Senior Policy Manager

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Organisation
Payment Systems Regulator
Locations

London, United Kingdom

Application Deadline
Salary
GBP80,000 to £110,000

Location: 12 Endeavour Square, London, E20 1JN, London

Division: Payment Systems Regulator

The Role

The Payment Systems Regulator (PSR) is currently recruiting for a Senior Manager to join their Policy Team.

This role is an integral leadership role within the PSR policy team, working with the Head of Department and five other Managers. The role will provide thought leadership across a range of policy areas, projects, and competition or enforcement cases within the PSR. You will help develop and drive forward policy issues, including developing regulatory proposals for consideration by senior leaders and Board. The role is also responsible for the effective implementation of policy decisions and regulatory activity. The role will include management responsibility for the wider policy team and line management of Senior Associates and Associates.

What does the role involve? What are the key responsibilities?

  • Thought leadership in applying analytical frameworks to develop well-reasoned and evidence based policy and regulatory proposals
  • Responsible for helping the policy team provide quality analysis and evidence to support investigations and consultations carried out by the PSR
  • Oversee and direct key projects as part of the PSR regulatory and policy strategy to deliver the objectives of the PSR. This includes the implementation of PSR policy decisions
  • Active contribution to the leadership of the PSR, including driving programmes of work to deliver continuous improvement and development of the PSR
  • Maintain key stakeholder relationships, both internal and external (e.g. Industry, HM Treasury, the Bank of England, international regulators, trade bodies, consumer representatives) to promote the PSR’s objectives and to understand and influence how their policy developments are compatible with the PSR’s objectives
  • Provide effective people leadership and line management
  • Lead on the effective allocation of resources against PSR priorities
  • Responsible for recruiting, effectively managing talent and succession planning, and undertaking performance management where appropriate

What will the candidate get from the role?

A fantastic opportunity to work with a world-renowned regulator that promotes the interests of users of payment systems, including businesses, organisations & users - a place where you can really make a difference.

Being part of a highly valued group of employees whose value is reflected in our attractive salary and benefits packages and extensive development opportunities in economic regulation, financial services and broader professional skills.

Skills/Experience Required

Minimum

We’re a signatory to the Government’s Disability Confident scheme. This means that we will offer an interview to disabled candidates entering under the scheme, should they meet the minimum criteria for a role. A minimum criterion needs to be measurable from reviewing a candidate’s CV. Exceptions may apply if due to the volume of applications we are not able to interview all eligible candidates who qualify under the scheme.

  • A proven track record in leading people to develop regulation and/or policy
  • Experience in providing subject matter expert advice gained in one or more of the following areas – Government, regulation, competition policy, financial markets or payment services
  • Excellent analytical and problem-solving skills with the ability to challenge analysis performed by technical experts

Essential

  • Experience of managing multi-disciplinary teams
  • Experience of developing and driving regulatory strategy
  • Strong communication skills with the ability to articulate complex regulatory and policy concepts for a range of stakeholders including at Board level
  • Excellent prioritisation skills and the ability to make progress at a rapid pace, meeting tight deadlines while providing a quality contribution
  • Ability to lead, manage, motivate and develop staff - providing the right mix of delegation and support.

Desirable

  • Understanding of the payments landscape
  • Understanding of competition law

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.

In a fast-moving environment, we challenge the industry to adapt by supporting innovation and improving competition so that the UK benefits from world-leading payment systems.

We encourage collaboration to help solve problems and when we need to, we take difficult decisions and use our powers. We change our approach to get the best outcome for everyone.

The PSR is an independent economic regulator led by Managing Director, Chris Hemsley. Everything we do is guided by our statutory objectives: to promote competition and innovation and the interests of people and businesses that use payment systems. We are directly accountable to Parliament and the Courts and funded by the payments industry. We work closely with other regulators involved in this 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.

The PSR’s values & diversity

In order to represent the people and organisations that we serve, we are committed to building and sustaining a diverse and inclusive workplace. Our commitment includes disability, ethnicity, LGBT and gender identity through to mental health and social mobility issues.

Useful Information

  • This role is graded as Senior Manager, POL E
  • The salary range will be approximately £80,000 to £110,000 GBP plus a competitive benefits package and non-contributory pension
  • Applications for this role close on 3rd December

For further details and to apply, please click the apply button.

Please note, applications must be submitted through our online portal. (We are unable to accept applications sent via email.)


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