How payments work affects the society we live in; the challenges faced by the vulnerable; how likely we are to fall victim to fraud; and how easily we can manage our money. Payments underpin our economy.
Behind these payments are several important payment systems. We rely on these systems to support markets, facilitate competition and drive innovation. This helps to deliver new products, find new ways to protect people from harm, and deliver services that give people and businesses more choice and control about how to pay and be paid.
We need the technology, the rules governing the use of these systems and the markets they support to all work well. This is where the PSR plays an important role – we are the economic regulator of, and competition authority for, those systems. We protect people and businesses and promote competition and innovation in these systems and the markets that they support.
The PSR is an independent economic regulator led by Managing Director, Chris Hemsley. We are directly accountable to Parliament 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.
Workplace Initiatives
Program for parents returning to work after
Parental Leave?
No
Leadership development programs?
Yes
Mentoring programs?
Yes
Coaching programs?
Yes
Employee-led diversity networks?
Yes
Internal women’s networking groups?
Yes
Open to discussing flexible work arrangements
at interview stage?
Yes
No. of weeks paid maternity leave at full salary:
20 weeks
Minimum weeks tenure required to be eligible
for paid maternity leave:
26 weeks
No. of weeks paid paternity leave at full salary:
3 weeks
Minimum tenure required to be eligible for paid
paternity leave:
No minimum length of service
Gender pay gap reporting information (insert year) (UK): 2020
Average pay gap:
8.3%
Median pay gap:
12.9%
Average bonus gap:
2.6%
Median bonus gap:
12.5%
Signatory of the UK Women in Finance Charter?
Yes
Targets to raise the number of women in
leadership?
Yes
Targets to raise the number of BAME individuals
in leadership?
Yes
Listed in the Bloomberg Diversity & Inclusion
Index?
No
Gender diversity across the senior leadership of the PSR is already above 50% and female representation on our executive committee is at 75%. Our target is to maintain a balance of 50% women in the leadership team, with a variance factor of plus or minus 10% and to continue to develop a balanced pipeline of talent through to the end of 2025 and beyond. (This is a broad range as, due to the size of our organisation, just one or two joiners or leavers can have a significant impact on gender balance.)
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) This role is graded as: Associate, Regulatory , Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Policy Lead (APP - Authorised Push Payment) Fraud - 12-month Fixed Term Contract Department: PSR - Policy Salary: London from £66,600 to £85,000 and National (Edinburgh and Leeds) ranging from £60,700 to £77,500 and (salary offered will be based on skills and experience) This role is graded as: Lead Associate, Regulatory Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Senior Policy Advisor - P ayments Regulatio n Department: PSR Policy Salary: National (Edinburgh and Leeds) ranging from £53,800 to £67,200 and London from £59,200 to £73,800 (salary offered will be based on skills and experience) This role is graded as: Senior Associate, Regulatory, Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Future Payment Systems & Infrastructure Lead Department: Payment Systems Market Interventions Salary: National (Edinburgh and Leeds) ranging from £60,700 to £70,000 and London from £66,600 to £80,000 (salary offered will be based on skills and experience) This role is graded as: Lead Associate – Regulatory Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Payment System Participants Supervision Analyst Department: PSR-Supervision and Compliance Monitoring 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) This role is graded as: Associate – Regulatory Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted. About the PSR and tea 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...
Job title: Lead Associate – Payment Systems Supervision Department: PSR - Payment Systems Market Interventions Salary: National (Edinburgh and Leeds) ranging from £60,700 to £70,000 and London from £66,600 to £80,000 (salary offered will be based on skills and experience) This role is graded as: Lead Associate – Regulatory Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Senior Associate – Payment Systems Supervision 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 [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Financial Analysis Technical Specialist - Payment Systems Supervision Department: PSR - Payment Systems Market Interventions (PSMI) Salary: National (Edinburgh and Leeds) ranging from £74,900 to £90,000 and London from £82,300 to £ 100 ,000 (salary offered will be based on skills and experience) This role is graded as: Technical Specialist – Regulatory Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: Payments Data & Policy Lead Department: 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 Your external recruitment contact is Raimonda via [email protected] Your internal recruitment contact is Katie via [email protected] 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...
Job title: 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 [email protected] Your internal recruitment contact is Katie via [email protected] 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...
About the FCA/PSR The PSR is an independent economic regulator led by Managing Director, David Geale – who is also Financial Conduct Authority (FCA) Executive Director, Payments and Digital Finance. The PSR is a subsidiary of the FCA. In March 2025 the Prime Minister announced that the PSR would be consolidated into the FCA, simplifying regulation of payments. The Government has been clear that payment systems must continue to be effectively regulated - see the Government’s consultation (which was published in September 2025) - and so the PSR is continuing to focus on delivering its important and impactful programme of work, collaborating closely with the FCA. The transition is taking place in phases, with some teams already moving to the FCA where they continue to support PSR activity. The PSR will continue to operate as an independent subsidiary with its own Board until new legislation comes into effect. The role/directorate you are applying to join will move into...
