What does this role involve?
We’re recruiting for associates to join our Regulatory Policy and Strategy team, which is expanding to deliver the exciting and ambitious work programme set out in our new strategy.
The role of an associate at the PSR is a dynamic one, which calls for a flexible and proactive approach. You’ll support on the delivery of various parts of the PSR’s policy work programme, helping to improve outcomes for users of payment systems. This will involve working on different aspects of the policy cycle – identifying and analysing issues, developing policy options, supporting consultations, reading and analysing responses, and helping to implement our decisions.
Our Regulatory Policy and Strategy team is composed of economists, technical payments experts and policy specialists. You’ll also work with colleagues from the Legal, Communications and Operations teams.
Examples of the work you will do in this role are:
* Providing support on market reviews, policy development, and other policy initiatives, requiring you to manage a workstream or project and deliver high quality work
* Liaising with a wide variety of stakeholders, including firms, government, other regulators and consumer groups, to gather evidence, test policy options and explain our approach
* Conducting policy/economic analysis to support our work. You’ll also need to draft briefings to explain complex issues, often within tight timeframes
* Presenting policy recommendations to the PSR Executive Committee
* Providing policy input for enforcement cases
About you
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.
As a minimum, you will need to be able to demonstrate:
* Previous experience in policy development for a regulator, government department, consultancy or other organisation
Essential
* Excellent analytical and problem-solving skills
* Excellent written and oral communication skills
* Good prioritisation skills
* Demonstrated ability to build relationships with stakeholders and to work collaboratively
* Demonstrated ability to work under pressure and to tight deadlines
It would be useful to have
* Experience of other sectors subject to economic regulation
* An understanding of economics
* An up-to-date understanding of the regulatory developments in the UK payments landscape and knowledge of the Payment Systems Regulator
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.
We are proud signatories of the Women in Finance Charter, we hold the Level 2 Carer Confident accreditation from Carers UK and we signed the Social Mobility Pledge in June 2020.
As an inclusive employer, we are open to considering flexible working arrangements. Please contact our recruiter if you wish to apply for this role on a flexible basis.
Useful Information
* This role is graded as Associate, Regulatory
* The salary range will be approximately £42,000 to £55,000 plus a competitive benefits package and non-contributory pension
* Applications for this role close on 19th June
* Want to know what it is like to work at the PSR? Check out this short video.
Please note – Applications must be submitted through our online portal. Applications sent via email will not be accepted.
The Financial Conduct Authority (FCA) has recently set out a new employment offer designed to reward strong, consistent performance, aid career development and close pay gaps.
This follows an extensive, wide-ranging and comprehensive consultation with all FCA colleagues and the FCA’s Staff Consultative Committee. The changes, including updates to the proposals consulted upon, will mean that the FCA continues to provide one of the best reward packages of any regulator or enforcement agency in the UK.
If you have any questions please speak to your recruiter or visit the FCA website (or intranet for internal colleagues).
