Financial Institution Specialist/Mid-Career Review (Examination Side) - Mitarbeiter (anonym) bei FDIC: Mitarbeiterbewertung

2.0
20. Nov. 2018
Mitarbeiter (anonym)
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Geschäftsprognose

Pros

Work-life Balance, Working Credit hours, 10% Matching, FDIC pays 85 percent of the total health care premium, vice 72% for all other Gov't Agencies, and training in D.C. (not Field Offices)

Kontras

The "Featured Review" on top is Fake News, which management in D.C. purchased to hide more critical comments about FDIC, especially from younger Examiners, who are leaving FDIC in droves. If you read the majority of the positive reviews on Glassdoor (and Indeed), they tend to be from non-examiner staff (D.C. Employees) or examiners in the Mid-West that are overly compensated for the less meaniful work they accomplish. First, if you have prior work experience (espeically in the Private Sector or Military), I would highly recommend you find employment at a more Risk-Seeking organization, as the FDIC is one of the most Risk-Adverse organizations in the Federal Gov't. To be honest, if you desire Federal Employment with one of the other financial regulators, I would recommend you obtain employment at the OCC, SEC, or the Federal Reserve instead. In my opinion, the Federal Reserve is the best of all the three organizations, as the Fed's pay and benefits are far superior to FDIC, and the work you accomplish is more meaningful and impactful to the overall Financial Industry. However, the biggest issue I have at FDIC is its culture. Many offices eat their young, treating non-commissioned examiners as Second-Class citizens, even though the 1980s "Commissioned" examiners cannot even calculate new Capital Ratios nor understand the complexities associated with Sensitivity to Market Risk Models at today's Financial Institutions. Many of these "old-timer" never held a job outside FDIC, and are completely worthless, including many SEs. The culture issues go all the way to the Top, as FDIC promoted individauls who should never be in charge. Even the Editorial Board at the Wall Street Journal wrote an critical article about FDIC ("A Regulatory Vendetta Exposed"), documenting the overzealous management practices at FDIC's Regional level. FDIC has serious leadership issues, which in turn, hurt the overall moral of the organization, especially at the Examiner level. At the end of the day, the Federal Reserve and the OCC are the most important Banking regulators in the country, and FDIC is just a weak child in the relationship providing very limited oversight, leading to overzealous examiners trying to prove their Report of Exams are actually important (they are not). FDIC regulated institutions (State, Non-Member) are a dying breed of Banks, and Large Banks is were the risks are concentrated in the FInancial System. In my opinion, FDIC should focus on its cores competencies, Deposit Insurance and Bank Failure Resolution; which are vastly more important to the overall financial system than banking examinations. As a result, I saw the writing on the way, and I found a job somewhere else that gave me 2x pay increase with better coworkers and management.

Mehr Bewertungen zu FDIC entdecken

5.0
4. Apr. 2026
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Pros

I'm giving my 2nd review after 2.5 years of employment at FDIC. My first review was more negative due to the excessive amount of travel and the lower starting pay as a new hire. However, as I progress in my career, I have received annual pay increases and a promotion. I'm expecting another promotion in 6 months if I pass the technical evaluation. I found that what we do is meaningful. When I just got hired and was doing my training, I thought the job was tedious, mainly because I was learning call report slotting. And the excessive amount of travel is all due to schools needing to complete the commissioning program. I'm overall satisfactory here despite the starting pay being lower than in the private sector. But the long-term job security, steady pay increase, and a structured career ladder are all benefits that will reward long-term employees. Pros include: * Great work-life balance * Lots of personal leave & sick leave * Employer matches 10% to your 401k (you only need 6% to trigger the max) * Student loan repayment ($10 per year) * Stable pay increase (4% per year) * Structural promotion opportunity (from CG 7, to 9, to 11, to 12, to 13, you can achieve it within several years. Each time it's a 10% pay bump) * Supportive management (I have not experienced or heard any peer suffering the sexual harassment rumor that the WSJ reported) * Supportive training environment. Every other senior employee is super helpful and reasonable. They are always there to help. Despite that occasionally, some trainers would give you negative feedback. * It pays travel reimbursement for mileage and per diem to cover your dining expenses.

Kontras

The commissioning program can be stressful, and it depends solely on passing the technical evaluation. If you fail twice (with a score below 70), you will be terminated. And there is no well-written study material for you. You have to collect all relevant study material, including the risk management manual, regulations, interagency statements, etc. The lack of official practice questions imposes another layer of challenge. Cons include: * WFH got taken away (despite that FDIC operates independently from taxpayer money) * TE is stressful * Lower starting salary *

2.0
21. Apr. 2026
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Pros

First year telework was awesome for work-life balance, Ability to take trainings to get certifications needed for job growth, team projects were interesting, and received on-the-job training with available senior-level staff within the functional unit and division, excellent food choices.

Kontras

Limited opportunity for growth depending on functional area. Telework was taken away abruptly. Sometimes there was unprofessional behavior such as gossiping, catty behavior by upper-level management to subordinate staff and vice-versa, pay was lower than expected for the work performed. Not compensated fairly for the area and locale. High turnover rates within functional unit,

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