FINRA reviews

3.8

69% would recommend to a friend

(931 total reviews)
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Robert W. Cook

64% approve of CEO

59% positive business outlook

FINRA has an employee rating of 3.8 out of 5 stars, based on 931 company reviews on Glassdoor which indicates that most employees have a good working experience there. The FINRA employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

931 reviews
2.0
Jan 10, 2020

Rearranging the Deck Chairs

Recommend
CEO approval
Business Outlook

Pros

Reasonable hours. Flexible work arrangement. Decent benefits.

Cons

The transformation of Member Supervision has caused disruption without resulting in meaningful improvement. Many people have been reassigned to positions they don't like. The culture remains highly political and cliquish. Staff pay remains low, while senior management pay remains obscenely high, and opportunities for advancement remain scarce. Employee turnover is high, and no one in management is held responsible for it. Too many firm exams are unnecessary exercises in checking boxes. Too many enforcement actions target low-level reps and small firms, while CEOs of the biggest Wall St. firms skate. Rule-making nibbles around the edges of existing rules rather than aggressively expanding into problematic areas. Management does too much to appease member firms.

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FINRA Response
6y
Thank you for taking the time to provide your feedback. We ask our Member Supervision employees to bear with us as we continue to implement changes to the group. We believe these changes will address many of the concerns you have, but it will take time to see results, particularly since a number of the changes only went into effect this month. We also agree with some of your recommendations to management. That’s why we designed this transformation to deploy resources to where there is the most risk. If you have questions as we continue through the Exam and Risk Monitoring Program transformation, we encourage you to reach out to the leadership team or your People Solutions manager.
1.0
Sep 8, 2018
Recommend
CEO approval
Business Outlook

Pros

-Decent Benefits/time off (if you can use it) -Some nice introverted people to work with -Free bottled water in the break room

Cons

If you have any self respect, just don’t do it. I’m not sure why some of the other posts are about great work life balance because I was either in the office, on the road or at an airport waiting for a plane. Home was something of a myth. There is a reason the examiner position is permanently posted online. It’s one BIG revolving door. I could not believe how many examiners had worked there less then a year. They tell you minimal travel in your interviews then you find yourself living on the road not remembering the last hotel you stayed in or what city or town you are in. The pay is no where near where it should be for all the divorces and fractured relationships it causes. If the recruiter tells you about the big year end bonus, what ever numbers he tells you just cut it in half. Honestly, I felt like I was a trucker and being paid like one. Puts lots of stress on any relationships. Senior leadership/directors (in the LA office) is a text book example of individuals being promoted based on tenure and not on skill set or competency. -If you are a single individual that has cats at home with no other human relationships this might be for you. (Majority of co-workers fit this profile) -If your life aspirations are to audit financial offices and write a lengthy (And I mean LENGTHY) review and then have it criticed by a manager who will pick it apart then this might be for you. -If you like having NO Job autonomy this might be for you. -If you enjoy being micromanaged to a point where you can’t breath with out permission then this might be for you. -If you like working long hours (50-60 Hour weeks) and not being paid overtime this job might be for you. The co-workers at FINRA are nice, but the majority of them have almost no personality. I guess that goes with the audit space. I wish I would have read the reviews before I took this job. I will never get those two years back on my life.

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FINRA Response
6y
Thanks for taking the time to share your thoughts. As you might be aware, we are in the midst of transforming our Examination and Risk Monitoring program to make it more effective and efficient, relying heavily on feedback from current and former employees as well as member firms and other stakeholders. We believe the changes we are making will mitigate or eliminate the frustrations you mention, among many other improvements. If you have additional feedback, you can email glassdoor@finra.org.
2.0
Jan 21, 2017

Extremely Stressful

Recommend
CEO approval
Business Outlook

Pros

Good people. Fellow examiners are always willing to assist. You can enroll in travel rewards programs and benefit from the travel portion of the job. Good learning experience.

Cons

Over burdening scheduling of exams. Many people need to do work during non business hours to catch up, without getting compensated for it. The work is never "done". It's similar to a post office or an assembly line where the work keeps coming, no matter how many jobs you have yet to "complete". Many times you go into an exam with no knowledge of the review areas, except for reading a few pages of "guidance", which at times can put you in embarrassing situations. For the amount of work, responsibilities and stress, the salary is not even close to competitive to the street. Some Directors extend exams for their own personal gain, at the expense of the exam staff.

Viewing 31 - 33 of 931 Reviews

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