Citco reviews

3.4

59% would recommend to a friend

(3,582 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 3,582 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 27, 2020
Recommend
CEO approval
Business Outlook

Pros

1. Good Learning. 2. Excel skill will get improved as too much manual work. 3. Good pay. 4. Sufficient leaves. 5. Shift Allowance. 6. Transport facility

Cons

1. Stop giving importance to just Pune office. 2. Promote Mumbai employees too as they are the one who helped Citco to setup a base in India. 3. Deserving Candidates are not appreciated and due to this Mumbai staff are trying to leave the organization. 4. There is a vast difference in India Citco and Global Citco.

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Citco Response
5y
Thank you for taking the time to provide feedback. It’s great to see you refer to so many positive like good learning experience, leave policy, compensation, shift allowance and transport facility. 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 are always looking for new ways to identify and promote talent at Citco. We invest heavily in training, learning and development at all levels. We want our colleagues to achieve their career ambitions. Hence, all promotions are requisitions based and are available for everyone to apply irrespective of locations. We encourage everyone to apply for roles that suit their competencies / skill set. We have had promotions in Mumbai as well as in Pune and would encourage you to look for roles and apply for it…… Thank you for your feedback. We would also encourage you to explore more internal communication channels available to you to address your specific concerns.
1.0
Aug 21, 2020
Recommend
CEO approval
Business Outlook

Pros

good exposure to hedge fund industry some good colleagues for fun

Cons

1.) lots of reasonable OT but the VPs just rule out OT and try to remove any deserving employee on the same pretext. 2.) visible partiality to people the upper management knows or has good relations with although they sit on the chair non productively either gossiping on the phone or computers with all known colleagues. 3.) senior staff having lots of ego and attitude that junior staff is always scared to ask any questions or they are looked and reported very much negatively which rules out any scope of learning. 4.) lots of visible office politics, if you want to succeed here you should be good looking and shouting, because polite and good listeners are often asked to leave the company by senior management or are threatened to face the consequences. 5.) tuition reimbursement for cfa or cpa is a joke : you need to stay and satisfy certain years of employment if Tution fees are reimbursed. 6.) unhealthy OT environment. people are reasonably working but are unreasonably compensated. and if there is ot (OVERTIME) then the VPs catch managers and managers catch the down line throat and keep getting angry. first of all managers, vps, supers, seniors op analyst, please watch your mouth and stop getting irritated , as you have to answer our questions as our time is more important than yours and we care more about not doing OT but this line of business requires this and your bonuses is the least needed here. 6.) really angry seniors, only God knows why are they seniors .they actually don't respect anyone, don't know how to pass on knowledge to juniors and expect them to work fast. well fast work is necessary but that does not mean getting one frustrated. 7.) SLA thing is such a mean system that gets very absurd and so not doable. TIP: if you get to work for an aggressive client, trust me , get out of CFS or don't make any mistake and do everything on time, otherwise the client and the upper management will make sure to make your life so miserable that you may stop breathing naturally for a long time. 8.) this would clearly be the last company in the world which I would be applying to, please look for other options immediately and do not do the mistake of waiting for some years experience before applying elsewhere. 9.) hedge fund industry is not teaching you anything , look for some better industry (totally lost faith by how things work here) they will only teach one thing the word : Fast please. 10.) really worst upper management , not motivating only dominating 11.) really so much more, just want to leave this as is now, heartbroken but very true to the reality.

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Citco Response
5y
We appreciate you taking the time to provide feedback so we can understand more about your time with us, and although it is disappointing to read this review, we see all feedback as an opportunity to improve. We are always interested to learn how we can enhance the employee experience at Citco. We do share our reviews with our senior leadership team so that they are also aware of areas that may need to be reviewed. As per one of your suggestions, if you wish to speak to someone in HR to provide further details please do not hesitate to reach out.
1.0
Feb 15, 2020
Recommend
CEO approval
Business Outlook

Pros

Flexi-time, Exams refunded, Laya

Cons

Toxic environment on a lot of teams. Poor management, analytical types promoted to supervisor level with no people skills. Some teams have good morale, some are toxic and bordering on harassment. Month-end hours can be for 8-10 days each month

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Citco Response
6y
Thank you for your feedback. It’s disappointing to read this review but I appreciate you taking the time to provide feedback so we can understand more about your time with us. This is not the Citco I recognise and indeed goes completely against our values. Dignity and Respect is a cornerstone of our management development programmes, to ensure our values are embedded in our leadership philosophy and practice. We recognise 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. Thank you for your contribution and feedback, Wishing you all the best.
Viewing 442 - 444 of 3,582 Reviews

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