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Financial Conduct Authority Reviews

Updated 23 March 2017
113 reviews

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Full-time Part-time

3.2
Star Star Star Star Star
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Financial Conduct Authority CEO Andrew Bailey
Andrew Bailey
17 Ratings

113 Employee Reviews

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Pros
  • Flexible working with good work / life balance (in 47 reviews)

  • Good people, interesting work; relatively good work/life balance (in 19 reviews)

Cons
More Pros and Cons

  1. "Associate"

    Star Star Star Star Star
    • 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

    Pros

    Interesting work, open to ideas, flexible working arrangements, work with intelligent people

    Cons

    Very bureaucratic, too many meetings


  2. "FCA"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good colleagues and friendly atmospheric.

    Cons

    Unrealistic targets and tight deadlines.


  3. "Good employer, concerned with career development"

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

    I worked at Financial Conduct Authority full-time

    Pros

    Potentially plenty of opportunity to transfer into and experience very diverse areas of regulation. Good training and career development structure. An organisation with integrity.

    Cons

    Because the organisation is so diverse the various departments and divisions vary in their approach to staff. Get into the wrong division, and development and interest in staff can be severely limited. Certain divisions need to freshen up their managers.

    Advice to Management

    More attention to the needs of all staff, and active monitoring of the skillset of senior management.


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  5. "Technical Specialist at FCA"

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

    Pros

    Flexible working with good work / life balance
    Interesting work
    Intelligent colleagues with good interaction across teams / divisions / FCA

    Cons

    Decision making can be slow

    Advice to Management

    Continue to support staff to be the best they can


  6. "Senior Associate- Supervision"

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

    I worked at Financial Conduct Authority full-time (More than 10 years)

    Pros

    Great manager/team
    Work/life balance
    Interesting work
    Being in the hub of it
    Despite comments below, I do recommend FCA as an employer- the experience is invaluable for a Risk/Control career in Financial Services

    Cons

    The salary - a £20K+ adrift of what you could get in private sector
    A sometimes unhelpful attitude towards regulated firms. A lot of Supervisors struggle to decipher the Handbook (and often rely on FCA general counsel for assistance), yet are reluctant to share this insight with firms. Remember what the statutory objectives are trying to achieve..
    Some excellent people, but a lot of 'career regulator' deadwood - especially in the London office (Edinburgh office has excellent staff).
    Red tape

    Advice to Management

    Actually listen to staff and react constructively to it, rather than the usual 'raising visibility' and empty rhetoric.


  7. "It's more good than bad"

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

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

    Pros

    Pretty good work/life balance. No need to work harder than you want to

    Cons

    No incentive to improve anything. Bloated organisation. Difficult to progress without playing the game.


  8. "Good overall experience"

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

    I worked at Financial Conduct Authority full-time (More than 5 years)

    Pros

    - Supportive management
    - Good work-life balance
    - Great working environment
    - Supportive of professional qualifications and further study

    Cons

    - Political
    - Difficult to get decisions
    - Pace can be frustratingly slow at times

    Advice to Management

    Continue to support, develop and encourage staff


  9. "A Good Name on CV and Good Work/Life"

    Star Star Star Star Star
    • 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

    Pros

    - Work/life balance very good (majority of teams)
    - Good benefits package
    - Some interesting and high profile work
    - Canary Wharf offices are good (albeit moving soon to Stratford) and you will meet some nice people from varied backgrounds.

    Cons

    - Low basic and bonuses for city standards. Pay rises rarely happen.
    - Highly bureaucratic and process driven. This in turn is conducive to micromanagement.
    - Promotion is very much down to your face fitting

    Advice to Management

    Keep doing all of the really good things for consumers. As for your staff, initial training is great, but more needs to be done to maximise strengths of individuals and align to opportunities. If salaries are not better aligned to the market going forwards, you may risk not securing the best talent.


  10. "Associate"

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

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

    Pros

    Good organisation to start a career in financial services with

    Cons

    Not enough opportunities outside of Authorisations department


  11. "Good place to gain regulatory experience"

    Star Star Star Star Star
    • 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
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Interesting work. Good environment in terms of flexible working.

    Cons

    Move to Stratford is a terrible idea that was thrust upon us with no consultation. No pay rise for majority of employees in years.

    Advice to Management

    Do more to retain experienced staff. Compensate staff for move to Stratford



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