Citco Reviews | Glassdoor.co.uk

Citco Reviews

Updated 19 March 2019
841 reviews

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3.1
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Christopher Smeets
161 Ratings

Employee Reviews

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Pros
  • "free beer on friday after 4:00 pm, travel card" (in 90 reviews)

  • "The company really tried to compensate for the lack of work/life balance" (in 32 reviews)

Cons
  • "Unpredictable hours, poor work life balance" (in 77 reviews)

  • "Long hours particularly at month end" (in 135 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "SW Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Jersey City, NJ (US)
    Current Employee - Software Developer in Jersey City, NJ (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citco (More than 8 years)

    Pros

    Exciting projects in the pipeline
    Caring Management
    Diverse technologies to work on

    Cons

    Can't think of any at this point

    Citco Response

    5 Nov 2018 – HR

    Thank you for taking the time to provide feedback. It’s great to hear you enjoy the challenging work you are doing and that you feel supported by management. We are committed to creating a... More


  2. Helpful (1)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    I worked at Citco full-time

    Pros

    Friendly culture and decent salary

    Cons

    Late hours during month end but you get paid for over time

    Citco Response

    21 Jul 2017 – HR Director, Europe

    Dear former employee, thanks for the 4star rating!

  3. Helpful (1)

    "Old fashioned approach to working – lack of flexibility"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend

    I worked at Citco full-time (More than 3 years)

    Pros

    - Good people (mostly)
    - Friendly working environment
    - Varied work which kept things interesting

    Cons

    The firm is old fashioned and, in contrast to many other companies, has not moved to a more flexible approach. In particular:

    -Being present in the office is really important - working from home/remotely is not embraced despite technology allowing this.

    -Flexible working (e.g. part time or compacted weeks) is not embraced. As such, Citco is not suitable for those wanting flexibility for e.g. study, parenting or other reasons).

    I left due Citco’s lack of flexibility. While they have been trying to change this (via a new HR policy) this is not supported by all of Managers in the London office.

    Advice to Management

    All Manager's need to embrace more modern working practices or they will lose staff to the competition.


  4. "Should it be same opportunities in all countries?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Citco full-time

    Pros

    Career opportunities are great. The backside is that you need to work really long in order to open it for yourself. Amazing and supporting team though. You can make mistakes if it is a learning process and you are keen to learn.

    Cons

    Terrible overtime. I don't think the salary is adequate.

    Citco Response

    19 Nov 2018 – Human Resources

    Thank you for your review. It is great to hear you mention career opportunities as this has been a real focus for us over recent months. You also mentioned your team as a positive which is nice to... More


  5. "good"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citco full-time (Less than a year)

    Pros

    Good training, great company culture. Very helpful staff, and good social events

    Cons

    Very hierarchal, not very easy to climb up corporate ladder

    Advice to Management

    Provide more training opportunities.


  6. Helpful (3)

    "Sinking ship get out get out"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Citco full-time

    Pros

    Some nice ppl working there, holiday entitlement decent , free juices and fruit, onsite parking , staff discounts

    Cons

    Management and hr haven't a clue what they are doing , no confidentially exists in the place as ppl are related to mgrs and get info on Others , too many jobs for relatives or friends who aren't up to the task and as a result this affects teams morale , layoffs occurring more and more regular , a lot of tension and poor morale in office

    Advice to Management

    Quit so many of you are just not up to the job and your losing good staff cos of how you treat people


  7. Helpful (4)

    "Weird company and culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    Pros

    The working environment is relaxed. Free beer.

    Cons

    People are lazy, clueless about a lot of things but know how to hide it. Poor performing people generally move up in the company. Reporting lines are deliberately kept unclear so that they can be protected from accountability. Career opportunities are limited. Strategy of the company is not shared with the workforce. Technology used is poor and outdated.

  8. "Senior Fund Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Citco full-time

    Pros

    Good work life balance, great benefits

    Cons

    No bonus paid to employees below manager


  9. "Operation Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operation Analyst in Shanghai, Shanghai (China)
    Former Employee - Operation Analyst in Shanghai, Shanghai (China)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Citco full-time (More than a year)

    Pros

    good environment, top clients, great platforms, great team

    Cons

    night shift, low salary, no bonus


  10. "Nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President
    Current Employee - Vice President
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citco full-time (More than 5 years)

    Pros

    Very peofessional environment. Nice colleagues

    Cons

    Outdated workstations and laptops. Need to update more frequently

    Citco Response

    19 Mar 2019 – Human Resources

    Thank you for taking the time to leave a review. I am pleased to hear you list the environment and people as a pro. We often hear these mentioned as a positive of working with us and we believe that... More