Pros
You made it here to read the review. This might just change/save your career path and not make the mistake that I did.
Cons
This review specifically applies to Malvern, PA office in FSR, but people I talk to in other locations are also miserable. You must have seen other reviews about work life balance problems with Citco. That’s just tip of the iceberg. You will be subject to working on menial tasks(if that is your thing). My job since day 1(Manager level) is correcting and covering up for other employees’ lazy mistakes. All I do for 12-16 hours a day is review and mark up errors in PDF financial statements and correct excel formulas. Believe or not, work quality from offshore is better than lazy & incompetent employees in Malvern office. Your team leads actually want to work hard, but deep down inside they want to get out of this rotten to the core organization. You will be surrounded by utterly miserable people which is sort of travesty. Now focusing on real things that nobody wants to talk about: The power in Malvern office is concentrated among handful of EVP/Senior Managers whose personalities are mix of self righteous, loathing, narcissistic, condescending with splash of OCD. Management likes to hear themselves talk. Systemic problems since last 10 years in Malvern office have been ignored for sake of bottom dollarcreating a highly toxic work environment. You will routinely be subject to grueling 70+ hour work weeks from Jan-Apr and cannot take even a single vacation day(official policy). During every quarter end, you will be subjected to work 60+ hour weeks for about 4 weeks. In a calendar year, you will work unreasonable amount of hours for about half of year(25 weeks). Most of the time is wasted on self inflicted crises. Some of the draconian policies below. Official HR policy is 3 strikes, and you’re out. You will get routinely(emphasis here) written up for things like: You are late by even 10 minutes and fail to inform manager. You will be written up. You are unable to follow exact(yes exact) instructions from your manager. You will be written up. If you do not accept task from anybody senior than you, will be written up. Doesn’t matter if person is in your Org or not.
