Citco reviews

3.4

59% would recommend to a friend

(3,584 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 3,584 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
Nov 25, 2017
Recommend
CEO approval
Business Outlook

Pros

Training for new joiners and staff, information access to many instruments, free chips and beer on Friday. Annual leave is ok

Cons

Workload, monthend crunch , no work life balance, a lot of changes going on , admin staff and no recognition to those time spent on additional non daily staff. Demands a lot from staff yet not well compensated

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Citco Response
8y
“Dear Former Employee, Thanks for taking time to post a review. We are glad to hear that there are some positives about working at Citco. We appreciate your comment regarding workload, no worklife balance, no recognition, etc. This is an opportunity for us to look into those areas where we need to do a better job at. We will incorporate this as we craft our action plans. Thanks for the feedback.”
2.0
Sep 26, 2017

Clueless

Recommend
CEO approval
Business Outlook

Pros

This is a company who means well. Great intentions for it's people, processes and customers... BUT...

Cons

They have no idea what they're doing. They take forever to make decisions and the higher ups dont share that responsibility with its people so the company has a culture where people aren't invested in what they do. At all. Nobody is accountable for anything because nobody's empowered to do anything other than the daily tasks.

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Citco Response
8y
Thank you very for your feedback. While it is indeed sad that you have this perception/observation, it is important for you to also be aware that the leadership team truly invested in the business and its people. The reality is that each of us has specific work/tasks that we do everyday, in our own realm, we are empowered to do the best we can. Similarly, we do appreciate if employees will come forward and be candid with their leaders with their observations. We do listen, besides, the Company will not be where we are now if not for its people.
4.0
Jul 29, 2017
Recommend
CEO approval
Business Outlook

Pros

1. Free beer after 5, breakfast every first Friday of the month, other food perks like cake and pop/juice/chocolate milk. 2. You do gain an understanding of how certain financial instruments work, which could serve you well if you either choose to grow at Citco, or move on to do something else in finance or accounting. 3. Very friendly work environment, at least in my experience of being with the company for 3-4 years. I've worked on a couple of different teams, and it's always been a culture of "take work seriously, but not yourself too seriously". 4. It's a diverse and younger office, so you'll get the opportunity to work with people from all over the world, and fellow 20 somethings. 5. There is opportunity for quick advancement, depending on your circumstances. 6. The Christmas party is always a legendary event! 7. Overall, from my experience, it's not a bad job for your first job out of university, if you are just looking to gain some easy experience early in your career.

Cons

1. Inconsistency between teams on overtime. Some teams work a minimal amount, while others are having an awful time. I do understand though that the nature of some clients makes this hard to balance. This could be due to size of clients, skill of teams, client responsiveness to queries, among many things. 2. I do feel like pay could be a bit higher, but if it keeps the outsourcing wolves at bay, whatever, I'll take that trade off at this point in my career. It also might help to outline more often the benefits we have as well. 3. Other teams that you have to deal with for various clients from other offices will likely drive you nuts, and may very well be responsible for late days of overtime or late work. 4. A lot of what I listed as "pros" are completely dependent on what team you end up on. I have been very lucky, but if you have a mediocre or poor manager, then you obviously may have a rough time. 5. Tasks can be a bit repetitive, and some of them feel either redundant, or the reason we do them isn't properly communicated. 6. I think ensuring people are ready to be people leaders before being promoted is essential, and I think this gets missed sometimes. Technical skill is great, but it doesn't make you a leader. Some people just plain don't have that ability, and that's ok, if they are in the appropriate role. 7. If you are a bit older/have family commitments, and are looking at a more entry level position such as an operations analyst, it might not be the right culture for you at this point in time.

Viewing 574 - 576 of 3,584 Reviews

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