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      Citco

      Engaged Employer

      Citco reviews

      3.4

      60% would recommend to a friend

      (3,568 total reviews)

      Christopher Smeets

      66% approve of CEO

      60% positive business outlook

      Ratings by category

      3.5

      Diversity & inclusion

      3.4

      Compensation and benefits

      3.3

      Culture & values

      3.3

      Career opportunities

      3.0

      Work/Life balance

      3.0

      Senior management

      Citco has an employee rating of 3.4 out of 5 stars, based on 3,568 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Citco employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      4K reviews
      1.0
      Apr 5, 2017

      Lay off and lay off

      Qa analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      None to mention.. only free beer.

      Cons

      Too many lay offs, they will hire you as a full time even for 1 year job and then just lay off. No growth plans. Don't get lured by beer bottles in cafeteria.

      avatar
      Citco Response
      9y
      Dear Former Colleague - Unfortunately in today's economic environment - the best of companies struggle to make the best decisions for stakeholders and employees alike. In order to grow and maintain our business operations, Citco has at times needed to make some tough financial and people decisions. I can assure you a great deal of thought goes into the process to keep the impact to a minimum. Anyone caught up in such an action is treated with dignity and with a generous package to help them find their next opportunity.
      1.0
      Jan 5, 2017

      Depends on your manager and team....

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good benefits, generous PTO and holidays off, summer flex schedules. Meals during busy season. Very friendly staff if you choose to be social.

      Cons

      Incredibly unprofessional atmosphere all around. Very high turnover. Terrible communication. If you have certain managers your life can become a living hell. No work life balance because if you're a competent employee you are expected to pick up the slack from irresponsible coworkers. No room for advancement under management who doesn't want anyone to be better than them. Senior staff turns a blind eye as long as all the work gets done. Promotions are based on seniority and not work so you have a lot of incompetent people in management positions.

      avatar
      Citco Response
      9y
      Dear Anonymous - Thanks for taking the time to share your views and starting on a positive note to highlight our comprehensive benefit and time off policies. Like most financial services firms, different departments at Citco have busy periods during the month and at certain periods in the year to meet our client needs. For example, our Financial Statements team in Malvern is just stepping into it's crunch period and there will be very little flexibility during the next couple of months to meet the demands of the workload and critical deadlines. This is something local HR and Talent Acquisition take great efforts to communicate during our recruitment process and which most financial professionals would understood to be "part of the job". However you cite our generous time off and summer flex policies. Those are in place exactly to counter balance the crunch periods. In regards to promotion practices - Malvern has routinely promoted numerous staff during their mid year process - and they are based on merit and performance - such that high performers of any tenure (not simply seniority) have advanced their careers in that location.
      2.0
      Oct 2, 2015

      Good for starting job, not good with work-life balance

      Senior fund accountant
      Recommend
      CEO approval
      Business Outlook

      Pros

      great for out of college candidates, OK for 2+year experiences, but no room to grow for 4+ experienced professionals. Nice new building.

      Cons

      fast-paced, no work-life balance, you have to do be "liked" by managers and be their "pal", if you do not participate in "happy hours" you are treated like outsider (outcast). VERY high turn around - only excuse you hear is - "all the lazy people left". Not sure that is the case - more like - "all the smart and focused on career, who found another better option left". If you are smart then you will find another place to go. Bonus is a JOKE, about 10% at most, when "big apple" is driven primarily by bonus (20-35%). My girlfriend works in finance customer service field and had 20% bonus.

      Viewing 31 - 33 of 3,568 Reviews
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