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Financial Conduct Authority Manager Reviews

Updated 12 January 2018
13 reviews

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Manager

3.5
StarStarStarStarStar
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Financial Conduct Authority CEO Andrew Bailey
Andrew Bailey
8 Ratings

Employee Reviews

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Pros
  • Great work life balance and lots of flexibility (in 68 reviews)

  • Interesting work, nice people, genuinely enjoyed my time there (in 26 reviews)

Cons
  • but improvement promised with the move to Stratford next year (in 15 reviews)

  • There is limited career progression (in 14 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (5)

    "Great Place to be"

    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 Financial Conduct Authority full-time (Less than a year)

    Pros

    Everybody I have met in my time here is very helpful and wants you to succeed, which is quite different to the commercial world where it is often dog eat dog. Alongside that the work is meaningful, rewarding and makes a difference, what more could you want?

    Cons

    There are few down sides unless you look very hard to try to find the negative.


  2. "Great sense of purpose and job satisfaction"

    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 Financial Conduct Authority full-time (More than a year)

    Pros

    Supportive culture
    People believe in what they do
    Good working hours and work culture
    Great quality of colleagues
    Good senior leadership team for the most part
    Good benefits and salary isn't too bad
    Great work life balance

    Cons

    Sometimes people are too wrapped up in their job and their view to seek help and give support elsewhere.
    Has a strong silo culture, sometimes even in departments. Overall it seems to be known to be an issue but tackling it will be challenging.

    Advice to Management

    Continue to get the whole building working together


  3. "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 Financial Conduct Authority 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.


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  5. "Working at the FCA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Current Employee - Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Financial Conduct Authority part-time (More than 3 years)

    Pros

    Interesting and varied work that makes a difference in the real world.
    Collaborative working environment and helpful and friendly colleagues.

    Cons

    Management and leadership is very poor, overly bureaucratic and managers are not empowered to make decisions. The actual experience does not match the rhetoric in terms of career development opportunities. The organisation does not act in a way that shows it values and wants to retain experienced employees. The career structure does not allow for meaningful progression of people with technical expertise who do not want to be people managers.
    The open plan environment without adequate quiet space is not conducive to concentration on the technical issues that the work demands. People are often subject to unreasonable workloads so that work life balance is not possible.

    Advice to Management

    Create a career structure that demonstrates you value the technical expertise without which the organisation could not function.


  6. Helpful (3)

    "salary"

    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
    Negative Outlook
    Disapproves of CEO

    I have been working at Financial Conduct Authority full-time (Less than a year)

    Pros

    Good place to work for

    Cons

    Dont wanna move to stratford

    Advice to Management

    Not enough British ethnics employed!

    Financial Conduct Authority Response

    7 Sep 2017 – Graduate Recruiter

    Thank you for taking the time to write a review. We understand that a move to a new office can feel like a big change, however hopefully you can appreciate all the benefits that come with moving... More


  7. Helpful (1)

    "Ups and downs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Current Employee - Manager in London, England
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Financial Conduct Authority full-time (More than 10 years)

    Pros

    Interesting work with the opportunity for exposure to very senior industry practitioners.

    Cons

    Often a political and extremely bureaucratic environment. Can be extremely slow to progress work though multiple governance layers.


  8. Helpful (4)

    "Commercial experience not valued, good for a career "rest"."

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

    I have been working at Financial Conduct Authority full-time (More than a year)

    Pros

    Good work-life balance possible if you have a sensible line or in an area that SLT does not fully understand.
    There is a decent level intellectual challenge assuming you are able to identify or lucky enough to be assigned the right projects.

    Cons

    Too much change and restructuring.
    Commericial and practice experience is not valued.
    Retention of experienced and key staff does not seem to be a priority.
    Technology is a generation behind Tier 1 banks.
    Lack of understanding of finance to the level that I would expect.

    Advice to Management

    Work on a retention strategy that allows you to keep knowledgeable and experienced staff.
    Rather than just relying on redeployment to solve problems, be prepared to let underperforming staff go.
    Commercial external experience is consistently overlooked when looking at candidates for promotion.


  9. "Pros and Cons"

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

    Pros

    Amazing alignment of all colleagues to purpose and values of the organisation. Collegiate environment, intellectually stimulating and endless opportunities to learn.

    Cons

    By its nature, the FCA is bureaucratic, politically charged and risk adverse. Lots of reporting upwards, little delegated authority and autonomy.

    Advice to Management

    Senior leaders need to stop watching their own backs and focus more on people management; be less hierarchical. Signals from the new CEO are positive.


  10. "Fair and Caring"

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

    I worked at Financial Conduct Authority (More than a year)

    Pros

    Support existst to those who need it.

    Cons

    Salary & Status do not set the world alight

    Advice to Management

    Listen to experience graduates are not the only font of knowledge


  11. "Senior associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Manager in London, England
    Former Contractor - Senior Manager in London, England
    Recommends
    Neutral Outlook

    I worked at Financial Conduct Authority as a contractor (Less than a year)

    Pros

    Good life balance - and stepping stone to better career in industry

    Cons

    Boring with no career progression internally

    Advice to Management

    Stop protecting and promoting white middle class men