Job title: Policy Advisor – Payments Regulation
Department: PSR Policy
Salary: National (Edinburgh and Leeds) ranging from £43,100 to £53,700 and London from £47,300 to £59,000 (salary offered will be based on skills and experience)
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 About The PSR.
The PSR is an independent economic regulator led by Managing Director, David Geale – who is also FCA Executive Director, Payments and Digital Finance. Operationally the PSR is currently an independent subsidiary of the Financial Conduct Authority (FCA), however 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. This transition is likely to complete in 2027 and the Government has been clear that payment systems must continue to be effectively regulated. For the time being, therefore, the PSR continues to focus on delivering its important and impactful programme of work, collaborating closely with the FCA.
The Policy team drives delivery of our strategy, providing you with an exciting opportunity to work on policy development and analysis, project delivery and stakeholder engagement. In April, we published our Annual plan and budget which sets out in detail our work programme for 2025/26.
Work as part of multi-disciplinary project teams, building relationships with policy, economist, legal and communications colleagues, delivering high quality work
Liaise with a wide variety of stakeholders, including firms, government, other regulators and consumer groups, to gather evidence, test policy options and explain our approach
Contribute to the drafting of internal and external policy papers, including governance committee papers, policy presentations, consultation documents and policy statements
An ability to exercise judgement in collaboration with a multi-disciplinary team, including economists, lawyers, payment specialists and other policy advisors
For a full list of our benefits and our recruitment process as a whole visit our benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference and supports colleagues to deliver at their best. We believe that our differences and similarities enable us to be a better organisation – one that makes better decisions, drives innovation and delivers better regulation.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.