Financial Services Authority Reviews | Glassdoor

Financial Services Authority Reviews

Updated February 9, 2017
31 reviews

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3.2
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31 Employee Reviews

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  1. "This was aaaaaages ago"

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

    I worked at Financial Services Authority full-time

    Pros

    Interesting work through the financial crisis and unrivalled job security at the time.
    Lots of young and fun people around

    Cons

    Colleagues often found it difficult to see the wood from the trees and were grounded in process, rather than looking at the bigger picture.


  2. "Project Manager"

    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
    Neutral Outlook

    I worked at Financial Services Authority full-time

    Pros

    Excellent availability of project experience
    Exposure to various areas within financial regulation

    Cons

    Organisation was going through significant change and I don't believe that change management principles we well applied
    Whilst I did not personally experience this there were many instances of "blaming culture" where projects experienced setbacks. Not always a strong collegiate or support management structure.

    Advice to Management

    Back your staff. You hired them. Support them to reach their full potential.

  3. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Recommends
    Neutral Outlook

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

    Pros

    A great place to start your career, good atmosphere and the opportunity to interact with senior executives in the industry.

    Cons

    Salaries and bonuses are constrained compared with the industry; location is currently good, but I understand they are moving a bit out of town, which could be a problem.


  4. "FSA Team Lawyer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lawyer in London, England (UK)
    Former Employee - Lawyer in London, England (UK)
    Recommends
    Positive Outlook

    I worked at Financial Services Authority full-time

    Pros

    Great team environment with mixed diversity of skills and personalities; fascinating case load.

    Cons

    Civil service mentality with Stats and KPIs; team lawyers can get very busy. Hard work and sometimes thankless tasks.

    Advice to Management

    Work to engage teams in the strategic direction and focus of team initiatives and ongoing investigations.


  5. "Senior Associate"

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

    I worked at Financial Services Authority full-time (More than a year)

    Pros

    Good work life balance.

    Cons

    Rigid, not too opened to new ideas

    Advice to Management

    Adapt to new technologies


  6. "Definitive Software Librarian"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Definitive Software Librarian in London, England (UK)
    Former Employee - Definitive Software Librarian in London, England (UK)
    Recommends
    Neutral Outlook

    Pros

    Excellent working conditions including; on-site restaurant available for early start breakfasts and lunch. A great group of people to work with who take a very professional approach to their work and know how to enjoy themselves socially

    Cons

    The organisation was adversely affected by a lack of coherent direction from national government, which seemed to be confused about the way the organisation should be functioning, which had a negative impact on the staff at times!

    Advice to Management

    Get clear commitments from the government about what it actually wants the organisation to do and then hold the government to their commitments, so that the employees can then function as professionals in an unhindered manner!


  7. "Predictable, stables job - really old-school corporate environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Project Manager in London, England (UK)
    Former Employee - IT Project Manager in London, England (UK)
    Doesn't Recommend
    Neutral Outlook

    I worked at Financial Services Authority full-time (More than a year)

    Pros

    Great benefits, amazing canteen, nice colleagues.
    Money isn't bad either for a public (ish) sector organisation.
    Work/life balance is very manageable.

    Cons

    Very old fashioned corporate attitudes. Working from home is theoretically possible but not really encouraged. People print off SO MUCH STUFF, even emails, to bring them into meetings. For no particular reason.
    Pace of work is very slow and things are overly bureaucratic and documentation heavy.
    Did I mention the print frenzy_

    Advice to Management

    Ensure there's no self-selection of people who dislike new technologies, ways of working and innovation in general. As a regulator, you need to be close to the banks and not hire people who just want to create their own little bubble and always be miles behind the banks.

  8. "Challenging, but interesting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Business Partner in London, England (UK)
    Former Employee - Human Resources Business Partner in London, England (UK)
    Recommends

    I worked at Financial Services Authority full-time (More than 3 years)

    Pros

    Quality of people, high profile work

    Cons

    Some people believe it is ok to have a blame culture and were rude

    Advice to Management

    create collectively accoutantability


  9. "New but the same"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate
    Former Employee - Senior Associate
    Recommends
    Neutral Outlook

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

    Pros

    The FSA is no longer, I now work for the FCA, but it is fundamentally the same. That said, as employers go you could not be safer as many staff are leaving which creates opportunities in itself until matters settle down. Benefits are good and pay is ok if not what you might earn externally. But the pay off is no business targets and as long as you do well, bonuses approx 20-25% salary is not uncommon.

    Cons

    They are attempting to make it feel different but the truth is it is not. Cultural characteristics do not a culture change make and being a new body there is lot that is not right.


  10. "A decent employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Associate in London, England (UK)
    Current Employee - Senior Associate in London, England (UK)
    Recommends
    Neutral Outlook

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

    Pros

    Great way to get all round FS experience, good quality people in the majority and interesting and intellectually challenging work.

    Cons

    Senior management, in general, lacks clarity of direction and is currently weak, can come across as a little spineless. The organisation is currently in a state of flux and dysfunctional in places particularly when coordinating internally between divisions.

    Advice to Management

    Show some visible direction, drop the sound bites and step up. Staff want to see faith in people over process!


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