Great experience as training grounds for young people
Pros
Competitive and challenging. Any other finance operations job would be certainly effortless once you are used to Citco's high pressure environment.
Cons
Limited opportunities in some department. Slow progression and promotion pace. It could take you 5 years or more to be promoted to senior role and little to no chance of progression to managerial role after that because they limit promotions on vacancies only, even if the department is growing. It makes me think that they apply a forced curve appraisal to their employees because only limited number of top employees can be recognized and anything less is disregarded. Management limits the number of promoted employees. Even you have performed so well but some of your colleagues have performed only a little bit better you will not be recognized because they compare your performance against your top performing colleagues and disregard anything less. You will only have the chance to be promoted once there is a vacancy for a more senior role. Salary increase is very incremental.
