Payment Services Compliance Specialist

Payment Services Compliance Specialist Division:
Supervision, Policy & Competition (SPC)
Department:
Market Interventions - Payments & Digital Assets Salary:
National (Edinburgh and Leeds) ranging from 74,900 to 95,000 and London 82,300 to 95,000 (salary offered will be based on skills and experience) This role is graded as:
Technical Specialist – Regulatory Your external recruitment contact is Steve Christopher via  internal recruitment contact is Jennifer Wishart via  must be submitted through our online portal. Applications sent via social media or email will not be accepted. About the FCA and Team We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective. By joining us, you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK finance services.

 SPC oversees firms and individuals (supervision), creates and reviews the rules by which they operate (policy) and identifies and remedies ineffective competition in markets (competition).The Market Interventions – Payments department plays a central role in the FCA’s supervision of the UK payments sector. We oversee more than 1,200 FCA-authorised e-money institutions and payment service providers, using a range of proactive and responsive interventions to identify and address risks, protect consumers, support market integrity and promote effective competition.

You’ll join a collaborative team working on high-profile issues that help shape the future of payments and deliver positive outcomes for millions of people across the UK.Role Responsibilities Apply your experience to help shape FCA payments supervision, protecting consumers and building confidence in the UK payments sector

Provide specialist insight on firm cases, cross-sector initiatives and emerging risks, supporting balanced and effective regulatory outcomes

Shape the FCA’s approach to payments by translating market and policy developments into practical supervisory action

Lead on key supervisory priorities, including safeguarding and financial crime, building trusted relationships across the organisation

Represent the FCA with senior external stakeholders, helping to shape discussions on the future of payments regulation

Share your knowledge, coach colleagues and build capability across the department, contributing to a collaborative culture of learning and continuous improvement

Skills Required Minimum:

Prior experience applying or advising on UK payment services and/or e-money regulatory requirements within a senior regulatory, legal, or compliance environment

Demonstrable experience of judgement-based decision making, with in-depth knowledge in prudential regulation, safeguarding of customer funds and/or operational resilience

Prior experience leading, coaching, mentoring and supporting the development of less experienced team members

Essential:
Advanced analytical skills with the ability to rapidly assess complex information and identify key implications and insights

Effective written and verbal communication skills, with the ability to convey complex issues clearly and effectively

Deep understanding of the payments sector, including business models, regulatory frameworks and market dynamics, coupled with the ability to quickly acquire new knowledge where required

Demonstrated ability to build credibility and engage effectively with senior stakeholders, including regulatory bodies and government institutions

Ability to work effectively with a high degree of autonomy, managing priorities and delivering outcomes with minimal supervision

Sound judgement and a risk-based approach to decision-making, with the ability to make timely, well-reasoned decisions and clearly articulate the rationale

Proficiency in working with both centralised and local data sources to develop reports, generate insights and support evidence-based decision-makingBenefits
28 days annual leave plus bank holidays Hybrid model where employees work a minimum of 40% in the office each month (expectation of 50% for senior leaders). Changing from September to a minimum of 50% in the office each month (expectation of 60% for Directors and Executive…