FCA - People friendly, varied and interesting work. | Glassdoor.co.uk
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There are newer employer reviews for FCA

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"People friendly, varied and interesting work."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Enforcement Manager in London, England
Former Employee - Enforcement Manager in London, England
Recommends
Neutral Outlook
No opinion of CEO

I worked at FCA full-time (More than 10 years)

Pros

Makes a difference to people's lives. Flexible working is encouraged and you have a lot of control over your working day and projects.

Cons

Limited promotions and face has to fit once you get more senior. Salaries and headcount are restricted more and more. The move to Stratford is not liked by the majority of staff.

Other Employee Reviews for FCA

  1. "Generally good employer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England
    Current Employee - Associate in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at FCA full-time (More than 8 years)

    Pros

    Flexible working, fairly good salaries, additional benefits such as private medical care, pension.

    Cons

    Lack of consistency across departments and even teams, poor talent management, difficult to progress within your own department


  2. Helpful (1)

    ""Authorisations - lending and intermediaries" - Ok but room for improvement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England
    Current Employee - Associate in London, England
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at FCA full-time (More than 3 years)

    Pros

    Lots of opportunities for sideways moves.
    Mostly nice people.
    Good canteen.
    Lots of knowledgeable people to learn from.
    Friendly Head of Department who is easy to get along with.

    Cons

    Reg As doing the same work as Reg Bs and Reg Cs and not being appropriately rewarded for this.

    Confused risk appetite - measures have been implemented in an attempt to improve consistency. Unfortunately we now have a number of guides to assist case officers which don't always marry with each other i.e. one guide will categorise the firm's risk to our objectives on one set of criteria and another guide will categorise the firm on a different set of criteria, each with different results.

    A number of long time associates who resist any fresh input and work to undermine newer associates and managers.

    Managers openly undermining each other.

    Tiresome relationship with supervision - often feels like we're on opposite teams.

    It is too difficult to refuse authorisation to firms - the hurdles are too high. It often feels like you are pushing firms to improve processes with nothing to threaten them with if they refuse.

    Silly amounts of administration to close a case - renaming of all emails, recording of risk category, checklists, case notes, manual email confirmations etc.

    Director who doesn't seem to have a clue about how difficult the work is on the ground, just wants results!

    Advice to Management

    Stop undermining each other. While it's a source of gossip, it's not a good look.

There are newer employer reviews for FCA
There are newer employer reviews for FCA

See Most Recent

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