Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Citco

      Engaged Employer

      Citco reviews

      3.4

      59% would recommend to a friend

      (3,581 total reviews)

      Christopher Smeets

      66% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      Citco has an employee rating of 3.4 out of 5 stars, based on 3,581 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
      3.0
      May 8, 2017

      Salaries are insulting

      Operations analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good team environment and experience.

      Cons

      Vastly underpaid compared to current market. I am training people that get paid more than me. I like the job but I am saddened that I will have to leave to get a higher compensation.

      avatar
      Citco Response
      9y
      Dear Colleague - Thanks for your feedback - we are glad to hear you are enjoying your work experience; there is a lot to learn here and working with a great team is also rewarding. In regards to your comments about pay - we would remind staff that Total Compensation at Citco is more than base salary. In addition to OT pay and discretionary bonus, we offer a generous benefits package and leave policies. Additionally there are other benefits including a Tuition Reimbursement policy for supporting employees pursuing such designations as a CPA or CFA.
      1.0
      Feb 18, 2017

      Stay away, there is better

      Investor relations
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits package is honestly one of the best benefits packages I've seen in the industry.

      Cons

      The sea of empty desks is a perfect reflection of the current situation over at Citco, specifically the Toronto office. Most teams are severely understaffed and as a result are frustrated with the long, excruciating hours (12-15 hour shifts) they have to put in on a regular basis. it is also looked down upon if you do not want to put in the hours as some management expect you to always put aside your personal life. The inability for upper management to act on the painfully obvious issues that plague this office is the reason why turnover rates have been uncontrollable as of late. There is absolutely no retention policy in place as Citco ultimately plans on shifting operations overseas where the labour is cheaper. Citco has already shut down a whole department at the Toronto office in 2016 and moved its operations over to an Asian country in the western pacific. If you are looking for opportunities, I would advise you to stay away from Citco in its current state if you value a work/life balance. Before joining this company, I urge you to please look up some current employees on Linkedin and have a chat with them to verify everything I've said.

      avatar
      Citco Response
      9y
      Dear Former Colleague - I appreciate you taking time to leave some feedback. We understand that it can be tough to see jobs moved from one office to another resulting in some empty seats for a time. In Toronto we did have a particular IR team whose work was migrated to one of our Asia offices. However the core IR teams are still in Toronto and will remain, likely to grow when new clients come onboard. We are also expanding on the Fund Accounting side in that office - so it remains an excellent training ground for new recruits as well as more seasoned hires. Our headcount in this office will remain strong - even if we may move work abroad, it is replaced by new complex work which means plenty of opportunities.
      1.0
      Dec 10, 2016

      Investor Relations Specialist

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good learning experience for new grads

      Cons

      Lack of management support, a lot of pressure/stress, long hours, horrible email system, poor internal controls, very risky

      avatar
      Citco Response
      9y
      Dear Anonymous - In addition to being a good place to start your career - Citco is a great place to grow your career. Citco offers grads and seasoned professionals a broad exposure to complex financial instruments, world class clients, excellent training and development opportunities, and comprehensive benefits just to highlight a few things that come to mind. A hallmark of our offices and management style is our open door policy - and we would hope that all responsible and thoughtful employees will escalate any concerns they have about systems or controls - so that management can examine and assess anything that may actually need to be addressed. This would be part of good corporate citizenship.
      Viewing 418 - 420 of 3,581 Reviews
      Related searches: Citco jobs | Citco salaries | Citco benefits | Citco interviews | Citco conversations
      ReviewsCitco reviews

      Glassdoor has 3,716 Citco reviews submitted anonymously by Citco employees. Read employee reviews and ratings on Glassdoor to decide if Citco is right for you.