Citco reviews

High turn over rate. Not much space for career development. Always have seniors/supervisors watching over your shoulder. They will not acknowledge your hard work, instead when you make any mistake you will be blamed, sometimes quite disrespectfully. No matter how early you submitted your work, you can't go home unless it is reviewed.

BELOW AVERAGE SALARY. Depending on which group you're in, it can be difficult to work with the supervisors or managers..either mean or unprofessional. Some never learn the meaning of "respect". They blame on your work if there are errors while neglecting they have some lousy part in doing the reviews. Almost impossible to move to other departments or groups. There is no work life balance. They expect you to over time. If you dont, it will reflect negative in your performance review that you dont make effort. It was a gruesome long hours and adding the last incident where they wiped the whole department and dumped the jobs to all senior/fund accountants. Workload kept increasing and they demanded you to take more responsibilities (force you to sign secondment) but nothing reflected on your compensation. Work hard for the company and received only 1000 bonus by end of the year despite all the long hours spent and received praised emails from internal and external clients. Manager tampered with your performance review to make sure you didnt get a good raise despite all the proven emails AGAIN from internal and external clients praising your excellent job! Manager only gave "good" performance (rating 3). Rating 1-5 with 1 is poor 5 is excellent. When question why the answer was like that he said he never gave more than 3. Politics here is pretty thick not very obvious unless you have been a while with the company. If you close to certain top people you can get promoted so it's not really based on your performance. Here maybe the reason for poor spv/mgr. Recent trend: BEWARE Citco is CUTTING cost everywhere. They wiped 2 departments and you can see here and there lacking. They get rid of long time employees and replace them with newer cheaper less knowledgeable employees. While I understand the strategy, it's really DIRTY how they do this. They basically questioning those employees about their work and told them they have performance issues. Yeah right after 5-7 years of work. Force them to silently quit with lots of unnecessary pressures. If you persevere and finally fired, they force you to sign a letter that basically you cant sue them. Why dont they just give a compensation package if they want them to leave rather than unpleasant doings. Disgusting!