Not Good - Anonymous employee Citco Employee Review

1.0
May 8, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Cant Find any Good Reasons to work here

Cons

An organisation which 1) Doesn't have any clarity of action 2) No good hiring policies, they hired majority of their staff from one orgnaisation so mindset is same and it has spoiled work culture 3) Just big talks and nothing happening at ground level 4) There is groupism between SVP's and VP's and the subordinates are left alone to deal with their own problems 5) Hostile to new ideas and the Super Managers (EVP and above) do not interact with anyone even if they its only to self promote or to cut down on somebody's genuine issues and make them feel embarassed 6) HR guys do not have real authority, the only department which can set things straight needs to be given more autonomy 7) Each time you try to reason out with Management Team they have standard response that we are in a migration phase, it seems weird because it appears from their approach that Migration for them is just creating chaos 8) Haphazard Migrations with no clearly defined SLA's, Risk Coverage. Its an utter surprise that their majority of client do not know that work is done out of India, leaves with a big question mark on Integrity. 9) No clarity on SLA's and no information to client has made the situation worse as people have to sit late at night just waiting for sign offs from dependent teams in USA or Canada(who either do it deliberately or are genuine) and then close the fund and get it reviewed from onshore and then leave. So if a person has logged in at 3 pm they dont know if they will leave at 6 or 7 am the next day 10) Too much reliance on excel when compared to the competitors in market.

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Citco Response
7y
We understand our employees are putting in additional efforts at this point in time and we truly value our employees contributions. We have at least one member from the senior managers team available at all points in time to support employees with their work and help achieve the defined SLAs. We have received positive response from our employees on this initiative. We have actually continuously been in migrations and have doubled our headcount in the last one year. We encourage employees to come up with new ideas to improve efficiency. We have a lot of ideas submitted by our employees some of them already implemented and some currently being worked upon. We are also constantly working towards enhancing our systems. We will continue to listen and take all feedback we receive on board to improve. Thank you for your feedback and wishing you all the best!

Explore other reviews about Citco

5.0
Apr 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work culture and energy from people

Cons

Work can become tedious at times

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Citco Response
1mo
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
Recommend
CEO approval
Business Outlook

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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