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 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 is likely to complete in 2027, and the Government has 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 Policy team drives delivery of our strategy, providing you with an exciting opportunity to work on policy development and analysis, project delivery and stakeholder engagement. In April, we published our Annual plan and budget which sets out in detail our work programme for 2025/26.
Role responsibilities
Lead a multi-disciplinary team to deliver high-quality policy development and analysis, including playing a leading role in the review of the PSR’s fraud reimbursement policy following the independent review by Frontier Economics
Oversee the ongoing monitoring and effective operation of the PSR’s APP scams programme, ensuring timely responses to queries and correspondence and contributing to briefings and stakeholder communications
Support the development of team strategy, priorities and work planning, including improving methodologies and practices, resolving complex technical issues and contributing to the technical leadership of the team
Build and maintain effective relationships with internal and external stakeholders and present policy recommendations and analysis to the PSR Executive Committee and Board
Report to the Policy Manager responsible for the PSR’s APP scams work and undertake line management responsibilities, including objective setting, performance management, coaching and supporting the professional development of team members
Contribute to building a positive, collaborative and effective culture across the wider team and directorate
Engage actively with key stakeholders across government, regulators, industry and trade bodies to support policy development and delivery
Skills required
Minimum:
Demonstrable experience leading analytical or policy-focused teams within areas such as economic regulation, competition policy, financial markets, payment services, or other regulated sectors
Substantial experience in developing, shaping and implementing regulatory policy, with clear evidence of impact
Demonstrated ability to collaborate effectively within multi-disciplinary teams to deliver high-quality policy recommendations, alongside experience managing and influencing senior stakeholders
Essential:
Effective project management and prioritisation skills, particularly in the context of working on complex projects and/or issues
A detailed understanding of the PSR’s work on APP scams
Effective analytical and problem-solving skills, including experience applying such skills while handling complex projects and tight deadlines, with a degree of ambiguity
Well-developed written and oral communication skills, including the ability to present confidently on complex issues to both internal and external stakeholders and within tight deadlines
Well-developed stakeholder engagement skills, including the ability to build productive and constructive relationships with both internal and external senior-level stakeholders
Solid strategic awareness of issues relevant to the PSR’s work and the environment in which the PSR operates
Previous experience of line managing people
Benefits
25 days annual leave plus bank holidays
Non-contributory pension (8–12% depending on age) and life assurance at eight times your salary
Private healthcare with Bupa, income protection and 24/7 Employee Assistance
35 hours of paid volunteering annually
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 Directors)
A flexible benefits scheme designed around your lifestyle
For a full list of our benefits and our recruitment process as a whole visit our benefits page.
Our values and culture
Our colleagues are the key to our success as a regulator. We are committed to fostering a diverse and inclusive culture: one that’s free from discrimination and bias, celebrates difference and supports colleagues to deliver at their best. 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.
If you require any adjustments due to a disability or condition, your recruiter is here to help - reach out for tailored support.
We welcome diverse working styles and aim to find flexible solutions that suit both the role and individual needs, including options like part-time and job sharing where applicable.
Disability confident: our hiring approach
We’re proud to be a Disability Confident Employer and therefore, people or individuals with disabilities and long-term conditions who best meet the minimum criteria for a role will go through to the next stage of the recruitment process. In cases of high application volumes we may progress applicants whose experience most closely matches the role’s key requirements.
Useful information and timelines
Timeline:
Job advert closes: Midnight, 23rd June 2026
CV Review/Shortlist: 25th June 2026
Interview: w/c 6th July 2026
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.
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
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Program for parents returning to work after Parental Leave? |
No |
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Leadership development programs? |
Yes |
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Mentoring programs? |
Yes |
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Coaching programs? |
Yes |
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Employee-led diversity networks? |
Yes |
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Internal women’s networking groups? |
Yes |
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Open to discussing flexible work arrangements at interview stage? |
Yes |
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No. of weeks paid maternity leave at full salary: |
20 weeks |
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Minimum weeks tenure required to be eligible for paid maternity leave: |
26 weeks |
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No. of weeks paid paternity leave at full salary: |
3 weeks |
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Minimum tenure required to be eligible for paid paternity leave: |
No minimum length of service |
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Gender pay gap reporting information (insert year) (UK): 2020 |
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Average pay gap: |
8.3% |
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Median pay gap: |
12.9% |
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Average bonus gap: |
2.6% |
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Median bonus gap: |
12.5% |
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Signatory of the UK Women in Finance Charter? |
Yes |
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Targets to raise the number of women in leadership? |
Yes |
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Targets to raise the number of BAME individuals in leadership? |
Yes |
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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.)