Citadel Software Developer reviews

3.7

49% would recommend to a friend

(105 total reviews)
avatar

Ken Griffin

69% approve of CEO

62% positive business outlook

Software Developer employees have rated Citadel with 3.7 out of 5 stars, based on 105 company reviews on Glassdoor. This indicates that most Software Developer professionals have a good working experience there. Citadel is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

105 reviews
5.0
Oct 3, 2019
Recommend
CEO approval
Business Outlook

Pros

Citadel is a great place to work for someone without too much experience in the industry. You can make an impact right away and have ownership over your projects. This comes with more responsibilities and you get to interact with the stakeholders of your work. Having ownership means that you can see your project from initial design through to production. Since the people that use the software that you build are internal clients, you get feedback constantly, resulting in a fast paced iteration process. You will be learning alot really quickly and get to develop not only technical skills, but also communication, leadership, and financial skills. teams are generally pretty small and generally collaborative. The company has a very flat sturcture and results oriented. As a junior developer, quant, or trader, you have many opportunities to interact with leaders in management across different functions.

Cons

Citadel is split among different businesses. As an engineer, you will be supporting traders and researchers who generate money for those businesses. Not all the businesses have the same culture and thus team experiences could differ. This also means that there will be a team with a business need and culture that you will find compelling. Some teams' work life balance isn't too great and do work very long hours. Usually it is because the projects they work on are very time sensitive and high margin. Turnover is relatively high as some new people may not fit in well with the team and/or business.

5.0
Sep 29, 2019
Recommend
CEO approval
Business Outlook

Pros

* Citadel is a true meritocracy with a strong culture of ownership and "getting stuff done". * There is a lot of autonomy given to developers. You are encouraged to diversify your skillset by constantly learning on and off the job. On different projects, I have not only been the software developer but also a product manager, quant researcher or product evangelist based on what aspect of the project interested me. Talented peers from different backgrounds are always willing to help you learn new skills. * As someone who joined through the new grad program, a lot of support and guidance was provided in terms of classes, tech talks, speaker series, and various mentorship programs. The rotational program also allows you to find a team that is a perfect fit for you. * Titles mean very little at Citadel and the organization structure is very flat. Junior people who show promise are encouraged to take on more responsibility and are pulled into mission-critical projects. * Portfolio Managers, traders, and analysts appreciate the importance of technology and quant research and are constantly trying to incorporate it into their investment process. Citadel is especially rewarding for those engineers who are willing to put the effort to understand financial markets. Software developers are constantly reminded that they are there to solve problems and not just write code.

Cons

* Citadel demands 100% from its teams and individual members every year. This leads to a cycle of a multiyear period of stability (4-5 years) followed by a short period of turnover (6-8 months). This cycle has it's obvious cons but for ambitious team members, the period of turnover actually creates a lot of opportunities. * Software developers are encouraged to understand and solve problems. Sometimes these problems are ambiguous and the specs provided are loose. If you are scared by ambiguity, then this may not be the best place for you. 60-40% split of long term vs short term projects. Engineers, especially in the front office, may be required to context switch based on market conditions. * Citadel is a big consumer of open source projects but doesn't have a strong culture of contributing back to them.

5.0
Sep 4, 2019
Recommend
CEO approval
Business Outlook

Pros

Citadel is a company that strives to have every employee be their best professional self, and is absolutely true to its values - integrity, winning, meritocracy, learning, and extraordinary colleagues. The culture is centered around performance - there is an obvious, stated mandate that everyone perform at their peak capability 100% of the time, while constantly stretching that peak as much as possible. This is not your traditional finance company culture of "facetime" whereby those who are visible at their desk 24/7 are promoted and praised. Instead, those who contribute, exceed their goals, and bring the whole team forward are considered the top performers. And, of course, top performers are rewarded accordingly - not with badges of pride or soft praise, but with concrete results. If that's what you're looking for, Citadel is the place to be. From a technologist's perspective, there are infinite opportunities to learn from your peers, many of whom have different backgrounds, or completely different skillsets to offer. You may find yourself working with former nuclear physicists, or former fed chairmen; each interaction is a chance to level-up each other, and to learn something new. Of course, there are the perks: breakfast and lunch available in the office, stipends for teams to hold events, frequent company-wide outings (read: sporting events, broadway shows, etc.), and top-notch comp.

Cons

As with any company in an expansion phase, there are some growing pains. That said, those at Citadel have been less than at companies in similar phases. There are active efforts to mitigate bureaucracy, but occasionally they fall a little short. Given the performance oriented culture, if you don't make the cut, there is no time wasted before you are shown the door. Though depending on your perspective, this may not be a con.

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