Payments Policy Associate - London, United Kingdom - Financial Conduct Authority

Financial Conduct Authority

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Salary:
London up to £55,000 and National up to £52,500 per annum

Do you want to shape the future of payments in the Payments Policy team at the FCA?

The Team

The payments team leads on the policy that makes payments work.

The work touches the lives of everyone in the UK, making sure that payments are fast, efficient, reliable, and safe.

The payments landscape is undergoing rapid change.

Increasing digitalisation, the emergence of new ways of paying, the evolution of open banking data sharing and payment initiation services that give consumers ways to interact with their bank accounts in new ways.

All these developments are underpinned by payment services regulation.

Meanwhile, payments regulation is under review as part of government repeal and replacement of retained EU law. Our team is shaping the future regulatory framework that will emerge from this work.

What will you be doing

As an associate in the team, you will support on policy workstreams, conducting research, engaging with teams across the FCA, and analysing information to develop policy proposals.

You will be supported to build depth and breadth of knowledge, as well as develop your skillset.

You will contribute to public consultation on changes to FCA rules or guidance, as well as work to ensure FCA priorities are reflected in changes taken forward by others.

You will have opportunities to interact with government, other regulators, and industry participants.

You will also contribute to advice and briefings about payments policy issues to FCA colleagues and senior leadership.

What will you get from the role?

This role is an exciting opportunity to work at the heart of policy in the FCA in an evolving area of policy.

You will have the opportunity to develop in-depth knowledge of the systems and regulations that underly payments and which touch on every area of consumer and businesses financial lives.

This role would suit someone with hands-on experience of payments interested in making a move into policymaking, or a policymaker looking to progress their career in the direction of financial services regulation.

Our competitive flexible benefits scheme gives you the opportunity to create a personalised benefits package, tailored to suit your lifecycle.

You can use this allowance to purchase additional benefits such as dental or cycle to work or you have the option top up your base salary by taking this as cash.

Core benefits that you will receive as standard are:

25 days holiday per year
Private healthcare with Bupa
A noncontributory Pension of at least 8% of your basic salary each month (there are several contribution levels that increase depending on your age up to 12% a month once you reach the age of 35)
Life assurance of eight times your basic salary
Income protection
We support hybrid working which means you will be able to work from home up to 60% of the time over a month with the remainder of your time in one of our three office locations.

The skills and experience you'll have

Minimum

Experience of payment services or policy making
Proven experience presenting key issues clearly and succinctly both orally and in writing
Proven experience of building and managing relationships with stakeholders

Essential

Interest in financial services and policy making
An ability to analyse information and contribute to the development of policy
Good organisational skills
The ability to identify problems and explore solutions, seeking perspectives from others.
Good written and oral communication
Willingness to learn and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work

About the FCA

The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair, and competitive.

We do this to make sure markets work well for individuals, businesses, and the economy. For more information on what we do, our three-year strategy can be found here.

The FCA's Values & Diversity

Flexible Working

Hybrid Working

Useful Information

Applications for this role close on 8th March 2024

This role is graded as Associate level - Regulatory

This is a permanent role

Got a question?

If you are external and are interested in learning more about the role, please contact Chhavi Bartaria at

If you are internal and are interested in learning more about the role, please contact Kezia Downie at

What to expect from our assessment and selection process

Application support

We want to remove any possible barriers and are committed to providing a wide range of reasonable adjustments so that you can keep the focus on your conversations and be at your best.