Payment Systems Supervision Specialist

Location: City of Edinburgh

## Payment Systems Supervision Specialist Apply locations:
London:
Leeds:
Edinburgh time type:
Full time posted on:
Posted Todaytime left to apply:
End Date:
August 11, 2026 (7 days left to apply) job requisition :
JR0021692
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* Job title:

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* ** Payment Systems Supervision Specialist*
* ** Department: PSR - Payment Systems Market Interventions**
* ** Salary:
** National (Edinburgh and Leeds) ranging from £53,800 to £62,733 and London from £59,200 to £69,000 (salary offered will be based on skills and experience)
* ** This role is graded as:
** Senior Associate - Regulatory - PSR
* ** Your external recruitment contact is
** Raimonda via
* ** Your internal recruitment contact
** is Katie via
* Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted.
** About the PSR and team
** 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 interim 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 will likely take some time and will follow a Government consultation, although the Government has already 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 Payment Systems Market Intervention Department (PSMI) you are applying to join will ultimately move into the FCA when the new legislation takes effect. Candidates should be aware, therefore, that there may be changes to their responsibilities as consolidation into the FCA progresses.

The Payment Systems Market Interventions (PSMI) Division helps maintain confidence in the UK's payment systems through proactive supervision, monitoring and regulatory oversight. The team works to improve outcomes for payment system users by promoting compliance, challenging poor practices and addressing emerging risks across the sector.

The Supervision team oversees key payment systems, including Faster Payments, LINK, Visa, Mastercard and, following legal cutover, systems such as Open Banking. Supervision plays a vital role in managing regulatory relationships, assessing market developments and ensuring regulatory interventions deliver positive outcomes.
** Role responsibilities
*** Contributing to FCA consolidation planning and approach to supervision post legal cutover. This could include specific dedicated time to supporting the development of new ways of working and consolidating actions across the PSMI division
* Managing supervisory relationships with participants in payments systems across a range of the PSR’s rules and regulations
* Contributing to the development and continuous improvement of the PSR’s supervisory approach, including by identifying emerging risks, lessons learned and opportunities to enhance effectiveness
* Building a clear understanding of firms in their markets, including their operating environments, business strategies and governance arrangements
* Building effective working relationships with key internal stakeholders and teams whose work is material to supervision
* Promoting a culture of collaboration, inclusion and learning within the PSMI division, acting as a role model for PSR values and behaviours
** Skills required
**** Minimum:
*** Demonstrated experience in compliance and/or stakeholder relationship management roles within a supervisory, monitoring or regulatory environment
* Experience operating in a role requiring significant internal and external engagement or influence
* Ability to analyse complex information, identify key issues and produce…