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: Cards Technical Specialist Department: PSR - Policy Salary: National (Edinburgh and Leeds) ranging from £74,900 to £93,400 and London ranging from £82,300 to £102,000 (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. Want to learn more before applying? Join our upcoming webinar on Tuesday, 27th October at 12pm to hear directly from our hiring team about this role, our company culture, and what we’re looking for in the ideal candidate. Webinar Details Microsoft Teams meeting Join: https://teams.microsoft.com/meet/3758086737644755?p=z9AKkvq3mslBx2yfBL Meeting ID: 375 808 673 764 475 5...
