FCA Reviews | Glassdoor.co.uk

FCA Reviews

Updated 12 March 2019
271 reviews

Filter

Filter


3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
FCA CEO Andrew Bailey
Andrew Bailey
106 Ratings

Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • "The move to Stratford is not liked by the majority of staff" (in 20 reviews)

  • "Unclear career progression routes" (in 22 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (14)

    "Great employer, offering really good overall salary packages and an opportunity to make a difference"

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

    I have been working at FCA full-time (More than a year)

    Pros

    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.

    Cons

    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.


  2. "Dealer"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FCA full-time

    Pros

    Great place to work at

    Cons

    Level of pay needs to be reviewed

  3. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time

    Pros

    Flexible hours, ability to work from home.

    Cons

    At times difficult to progress.

    Advice to Management

    Better pay and opportunities for promotion.


  4. "Good place to work but with some drawbacks."

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

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

    Pros

    Good work life balance
    Flexible working
    Interesting work (mostly)
    Great office in London

    Cons

    Can be overly bureaucratic
    Pay progression is broken

    Advice to Management

    Empower your people at a lower level. Risk averse sign off procedures is killing enthusiasm.


  5. Helpful (1)

    "Solid place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time (Less than a year)

    Pros

    Feeling of working to help others
    Intellectually stimulating work
    Friendly people
    Opportunities for professional development and qualifications
    Good work life balance, can work from home
    Non contributory pension & other benefits
    Recession-proof job

    Cons

    Obsession with corporate jargon
    Internal politics, directors and EAs being a bit self-important at times
    Incompetent reorganisation of strategy & competition
    Unclear career progression (no one has been able to explain to me the progression from associate to senior associate to technical specialist without being wishy washy)
    Stratford is a nightmare to get to (though the office and park are nice)
    HR are slow and never answer their phones
    Document management system from the stone age

    Advice to Management

    Get rid of Livelink and replace it with something functional
    Remember that London is not the centre of the universe and that you don't have to pity everyone living in the north
    Streamline internal governance and structures (eg why are there so many people in BTS compared to enforcement?)
    Expand the graduate scheme and hire apprentices to encourage tech-savvy young people to join, since you are always going on about how important data is


  6. Helpful (1)

    "A great place for certain types of careers, not so good for others"

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

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

    Pros

    Very good work life balance

    Cons

    lower pay compared to industry.
    Low technical ability
    Stratford

    Advice to Management

    increase pay


  7. Helpful (1)

    "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at FCA full-time (More than 5 years)

    Pros

    Exciting, varied and intellectually simulating work
    Great work life bakance

    Cons

    Can be bureaucratic at times

  8. "Great ambition - hard work to achieve"

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

    I have been working at FCA full-time (More than 5 years)

    Pros

    Great environment and interesting work with the potential to make a difference.

    Cons

    Can take such a long time to achieve and there's a culture on what might go wrong.

    Advice to Management

    Focus on smart decision making. Shift towards encouraging ideas and be tolerant of minor mistakes - particularly relating to the obsession with internal process.


  9. Helpful (3)

    "Supervision Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at FCA full-time

    Pros

    Fantastic insight into the working of the industry

    Cons

    Stratford office is a nightmare, tech failings never get solved, the immediate environment is a shambles.

    Advice to Management

    Re-locate.


  10. Helpful (1)

    "Good place to work"

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

    I have been working at FCA full-time (More than a year)

    Pros

    Great work life balance. Interesting work

    Cons

    Managers should get better training to manage their team properly