Citco reviews

3.4

59% would recommend to a friend

(3,580 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 3,580 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
Nov 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Difficult to point out any positives - apart from the over rated CItco brand name which is mis sold in India

Cons

Cayman island company / not curacao headquartered as claimed by the company. Poor transition management methodology - story sold by transition head to top management different from ground reality / price being paid by junior staff who have to stretch on month ends. No HR presence in India... no holidays offered to staff even on diwali - global management hasn't understood india offshoring at all - dictate global processes which do not fit in india

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Citco Response
8y
Thank you for your feedback. Every transition is unique with multiple factors to be considered. We understand there could be some challenges during a transition and not all of the issues and risks can be anticipated at the start of the engagement. The transition methodology used in Citco is a tried and tested global framework, includes risk mitigation, has a robust governance mechanism at various stages and allows flexibility to accommodate unique situations and requirements. The transitions team works simultaneously with business teams, divisional interfaces and senior management to ensure a smooth transition. Given the nature of Citco’s business operations, employees may be required to work during certain local festivals. As an employee working in a global organization you need to understand and appreciate the dynamics of a global team. We would encourage you to explore more internal communication channels available to you to address your specific concerns.
1.0
Nov 1, 2021
Recommend
CEO approval
Business Outlook

Pros

Pros. What a joke !!! . All are froudsters , this company is Playing Squid Game with their employees

Cons

If you work with Citco, you will feel like you are working at Coal mines, I am here from last one year and lost my 24 KG's. My girlfriend broke up with me, I am not able to see things properly as my eyesight is became weak, My family members don't respect me. Even my dog as well. Coz I am 15 hours works daily. They don't give money for extra work. You will feel like your life got sucked here . I took home loan and now I am trapped here . After some days I will be absconding here. If you don't love you Life then only join this Slaves factory.

2.0
Feb 13, 2019

Not good for family people

Recommend
CEO approval
Business Outlook

Pros

Good company globally but not in India

Cons

Shift timing are 3/4 -1am midnight which will last till 5 or 6 am in the morning, if not then they will make sure it will by allocating you. Management will creat circumstance to make you sit late and I mean very late. Not good for family person Health is also effected Do not expect any carrier growth If you r in new jercy team then you are dead....

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Citco Response
7y
We appreciate you taking the time to leave a review. 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. We understand that, at times the client-focused nature of our business can lead to longer working hours than we would otherwise like. We are also in the transition phase and expect the work to stabilize as we reach a steady state. However, 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. 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. Regarding career progression, we are always looking for new ways to identify and promote talent at Citco. Recent changes to the internal promotion process aim to ensure transparency and equal opportunity for all. At Citco, we are always open to hearing suggestions for improvement. We would like to encourage you to explore more internal communication channels available to you to discuss your concerns or suggestions. We take all feedback we receive on board so we appreciate you sharing your experience with us and thank you for your continued contribution.
Viewing 343 - 345 of 3,580 Reviews

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