Senior Payments Policy Associate
Division: SPC - Supervision, Policy & Competition
Department: Payments Policy
Salary: National (Edinburgh and Leeds) ranging from £52,400 - £62,000 and London £57,700 - £68,000 Per Annum (salary offered will be based on skills and experience)
About the FCA:
The FCA regulates the conduct of 45,000 firms in the UK to ensure our financial markets are honest, fair and competitive. Follow this link to find out more About the FCA.
The payments team leads on the policy that makes payments work. The work touches the lives of everyone in the UK, making sure that payments are fast, efficient, reliable and safe.
The payments landscape is undergoing rapid change. Increasing digitalisation, the emergence of new ways of paying, the evolution of Open Banking data sharing and payment initiation services that give consumers ways to interact with their bank accounts in new ways. All these developments are underpinned by payment services regulation.
What will you be doing?
As a Senior Associate in the team you will have ownership of key payments policy issues, engaging with teams across the FCA and analysing information to develop proposals. You will be helped and supported to build a depth of knowledge, as well as develop your skillset.
You will contribute to drafting public consultations on changes to FCA rules or guidance, as well as work to ensure FCA priorities are reflected in changes taken forward by others. You will have opportunities to interact with government, other regulators and industry participants.
You will also contribute to advice and briefings about payment policy issues to FCA colleagues and senior leadership. We are looking for two Senior Associates to join the division.
What will you get from the role?
This role is an exciting opportunity to work at the heart of policy in the FCA in an evolving area of policy
You will have the opportunity to develop in-depth knowledge of the systems and regulations that underly payments which touch on every area of consumer and businesses financial lives
Which skills are required?
We are a Disability Confident Employer; therefore, disabled people or individuals with long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. (To learn more about the Disability Confident Scheme Click Here)
Minimum:
Experience of policy making or payments
Prior experience presenting key issues clearly and succinctly both orally and in writing
Prior experience of building and maintaining relationships with stakeholders
Essential
Experience of analysing information and contributing to the development of policy
Evidence of problem solving and organisational skills with the ability to look after a variety of different priorities and issues
Good stakeholder management with the ability to build and support a network across and beyond the organisation
Willingness to learn and develop, taking on new responsibilities and adopting a flexible and pragmatic approach to your work
Our Values & Diversity
We are proud to be an inclusive employer and our ambition is to cultivate a culture for all employees that respects their individual strengths, views, and experiences. 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.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.
Did you know? 50% of our Executive Committee were the first in their family to attend university.
The FCA is committed to achieving greater diversity across all levels of the organisation. Given this, we particularly welcome applications from women, minority ethnic, disabled, and neurodivergent candidates for our Senior Associate roles.
Benefits of working at the FCA
25 days holiday per year plus bank holidays
Hybrid working (work from home up to 60% of your time)
Private healthcare with Bupa
A non-contributory Pension of at least 8%
Life assurance
Income protection
We also have a competitive flexible benefits scheme which gives you the opportunity to create a personalised benefits package, tailored to suit your lifestyle.
We welcome applications from candidates who are looking for flexible
arrangements. Many of our staff work flexibly including working part-time, staggered hours, and job shares. We can’t promise to give you exactly what you want but we can explore what might work best for both sides.
Follow this link to see what life is like at the FCA - Life at the FCA.
Application Support
We are dedicated to removing barriers and ensuring our application process is accessible to everyone. We offer a range of adjustments to make your application experience as comfortable and straightforward as possible.
If you have an accessibility need, disability, or condition requiring changes to the recruitment process, please contact your recruiter using the details below and they will be happy to discuss this further with you.
Useful Information and Timeline
This role is graded Senior Associate – Regulatory
We are recruiting for two Senior Associate positions within the division
Advert Closing Date: Tuesday 22nd April (midnight)
CV Review/Shortlist: Friday 25th April
Interview Stage: W/C 5th May 2025
Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time.
Got a question?
If you are interested in learning more about the role, please contact:
• For internal applicants, please contact Sartaj Deol at [email protected]
• For external applicants, please contact Sartaj Deol at [email protected]
Applications must be submitted through our online portal. Applications sent via email will not be accepted.
The FCA regulates the conduct of 50,000 firms in the UK to ensure our financial markets are honest, fair and competitive. We do this to make sure markets work well for individuals, businesses, and the economy as a whole. For more information on what we do, our three-year strategy can be found here.
Working inclusively
We work best when we work together. We encourage our people to contribute fully and feel valued, to be innovative and creative by collaborating in an inclusive culture.
We're also committed to reflecting the diverse lived experiences of the communities we work in and the consumers we protect. We have a strategy to achieve a more diverse and inclusive workplace that is free from discrimination. This includes increasing the representation of women in our senior team to 50% and minority ethnic colleagues to 25% by 2025 – representative of the UK population.
We were recently voted 'Employer of the year' at the Women in Finance awards and our commitment to LGBT+ inclusion means we're recognised as a Stonewall Top 100 employer.
Flexible Working
We believe that giving our people greater flexibility fosters an inclusive culture and a healthy work-life balance.
We currently operate a hybrid working model, working up to 40% in the office each month (50% for senior leaders). This way of working applies in our Stratford, Leeds and Edinburgh offices.
We also offer career and family leave provisions, generous annual leave so you can take time off when you need or want to, and a range of other benefits.
Programme for parents returning to work after Parental Leave? |
We don’t have a formal programme, but we have hired several Returners through the assisted hiring route (working with Women Returners)
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Leadership development programmes? |
Yes – we are launching a female progression programme |
Mentoring programmess? |
Yes |
Coaching programmes? |
No |
Employee-led diversity networks? |
Yes |
Internal women’s networking groups? |
No |
Open to discussing flexible work arrangements at interview stage? |
Yes |
No. of weeks paid maternity leave at full salary: |
52
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Minimum weeks tenure required to be eligible for paid maternity leave: |
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No. of weeks paid paternity leave at full salary: |
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Minimum tenure required to be eligible for paid paternity leave: |
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Gender pay gap reporting information (2024) |
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Average pay gap: |
12.2 % |
Median pay gap: |
11.5 % |
For more information visit - FCA pay gap data 2024 | FCA | |
Signatory of the UK Women in Finance Charter? |
Yes |
Targets to raise the number of women in leadership? |
Yes – 50% female target across all pipeline roles |
Targets to raise the number of BAME individuals in leadership? |
Yes |
Listed in the Bloomberg Diversity & Inclusion Index? |
No |