Citco reviews

3.4

59% would recommend to a friend

(3,579 total reviews)

Christopher Smeets

66% approve of CEO

60% positive business outlook

Citco has an employee rating of 3.4 out of 5 stars, based on 3,579 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).

Reviews by job title

4K reviews
1.0
Apr 13, 2019

Beware of this company

Recommend
CEO approval
Business Outlook

Pros

- Fee beverages and drinks

Cons

- Insanely long working hours - Most senior management is from GlobeOp who had polluted entire working culture of global brand of citco. - Seniors have no people management and workforce management skills. They treat employees like robots and their slaves. - Heavy workload without any proper guidance.

avatar
Citco Response
7y
Thank you for taking the time to provide feedback. We are committed to creating a comfortable, transparent and collaborative environment for all our employees so we are disappointed to hear about some of your experiences. As you would be aware, we are currently in the transition phase with rapid expansion plans. Every transition is unique and there are multiple variables involved. We understand our employees are putting in additional efforts at this point in time; we expect the work to be streamlined as we reach a steady state. We have been transparent in communicating on this subject with our employees and we hope to be supportive of your work and personal commitments, and your health and wellbeing. We are working hard to facilitate flexibility where possible among all teams to promote and support a healthy work-life balance. As a start, we recently announced the launch of flexible timings across few teams. The global My Flex initiative is being rolled out this year, ensuring a commitment to these practices across all teams where possible. We are also making a conscious effort and some of the ways that we are looking to promote work balance in office is through conducting monthly team building employee engagement activities, providing recreational facilities, team lunch/dinner, offering occasional company outing in order to enhance collaboration, belongingness and identity in our teams to make our work place more enjoyable. As an organization, we recognize that our managers play a very important role to ensure that our employees have the resources and tools to perform their roles successfully. We encourage our managers to meet with employees regularly to ensure that employees have an opportunity to express any concerns or feedback they may have. We also have an open work environment and there are multiple communication channels available to employees to voice their views and suggestions. We encourage you to use the various available internal communication mediums for any of your specific concerns. Thanks for your review and continued contribution.
5.0
Apr 24, 2017

Senior Accountant

Recommend
CEO approval
Business Outlook

Pros

Citco is international company servicing clients all over the world. Working at Citco means growing as professional rapidly, deepening your accounting knowledge in various GAAP's and being central point of contact for financial reporting. Strong sense of teamwork, international culture, nice, friendly and intelligent colleagues. ACCA studies are fully paid by Citco. Great career opportunities since company is growing fast. Benefit package: health insurance, sport club, studies, each overtime hour is paid.

Cons

Overtime hours during reporting peaks, but these are steadily reducing, although these are compensated according to law.

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Citco Response
9y
Dear employee, what a great review of Citco! It reflects so many things that we hear from employees: Interesting work, opportunities to constantly learn and develop, good culture and strong sense of team as well as great benefits! I'm delighted that you recognise all of this as contributing to a 5 Star employee experience. If you identify any areas that we can improve or have any suggestions please share them with your manager or with your local HR team. We always want to hear about how we can continue to enhance the employee experience at Citco.
1.0
Apr 27, 2016
Recommend
CEO approval
Business Outlook

Pros

Free beer. Some good colleagues. Free bar at nights out.

Cons

Where do I start... Underpaid, overworked, horrible environment to work in, disgusting culture and work ethic. Idiotic from the top down. The lazier and stupider you are, the better chance you have of promotion. I would well advise everyone to stay well clear of this poorly managed organisations. Overheads are being cut by the second and jobs are going to Manilla to cut costs. At the end of the day they couldn't give a toss about the people, only the profit. Horrible place which is faltering by the second. For career progression move on or don't join here!

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Citco Response
9y
Dear reviewer, this comment is surprising and disappointing. Citco invests very heavily on training and development and the principle of meritocracy is the foundation of career progression in Citco. Citco recognises that our industry is one where there are times that require overtime. We try to balance this with policies and practices that promote and support health and wellbeing. As well as creating a social environment. It’s important that our hardworking teams get to enjoy some downtime together.
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