Senior Associate - London, United Kingdom - Payment Systems Regulator

Payment Systems Regulator

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About the PSR

How payments work affects the society we live in; the challenges faced by the vulnerable; how likely we are to fall victim to fraud; and how easily we can manage our money.

Payments underpin our economy.

Behind these payments are several important payment systems. We rely on these systems to support markets, facilitate competition and drive innovation.

This helps to deliver new products, find new ways to protect people from harm, and deliver services that give people and businesses more choice and control about how to pay and be paid.

As the economic regulator of, and competition authority for, payment systems, our role is to hold the sector to account in protecting people and businesses and promote competition and innovation in these systems and the markets that they support.

To achieve this, we have set out in our Strategy four strategic priorities:

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Ensure users have continued access to the payment services they rely on and support a choice of payment options. Ensure users are sufficiently protected when using the UK's payment systems.

Promote competition between UK payment systems and the markets supported by them; protecting users where that competition is not sufficient.

Act to ensure the interbank systems provide the infrastructure, rules and incentives that foster innovation and competition in payments.

We work closely with other regulators involved in the sector, notably the Financial Conduct Authority, the Bank of England and the Competition and Markets Authority.

Operationally we are an independent subsidiary of the Financial Conduct Authority.

Our work is high-profile and fast-moving, within a dynamic environment.

The work that you'll be involved in every day will be about helping us to deliver our strategy, helping us to be the regulator we want to be and helping the sector to deliver outcomes that protect the interests of people and businesses, and to promote competition and innovation in payments.

Our strategy sets out the need for us to continue adjusting our approach to ensure our work is directed where it will have the greatest impact.

We're ambitious about the future and looking for people who can help us to achieve our strategic priorities.

About the policy team

The Policy team is focused on delivering our strategy and you will have the opportunity to work on different aspects of policy development and analysis, project delivery and stakeholder management.

The policy project you will be involved is our account-to-account programme.

As a key part of the team, you'll work with a wide range of stakeholders from across the payments industry, including consumer and retailer organisations, to realise the potential of account-to-account payments and to help them become a viable alternative to credit and debit cards in shops and online.

Why join the PSR?

There are so many reasons why the PSR is a great place to work We have a great office and an excellent agile working environment, a great friendly team with an important role to play.

So, if you are motivated by making a difference to how we all pay, then we are for you.

In addition, we offer a wide variety of training and learning opportunities here at the PSR as well as access to the FCA Academy which has a wealth of resource available to us.

We are committed to building and sustaining a diverse and inclusive workplace so that we can represent the fullest range of views and ideas.

Our commitment includes disability, ethnicity, LGBT and gender identity through to mental health and social mobility issues.

Opportunities Available

We're delighted to be able to offer one senior associate level opportunities to join our account-to-account policy team as we continue to grow and evolve to deliver our ambitious strategy.

Our account-to-account retail payments programme is looking at how to make direct account-to-account payments a realistic alternative to credit and debit cards in shops and for online purchases.

Our vision is to drive competition in retail payments, and enable new payment options which give users more control of their spending.

Senior associates are the heartbeat of the organisation, leading on various policy projects and analysis as well as playing a key role in the overall success of the PSR through building relationships both internally and externally.

As a senior associate you will be expected to:

Lead and contribute to the delivery of policy projects and analysis, independently and as part of a team
Work as part of multi-disciplinary project teams and build relationships with policy, economist, legal and communications colleagues, delivering high quality work
Work with a wide variety of external stakeholders, including banks, intermediaries, government, other regulators and consumer groups, to gather evidence, test policy options and explain our approach
Lead on the development of policy by ensuring decisions and recommendations are underpinned by robust economic, legal, and other