SIFMA Reviews | Glassdoor

SIFMA Reviews

Updated June 2, 2017
22 reviews

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2.4
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22 Employee Reviews

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  1. "No work life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Washington, DC
    Former Employee - Administrative Assistant in Washington, DC
    Doesn't Recommend
    Negative Outlook

    I worked at SIFMA full-time (Less than a year)

    Pros

    Great health benefits and commuter benefits.

    Cons

    If you are support staff you will have no voice- they enforce a hierarchy. Overtime is expected.

    Advice to Management

    Listen to your team and be an example in creating a better work environment.


  2. "Mixed bag"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I have been working at SIFMA full-time (More than 5 years)

    Pros

    Working with member firms can be a rewarding experience; SIFMA works on many interesting issues which allows you to learn and grow as a professional.

    Cons

    Awful culture; management team will not rectify the hostile work environment (i.e. bullying and in-fighting) that exists. This results in a lack of collaboration.

    Advice to Management

    The board should should address this issue which is evidenced by the high turnover rate at SIFMA; HR should not report to the CFO.

  3. "Managing Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in Washington, DC
    Former Employee - Managing Director in Washington, DC
    Recommends
    Positive Outlook

    I worked at SIFMA (More than 8 years)

    Pros

    Bright, energetic and thoughtful staff

    Cons

    pay can be arbitrarily lower for some

    Advice to Management

    Be less partisan


  4. "good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I worked at SIFMA full-time (More than a year)

    Pros

    Company wide support and great benefits

    Cons

    Long hours but it balances during the slow months


  5. "SIFMA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I worked at SIFMA full-time (More than 3 years)

    Pros

    Great access to an extensive network of financial professionals
    Able to learn a lot about the regulatory environment

    Cons

    Not a lot of mobility within the organization
    Fairly high attrition rate

    Advice to Management

    Allow employees to be immersed in many different areas. Provide a better compensation standard which is clearly articulated.


  6. "Awful"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend

    I worked at SIFMA full-time (More than a year)

    Pros

    The location of office was great

    Cons

    Racist and toxic environment. Very negative

    Advice to Management

    Do better with hiring practices


  7. "Great Company For Meaningful Internships"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY
    Recommends
    Positive Outlook

    Pros

    My supervisor was a great mentor and encouraged me to learn and grow; my experience here helped me to decide what my career goals were.

    Cons

    I don't have anything bad to say about SIFMA.

    Advice to Management

    More activities centered around intern-development

  8. Helpful (2)

    "Nice corporate culture, great work-life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Legal Department in New York, NY
    Former Employee - Legal Department in New York, NY
    Recommends

    I worked at SIFMA full-time (More than a year)

    Pros

    When I worked there, which was quite a while ago, it had collaborative atmosphere. People were pleasant and genuinely supportive. It was fun and interesting to monitor cutting edge developments of the regulations of the markets. Also fun to be the hub and conduit for communication among brokerage firms and regulators. Really got to meet the movers and shakers in the industry.
    The perq was if you did the job right (meaning learn the market and build a big "rolodex" including gov. regulators) you could go to a big brokerage house and make decent money afterwards.
    At the time I had a boss that encouraged personal development and very supportive of doing whatever was necessary to engage members.

    Cons

    When I was there the company was transitioning from being more laid back to increase its relevance. That meant developing creative initiatives to better engage members. To do the job right really required lots of meetings, lunches or dinners with members in order to have a always current and relevant grasp on what was happening on the street. Thereafter, written work still needed to be completed so days could be pretty long.
    There was opportunity for personal growth, but not so much for promotions. Very narrow organizational pyramid with little turnover.


  9. Helpful (1)

    "Fast-paced environment and interesting work!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Government Affairs Assistant in Washington, DC
    Former Employee - Government Affairs Assistant in Washington, DC
    Recommends
    Positive Outlook

    I worked at SIFMA full-time (More than a year)

    Pros

    They offer a great compensation and benefits package - health, dental, vision, 401K matching, etc. You'll be doing important work, and working on actual legislation for the country.

    Cons

    You might have to work long hours, especially if you're gearing up for a huge bill, push, or conference. There's a bit of a learning curve. While you'll get extensive training on how to use all of their systems - you'll have to teach yourself about all of their issues, if you don't know them already.

    Advice to Management

    have more flexibility for work-life balance


  10. Helpful (3)

    "Leadership failure"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend

    Pros

    Interesting work, and important issues.

    Cons

    Failure of leadership at the very top, and toxic in-fighting between employees who are doing their best not to work collaboratively.

    Advice to Management

    Change the leadership.


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