Citco reviews

3.4

59% would recommend to a friend

(3,583 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 3,583 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
2.0
Oct 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Lot to learn, high net worth clients, decent pay and benefits, very casual, fast way to promotion

Cons

Unqualified management, developing systems, extremely high turnover, OT only paid after 44hrs of work, negative working environment.

2.0
Sep 27, 2014
Recommend
CEO approval
Business Outlook

Pros

young and friendly co-workers - that's really it. Free beer to distract you from the fact that you're still at work at 8pm. Some good learning experiences in workshops. You will spend your time on proprietary softwares that you'll never need to use again.

Cons

This company takes advantage of young and inexperienced staff by allowing zero opportunity to negotiate your own employment terms or salary. it is not open for discussion during the course of employment and you'll never talk to someone with any power. Your own manager will openly complain about their job/salary. Several very unprofessional managers, zero work-life balance good luck making plans during the week. No appreciation or recognition for hard work. I think I was told 'thank you' twice in 2.5 years and I had a few 70 hour work weeks making 33k. You are only paid overtime after 44 hours and will regularly work that many hours if not more. The Director openly embraces high turnover (which is extremely hard on the teams) because it means they are paying a comparably low salary versus competitors which is good for the bottom line. They literally said this in a meeting with ground level staff which was horrifying. It is almost impossible to live on a 30,000 salary many employees have to live at home with their parents. Your 'raises' will never be over 1-2k at a time and you will barely notice. Even promotions do not include a decent raise and you will only work harder. Do yourself a favour and keep looking.

2.0
Sep 24, 2014

Operations analyst

Recommend
CEO approval
Business Outlook

Pros

Okay work-life balance. Not too much pressure.

Cons

High turn over rate. Not much space for career development. Always have seniors/supervisors watching over your shoulder. They will not acknowledge your hard work, instead when you make any mistake you will be blamed, sometimes quite disrespectfully. No matter how early you submitted your work, you can't go home unless it is reviewed.

Viewing 517 - 519 of 3,583 Reviews

Glassdoor has 3,718 Citco reviews submitted anonymously by Citco employees. Read employee reviews and ratings on Glassdoor to decide if Citco is right for you.