Citco reviews

3.4

59% would recommend to a friend

(3,578 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 3,578 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
Jan 8, 2017

Financial reporting temp

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

flexible hours most of the year

Cons

long hours during busy season

4.0
Oct 22, 2016

Citco Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Relaxed environment. Ease of access to upper management. Set hours.

Cons

Low upward mobility. Bonuses nonexistent. Office will probably be outsourced away in next 5 years.

avatar
Citco Response
9y
Dear Anonymous - We appreciate your 4 star rating and positive comments. Not sure if you are a relatively new employee and perhaps have not yet been exposed to our promotion and annual compensation practices. Globally we've just gone through our annual performance appraisal process wherein we identify those employees ready for promotion at year end. We are about to embark on our compensation process which is focused on "pay for performance' ensuring our top performers receive merit increases and bonuses commensurate with their performance. In addition to our pay practices, we have a comprehensive suite of benefits that are in line with market practices and in many jurisdictions above market practices.
4.0
Aug 29, 2016

All good but micromanagement.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very nice facilities including good gourmet coffee, beverages, and meals for after-hours.

Cons

Micromanagement and manufacturer's mindset dragged people down.

avatar
Citco Response
9y
Thanks for taking the time to write your review. We know we have some really dedicated people working for us at Citco and we try to make the environment and facilities as comfortable as possible – many offices have undergone recent refurbishments. And it’s important for us that we’re giving back to our employees in some small way when the work requires more of us. Disappointed to hear that you felt micromanaged, however supervision is a necessary part of regulatory oversight and compliance. Of course, more scrutiny is applied for junior staff until they develop capability and accuracy in their work. It’s a compromise for the breadth of experience and exposure junior staff gain in complex procedures.
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Glassdoor has 3,713 Citco reviews submitted anonymously by Citco employees. Read employee reviews and ratings on Glassdoor to decide if Citco is right for you.