Psr Operations Associate

2 weeks ago


London, United Kingdom Payment Systems Regulator Full time

About the PSR
- 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._
- Why join the PSR?- There are so many reasons why the PSR is a great place to work In addition to working at the cutting edge of regulation and making a real difference to people’s lives, we have an excellent agile working environment, a friendly team with an important role to play. So, if you are motivated by making a difference to how we all make payments, then we are for you.- In addition, we offer a wide variety of learning and development opportunities here at the PSR as well as access to the FCA Academy which has a wealth of resource available to us.- We’re committed to building and sustaining a diverse and inclusive workplace in order to represent the people and organisations that we serve. We recognise the diverse community in which we operate, and we encourage applicants irrespective of ethnicity, disability, gender, gender reassignment, pregnancy and maternity, religion or belief, marriage or civil partnership, sexual orientation, social background or age.- About Associate Operations:

- 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.
- Purpose of the role:

- Every well-run organisation needs a team of operational experts behind it. This role is an integral part of the operations team here at the PSR and sits within the People and Operations division. The operations team helps to ensure the smooth running of the PSR by supporting the operational services which enable the PSR to be effective.
- We help to ensure efficient use our financial resources and value for money through our budgeting and procurement processes. The team act as the contact point for consumers, stakeholders and the payments industry when dealing with queries and complaints. We have responsibility for managing the annual report and accounts cycle, protecting the PSR’s information, as well as ensuring the PSR could continue in the event of a crisis. We also support PSR colleagues by managing operational services received from the FCA (our parent company) including technology, and our accommodation and facilities.
- This associate role has a broad operations focus so you’ll get a great breadth of experience. The role has primary responsibility for our correspondence with external stakeholders; meaning you’ll get to work with people across the whole of the PSR. In addition, you’ll get involved with a number of other operational areas such as finance, procurement and business continuity. The role involves frequent stakeholder management and engagement with PSR and FCA staff.
- Examples of the work you will do in this role are:
- Manage the PSR’s ‘Contact Us’ external correspondence mailbox and the responses-
- Develop and maintain productive working relationships with FCA service providers.-
- Support the PSR’s procurement and finance processe


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