Our Insight article argues Artificial Intelligence is nowhere near matching the cognitive ability of an infant. Plus when kids make mistakes, it doesn’t usually have a big impact. Can we say the same about AI? http://glassdoor.com/slink.htm?key=vQfVL
The face of economics looks male-dominated. It’s time to shift gender norms so that more girls take the subject. Interview with FCA Chief Economist, Mary Starks
We have a unique view of the industry that allows us to explore how markets and consumers interact, and to identify emerging trends or risks.
We aim to make markets work well, both for financial firms and their customers. We regulate the conduct of firms to ensure that the industry is run with integrity, that people have access to the products and services they need and that consumers can trust their providers.
Our staff come from many different backgrounds, but we all share a common goal. Our aim is to provide better financial services for everyone, by delivering effective regulation, providing valuable insight and improving competition. In doing so, we help shape domestic policy and play a key role on the global regulatory stage.
Whichever path you choose within the FCA, you’ll be part of ensuring that our work meets the needs of both consumers and industry.
We’re looking for people with the desire, skills and determination to make a real difference to the way financial services work.
That means you’ll need to demonstrate careful judgement and the drive to deliver change. You will have the skills to influence internal and external stakeholders, and the curiosity to seek out fresh insights and develop your own understanding.
As an Academy business, we'll give you the intellectual stimulation and confidence you need to progress. We'll provide you with the opportunity to enhance your skills and understanding through a combination of bespoke development programmes, on-the-job learning and self-directed training.
At the FCA we value your whole self, not just your work.
We know it’s important to balance work with the rest of our life. As a result, we offer flexible working hours wherever possible, as well as the opportunity to work from home. We also know there may be occasions when you need or want to take time off, so we have a range of career and family leave provisions.
We have a number of active staff network groups, all of which help us provide an inclusive and welcoming working environment. These include:
Each network is open to everyone and has its own objectives, clearly defined strategies and goals, all of which contributes to a thriving, multicultural community.
Commitment and curiosity are central to how we work. These principles don’t only shape what we do, they also reflect who we are.
We have five cultural characteristics that describe how we try to do things, both internally and externally. If you share these values, you’re the kind of person we’re looking for:
With us you’ll find opportunities to make a difference on a national scale, and develop skills and insights that you wouldn’t find anywhere else.
To give you the exposure you need to excel, our two-and-a-half year graduate programmes are made up of multiple rotations and an external secondment.
You’ll spend your first two years experiencing different parts of the FCA and growing your networks. At the same time, you’ll be collaborating with teams across your division, honing your skills and technical knowledge and developing a real insight into financial services. You’ll round out your experience with a final placement in industry.
Find out about the different programmes available to our graduates:
I have been working at FCA full-time (More than a year)
Extremely employee friendly - employment conditions are very, very good and there are a lot of training and development opportunities.
Massive emphasis placed on diversity and inclusion, even though there’s still more to be done (as pretty much every big organisation).
Real opportunity to make a difference. The FCA is internationally renowned for its work and has a huge impact on how the entire financial services sector operates. Working here you really feel like you can help people in a significant way.
Glossy new building and technology being introduced. It’s about time with the technology, but by August everyone will have a new tablet laptop, a sit-stand desk, and we’re finally properly enabling remote working and going paperless.
Really welcoming and insightful colleagues. The FCA has so many people that really understand their field that you’re never short of someone to explain some bit of financial arcanery to you.
Overall salary package is really strong. If you look past the basic salary, there’s a really good pension and other benefits, plus the bonuses are very good, especially for high performers.
Looks great on your CV. There are so many people who move on to big jobs from here, so it can be a great stepping stone into big banks, etc.
The old tech (which is being phased out, see above).
Pretty process-heavy. Even senior leaders recognise the organisation has too many internal sign-offs and could be much quicker. I wouldn’t expect it to be that long before this is addressed, even if it might take a while to change fully.
Advice to Management
Make decision-making leaner. And keep pushing to break down silos.
Market Monitoring interview for the role. 3 stage interview and a case study at the end. Interviewers were nice and good to talk to. Culture is calm and will be a nice place to work