Fhfa Reviews

Updated July 10, 2014
Updated July 10, 2014
10 Reviews
3.6
10 Reviews
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Employee Reviews

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  1.  

    Great Future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fhfa as an intern

    Pros

    Good management team, nice benefits, smart culture

    Cons

    Sometimes the work is slow

    Recommends
    Positive Outlook
  2.  

    This agency functions poorly.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fhfa

    Pros

    Salaries are on the high side compared with other financial regulators. Benefits are generous. Work of the agency is fascinating and has the potential to be groundbreaking. Much of the staff is genuinely friendly.

    Cons

    Some individual salaries are inexplicably. Promotions and salary increases are difficult to obtain without threatening to leave or ingratiating oneself as a sycophant. Structure is very siloed and executives hoard important information from each other and from subordinates. Individual agendas predominate over a unified mission.

    Advice to ManagementAdvice

    If you don't have confidence in someone, tell them. Enforce information sharing among and within offices. Process regularity must be practiced at the highest levels if other execs and offices are expected to conform. Administration by selective exception discourages regularity. Reduce crises by refusing to adhere to artificial deadlines when timing has become compressed. Encourage developmental assignments in which staff in one office can be leveraged in another office and learn more about the agency's work.

  3.  

    Great Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Strategy Intern
    Former Employee - Strategy Intern

    I worked at Fhfa as an intern

    Pros

    Great opportunity to learn the real estate industry

    Cons

    Not enough learning opportunity for an intern

    Recommends
    Positive Outlook
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  5.  

    Finance Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Intern  in  Washington, DC
    Current Employee - Finance Intern in Washington, DC

    I have been working at Fhfa as an intern for less than a year

    Pros

    Flexible internship schedule. Great benefits for full time employee.

    Cons

    Not much financial valuation work

    Recommends
    Positive Outlook
  6.  

    Great Summer Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Washington, DC
    Former Employee - Intern in Washington, DC

    I worked at Fhfa as an intern for less than a year

    Pros

    This is a great opportunity for aspiring economists to gain some experience. The work is interesting and you get a great look at the kind of work that economic regulators do. The hours are very reasonable and the pay is pretty good for a summer internship. Additionally, public transport is paid for. And field trips during working hours!

    Cons

    There is some grunt work involved (which is true of any summer internship). They don't really push you to be innovative or creative, but that's also true of most summer internships. The hiring process is a joke; there was a one-week application window and I had to pester the HR people for ages just to get an acknowledgement that they received my application. The amount of paperwork required is enormous; by contrast, my current full-time private sector position required two signatures.

    Advice to ManagementAdvice

    Fix the hiring system, and allow interns to list a preference of departments to work in.

    Recommends
    Positive Outlook
  7.  

    Great place to work! But the people..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Washington, DC
    Former Employee - Financial Analyst in Washington, DC

    I worked at Fhfa full-time for more than a year

    Pros

    -Great way to work in public service
    -They are doing important and interesting work
    -Technology is superior

    Cons

    Some of dumbest and laziest people I have ever had the opportunity to encounter. Most (yes, most) are just collecting a government paycheck and have no clue how to actually do their jobs or even what the actual mission of the agency is.

    Advice to ManagementAdvice

    Add some fresh thought providers to your workforce. Just accepting transfers/burnouts from other agencies is not the way to create a top class agency.

    Doesn't Recommend
    Negative Outlook
  8.  

    Good internship experience. Decent pay.

    Former Employee - Intern
    Former Employee - Intern

    I worked at Fhfa as an intern for less than a year

    Pros

    -Good salary for an intern
    -Field trips around DC
    -Free metro fare

    Cons

    -Long internship
    -Not very structured program
    -Some interns may be isolated from other interns depending on their department

  9.  

    Great benefits and training opportunities, but lack of vision and limitations on internal advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

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

    Pros

    Good place to get your foot in the door for financial regulatory work. Compensation and benefits are very good, and the work environment is nice.

    Cons

    Like other Federal agencies, you have a lot of people who aren't going anywhere, and are content to remain where they are, which limits upward mobility. Management is still trying to figure out exactly what kind of agency FHFA (formed in 2008) should be, and there is no clear vision for the future. Has the potential to be a top-tier financial regulator, but not as it currently exists.

    Recommends
    Neutral Outlook
  10.  

    OK but Should be Better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at Fhfa full-time

    Pros

    Salaries and Benefits are exceptional.
    Employer Paid Dental and Vision Coverage. Larger than average Agency contribution to health insurance premiums.
    Challenging and Rewarding Work

    Cons

    Weaknesses Among Executive Leadership
    Overlapping and uncertain responsibilities
    Inadequate accountability or transparency in decision making
    Cultural differences among staff from different agencies have never adequately been addressed

    Advice to ManagementAdvice

    Reward good employees
    Deal with problem employees
    Involve more diverse talent for analysis and decisions on critical issues

    Recommends
    Positive Outlook
  11.  

    Bank Examiner at FHFA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Examiner  in  Washington, DC
    Current Employee - Bank Examiner in Washington, DC

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

    Pros

    Travel is minimal compared to other regulatory agencies.

    Cons

    People have a "better than thou attitude" and training is nearly non-existent.

    Advice to ManagementAdvice

    Incorporate a training program for ALL!

    Recommends
    Neutral Outlook

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