FCA Reviews

Updated 4 Aug 2020

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3.4
68%
Recommend to a Friend
75%
Approve of CEO
FCA CEO Andrew Bailey
Andrew Bailey
174 Ratings
Pros
Cons
  • "Slow career progression, too much governance can hinder substance of your work(in 34 reviews)

  • "Way too bureaucratic - slow decision making process can grind you down(in 18 reviews)

More Pros and Cons
  1. "Overall a good place to work."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Current Employee - Advanced Associate in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at FCA part-time for more than 5 years

    Pros

    They really do value work life balance.

    Cons

    The salaries could be better.

  2. "Brilliant employer"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Paralegal in Stratford, London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time for more than a year

    Pros

    Amazing people, environment, and lovely building.

    Cons

    Not a lot of variety of work for paralegals


  3. "Good place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at FCA full-time for more than 5 years

    Pros

    Work life balance, career progression, voluntary work

    Cons

    Long hours but rewarding experience

  4. Helpful (4)

    "Interesting work - when you're not feeding the machine"

    3.0
    Current Employee - Senior Associate in Stratford, London, England

    I have been working at FCA full-time for more than a year

    Pros

    Well-paid. When you actually have time to do the work you're employed to do, as opposed to feeding the governance machine, it's interesting.

    Cons

    Exhausting governance procedure. Vast amounts of admin. Demands come from senior staff that cannot be met within the timelines for sign-off that senior staff have also agreed, leading to a lot of conflict at working level. You can't get time with senior staff before they review a paper, so if they have questions or objections they only come up at the last minute when inevitably you have no time to address them (see point about timelines above).

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  5. "Great place"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Policy Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at FCA full-time for more than 5 years

    Pros

    Possibility to learn and great culture

    Cons

    Low salaries and compensation in general

  6. "Fair enough but hard to progress"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in Stratford, London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at FCA full-time for more than 3 years

    Pros

    Good people, interesting work, good pay for the hours. Couldn't fault them for trying to lead on good behaviours.

    Cons

    Politics, favourites, career progression, London Centric. Sometimes the rhetoric can be a little hollow and its time to move on. You can be a square peg for only so long before the novelty wears off and you don't fit.

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  7. Helpful (1)

    "Long term career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Stratford, London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at FCA full-time for more than 10 years

    Pros

    Good people, fair company, hard workers

    Cons

    Money and rewards could be better

  8. Helpful (2)

    "Too much inexperience amongst management and a lack of focus on the day job."

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in London, England
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at FCA full-time

    Pros

    Interesting work that is challenging, impactful and worthwhile. Good focus on employee welfare and physical working conditions. Progression if you tick the right boxes.

    Cons

    No consequence for failing to deliver or missing deadlines. Staff regularly utilised for career progressing pet projects by managers and above that don't align to business plan or organisation's goals. In some areas it currently feels like you're being made to feel complicit if you don't explicitly subscribe to political movements and statements. Bonuses and objectives for HoD level and above seem too political and don't align to what industry or consumers would expect for the fees being paid. Some blogs that have been approved for publication externally have a political slant e.g. relating to USA politics or Brexit that are contrary to staff guidelines but seem to pass scrutiny. Losing its way through political correctness now it has brought in lots of former civil servants and continues to live in the bubble of London. Focus on the day job please!

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  9. Helpful (1)

    "A mixed experience"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at FCA full-time for more than 3 years

    Pros

    There are some very capable, very knowledgeable people around. That means you can learn a lot quite quickly about a wide range of issues, if you work hard. You get to do some very interesting, very challenging work, which can be rewarding if you have a positive impact on consumer protection or market integrity etc. Mostly, you're treated quite well, and people are polite and respectful. Work-life balance can be good, but not always. Line managers do their best to protect people from burnout, but they don't always succeed.

    Cons

    The internal politics can be awful. Senior people's careers and personal agendas seem to be the most important thing. This leads, on occasion, to decisions on important issues being actively avoided (so no one can be 'blamed' at a later date), or to questionable decisions being taken for (even more) questionable reasons. This can be demoralising if you're motivated by doing the 'right' thing. Often, you're actively discouraged from doing anything more than facilitating what seniors want to do, even if there are better ways to approach the issue. Discussion over how best to achieve desired outcomes, constructive criticism etc., are suppressed in the interests of pleasing more senior people first and foremost. That is priority number one, in many cases. Opportunities for career development and progression are severely limited, and often one's ability to play internal politics well seems to have a bigger impact than doing your job well. There are also certain parts of the organisation which are led by people who have a terrible understanding of issues relevant to FS regulation, which can be demoralising and frustrating as it makes effecting good outcomes much harder. If you're a ' go-to' person for certain issues, work-life balance disappears rather quickly; hours are often comparable to my time in industry, but without the same level of pay.

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  10. "Great place to work, hard to progress"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Crime Specialist in London, England

    I have been working at FCA full-time for more than a year

    Pros

    Great culture, managers provide opportunities where possible. Great work life balance.

    Cons

    Difficulty progressing to senior levels with limitations in resource; not particularly social; public sector so remuneration is not at the same level as private

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Found 401 reviews
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