Anonymous - Anonymous employee Citco Employee Review

2.0
Mar 30, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Salary: Manager and above have competitive salary (refer under cons for supervisor and below. - Vacation: One of the best in the financial industry. - Health benefit: Decent - Pension: Decent, company matches until 5% - Other Benefits: Beer, monthly breakfast and monthly cake and ice cream.

Cons

- Senior Management (attitude): Very defensive and have generic responses on issues. Unfortunately they are not honest and the environment his highly political. - Salary: Uncompetitive for Supervisor and below. - Turnover: Very high turnover and is really bad for the overall environment. - HR: Is almost all new in the Toronto office and that speaks about the overall environment of the Toronto office. - Jobs: Moving to Asia. (generic response: “Toronto is a strategic location”). Please be honest to your employee so that they can plan their future.

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Citco Response
9y
Dear Colleague - thank you for taking the time to share your views - both positive and constructive. You've cited our very good benefit and leave offerings in the Toronto office that are in line with other top financial firms in the city. I understand your Managing Directors conducted a Town Hall recently and I would imagine that they provided the consistent message about our strategy to move certain roles to Asia that make sense in our business model. The message that Toronto is a strategic location is an honest depiction of the importance of that office as is the amount of work that continues to be done out of Toronto and the continued commitment to recruitment for your busy office.

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5.0
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Pros

Great work culture and energy from people

Cons

Work can become tedious at times

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Citco Response
2mo
Thank you for the 5 star review, It is great see you experiencing our work culture and the camaraderie you have with your colleagues. We would also encourage you to explore more internal communication channels available to you to address your specific concerns. Thank you for sharing comments and for the 5 star review!
4.0
Mar 23, 2026
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Pros

Its best to work here for a few years and gain experience elsewhere.

Cons

Company went from 2 days on-site to now 3 days on-site, i dont mind it but this company has low morale and all the employees are sick of this place now. If you want a high salary but no opportunity to advance this is the place for you. 80% of the company is senior level and no room for growth or promotional opportunities.

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Citco Response
2mo
Thank you for the 4 star review. We strive for work life balance with our hybrid working policy, working in the office as a team contributes to our collaborative ethos in Citco. We would also encourage you to explore more internal communication channels available to you to address your specific concerns.
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