examples where you've successfully managed complex projects or influenced senior stakeholders. Highlight your interpersonal skills and how you can build effective relationships.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving abilities and strategic thinking. Prepare to discuss scenarios where you've had to navigate challenging situations or make tough decisions. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your judgement.
✨Practice Your Communication Skills
As you'll need to prepare and deliver complex written communications, practice articulating your thoughts clearly and concisely. Consider doing mock interviews with a friend or mentor to refine your delivery. Being able to communicate effectively will set you apart from other candidates.
