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
3.0
Oct 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Good compensation and Benefits High Salary Package for New Hires Mid level Managers are mostly considerate/friendly People are not toxic generally They have quarterly budgets on Team Building/Team Bonding Activities Good Office Facility

Cons

No bonus/Low yearly increases (less than industry average & less than inflation rate) Salary package not competitive for home growns (Just don't stay here for long or else you will deteriorate in value Little to No Practical trainings for new funds/tasks; they always expect you to know what to do Migrations and Lot of Process Changes with No Planning/Little to No Training/No Support on Resources especially people resource/No Proper direction Senior Managers Doesn't know how to Manage People or are not trained to do their jobs or maybe they just don't care enough Management's lack of transparency; Management over promises/don't set realistic expectations For Upper Management, everyone is replaceable so you're just another employee to them You should be able to handle tasks of up to 3 people here since resignees are not being replaced right away - they will make you cover for the tasks of those resignees Company events are mediocre as if it was a small company No KPI/KPIs/performance management are just another admin tasks to them they don't focus on this seriously therefore No growth overtime There's no defined process on promotion/There's no direction in your career you just have to tolerate/validate your bosses No Work Life balance overall There's no exit interview Multiple surveys given for feedbacks but no improvements on the constructive feedback/HR/management don't listen to feedbacks As you stay here, you will not have that peace of mind

avatar
Citco Response
1y
Thank you for taking the time to leave a review. It is great to see you refer to the positives such as our compensation and benefits package, we would also like to share that we regularly benchmark compensation ranges to ensure that we remain competitive within our industry and regions. We are committed to creating a healthy and transparent environment for all our employees, and so, we regret to hear about some of your experiences. This is not the Citco I recognise and it goes completely against our values. We are always looking at how we can improve so thank you for taking the time to leave your feedback.
1.0
Mar 14, 2024

Not recommended

Recommend
CEO approval
Business Outlook

Pros

It used to be a heaven at work at the time of my joining but slowly the senior staff made it a most problematic place to work. It is a good place only for the ones who are VP and above level.

Cons

1. No job security - if your senior especially VP and above dont like you, you can be fired. 2. HR is hostile and supports only senior staff. 3. Desciplinary actions are very common in CITCO with no proper reasons. 4. Long working hours, no work life balance. 5. High level politics. 6. My list wont end.

avatar
Citco Response
1y
Thank you for your review. We are committed to creating a comfortable, transparent and collaborative environment for all our employees so I am disappointed to hear about some of your experiences. We appreciate you taking the time to provide feedback so we can understand more about your time with us. Wishing you all the best.
3.0
Oct 26, 2022
Recommend
CEO approval
Business Outlook

Pros

- good entry level opportunity; you learn a lot about the industry - flexible home to office schedule - friendly environment - paid OT - good amount of paid time-off

Cons

- zero (and I absolutely mean zero) work life balance (doesn’t get any better after some time) - I feel like I’m being taken advantage of sometimes - poor communication and micro-management (extremely complicated org structure) - integration and adjusting to the work can be difficult (depends on your team and manager) - can’t remember a week I didn’t have to work OT - poor salary for the amount of work done - clients are never satisfied no matter how hard you worked - high employee turnover and team changes; you’ll have to take on more stressing work and deal with more demanding clients on top of yours - never get the credit you deserve; haven’t heard a ‘well done ‘ or ‘good job’ for a while - gets annoyingly repetitive after a while

Viewing 433 - 435 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.