Citco reviews

3.4

59% would recommend to a friend

(3,583 total reviews)

Christopher Smeets

67% approve of CEO

60% positive business outlook

Citco has an employee rating of 3.4 out of 5 stars, based on 3,583 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Citco employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

4K reviews
4.0
Mar 30, 2017

Good company for recent college grads

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great experience if you want to get a start in the financial sector

Cons

The office is very young

avatar
Citco Response
9y
Dear Former Colleague, Many thanks for your 4 star rating and feedback.
2.0
Mar 30, 2017

Anonymous

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Salary: Manager and above have competitive salary (refer under cons for supervisor and below. - Vacation: One of the best in the financial industry. - Health benefit: Decent - Pension: Decent, company matches until 5% - Other Benefits: Beer, monthly breakfast and monthly cake and ice cream.

Cons

- Senior Management (attitude): Very defensive and have generic responses on issues. Unfortunately they are not honest and the environment his highly political. - Salary: Uncompetitive for Supervisor and below. - Turnover: Very high turnover and is really bad for the overall environment. - HR: Is almost all new in the Toronto office and that speaks about the overall environment of the Toronto office. - Jobs: Moving to Asia. (generic response: “Toronto is a strategic location”). Please be honest to your employee so that they can plan their future.

avatar
Citco Response
9y
Dear Colleague - thank you for taking the time to share your views - both positive and constructive. You've cited our very good benefit and leave offerings in the Toronto office that are in line with other top financial firms in the city. I understand your Managing Directors conducted a Town Hall recently and I would imagine that they provided the consistent message about our strategy to move certain roles to Asia that make sense in our business model. The message that Toronto is a strategic location is an honest depiction of the importance of that office as is the amount of work that continues to be done out of Toronto and the continued commitment to recruitment for your busy office.
5.0
Mar 27, 2017

Experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people to work with. Flexible hours- can go into work later than usual as long as you stay for 7.5 hours

Cons

Repetitive work. Doing the same things every day Lack of exposure to different departments. Cubicle work environment

avatar
Citco Response
9y
Dear Former Colleague - many thanks for your feedback and 5 star rating. I see you are no longer with us, but wanted to address one piece of your feedback for current staff who may see some of their work in the same light. Many jobs have routine aspects to them - but where an employee can really distinguish themselves at Citco is when they review their practices and develop process improvements that benefit the function. Introduce those ideas to your manager or your manager's manager. These are the types of people we look to include in projects or for special roles.
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