The following is a Graduate Review for Financial Conduct Authority.
Financial Conduct Authority scores 3.7/5 based on 313 reviews.
All reviews are based exclusively on results of feedback from employees from Financial Conduct Authority. Employees are asked to rate Financial Conduct Authority on a wide range of work place topics, which is broken down through star ratings on the right hand side.
To find out how your Graduates can leave reviews of your company, please contact our Brand Manager Grant on 01825 725291.
What are the Best and Worst things about your job?
My current placement is very interesting. The work is challenging and highly analytical, which suits me well. I can see the positive impact of my work on normal people and I am preventing harm. Both of the teams I have worked in have been great, and I have formed many friendships with colleagues.
There can be little communication about big changes or upcoming events and it can be a struggle to get answers to important questions. You are not able to choose your first placement, which is a year long, and some people are luckier than others. My first placement was not interesting or challenging and did not reflect the work I was told I would be doing, which meant my first year did not help me to develop my skills and knowledge in the way that other graduates' placements did.
What is the annual salary for this role?
Starting salary: £33,000 - £35,000
Current salary: £35,000 - £37,000
What advice would you give to someone applying to this role?
Make sure you have applied for the right scheme for you - there are several available and it is important to consider what type of work you will be doing in each specific role. Consider the skills necessary for your chosen programme and how you can demonstrate them fully. The FCA takes its values very seriously, so you should be aware of these and how you could demonstrate and apply these in your work. You will need to demonstrate some interest in and knowledge of financial services, including ongoing changes or current issues facing the sector.
Do you have any interview tips?
Try to remain calm under pressure. The assessment centre has multiple parts to test you in a variety of scenarios and each one will matter. The telephone interview asks specific questions to test your knowledge of the FCA, your chosen programme and wider commercial issues. The assessment centre interview is competency-based, so have a think about what skills might be required for your role.