Job Description

Supervision and Compliance Monitoring Manager
Department- Supervision and Compliance Monitoring
Salary - National (Edinburgh and Leeds) ranging from 72,100 to 110,000 and London 79,300 to 120,000 per annum (Salary offered will be based on skills and experience)
About the PSR
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 Financial Conduct Authority (FCA) Executive Director, Payments and Digital Finance. The PSR is a subsidiary of the FCA.
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. The Government has been clear that payment systems must continue to be effectively regulated - see the Government's consultation (which was published in September 2025) - and so the PSR is continuing to focus on delivering its important and impactful programme of work, collaborating closely with the FCA. The transition is taking place in phases, with some teams already moving to the FCA where they continue to support PSR activity.
The department you are applying to join will ultimately move into the FCA - either when the new legislation takes effect or before. Candidates should be aware, therefore, that there may be changes to their responsibilities as consolidation into the FCA progresses.
The Supervision and Compliance Monitoring (SCM) Division is responsible for ensuring that the PSR's regulatory requirements are complied with and improving outcomes for everyone that uses payments systems by challenging poor practice within firms.
What will you be doing?Responsible for shaping the future of regulatory supervision by designing and implementing a forward-thinking supervisory strategy for PSR-regulated organisations aligned to our strategic priorities Connect and influence by building strong, effective relationships with senior stakeholders across the regulatory and payments landscape such as payment system operators, HM Treasury, the PRA, Bank of England and CMA Guide a significant transition as you help embed the supervision of payment systems into the FCA's well-established supervision model and governance structures ensuring a smooth and effective integration Drive impact through innovation by shaping and delivering ambitious plans that contribute to the PSR's vision and strategy, while fostering a culture of continuous improvement and learning Inspire and empower a high-performing team by providing strong, thoughtful mentorship of the Supervision Team encouraging collaboration, personal development and cross-functional teamwork Be a role model by promoting PSR's commitment to diversity, inclusion, equality and corporate social responsibility helping shape a culture that supports both people and purpose

What will you get from the role?A unique view of some of the most important firms in the UK financial services industry, undertake interesting, challenging and rewarding work Good experience of supporting colleagues through a process of change as the PSR and FCA are consolidated An opportunity to expand your leadership capabilities and engage with a wide range of stakeholders across the public sector and the financial services industry Experience of representing the PSR in external meetings and conferences, including through giving presentations and sitting on panels Further yours and colleagues', development in a continuous learning and support environment

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)
MinimumPrior experience managing a supervision, compliance, or monitoring function, demonstrating strong collaboration and oversight capabilities Prior experience managing a team Prior experience directing and overseeing the successful delivery of major projects and programmes within tight timescales, effectively navigating periods of change, handling a wide range of issues and managing competing priorities

EssentialExperience in financial services regulation, especially payments, with a strong grasp of supervision's role in effective regulation Proven leadership in managing teams through change, using techniques that drive success Excellent communication and stakeholder management, skilled at influencing and collaborating internally and externally Demonstrated thought leadership and strong problem-solving skills, balancing analysis with practical judgement Track record of effective management of teams and resources, focused on delivering value and fostering a diverse, inclusive talent pool

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.
Benefits of working at the PSR28 days holiday per year plus bank holidays Hybrid working (work from home up to 50% of your time) Private healthcare with Bupa A non-contributory Pension of at least 8% of basic salary each month (there are several contribution levels that increase depending on your age - up to 12% a month once you reach age 35) Life assurance of eight times your basic salary 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 PSR - Working at the PSR
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 TimelineThis role is graded as Manager - Regulatory DV Clearance is required for this role (which is part of the onboarding process) Advert Closing Date: 5th November 2025 CV Review/Shortlist: 6th/7th November 2025 Competency Based Interview: WC 10th November 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 Sonika.Suryadevara@fca.org.uk
Applications must be submitted through our online portal. Applications sent via email will not be accepted.