Manager Payment Services Supervision

Posted 10 days ago by PSR Limited

Permanent
Full Time
I.T. & Communications Jobs
Not Specified, United Kingdom
Job Description
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Supervision and Compliance Monitoring Manager Department - Supervision and Compliance Monitoring About the PSR Every time anyone uses a cash machine, transfers money, uses contactless, or gets paid, they use a payment system. Payment systems are always evolving and the PSR is here to make sure they work well for everyone. Follow this link to find out more .The PSR is an independent economic regulator led by Managing Director, David Geale - who is also Financial Conduct Authority (FCA) Executive Director, Payments and Digital Finance. The PSR is a subsidiary of the FCA.In March 2025 the Prime Minister announced that the PSR would be consolidated into the FCA, a pragmatic next step in simplifying regulation of payments. The Government has been clear that payment systems must continue to be effectively regulated - see the (which was published in September 2025) - and so the PSR is continuing to focus on delivering its important and impactful programme of work, collaborating closely with the FCA. The transition is taking place in phases, with some teams already moving to the FCA where they continue to support PSR activity.The department you are applying to join will ultimately move into the FCA - either when the new legislation takes effect or before. Candidates should be aware, therefore, that there may be changes to their responsibilities as consolidation into the FCA progresses.The Supervision and Compliance Monitoring (SCM) Division is responsible for ensuring that the PSR's regulatory requirements are complied with and improving outcomes for everyone that uses payments systems by challenging poor practice within firms. Responsible for shaping the future of regulatory supervision by designing and implementing a forward-thinking supervisory strategy for PSR-regulated organisations aligned to our strategic priorities Connect and influence by building strong, effective relationships with senior stakeholders across the regulatory and payments landscape such as payment system operators, HM Treasury, the PRA, Bank of England and CMA Guide a significant transition as you help embed the supervision of payment systems into the FCA's well-established supervision model and governance structures ensuring a smooth and effective integration Drive impact through innovation by shaping and delivering ambitious plans that contribute to the PSR's vision and strategy, while fostering a culture of continuous improvement and learning Inspire and empower a high-performing team by providing strong, thoughtful mentorship of the Supervision Team encouraging collaboration, personal development and cross-functional teamwork Be a role model by promoting PSR's commitment to diversity, inclusion, equality and corporate social responsibility helping shape a culture that supports both people and purpose A unique view of some of the most important firms in the UK financial services industry, undertake interesting, challenging and rewarding work Good experience