Poorly managed sweat shop - Senior Vice President - FA Citco Employee Review

1.0
Nov 7, 2017
Recommend
CEO approval
Business outlook

Pros

Difficult to point out any positives - apart from the over rated CItco brand name which is mis sold in India

Cons

Cayman island company / not curacao headquartered as claimed by the company. Poor transition management methodology - story sold by transition head to top management different from ground reality / price being paid by junior staff who have to stretch on month ends. No HR presence in India... no holidays offered to staff even on diwali - global management hasn't understood india offshoring at all - dictate global processes which do not fit in india

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Citco Response
8y
Thank you for your feedback. Every transition is unique with multiple factors to be considered. We understand there could be some challenges during a transition and not all of the issues and risks can be anticipated at the start of the engagement. The transition methodology used in Citco is a tried and tested global framework, includes risk mitigation, has a robust governance mechanism at various stages and allows flexibility to accommodate unique situations and requirements. The transitions team works simultaneously with business teams, divisional interfaces and senior management to ensure a smooth transition. Given the nature of Citco’s business operations, employees may be required to work during certain local festivals. As an employee working in a global organization you need to understand and appreciate the dynamics of a global team. We would encourage you to explore more internal communication channels available to you to address your specific concerns.

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
4w
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
1mo
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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