Operations Associate - Anonymous employee Citadel Employee Review

3.0
Apr 16, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Citadel is an extremely professional environment where everybody takes their jobs very seriously. Management is very engaged, knowledgeable, and in the weeds of what is going on. Nobody lasts at Citadel due to anything besides merit. Great compensation. Your salary will be the highest that there is in the industry. Catered breakfast/lunch/dinner.

Cons

There are two key problems with working in any BO/MO position at Citadel: 1. You have no future within the company doing anything besides what you are doing now. HR and your manager(s) may pretend like there will be opportunities, but that will never happen and you can look at the people at the firm for proof. Nobody transitions into anything desirable. Advancements are in title only. There are people that have been there for 10 years and are 'managers' and even directors that are doing the same menial work that interns will do. There is zero chance for professional growth or career development. The leadership is entrenched (if you would even want their jobs) and not leaving anytime soon. Stay far away if you are ambitious because, despite the name and compensation, it is very much a dead end for your career. Your only hope for meaningful career advancement is to leave for another firm after 3-5 years (which is all Citadel is trying to get out of you). 2. You are compensated more because you are expected to work dramatically more hours than comparable positions anywhere else. On an hourly basis, you are paid the same as people anywhere else, often even less. It is common to work >12hr days in a MO or BO role at Citadel and not uncommon to see people putting in 14 hour days and working weekends. This happens because there is consistent understaffing and a lack of respect for life outside of work. The claim from management is that you need to 'leverage technology,' which is mostly unsubstantiated rhetoric. Many things cannot (currently) be automated. This would be tolerable if there was any future for people willing to put in such work, but there is not.

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Cons

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