Citco reviews

3.4

59% would recommend to a friend

(3,581 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 3,581 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
1.0
Feb 27, 2015

Avoid Citco at all costs!

Recommend
CEO approval
Business Outlook

Pros

Absolutely zero - NONE!!!!!!!!!!! If I could use expletives to describe Citco I would. STAY AWAY IF YOU VALUE YOUR LIFE AND CAREER!

Cons

Hell hole doesn't even begin to describe how horrible of a company this is. I've worked for a few various large companies and Citco is the most disfunctional, mismanaged and toxic place to work. They expect you to not have a personal life and work ridiculously long hours. I worked anywhere from 50 hours per week minimum to over 65 hours per week. Some teams work even longer hours. And this has nothing to do with tax season or end of year activity. Since management does nothing to retain talent the office is one big revolving door. In my first month of working there out of my team of 9 individuals 3 quit. I was told this is normal but the red flags kept going up all around me. It's true they have a fridge stocked full of pop and beer after 5pm but that's only used to keep the employees numb to the reality they are working in. Management is the most inept group of people on the planet. Most have no people skills and are drones reporting to their Dutch masters. Newly promoted managers are not trained at all to deal with HR issues and how to properly manage employees. There are many Irish émigrés in management who are harsh and don't care about the employees. If you don't mind being blamed for problems that are not your fault then Citco is the place for you. I was hired knowing that I had no previous hedge fund experience but on the last day of my 6 month probation was told that I wasn't a good fit because of my lack of knowledge. Even the HR person couldn't believe management was letting me go. Don't waste your time or delay your career by working here. You will be miserable in no time and regretting that you ever signed their offer letter.

1.0
Jun 23, 2014

Look elsewhere, if you can

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I am struggling to find a minimum of 20 words to describe pros of working for this company. Money is good however it is not worth it. I think that some people stay here because the title behind their name is something they would never otherwise attain, no matter how hard they try. Senior VP is equivalent to maybe, just maybe, manager at other firms. That qualifies as "pro", doesn't it?

Cons

Long hours, unfair distribution of work, unusually high turnover, incompetent management (supervisor/manager/vp/svp) lacking basic skills, extremely poor training program which leaves you questioning your sanity - waste of time and completely useless, dissatisfied clients (most with a good reason), frustrated employees....all in all, stay away if you are looking for a professional career, respectful relationships and work-life balance.

1.0
May 29, 2014

WORST JOB EVER-STAY AWAY

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Higher starting salary compared to similar jobs in the industry,however overtime is needed all the time and you get paid for overtime only after 44 hours so every week you work 4 hours for free and at the end of the year your hourly wage is lower than working as receptionist. Free soft drinks, once a month ice cream and cake-if you want to get diabetes Free beers after 5 pm-so all pathetic juveniles working at this sad company can get drunk like teenagers who see alcohol for the first time in their life

Cons

LOOONG hours-every week, and I mean loooong like 10/11 pm or later Micro-management and annoying supervisors who are on your as* all the time telling you what to do Inefficient processes-everything has to go through approvals so even if you are done your work, you are sitting there waiting for your emails to be released, your reports to be approved, your every sentence to be reviewed before you can leave Crap software-programs that crash all the time, discrepancies in numbers, wrong information that gets you in trouble all the time because you can;t rely on the systems that are supposedly there to help you Extremely high volume of work and stress-you can never get everything done and the management won't hire more people Unsocial, unfriendly co-workers who just stare at their monitors and nobody talks, just works

Viewing 424 - 426 of 3,581 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.