It will make you appreciate your next job - Anonymous employee Citco Employee Review

1.0
May 2, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Breakfast provided once a month Free beer after 5pm Decent Benefits

Cons

I want to start off by saying I was a good employee there. I worked crazy hours and received good reviews and promotions. My reason for leaving was the terrible work environment created there rather than the work itself. It doesn't matter how smart or efficient you are, if you are not happy to do a huge amount of overtime you will not get promoted. They reward the people who stay until midnight. They refer to the busy times as "month end" which is supposed to occur during the first few days of the month, however for some teams this can last for 2-3 weeks. The turnover is unlike anything I have ever seen before. People quitting without having a new job and openly saying they would leave for a job paying less money. Every person I speak to who is still there is actively looking for a new job. Senior mgt often makes promises to reduce overtime. However as soon as they do they take on more work without hiring the staff first, putting the employees back in the position of being overworked again. I went through this cycle a few times when I was there so learned that they had no intention of lowering the workload. They don't give references other than to confirm dates employed. You need to get someone who has left the company to give you a reference or hope that your manager will give you one anyway.

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Citco Response
9y
Dear Former Colleague, Thank you for taking the time to provide feedback on your work experience. Based on your comments, it sounds as though you gained valuable exposure to complex financial instruments and accounting skills from the work you did at Citco and were recognized for your top performance with a promotion. Each promotion is discussed and vetted across the management team to ensure consistency and transparency. It is important to ensure we have a fair and merit-based process in place as we need our best talent servicing our clients. The local senior management is aware of the overtime figures and continues to make it a key focus to achieve a sustainable work-life balance for our employees in 2017. The office has hired over 80 people year-to-date in an effort to balance resources vs. workload. These new resources need time for training and improving productivity so this is a work in progress, but I assure it is a top priority for all of us.

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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