FINRA reviews

3.8

69% would recommend to a friend

(931 total reviews)
avatar

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
4.0
Jul 4, 2020
Recommend
CEO approval
Business Outlook

Pros

1. Response to BLM has been energetic from the CEO through management. After years of platitudes from our diversity HR looks like something is being done about racial inequality. 2. Equally, FINRA's care for its employees during the COVID period has been outstanding. The teleworking technology has worked seamlessly. Executive management has been proactive about ensuring staff have time for child care, elder care, grocery shopping; we even had a surprise day off from the CEO! We are in no hurry to return to the office, and it seems there will be many additional WFH options as we phase back. 3. We're getting raises to bring our base salaries in line with our industry. 4. FINRA remains a warm, safe, friendly place. The rearrangement of staff assignments and reporting lines that resulted from an internal reorganization have forced former "frenemies" to learn to work together, and surprise! it's been a great success.

Cons

1. 2019-2020 promotions were given based on "who you knew". There remains endemic stubbornness to look outside one's comfort zone. Perhaps as we start putting some meat into our diversity program this will be successfully challenged. 2. Little interest from new management to learn how successful programs worked before tossing them (but that's typical in management changes). 3. Not really a place for an ambitious person 4. Some fear/risk of embracing and promoting diversity improvement opportunities

5.0
Sep 12, 2018

Meaningful work, great environment, opportunity to learn and grow

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

FINRA offers opportunities for people in a broad range of professions - data scientists, compliance examiners, enforcement attorneys, other regulators, investor educators, etc. - to grow and develop within their respective areas while doing very meaningful work: helping to protect investors. Challenging work that is personally and professionally rewarding. Collegial environment where others are happy to share their expertise to help you learn. Competitive compensation and benefits. FINRA is renewing itself with a comprehensive review of its organization and operations, with an eye toward being the most effective and efficient organization it can be. FINRA is fully committed to a diverse workforce and inclusive work environment, offering a number of programs and benefits along these lines. Senior leadership is actively engaged in advancing diversity and inclusion goals. Overall, an expectation that you have an opportunity to contribute your individual perspective and expertise to the success of the organization, and your ideas and views will be heard.

Cons

If you think that a non-for-profit, self-regulatory organization would be sleepy and slow-paced, this is not for you; performance expectations are set very high and the work can be intense. The organization is in the midst of very positive changes, and if you're not flexible, adaptable and willing and able to reinvent your work, this is not the place for you.

1.0
Apr 5, 2013
Recommend
CEO approval
Business Outlook

Pros

The benefits plan is probably the only thing FINRA has going for it (I wish I could say the same salary-wise compared to other comments posted on here).

Cons

I don't even know where to begin. Little things like our technology platform are sorely lacking. We are also sitting on a decent amount of cash and yet I don't think my bonuses have ever been anything to brag about. The pay structure/grade system also could be a bit more generous. If you want to attract and keep talent, pay them what they're worth. A simple concept that's missed by the bigwigs who run things from on high on K Street. Senior Management appears to be pretty misguided and/or clueless at best, but most likely apathetic. There's no career guidance, let alone room for advancement. In my case, I came to FINRA as a recent MBA grad who already had five years of industry experience. Little did I know that FINRA prefers to hire freshly minted law school grads with no job experience, period, and virtually no industry experience other than what one can read in a textbook. We're supposed to be regulating the financial industry and those who have industry experience are somewhat frowned upon instead of being used as a resource. I have been with FINRA for five years, and have tried to transfer to different departments solely in an effort to gain more experience in different functional areas (we are way too silo'ed, if that's a word). Sadly, I was told by various HR reps that my resume was deemed "too light" by hiring managers for those positions I applied to, although the positions I applied to were well within my pay grade, or the next level higher. When I've tried to fight to get promoted to the next pay grade in my current role, I am told that I was passed over but to "keep doing what you're doing". Probably the worst career guidance I've ever received. So if you do the math, I've been here five years with no promotion ever earned, yet I've seen my department hire tons of law school grads, only to see them walk out two years later and replaced with another law school grad. Meanwhile, those of us who been "loyal" feel like we get crapped on constantly. I think the philosophy of my department is to replace the bodies once they go cold. In short, this company is run by lawyers who appear to just backstab each other in order to get ahead while playing C-Y-A doing it. Meanwhile, the Analysts who are loyal suffer and the morale in the office just sucks. I now find myself in a position that I can't get out of, with a unique skill set that, since I am not a lawyer, does not help me in my job search/career development.

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Glassdoor has 1,226 FINRA reviews submitted anonymously by FINRA employees. Read employee reviews and ratings on Glassdoor to decide if FINRA is right for you.