Financial Conduct Authority Employee Reviews about "senior management"

Updated Dec 3, 2021

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Found 27 of over 993 reviews

2.9
37%
Recommend to a Friend
10%
Approve of CEO
Financial Conduct Authority Chief Executive  Nikhil Rathi  (no image)
Nikhil Rathi
159 Ratings
Pros
  • "Good culture, work life balance(in 210 reviews)

  • "Supportive team and interesting work(in 110 reviews)

  • Cons
  • "Severe lack of career progression(in 60 reviews)

  • "Senior management are pretending that they’re not trying to save on costs but they clearly are(in 30 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "senior management"

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    1. 5.0
      Current Employee, less than 1 year

      Takes care of staff

      Jul 18, 2019 - Policy Advisor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good work/life balance, great benefits, knowledgeable colleagues

      Cons

      Senior management not always consistent, staff moving around teams too often

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    2. 2.0
      Current Contractor, more than 5 years

      Going Downhill Fast

      Dec 3, 2021 - IT Contractor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Used to be a great place to work - not any more People are great

      Cons

      Senior Management entering a consultation with staff on changing terms and conditions. Four month into the process and exec committee are still to consult with the staff representatives on the proposals. Most staff far worse off under the proposition but a lack of engagement and empathy from Execs has seen morale hit rock bottom. There is a new Senior leadership team that have proposed the changes before they had got to grips with understanding the organisation, how it works and the culture and people that work there. Execs have dismissed union representation and refused the use of internal comms method e.g. email for union members to provide updates to all staff - on the face it seems to prevent wider union support.

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    3. 2.0
      Current Employee, more than 3 years

      Employment terms worsening significantly

      Oct 31, 2021 - Senior Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You are exposed to a wide range of engaging and important work. You contribute to reducing social harm Work/life balance is better than most industry work I've had previously.

      Cons

      You have already taken a c. 25-50% pay cut reduction by choosing the FCA compared to a similar financial industry role but its ethical work. There's a tradeoff for what you want as a person. However, employment terms are about to dramatically worsen under new leadership while responsibility and workloads have increased. Senior management appears to be hostile to employees engaging with a union for collective bargaining. Their responses to questions are not clear. This is the kind of speech that we are trained to identify and pick apart as regulators. Nepotism is rife in certain departments. Don't expect over time to be recognised or compensated. Certain areas are massively under resourced

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      18 people found this review helpful
    4. 3.0
      Former Employee

      High quality staff

      Oct 27, 2021 - Legal Counsel in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good quality of work in enforcement division with high quality staff

      Cons

      Senior management have a culture of micro management and there was a lack of engagement between senior management and junior staff

      3 people found this review helpful
    5. 2.0
      Current Employee, more than 10 years

      FCA review

      Sep 29, 2021 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people Proud to play a part in consumer protection

      Cons

      Overstretched Senior Management not in touch with lower grade staff.

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      13 people found this review helpful
    6. 1.0
      Current Employee

      Senior Mgmt are really messing up the place and unable to talk to staff without a script

      Oct 9, 2021 - Senior Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Talented and hard working staff who pull together and help each other to get things done. Tons of opportunities to learn and get involved in very interesting projects. Great feeling to deliver interventions that genuinely help consumers.

      Cons

      Out of touch new senior management team who are unable to simply or clearly articulate current changes. I don’t know any members of staff that don’t feel incredibly let down.

      17 people found this review helpful
    7. 1.0
      Current Employee, more than 8 years

      Poor leadership

      Oct 3, 2021 - Anonymous Employee in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people, interesting work and a valuable learning experience

      Cons

      Poor salary and benefits, bonus scheme is being removed and lack of reward for hard work, heavy workload with too much work and too few people. Poor senior management, no clear direction, senior management do not listen and do not care, do as a i say and not as i do attitude, management are in an ivory tower Used to be a good place to work with a good culture - no longer the case

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      11 people found this review helpful
    8. 2.0
      Former Employee, more than 1 year

      Good place to work

      Aug 29, 2021 - Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Life work balance is good

      Cons

      Poor senior management and little autonomy

      2 people found this review helpful
    9. 4.0
      Current Employee

      Nice culture, bad tech

      Jun 22, 2021 - Senior Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Supportive staff, interesting work. Opportunities to rotate

      Cons

      Bad tech, unresponsive senior management who don't understnad how the buisness works

      2 people found this review helpful
    10. 1.0
      Current Employee, more than 1 year

      Management lacking, pay being cut, staff morale low

      Jun 29, 2021 - Senior Associate in London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Willingness of staff to collaborate. Interesting work for a good cause. Nice office with good facilities.

      Cons

      Lack of engagement by senior management with staff. Lack of vision for the organisation by uninspiring CEO and leadership team. Limited promotion prospects. Below inflation pay rises (and pay freezes) for several years. Continual overwork described as "stretch" that in reality is excessive hours worked to meet absurd staffing shortages. Staff morale low as a result of all of this.

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      16 people found this review helpful
    Viewing 1 - 10 of 27 Reviews

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