Senior Payments Supervisor

Requirements of the role

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 Market Interventions– Payments Department is responsible for supervising over 1250 non-bank payment service providers and for providing specialist payments support and insight across the FCA.

You will be involved in a diverse range of issues including consumer harm, prudential weakness and financial crime. We also work closely with external stakeholders such as The Bank of England and the National Crime Agency.

The Payments Market Interventions Department at the FCA champions the safe and effective supervision of payments and electronic money firms, shaping a trusted payments landscape that supports people and businesses across the UK. The team’s work enhances everyday life, ensuring payments are fast, dependable, inclusive and secure.

What will you be doing?

Getting to understand how regulated firms make their money, assessing the risks this presents to their customers and the markets in which they operate and determining how the firms manage these risks to stop customers being harmed, for example through the loss of their money

Assessing regulated firms’ compliance against the relevant rules and requirements

Influencing senior industry figures to change how they operate if they are not meeting the rules and requirements and in the most severe cases taking regulatory action to stop firms operating their businesses

Engaging effectively and proactively with colleagues across the FCA, other regulators and law enforcement agencies both in the UK and internationally

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