High turnover rate
- Minimal/sloppy cross-training practices… you really need to learn along the way if you’re new.
- Flexitime is a joke as you’re expected to work late constantly… no work/life balance, can’t even leave your desk for 10 minutes without being jumped on with a million questions from your useless co-workers upon arrival.
- No opportunities to advance, change departments or roles
- Citco is not interested in retaining talent, so when experienced employees end up leaving the few remaining knowledgeable employees are burdened with more work (of course, without an increase in salary). The employees who “play dumb” are not expected to learn more to cover the loss of manpower.
- There are managers/VPs who have superiority complexes and consider anyone who isn’t a manager/VP or fund accountant as beneath them. They are not as important to the company as they believe they are (as I’ve seen many top level managers get the axe over the past year), so who knows why they think that they can walk all over people… This attitude extends to interdepartmental politics, as traders and accountants view custody as indentured servants.
- Cliquey environment especially among the large number of Asian employees who do not believe they have to listen to anyone who isn’t White or Asian (unless they need something from you, then they temporarily become your best friend).
- You will NOT get recognition for your hard work. You can work like crazy for months and get as many “Thank yous” along the way, but come review time, your manager will nitpick your work ethic (sometimes, they make it personal… was once told that how I did something was “annoying”) like you wouldn’t believe.
